Monday, February 5, 2018

Bon-Ton Stores Seeks Chapter 11 Bankruptcy Protection

Wall Street Journal

Wall Street Journal

Bon-Ton Stores Inc., one of the largest regional department-store chains in the U.S., sought bankruptcy protection on Sunday as discussions with its debtholders have yet to come to a conclusion.

The Pennsylvania-based retailer filed for chapter 11 in U.S. Bankruptcy Court in Wilmington, Del., in a bid to deal with a crushing debt load and declining sales.. . . more