MILWAUKEE, Wis., 2016-Oct-31 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT), today (October 27, 2016) announced it will close its Bon-Ton store at the Hamden Mart in Hamden, Connecticut. The Company will not renew the lease, which terminates January 31, 2017. The closing will impact approximately 61 associates at this location. The store will remain open until the end of its lease term.
“Closing this store was a difficult decision,” commented Kathryn Bufano, president and chief executive officer for The Bon-Ton Stores, Inc. “We would like to thank the loyal customers who have shopped with Bon-Ton over the years as well as our devoted store associates for their dedication and friendly customer service to this community.”
The affected associates at the Hamden Mart Bon-Ton location will be considered for available opportunities at other store locations or receive career transition benefits, including severance, according to established practices and state employment service support.
Customers are invited to shop at the company’s website at bonton.com.
About The Bon-Ton Stores, Inc.
The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 267 stores, which includes 9 furniture galleries and five clearance centers, in 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Boston Store, Bergner’s, Carson’s, Elder-Beerman, Herberger’s and Younkers nameplates. The stores offer a broad assortment of national and private brand fashion apparel and accessories for women, men and children, as well as cosmetics and home furnishings. The Bon-Ton Stores, Inc. is an active and positive participant in the communities it serves. For further information, please visit the investor relations section of the Company’s website at http://investors.bonton.com.
Source: The Bon-Ton Stores, Inc./globenewswire