The Bon-Ton Stores, Inc. announces the promotion of Chad Stauffer to the position of President, Merchandising and Marketing

The Bon-Ton Stores, Inc. announces the promotion of Chad Stauffer to the position of President, Merchandising and Marketing

 

MILWAUKEE, 2017-Dec-08 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (OTCQX:BONT) today (December 5, 2017) announced the promotion of Chad Stauffer to the position of President of Merchandising and Marketing for the Company, effective immediately.  Mr. Stauffer will have responsibility leading the company’s merchandising, marketing and ecommerce strategy.

Stauffer has spent ten years at Bon-Ton, most recently serving as Executive Vice President of Merchandising.  He was previously Senior Vice President and General Merchandise Manager of Men’s, Children’s and Home, and prior to that Group Vice President of Private Brand Strategic Planning and Product Development for Men’s and Children’s for the Company.  Mr. Stauffer previously worked at Belk Department stores as Vice President and Divisional Merchandise Manager of Home Store, and prior to that, as Vice President and Divisional Merchandise Manager of Children’s Apparel, Accessories & Toys. He has also held positions on the merchandise teams at Sports Authority, Kohl’s, J.C. Penney, and May Department Stores.

Commenting on Mr. Stauffer’s appointment, Bill Tracy, President and Chief Executive Officer, said, “We’re thrilled to recognize Chad’s contributions to Bon-Ton and proven leadership skills with this promotion. We are confident that, in this newly created role, he will drive continued execution of our merchandising and marketing strategies as our broader management team remains focused on our comprehensive turnaround plan to drive improved performance and establish a sustainable capital structure that will help us succeed long term.”

Mr. Stauffer stated, “I am excited about taking on this new role and working with our marketing and ecommerce teams to implement our key initiatives. We remain focused on building powerful merchandising assortments that meet our customers’ needs across a broad spectrum of occasions, as well as improving customer engagement through refinement of our marketing programs.”

About The Bon-Ton Stores, Inc.
The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 260 stores, which includes nine furniture galleries and four clearance centers, in 25 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, 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 http://investors.bonton.com.

MEDIA CONTACT: 
Christine Hojnacki
414-347-5329
Christine.hojnacki@bonton.com

Source: The Bon-Ton Stores, Inc./globenewswire

The Bon-Ton Stores, Inc. to release Q3 2017 financial results on Thursday, November 16, 2017

YORK, Pa., 2017-Nov-07 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) today announced that its financial results for the third quarter fiscal 2017 will be released on Thursday, November 16, 2017. The company will host a conference call at 10:00 a.m. eastern time to discuss the financial results, followed by a question and answer session.

Investors and analysts interested in participating in the call are invited to dial (888) 596-2581 at 9:55 a.m. eastern time. A taped replay of the conference call will be available within two hours of the conclusion of the call and will remain available through Thursday, November 23, 2017. The number to call for the taped replay is (844) 512-2921 and the replay PIN is 5627617. The conference call will also be broadcast on the company’s website at http://investors.bonton.com. An online archive of the webcast will be available within two hours of the conclusion of the call.

About The Bon-Ton Stores, Inc.
The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 260 stores, which includes nine furniture galleries and four clearance centers, in 24 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, 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 http://investors.bonton.com.

CONTACT:

Investor Relations
Jean Fontana
ICR, Inc.
646-277-1214
jean.fontanta@icrinc.com

Source: The Bon-Ton Stores, Inc./globenewswire

The Bon-Ton Stores, Inc. to start trading on the OTCQX Best Market starting Thursday, November 9

YORK, Pa., 2017-Nov-07 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (“Bon-Ton” or the “Company”) (OTCQX:BONT) today (Nov. 03, 2017) announced that the shares of its common stock will begin to trade on the OTCQX Best Market starting Thursday, November 9.  Bon-Ton will continue to trade under the symbol “BONT.”  Shareholders can access real-time price quotes and financial disclosures for Bon-Ton on www.otcmarkets.com.

With this announcement, Bon-Ton joins many other established public companies who use the OTCQX market, a recognized public market that offers efficient and transparent trading for U.S. and global companies.

The Company will continue its regular quarterly earnings press releases and conference calls in conjunction with filing quarterly and annual reports on Forms 10-Q and 10-K, respectively. Bon-Ton will also continue to file current reports on Form 8-K.

About The Bon-Ton Stores, Inc.

The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 260 stores, which includes nine furniture galleries and four clearance centers, in 24 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, 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 http://investors.bonton.com.

Cautionary Note Regarding Forward-Looking Statements

Certain information included in this press release contains statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, which may be identified by words such as “may,” “could,” “will,” “plan,” “expect,” “anticipate,” “believe,” “estimate,” “project,” “intend” or other similar expressions and include the Company’s fiscal 2017 guidance, involve important risks and uncertainties that could significantly affect results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Company.  Factors that could cause such differences include, but are not limited to: risks related to retail businesses generally; a significant and prolonged deterioration of general economic conditions which could negatively impact the Company in a number of ways, including the potential write-down of the current valuation of intangible assets and deferred taxes; risks related to the Company’s proprietary credit card program; potential increases in pension obligations; consumer spending patterns, debt levels, and the availability and cost of consumer credit; additional competition from existing and new competitors or changes in the competitive environment; inflation; deflation; changes in the costs of fuel and other energy and transportation costs; weather conditions that could negatively impact sales; uncertainties associated with expanding or remodeling existing stores; the ability to attract and retain qualified management; the dependence upon relationships with vendors and their factors; a data security breach or system failure; the ability to reduce or control SG&A expenses, including initiatives to reduce expenses and improve profits; operational disruptions; unsuccessful marketing initiatives; the ability to expand our capacity and improve efficiency through our new eCommerce fulfillment center; changes in, or the failure to successfully implement, our key strategies, including initiatives to improve our merchandising, marketing and operations; adverse outcomes in litigation; the incurrence of unplanned capital expenditures; the ability to obtain financing for working capital, capital expenditures and general corporate purposes; the impact of regulatory requirements including the Health Care Reform Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act; the inability or limitations on the Company’s ability to favorably adjust the valuation allowance on deferred tax assets; and the financial condition of mall operators.  Additional factors that could cause the Company’s actual results to differ from those contained in these forward-looking statements are discussed in greater detail under Item 1A of the Company’s Form 10-K filed with the Securities and Exchange Commission.

MEDIA CONTACT:

Christine Hojnacki
The Bon-Ton Stores, Inc.
Christine.hojnacki@bonton.com
414-347-5329

Source: The Bon-Ton Stores, Inc./globenewswire

The Bon-Ton Stores, Inc. to host Q3 2017 financial results conference call on Thursday, November 16, 2017

YORK, Pa., 2017-Nov-04 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) today (November 2, 2017) announced that its financial results for the third quarter fiscal 2017 will be released on Thursday, November 16, 2017. The company will host a conference call at 10:00 a.m. eastern time to discuss the financial results, followed by a question and answer session.

Investors and analysts interested in participating in the call are invited to dial (888) 596-2581 at 9:55 a.m. eastern time. A taped replay of the conference call will be available within two hours of the conclusion of the call and will remain available through Thursday, November 23, 2017. The number to call for the taped replay is (844) 512-2921 and the replay PIN is 5627617. The conference call will also be broadcast on the company’s website at http://investors.bonton.com. An online archive of the webcast will be available within two hours of the conclusion of the call.

About The Bon-Ton Stores, Inc.
The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 260 stores, which includes nine furniture galleries and four clearance centers, in 24 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, 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 http://investors.bonton.com.

CONTACT:
Investor Relations
Jean Fontana
ICR, Inc.
646-277-1214
jean.fontanta@icrinc.com

Source: The Bon-Ton Stores, Inc./globenewswire

The Bon-Ton Stores, Inc. to close its University Mall store in South Burlington, Vermont early next year

MILWAUKEE, WI, 2017-Oct-20 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ: BONT), today (October 18, 2017) announced it will close its store at the University Mall in South Burlington, Vermont early next year when its lease expires January 31, 2018. The store will be open for business to customers through January 2018. The closing will impact approximately 42 associates currently working at this location.

“We continually evaluate our business at each store location, and had to make the difficult decision not to renew our lease,” commented Bill Tracy, 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.”

In January, associates at this location will be offered the opportunity to interview for available positions in the company or receive career transition benefits, including severance, according to established practices and state employment service support.

About The Bon-Ton Stores, Inc.
The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 260 stores, which includes 9 furniture galleries and four clearance centers, in 24 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson’s, ElderBeerman, 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 http://investors.bonton.com.

MEDIA CONTACT:
Christine Hojnacki
414-347-5329
christine.hojnacki@bonton.com

Source: Bon-Ton Stores, Inc.

The Bon-Ton Stores, Inc. closes an extension of its $730 million ABL Tranche A credit facility in advance of its Dec 2018 maturity date

YORK, Pa., 2017-May-03 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) announced today (May 01, 2017) that it has successfully completed the closing of an extension of its $730 million ABL Tranche A credit facility in advance of its December 2018 maturity date.  The Tranche A revolving facility is now due to mature in April 2022. Pricing and all other terms of the ABL facility are essentially unchanged, and the total commitment under the facility (Tranche A and Tranche A-1) remains at $880 million.

Nancy Walsh, Bon-Ton’s Executive Vice President, Chief Financial Officer, commented, “We are excited to have successfully completed the extension of our ABL credit facility, securing our borrowing capacity and extending our debt maturities.  We appreciate the ongoing support of our existing bank group, and welcome our new lenders to the ABL facility.  Over the last two years, we have taken meaningful steps to improve our balance sheet by repaying and refinancing debt.  We now have increased financial flexibility to execute our long term strategic initiatives.”

About The Bon-Ton Stores, Inc.
The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 261 stores, which includes nine furniture galleries and four clearance centers, in 25 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, 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 http://investors.bonton.com.

Cautionary Note Regarding Forward-Looking Statements
Certain information included in this press release contains statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, which may be identified by words such as “may,” “could,” “will,” “plan,” “expect,” “anticipate,” “believe,” “estimate,” “project,” “intend” or other similar expressions and include the Company’s fiscal 2017 guidance, involve important risks and uncertainties that could significantly affect results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Company.   Factors that could cause such differences include, but are not limited to: risks related to retail businesses generally; a significant and prolonged deterioration of general economic conditions which could negatively impact the Company in a number of ways, including the potential write-down of the current valuation of intangible assets and deferred taxes; risks related to the Company’s proprietary credit card program; potential increases in pension obligations; consumer spending patterns, debt levels, and the availability and cost of consumer credit; additional competition from existing and new competitors or changes in the competitive environment; inflation; deflation; changes in the costs of fuel and other energy and transportation costs; weather conditions that could negatively impact sales; uncertainties associated with expanding or remodeling existing stores; the ability to attract and retain qualified management; the dependence upon relationships with vendors and their factors; a data security breach or system failure; the ability to reduce or control SG&A expenses, including initiatives to reduce expenses and improve efficiency; operational disruptions; unsuccessful marketing initiatives; the ability to expand our capacity and improve efficiency through our new eCommerce fulfillment center; changes in, or the failure to successfully implement, our key strategies, including initiatives to improve our merchandising, marketing and operations; adverse outcomes in litigation; the incurrence of unplanned capital expenditures; the ability to obtain financing to fund working capital, capital expenditures, losses and general corporate purposes; the impact of regulatory requirements including the Health Care Reform Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act; the inability or limitations on the Company’s ability to favorably adjust the valuation allowance on deferred tax assets; and the financial condition of mall operators.  Additional factors that could cause the Company’s actual results to differ from those contained in these forward-looking statements are discussed in greater detail under Item 1A of the Company’s Form 10-K filed with the Securities and Exchange Commission.

CONTACT:
Investor Relations
Jean Fontana
ICR, Inc.
646.277.1214
jean.fontana@icrinc.com

Source: The Bon-Ton Stores, Inc./globenewswire

The Bon-Ton Stores, Inc. welcomes Norm Veit as its new EVP, Chief Information Officer

YORK, Pa., 2017-May-03 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ: BONT) today (May 2, 2017 ) announced the appointment of Norm Veit to the position of Executive Vice President, Chief Information Officer of the Company, effective Monday, May 1, 2017.  Mr. Veit will have responsibility for IT strategy and operations.

Veit brings more than 35 years of valuable experience to Bon-Ton, having held a variety of leadership roles in retail companies throughout his career. He most recently served as Chief Information Officer and EVP, Distribution, Real Estate & Facilities for Nine West Holdings, Inc. In this role, Veit was responsible for the company’s global IT strategy and operations, revamping retail systems to improve efficiency, enhancing the customer shopping experience, and all corporate real estate and facilities operations. Previous assignments at Nine West include Sr. Vice President Corporate MIS and Vice President, MIS. Mr. Veit has his Business Administration degree from Temple University.

Commenting on Mr. Veit’s appointment, Bill Tracy, Chief Operating Officer, said, “We are delighted to have Norm join our executive leadership team. He brings extensive knowledge in IT operations as well as strategic planning to Bon-Ton. We also look forward to benefitting from his retail systems expertise and his capabilities to enhance customer shopping experience.”

About The Bon-Ton Stores, Inc.
The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 261 stores, which includes nine furniture galleries and four clearance centers, in 25 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, 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 http://investors.bonton.com.

SOURCE: The Bon-Ton Stores

The Bon-Ton Stores, Inc. to close its store at the Schuylkill Mall in Frackville, Pennsylvania

MILWAUKEE, WI, 2017-Apr-04 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ: BONT), today (April 1, 2017)  announced it will close its Bon-Ton store at the Schuylkill Mall in Frackville, Pennsylvania. The company has entered into an agreement to sell the store property as of May 1, 2017, when the store will close. The closing will impact approximately 35 associates at this location.

“Closing a store is never an easy 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 Bon-Ton’s Schuylkill Mall location will be offered the opportunity to interview for available positions at stores in the area or receive career transition benefits, including severance, according to established practices and state employment service support.

Customers are invited to shop at nearby Bon-Ton locations at Bloomsburg Mall, Bloomsburg, PA; Berkshire Mall, Reading, PA; Wyoming Valley Mall, Wilkes-Barre, PA or online 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 262 stores, which includes nine furniture galleries and four clearance centers, in 25 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, 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. For further information, please visit http://investors.bonton.com.

MEDIA CONTACT:

Christine Hojnacki
414-347-5329
christine.hojnacki@bonton.com

Source: The Bon-Ton Stores, Inc.

The Bon-Ton Stores, Inc. to announce 4Q and full year fiscal 2016 financial results on March 14, 2017

YORK, Pa., 2017-Mar-06 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) today (February 28, 2017) announced that its financial results for the fourth quarter and full year fiscal 2016 will be released on Tuesday, March 14, 2017. The company will host a conference call at 10:00 a.m. eastern time to discuss the financial results, followed by a question and answer session.

Investors and analysts interested in participating in the call are invited to dial (888) 504-7960 at 9:55 a.m. eastern time. A taped replay of the conference call will be available within two hours of the conclusion of the call and will remain available through Tuesday, March 21, 2017. The number to call for the taped replay is (844) 512-2921 and the replay PIN is 7019074. The conference call will also be broadcast on the company’s website at http://investors.bonton.com. An online archive of the webcast will be available within two hours of the conclusion of the call.

About The Bon-Ton Stores, Inc.
The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 263 stores, which includes nine furniture galleries and four clearance centers, in 25 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, 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 http://investors.bonton.com.

CONTACT:

Investor Relations
Jean Fontana
ICR, Inc.
646-277-1214
jean.fontanta@icrinc.com

Source: The Bon-Ton Stores, Inc./globenewswire

The Bon-Ton Stores, Inc. invites local makers, artisans and entrepreneurs for the “Close to Home” Online Sourcing Fair, Feb 7-March 24, 2017

CALLING ALL LOCAL MAKERS, ARTISANS AND ENTREPRENEURS TO APPLY ONLINE FOR CONSIDERATION

MILWAUKEE, 2017-Feb-08 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ: BONT), which operates Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers stores, plans to expand its “Close to Home” initiative by adding in-store shops to at least 100 stores this year after a successful launch in 45 stores in fall 2016. As part of the expansion, the retailer also announced the launch of the new “Close to Home” Online Sourcing Fair that invites local artists and designers, makers, artisans, and entrepreneurs with established businesses and galleries interested in having their products sold in “Close to Home” shops to apply online.

Product submissions for the first “Close to Home” Online Sourcing Fair are being accepted February 7 through March 24, 2017 at closetohome.bonton.com. Interested applicants must reside in one of Bon-Ton’s 25 states to apply for this exclusive opportunity. The company hopes the “Close to Home” Online Sourcing Fair will attract a large number of new and talented artisans and entrepreneurs eager to grow their small businesses and reach new audiences.

Open year round in-store and online, the “Close to Home” shops feature locally-sourced and themed products and were a hit during the 2016 fall and holiday shopping season. From September through December, “Close to Home” shop sales more than doubled projections and the company expects continued growth in 2017.

“Our regional merchandising teams carefully curated these shops to deliver customers a hometown shopping experience that reflects the tastes and buying preferences of our local communities,” said Kathryn Bufano, president and CEO of The Bon-Ton Stores, Inc. “The ‘Close to Home’ shops have been a great opportunity for us to showcase local artisans and entrepreneurs and demonstrate our commitment to supporting the communities we serve.”

More than 100 small businesses from 16 cities across eight states were featured in the initial launch of the “Close to Home” shops. For many, the opportunity to sell products in a major department store provided significant growth for their business.

“I doubled my yearly revenue in 2016 and had more sales in December than the entire previous 11 months combined,” said Carma Wood, owner of Kiyi Kiyi Cosmetics in Willmar, Minnesota. “Being featured in a ‘Close to Home’ shop has allowed me to reach a wider audience of customers.”

“With our products in the ‘Close to Home’ shop, we have seen not only an increase in sales, but an increase in overall brand awareness,” commented Clint McMahon, owner of MPLS STP Clothing.  “We are very grateful to be included because our business is all about helping people celebrate home and show their hometown pride.”

“We started out selling primarily at craft fairs, farmers markets and a few boutiques, and then Bon-Ton called,” said Kelley Grace Quakkelaar of Wisconsin’s Gracie Designs, which produces hand-crafted wristlets and trucker hats for the ‘Close to Home’ shop. “It’s been a significant ramping up of our business.”

While each “Close to Home” shop is unique to its community, most shops include locally-themed apparel; glassware, pillows, blankets and home décor; handbags, scarves and other accessories; natural candles, bath and body products; and other unique giftable items. Many products are hand-crafted or made with locally-sourced materials.

Through the “Close to Home” Online Sourcing Fair, Bon-Ton plans to expand product offerings to include a broader selection of custom-designed and produced clothing and one-of-a-kind creations such as artwork, paintings, jewelry, décor and art objects crafted by local artists.

Bon-Ton aims to have “Close to Home” shops in at least 150 stores by mid-2017, representing more than half of the company’s stores. As the program expands and rotates featured makers, new items will be added frequently and seasonally. As such, the “Close to Home” shops will always have fresh and unique product assortments. Bon-Ton will hold future online sourcing fairs as part of an ongoing effort to develop more relationships with local makers and curate a broader selection of local product offerings.

About The Bon-Ton Stores, Inc.
The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 263 stores, which includes 9 furniture galleries and four clearance centers, in 25 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, 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 store locations and information, visit bonton.com. Join the conversation and be inspired by following Bon-Ton on Facebook, Twitter, Instagram, Pinterest and the fashion, beauty and lifestyle blog, #LoveStyle.

SOURCE: The Bon-Ton Stores, Inc.

The Bon-Ton Stores, Inc. to close its Elder-Beerman store at the Ohio Valley Mall in St. Clairsville, Ohio

MILWAUKEE, WI, 2017-Jan-18 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ: BONT), today (January 17, 2017)  announced it will close its Elder-Beerman store at the Ohio Valley Mall in St. Clairsville, Ohio. The company will not renew the lease, which terminates March 31, 2017. The closing will impact approximately 46 associates at this location. The store will remain open until the end of its lease term.

“Closing a store is never an easy 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 Elder-Beerman over the years as well as our devoted store associates for their dedication and friendly customer service to this community.”

The affected associates at Elder-Beerman’s Ohio Valley Mall location will be offered the opportunity to interview for available positions at stores in the area or receive career transition benefits, including severance, according to established practices and state employment service support.

Customers are invited to shop online at the company’s website at elderbeerman.com.

About The Bon-Ton Stores, Inc.

The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 266 stores, which includes 9 furniture galleries and four clearance centers, in 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Boston Store, Bergner’s, Carson’s, ElderBeerman, 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.

MEDIA CONTACT:

Christine Hojnacki
414-347-5329
christine.hojnacki@bonton.com

Source: Bon-Ton Stores, Inc.

The Bon-Ton Stores, Inc. announces comparable store sales for the nine-week holiday period

YORK, Pa., 2017-Jan-13 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) today (Jan. 11, 2017) announced that its comparable store sales for the nine-week holiday period ended December 31, 2016 decreased 3.1%, in line with guidance provided on November 17, 2016.  Total sales for the nine week November and December period were $752.1 million compared to sales of $784.4 million in the prior year period.

Kathryn Bufano, President and Chief Executive Officer, commented, “Following challenging sales trends in the first three weeks of November, business improved from Thanksgiving through the end of December.  During the holiday season, we continued to deliver double digit growth in our omnichannel business, including mobile demand.  Our best performing categories during the holiday season were men’s big and tall, furniture, women’s outerwear, and intimate apparel.”

Ms. Bufano added, “We are pleased to see the traction we are gaining on our merchandising initiatives despite weak mall traffic trends.  Our focus remains on executing against our strategic initiatives, while prudently managing inventory levels and expenses.  Based on these sales trends and our expectations for the remainder of the quarter, we are maintaining our full-year guidance provided on November 17, 2016; however, we expect to be at the low end of the range.”

The company will provide additional details on March 14, 2017 when it reports its results for the fourth quarter and fiscal 2016 periods ending January 28, 2017.

About The Bon-Ton Stores, Inc.
The Bon-Ton Stores, Inc., with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin, operates 266 stores, which includes nine furniture galleries and four clearance centers, in 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, 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.  For further information, please visit the investor relations section of the Company’s website at http://investors.bonton.com.

Cautionary Note Regarding Forward-Looking Statements
Certain information included in this press release contains statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, which may be identified by words such as “may,” “could,” “will,” “plan,” “expect,” “anticipate,” “believe,” “estimate,” “project,” “intend” or other similar expressions and include the Company’s fiscal 2016 guidance, involve important risks and uncertainties that could significantly affect results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Company.   Factors that could cause such differences include, but are not limited to: risks related to retail businesses generally; a significant and prolonged deterioration of general economic conditions which could negatively impact the Company in a number of ways, including the potential write-down of the current valuation of intangible assets and deferred taxes; risks related to the Company’s proprietary credit card program; potential increases in pension obligations; consumer spending patterns, debt levels, and the availability and cost of consumer credit; additional competition from existing and new competitors or changes in the competitive environment; inflation; deflation; changes in the costs of fuel and other energy and transportation costs; weather conditions that could negatively impact sales; uncertainties associated with expanding or remodeling existing stores; the ability to attract and retain qualified management; the dependence upon relationships with vendors and their factors; a data security breach or system failure; the ability to reduce or control SG&A expenses, including initiatives to reduce expenses and improve efficiency; operational disruptions; unsuccessful marketing initiatives; the ability to expand our capacity and improve efficiency through our new eCommerce fulfillment center; changes in, or the failure to successfully implement, our key strategies, including initiatives to improve our merchandising, marketing and operations; adverse outcomes in litigation; the incurrence of unplanned capital expenditures; the ability to obtain financing for working capital, capital expenditures and general corporate purposes; the impact of regulatory requirements including the Health Care Reform Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act; the inability or limitations on the Company’s ability to favorably adjust the valuation allowance on deferred tax assets; and the financial condition of mall operators.  Additional factors that could cause the Company’s actual results to differ from those contained in these forward-looking statements are discussed in greater detail under Item 1A of the Company’s Form 10-K filed with the Securities and Exchange Commission.

CONTACT:
Wendy Wilson
Vice President
Investor Relations
414-347-5153
wendy.wilson@bonton.com

Source: The Bon-Ton Stores, Inc./globenewswire

The Bon-Ton Stores, Inc. to hold a special “Santa Fest” on all store location, December 3 and December 10

  • THE BON-TON FAMILY OF STORES WELCOMES THE BELOVED MAN IN THE RED SUIT WITH FAMILY-FRIENDLY “SANTA FEST” IN EVERY STORE
  • Free Santa Selfies, kids’ crafts and a host of special activities highlight Santa Fest while new Danny Gokey version of “Santa Claus is Comin’ to Town” launches holiday campaign

MILWAUKEE, 2016-Dec-01 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) which operates Bon-Ton, Boston Store, Bergner’s, Carson’s, Elder-Beerman, Herberger’s and Younkers stores brings all things merry and bright to center stage with Santa’s arrival.  Celebrate everyone’s favorite jolly old soul during a special “Santa Fest” at every store location Saturday, December 3 and Saturday, December 10 from 11 am-3 pm.

Children and families can take free selfies with Santa, create family-friendly crafts including reindeer ears and holiday greeting cards, enter for a chance to win prizes and enjoy hot chocolate treats. Parents receive 30% off on kids’ apparel purchases all day. To find a Santa Fest location, visit bonton.com/santafest.

Adding to the holiday cheer is the launch of a partnership with American Idol alum and BMGrecording artist Danny Gokey. Gokey’s exclusive recording of the classic “Santa Claus is Comin’ to Town” serves as the Bon-Ton Stores’ signature song for the 2016 holiday television campaign. The song will also be a bonus track on Gokey’s award winning holiday CD “Christmas is Here” which debuted at #1 on the Billboard Holiday Album chart last year. The CD with bonus track is available exclusively at Bon-Ton Stores. For every CD purchased, one dollar of the proceeds will benefit Sophia’s Heart, a non-profit organization which Gokey founded in honor of his late wife to serve at-risk children and families. The Bon-Ton Stores, Inc. aims to raise $10,000 for the non-profit in December.

“The holidays are a time to celebrate families” said Gokey. “It brings me a lot of joy to combine my passion for music with that special holiday spirit and share it with others. This is also the season of giving and I’m grateful to the Bon-Ton Stores for helping Sophia’s Heart change lives and restore hope for hundreds of kids and families.”

Gokey’s CD will be available at most stores and online for $11.98 December 1 through December 24.  To learn more visit bonton.com/gokey starting December 1.

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, Bergner’s, Boston Store, 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 store locations and information, visit bonton.com. Join the conversation and be inspired by following Bon-Ton on Facebook, Twitter, Instagram, Pinterest and the fashion, beauty and lifestyle blog, #LoveStyle. ?

About Danny Gokey:

BMG recording artist Danny Gokey became a favorite of millions of fans as a Top 3 finalist on Season Eight of American Idol. His first album, My Best Days debuted at #4 on the Billboard Top 200 album chart. Following, Danny has celebrated a series of #1s including his latest full album release, his first Award-winning holiday album, “Christmas Is Here,” as well as singles including “Hope In Front of Me” and “Tell Your Heart to Beat Again.” He is also the founder of Sophia’s Heart, an organization established in honor of his late wife that provides hope and help to homeless families in crisis. It also has a thriving inner city Music & Arts program in Danny’s hometown of Milwaukee.  For more official news and information go to www.dannygokey.com.

MEDIA CONTACT:

Christine Hojnacki
The Bon-Ton Stores, Inc.
414.347.5329
christine.hojnacki@bonton.com

Source: The Bon-Ton Stores, Inc./globenewswire

The Bon-Ton Stores, Inc. announces operating results for its third quarter fiscal 2016

YORK, Pa., 2016-Nov-19 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) today (Nov. 17, 2016) reported operating results for its fiscal third quarter ended October 29, 2016, and updated its guidance for the full year fiscal 2016.

Results for the Third Quarter Ended October 29, 2016

  • Comparable store sales decreased 4.9% as compared with the prior year period.
  • Net loss was $31.6 million, or $1.58 per diluted share, compared with net loss of $34.0 million, or $1.72 per diluted share, in the third quarter of fiscal 2015.
  • Adjusted EBITDA was $10.6 million compared to Adjusted EBITDA of $5.7 million in the third quarter of 2015.  (As used in this release, Adjusted EBITDA is not a measure recognized under GAAP – see the accompanying financial table which reconciles this non-GAAP measure to net loss).  Excluding the financial impact of $2.1 million of consulting expenses and severance costs related to the company’s cost savings initiatives, Adjusted EBITDA was $12.7 million in the third quarter of fiscal 2016.

Kathryn Bufano, President and Chief Executive Officer, commented, “Although our third quarter sales performance was impacted by warm weather in addition to soft traffic trends, we made progress on a number of our strategic initiatives.  We delivered sales gains in several key categories as well as double digit growth in our omnichannel business and accelerated growth on our mobile site.  In addition, we increased our gross margin rate by 170 basis points as a result of improved merchandise margin and reduced delivery costs.  We also continued to execute against our cost savings initiatives and reduced inventory by 4.9%.”

Ms. Bufano continued, “Looking ahead, we expect to drive continued momentum in omnichannel with enhancements to our website and mobile site, in addition to our Buy Online Pick Up In-Store initiative.  We also expect to benefit from our new Love Style Rewards program, continued expansion of new brands and categories, and recently opened furniture departments.”

Third Quarter Review
Comparable store sales in the third quarter of fiscal 2016 decreased 4.9%.  Total sales in the period decreased 5.4% to $589.9 million, compared with $623.4 million in the third quarter of fiscal 2015, primarily as a result of the impact that unseasonably warm weather had on cold weather-related sales.  Sales increases were achieved in furniture, dresses, denim, all active sportswear, contemporary plus, men’s big and tall, and men’s sportswear.

The company achieved accelerated growth in omnichannel, which reflects sales via its website, mobile site, and its Buy Online Pick Up In-Storeinitiative.  The company also launched its Love Style Rewards program, rolled out a new and enhanced mobile site, expanded new brands and categories, and opened furniture departments in additional stores.

Other income in the third quarter of fiscal 2016 was $17.3 million, a decrease of $0.2 million over the comparable prior year period.  Proprietary credit card sales, as a percentage of total sales, increased 250 basis points to 57.0% in the third quarter of fiscal 2016 compared to the previous year.

Gross profit decreased $1.3 million to $207.1 million in the third quarter of fiscal 2016, primarily as a result of lower sales volume, partially offset by improved merchandise margin and favorable delivery costs.  The gross margin rate in the third quarter of fiscal 2016 was 35.1% of net sales as compared to 33.4% in the same quarter last year.

Selling, general and administrative (“SG&A”) expense in the third quarter of fiscal 2016 decreased $6.4 million, or 2.9%, to $213.8 million, compared to the third quarter of fiscal 2015. This was largely due to savings related to non-customer facing expenses, partially offset by higher medical claims, as well as the consulting expenses and severance associated with the company’s cost savings initiatives.  The SG&A expense rate in the third quarter of 2016 was 36.2% of net sales, an increase of 90 basis points over the prior year, primarily as a result of the decreased sales volume in the period.  Excluding the $2.1 million of consulting costs and severance in the third quarter of fiscal 2016, SG&A expense decreased $8.6 million from the comparable prior year period.

As of October 29, 2016, the company had approximately $303 million of borrowing capacity under its revolving credit facility. As previously announced, on November 29, 2016, the company will repay the outstanding principal amount of $57 million of its 10 5/8% Second Lien Senior Secured Notes due in 2017.  The company is still on-track to achieve its previously stated $21 to $24 million net SG&A and cost of goods savings, and expects to decrease debt by approximately $5 million to $10 million by the end of the year.

Guidance  
As a result of unseasonably warm weather in our regions and prevailing soft mall traffic trends, we believe it is prudent to revise our guidance for the year.  We are now forecasting loss per diluted share to be in the range of $2.04 to $2.54 and Adjusted EBITDA to be in the range of $114 million to $124 million.  (As used in this release, Adjusted EBITDA is not a measure recognized under GAAP – see the accompanying financial table which reconciles this non-GAAP measure to net loss.).

Assumptions reflected in the company’s revised full-year guidance include the following:

  • A comparable sales decrease ranging from 2.5% to 3.5%;
  • A gross margin rate ranging from a 80- to 90-basis-point increase over the fiscal 2015 rate of 34.7%;
  • SG&A between $885 million and $888 million, or an expense rate ranging from a 50- to 70-basis-point increase from the fiscal 2015 rate of 33.3%;
  • Capital expenditures not to exceed $40 million, net of external contributions; and
  • An estimated 20 million weighted average shares outstanding.

Call Details
The company’s quarterly conference call to discuss third quarter fiscal 2016 results will be broadcast live today at 10:00 a.m. Eastern time.  Investors and analysts interested in participating in the call are invited to dial (888) 293-8969 at 9:55 a.m. Eastern time.  A taped replay of the conference call will be available within two hours of the conclusion of the call and will remain available through Thursday, November 24, 2016.  The number to call for the taped replay is (877) 870-5176 and the replay PIN is 1572377.  The conference call will also be broadcast on the company’s website at http://investors.bonton.com.  An online archive of the webcast will be available within two hours of the conclusion of the call.

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 nine furniture galleries and five clearance centers, in 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, 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.  For further information, please visit the investor relations section of the company’s website at http://investors.bonton.com.

Cautionary Note Regarding Forward-Looking Statements
Certain information included in this press release contains statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, which may be identified by words such as “may,” “could,” “will,” “plan,” “expect,” “anticipate,” “believe,” “estimate,” “project,” “intend” or other similar expressions and include the Company’s fiscal 2016 guidance, involve important risks and uncertainties that could significantly affect results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Company.   Factors that could cause such differences include, but are not limited to: risks related to retail businesses generally; a significant and prolonged deterioration of general economic conditions which could negatively impact the Company in a number of ways, including the potential write-down of the current valuation of intangible assets and deferred taxes; risks related to the Company’s proprietary credit card program; potential increases in pension obligations; consumer spending patterns, debt levels, and the availability and cost of consumer credit; additional competition from existing and new competitors or changes in the competitive environment; inflation; deflation; changes in the costs of fuel and other energy and transportation costs; weather conditions that could negatively impact sales; uncertainties associated with expanding or remodeling existing stores; the ability to attract and retain qualified management; the dependence upon relationships with vendors and their factors; a data security breach or system failure; the ability to reduce or control SG&A expenses, including initiatives to reduce expenses and improve efficiency; operational disruptions; unsuccessful marketing initiatives; the ability to expand our capacity and improve efficiency through our new eCommerce fulfillment center; changes in, or the failure to successfully implement, our key strategies, including initiatives to improve our merchandising, marketing and operations; adverse outcomes in litigation; the incurrence of unplanned capital expenditures; the ability to obtain financing for working capital, capital expenditures and general corporate purposes; the impact of regulatory requirements including the Health Care Reform Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act; the inability or limitations on the Company’s ability to favorably adjust the valuation allowance on deferred tax assets; and the financial condition of mall operators.  Additional factors that could cause the Company’s actual results to differ from those contained in these forward-looking statements are discussed in greater detail under Item 1A of the Company’s Form 10-K filed with the Securities and Exchange Commission.

CONTACT:
Investor Relations:

Wendy Wilson
414-347-5153
Wendy.Wilson@bonton.com

Source: The Bon-Ton Stores, Inc./globenewswire

The Bon-Ton Stores, Inc. elects Philmer H. Rohrbaugh to its Board of Directors

YORK, Pa., 2016-Nov-03 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) today (November 1, 2016) announced its Board of Directors has unanimously elected Philmer H. Rohrbaugh to its Board, effective November 1, 2016.

Mr. Rohrbaugh, age 64, has been the Senior Executive Vice President and Chief Operating Officer of Fulton Financial Corporation since June 2016, having served as the Senior Executive Vice President and Chief Risk Officer from November 2012 to June 2016.  He was a managing partner of KPMG, LLP’s Chicago office from 2009 to 2012, Vice Chairman Industries and part of the U.S. Management Committee of KPMG from 2006 to 2009 and joined KPMG in 2002.  He has more than 35 years of experience in various management positions.

Mr. Rohrbaugh has been a member of the board of director of Burnham Holdings, Inc., a publicly traded holding company with operating subsidiaries in the HVAC industry, since October 2012.

“We’re delighted to welcome Phil and look forward to his guidance and counsel.  Phil will add to our board’s expertise and working knowledge on matters related to finance and risk management,” said Tim Grumbacher, Chairman of the Board of Directors and Strategic Initiatives Officer.

The election of Mr. Rohrbaugh increases the size of The Bon-Ton Stores, Inc.’s board to 10 members.

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 nine furniture galleries and five clearance centers, in 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, 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.  For further information, please visit the investor relations section of the Company’s website at http://investors.bonton.com.

Cautionary Note Regarding Forward-Looking Statements

Certain information included in this press release contains statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, which may be identified by words such as “may,” “could,” “will,” “plan,” “expect,” “anticipate,” “estimate,” “project,” “intend” or other similar expressions and include the Company’s fiscal 2016 guidance, involve important risks and uncertainties that could significantly affect results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Company.  Factors that could cause such differences include, but are not limited to: risks related to retail businesses generally; a significant and prolonged deterioration of general economic conditions which could negatively impact the Company in a number of ways, including the potential write-down of the current valuation of intangible assets and deferred taxes; risks related to the Company’s proprietary credit card program; potential increases in pension obligations; consumer spending patterns, debt levels, and the availability and cost of consumer credit; additional competition from existing and new competitors or changes in the competitive environment; inflation; deflation; changes in the costs of fuel and other energy and transportation costs; weather conditions that could negatively impact sales; uncertainties associated with expanding or remodeling existing stores; the ability to attract and retain qualified management; the dependence upon relationships with vendors and their factors; a data security breach or system failure; the ability to reduce or control SG&A expenses, including initiatives to reduce expenses and improve efficiency; operational disruptions; unsuccessful marketing initiatives; the ability to expand our capacity and improve efficiency through our new eCommerce fulfillment center; changes in, or the failure to successfully implement, our key strategies, including initiatives to improve our merchandising, marketing and operations; adverse outcomes in litigation; the incurrence of unplanned capital expenditures; the ability to obtain financing for working capital, capital expenditures and general corporate purposes or to refinance existing indebtedness; the impact of regulatory requirements including the Health Care Reform Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act; the inability or limitations on the Company’s ability to favorably adjust the valuation allowance on deferred tax assets; and the financial condition of mall operators.  Additional factors that could cause the Company’s actual results to differ from those contained in these forward-looking statements are discussed in greater detail under Item 1A of the Company’s Form 10-K filed with the Securities and Exchange Commission.

CONTACT:

Investor Relations:
Wendy Wilson
414-347-5153
Wendy.Wilson@bonton.com

Source: The Bon-Ton Stores, Inc./globenewswire

The Bon-Ton Stores, Inc. to close its Elder-Beerman store in Towne Mall in Franklin, Ohio

MILWAUKEE, WI, 2016-Nov-03 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ: BONT), today (November 2, 2016) announced it will close its Elder-Beerman store in Towne Mall in Franklin, Ohio. The company will not renew the lease, which terminates January 31, 2017. The closing will impact approximately 65 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 Elder-Beerman over the years as well as our devoted store associates for their dedication and friendly customer service to this community.”

The affected associates in the Towne Mall Elder-Beerman location will be offered the opportunity to interview for available positions at stores in the area or receive career transition benefits, including severance, according to established practices and state employment service support.

Customers are invited to shop at the nearby Elder-Beerman locations at the Dayton Mall or Kettering Towne Center in Dayton, Ohio or The Mall at Fairfield Commons in Beavercreek, Ohio. Customers may also visit the company’s website at elder-beerman.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, ElderBeerman, 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.

MEDIA CONTACT:

Christine Hojnacki
414-347-5329
christine.hojnacki@bonton.com

Source: The Bon-Ton Stores, Inc.

The Bon-Ton Stores, Inc. to close its Hamden Bon-Ton store in Connecticut on January 2017

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.

MEDIA CONTACT:
Christine Hojnacki
414-347-5329
christine.hojnacki@bonton.com

Source: The Bon-Ton Stores, Inc./globenewswire

The Bon-Ton Stores, Inc. to close its Bergner’s store in Machesney Park Mall in Illinois

MILWAUKEE, WI, 2016-Oct-15 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ: BONT), today (October 11, 2016) announced it will close its Bergner’s store in Machesney Park Mall in Machesney Park, Illinois. The Company will not renew the lease, which terminates January 31, 2017. The closing will impact approximately 43 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 Bergner’s over the years as well as our devoted store associates for their dedication and friendly customer service to this community.”

The affected associates in the Machesney Park Bergner’s location will be offered the opportunity to interview for available positions at stores in the area 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 nearby store locations: Bergner’s at Cherryvale Mall, Rockford, Illinois; Elder-Beerman at Eclipse Center, Beloit, Wisconsin and Boston Store at Janesville Mall, Janesville, Wisconsin.

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, ElderBeerman, 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.

MEDIA CONTACT:
Christine Hojnacki
414-347-5329
christine.hojnacki@bonton.com

Source: The Bon-Ton Stores, Inc

The Bon-Ton Stores, Inc. enhances its omni-channel capabilities with company-wide launch of “Buy Online, Pick Up In-Store” service

MILWAUKEE, 2016-Sep-05 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT), which operates Bon-Ton, Boston Store, Bergner’s, Carson’s, Elder-Beerman, Herberger’s and Younkers stores, announced that is has launched a “Buy Online, Pick Up In-Store” service for its customers.  Shoppers on the company’s seven websites can now see in-store availability of all merchandise and select which items they wish to pick up in-store and which ones they wish to have shipped directly them.   Customers can then conveniently pick up selected items at their preferred store location, taking advantage of our dedicated service centers for no additional fee.  The service is available in all product categories, including apparel, shoes, accessories, cosmetics and soft and hard home goods.

To ensure exceptional service to customers, Bon-Ton tested the program for several months in its Milwaukee market before launching “Buy Online, Pick Up In-Store” company-wide.

“We continue to enhance our company’s omni-channel capabilities to better serve our customers,” said Kathryn Bufano, president and CEO for The Bon-Ton Stores, Inc. “Buy Online, Pick Up In-Store, will make shopping easier and more convenient for our customers.”

After placing an order, customers receive an email, or optional text, confirming the order is ready for pick-up.  With Bon-Ton’s four-hour processing standard, shoppers can enjoy the flexibility of placing an order in the morning and having it ready to pick-up over the lunch hour, after work or between errands. “Buy Online, Pick Up In-Store” furthers the company’s omni-channel strategy by offering customers another convenient shopping alternative.

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 four 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 store locations and information visit bonton.com. Join the conversation and be inspired by following Bon-Ton on Facebook, Twitter, Instagram, Pinterest and the fashion, beauty and lifestyle blog, #LoveStyle.

MEDIA CONTACT:
Christine Hojnacki
414-347-5329
christine.hojnacki@bonton.com

Source: The Bon-Ton Stores, Inc./GLOBE NEWSWIRE

The Bon-Ton Stores, Inc. announces Q2 FY2016 operating results ended July 30, 2016

YORK, Pa., 2016-Aug-22 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) today (August 18, 2016) reported operating results for its fiscal second quarter ended July 30, 2016, and reaffirmed its earnings guidance for the full year fiscal 2016.

Results for the Second Quarter Ended July 30, 2016

  • Comparable store sales decreased 2.0% as compared with the prior year period.
  • Net loss was $38.7 million, or $1.95 per diluted share, compared with net loss of $39.6 million, or $2.01 per diluted share, in the second quarter of fiscal 2015.
  • Adjusted EBITDA totaled $2.5 million, inclusive of $2.2 million of severance costs associated with the Company’s previously announced planned expense reductions and a $2.4 million consulting expense related to cost reduction initiatives. (Adjusted EBITDA is not a measure recognized under generally accepted accounting principles – see the financial table accompanying this release.) Excluding the financial impact of the severance costs and consulting expenses, Adjusted EBITDA would have been $7.1 million in the second quarter of fiscal 2016.In the second quarter of fiscal 2015, Adjusted EBITDA was $5.7 million, including a $0.7 million gain associated with an insurance settlement and $1.0 million of severance costs. Excluding the financial impacts of these items, Adjusted EBITDA would have been $6.0 million in the second quarter of fiscal 2015.

Kathryn Bufano, President and Chief Executive Officer, commented, “We made progress on a number of our strategic initiatives during the second quarter, although the soft mall traffic trends continued to negatively impact our business.  Importantly, we delivered sales gains in our key growth categories and brands, and drove accelerated double digit growth in our omnichannel business, with a triple digit increase on our mobile site.  In addition, we maintained careful inventory controls, as we reduced inventory by 6% with fewer markdowns.  We also continued to make progress on our cost savings plan.”

Ms. Bufano continued, “Looking ahead, we believe that the Fall assortment will be our best to date.  We also expect that our omnichannel business will continue to deliver strong performance. While we are cognizant that the operating environment remains difficult, we believe that we are well positioned for the back half of the year with a strong merchandising assortment, a compelling marketing program focused on new customer acquisition, and continued discipline in inventory management and cost controls.”

Second Quarter Review
Comparable store sales in the second quarter of fiscal 2016 decreased 2.0%.  Total sales in the period decreased 2.4% to $542.4 million, compared with $555.4 million in the second quarter of fiscal 2015.  Sales increases were achieved in Activewear, Big & Tall, Denim, Young Men’s, Young Contemporary Plus, Women’s Better Handbags, Hard Home and Furniture.

The Company achieved accelerated growth in omnichannel, which reflects sales via its website, mobile site, and its Buy Online Pick Up In-Store and Let Us Find It initiatives, as it continued to successfully leverage its West Jefferson facility and expanded store-fulfillment network.

Other income in the second quarter of fiscal 2016 was $16.3 million, an increase of $0.7 million over the comparable prior year period.  The increase was largely the result of higher revenues associated with the Company’s proprietary credit card operations.  Proprietary credit card sales, as a percentage of total sales, increased 390 basis points to 57.1% in the second quarter of fiscal 2016.

Gross profit decreased $6.5 million to $198.1 million in the second quarter of fiscal 2016, primarily as a result of decreased sales volume. The gross margin rate in the second quarter of fiscal 2016 was 36.5% of net sales as compared to 36.8% in the same quarter last year.

Selling, general and administrative (“SG&A”) expense in the second quarter of fiscal 2016 decreased $3.3 million, or 1.5%, to $211.9 million, compared to the second quarter of fiscal 2015. This was largely due to a benefit from a mid-single digit decline in non-customer facing store expenses, partially offset by higher medical claims, as well as severance costs and consulting expenses associated with the Company’s cost reduction initiatives. The SG&A expense rate in the second quarter of 2016 was 39.1% of net sales, an increase of 40 basis points over the prior year, primarily as a result of the decreased sales volume in the period. Excluding the severance and consulting costs in the second quarter of fiscal 2016, as well as the severance costs in the second quarter of fiscal 2015, SG&A expense in the second quarter of fiscal 2016 decreased $6.9 million from the comparable prior year period, and the SG&A expense rate leveraged 40 basis points, to 38.2%.

As of July 30, 2016 , the Company had approximately $225 million of borrowing capacity under its revolving credit facility and expects to decrease debt by approximately $40 million to $50 million by the end of the year.

Guidance
For fiscal 2016, loss per diluted share is expected to be in a range of $0.95 to $1.45. The Company continues to expect Adjusted EBITDA in a range of$130 million to $140 million.  (As used in this release, Adjusted EBITDA is not a measure recognized under GAAP – see the accompanying financial table which reconciles this non-GAAP measure to net loss.)

ABL Refinancing
As announced earlier this week, the Company successfully closed a new $150 million ABL Term Loan that replaces the existing $100 million A-1 Tranche of the Company’s credit facility and increases the total commitment under the facility to $880 million. The Company will use approximately $75 million of the net proceeds to reduce all amounts currently outstanding under the existing A-1 Tranche of its credit facility which matures in December 2018. The balance of the net proceeds will be used to enhance the Company’s liquidity and retire the remaining approximately $57 million of its Senior Notes due in July 2017.

Call Details
The Company’s quarterly conference call to discuss second quarter fiscal 2016 results will be broadcast live today at 10:00 a.m. Eastern time.  Investors and analysts interested in participating in the call are invited to dial (888) 208-1361 at 9:55 a.m. Eastern time and reference conference ID 7684146.  A taped replay of the conference call will be available within two hours of the conclusion of the call and will remain available through August 25, 2016.  The number to call for the taped replay is (877) 870-5176 and the replay PIN is 7684146.  The conference call will also be broadcast on the Company’s website at http://investors.bonton.com.  An online archive of the webcast will be available within two hours of the conclusion of the call.

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 nine furniture galleries and four clearance centers, in 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, 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.  For further information, please visit the investor relations section of the Company’s website at http://investors.bonton.com.

Cautionary Note Regarding Forward-Looking Statements
Certain information included in this press release contains statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, which may be identified by words such as “may,” “could,” “will,” “plan,” “expect,” “anticipate,” “believe,” “estimate,” “project,” “intend” or other similar expressions and include the Company’s fiscal 2016 guidance, involve important risks and uncertainties that could significantly affect results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Company. Factors that could cause such differences include, but are not limited to: risks related to retail businesses generally; a significant and prolonged deterioration of general economic conditions which could negatively impact the Company in a number of ways, including the potential write-down of the current valuation of intangible assets and deferred taxes; risks related to the Company’s proprietary credit card program; potential increases in pension obligations; consumer spending patterns, debt levels, and the availability and cost of consumer credit; additional competition from existing and new competitors or changes in the competitive environment; inflation; deflation; changes in the costs of fuel and other energy and transportation costs; weather conditions that could negatively impact sales; uncertainties associated with expanding or remodeling existing stores; the ability to attract and retain qualified management; the dependence upon relationships with vendors and their factors; a data security breach or system failure; the ability to reduce or control SG&A expenses, including initiatives to reduce expenses and improve efficiency; operational disruptions; unsuccessful marketing initiatives; the ability to expand our capacity and improve efficiency through our new eCommerce fulfillment center; changes in, or the failure to successfully implement, our key strategies, including initiatives to improve our merchandising, marketing and operations; adverse outcomes in litigation; the incurrence of unplanned capital expenditures; the ability to obtain financing for working capital, capital expenditures and general corporate purposes; the impact of regulatory requirements including the Health Care Reform Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act; the inability or limitations on the Company’s ability to favorably adjust the valuation allowance on deferred tax assets; and the financial condition of mall operators.  Additional factors that could cause the Company’s actual results to differ from those contained in these forward-looking statements are discussed in greater detail under Item 1A of the Company’s Form 10-K filed with the Securities and Exchange Commission.

CONTACT:
Investor Relations:
Wendy Wilson
414-347-5153
Wendy.Wilson@bonton.com

Source: The Bon-Ton Stores, Inc. /GLOBE NEWSWIRE

The Bon-Ton Stores, Inc. completes the closing of new $150 million ABL Term Loan

YORK, Pa, 2016-Aug-16 — /EPR Retail News/ — The Bon-Ton Stores, Inc. (NASDAQ:BONT) announced today (August 15, 2016) that it has successfully completed the closing of a new $150 million ABL Term Loan that matures in March 2021.

The new $150 million ABL Term Loan replaces the existing $100 million A-1 Tranche of the Company’s credit facility and increases the total commitment under the facility to $880 million. The ABL Term Loan was placed with institutional lenders and bears interest at a rate of LIBOR plus 950 basis points.  The Company will use approximately $75 million of the net proceeds to reduce all amounts currently outstanding under the existing A-1 tranche of its credit facility which matures in  December, 2018, and the balance of the net proceeds will be used to enhance the Company’s liquidity and retire the remaining $57 million of its Senior Notes due 2017.

In commenting on the transaction, Nancy Walsh, Bon-Ton’s Executive Vice President, Chief Financial Officer said, “We are pleased to announce this refinancing which enhances our borrowing capacity and extends our debt maturities.  We have successfully added liquidity which will facilitate the retirement of our 2017 Notes.  We appreciate the strong support of our existing bank group as well as the new institutional lenders in the ABL Term Loan.”

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 nine furniture galleries and four clearance centers, in 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, 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.  For further information, please visit the investor relations section of the Company’s website at http://investors.bonton.com.

Cautionary Note Regarding Forward-Looking Statements
Certain information included in this press release contains statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, which may be identified by words such as “may,” “could,” “will,” “plan,” “expect,” “anticipate,” “estimate,” “project,” “intend” or other similar expressions and include the Company’s fiscal 2016 guidance, involve important risks and uncertainties that could significantly affect results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Company.  Factors that could cause such differences include, but are not limited to: risks related to retail businesses generally; a significant and prolonged deterioration of general economic conditions which could negatively impact the Company in a number of ways, including the potential write-down of the current valuation of intangible assets and deferred taxes; risks related to the Company’s proprietary credit card program; potential increases in pension obligations; consumer spending patterns, debt levels, and the availability and cost of consumer credit; additional competition from existing and new competitors or changes in the competitive environment; inflation; deflation; changes in the costs of fuel and other energy and transportation costs; weather conditions that could negatively impact sales; uncertainties associated with expanding or remodeling existing stores; the ability to attract and retain qualified management; the dependence upon relationships with vendors and their factors; a data security breach or system failure; the ability to reduce or control SG&A expenses, including initiatives to reduce expenses and improve efficiency; operational disruptions; unsuccessful marketing initiatives; the ability to expand our capacity and improve efficiency through our new eCommerce fulfillment center; changes in, or the failure to successfully implement, our key strategies, including initiatives to improve our merchandising, marketing and operations; adverse outcomes in litigation; the incurrence of unplanned capital expenditures; the ability to obtain financing for working capital, capital expenditures and general corporate purposes or to refinance existing indebtedness; the impact of regulatory requirements including the Health Care Reform Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act; the inability or limitations on the Company’s ability to favorably adjust the valuation allowance on deferred tax assets; and the financial condition of mall operators.  Additional factors that could cause the Company’s actual results to differ from those contained in these forward-looking statements are discussed in greater detail under Item 1A of the Company’s Form 10-K filed with the Securities and Exchange Commission.

CONTACT:
Investor Relations:
Wendy Wilson
414-347-5153
Wendy.Wilson@bonton.com

Source: The Bon-Ton Stores, Inc.

More than 2 million pounds of merchandise donated during the Bon-Ton Goodwill Sale

  • Donations provide 303,000 hours of Goodwill training in local communities

MILWAUKEE, 2016-Apr-26 — /EPR Retail News/ — Goodwill Sale donors and shoppers at The Bon-Ton Stores, Inc. (NASDAQ:BONT) 267 stores, including Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers locations, donated clothing, shoes, accessories and other household textiles weighing 2.1 million pounds during the Bon-Ton Goodwill Sale March 9 through March 26, 2016. This season’s donations will be sold in Goodwill stores and will generate approximately 10 million dollars in revenue enabling Goodwill to provide 303,000 hours of Goodwill job training and support services throughout the communities where Bon-Ton and Goodwill operate.

Customers were encouraged to clean out their closets and bring donation items to their local Goodwill or Bon-Ton Stores location. In return, donors received coupons up to 25 percent off for every item donated. Customers could also donate five dollars to receive three coupons.

“Donations during the Bon-Ton Goodwill Sale help Goodwill provide critical job training services and support to citizens looking for employment,” said Kim Zimmer, chief marketing officer and senior vice president of global development of Goodwill Industries International. “Bon-Ton’s commitment to serving their communities has a positive impact on thousands of people, helping them find jobs and care for their families.”

The partnership with Bon-Ton Stores is Goodwill’s longest-running department store collaboration. For 22 consecutive years, the organizations have joined forces to give shoppers the opportunity to give back by donating during this biannual in-store event. In return, Bon-Ton provides special saving coupons to customers for each item donated.   Events like the Bon-Ton Goodwill Sale are vital to driving the donations and contributions that supportGoodwill’s work, which is based on the belief that the power of work can change lives, support family stability and improve communities.

“We are thrilled with the amount of donations we collected from our customers and associates during the Spring Bon-Ton Goodwill Sale,” said Kathryn Bufano, president and chief executive officer of The Bon-Ton Stores, Inc. “At Bon-Ton, we are committed to giving back in every community we serve and we are proud to have made such an impact by helping people find jobs through Goodwill services.”

To learn more about the Bon-Ton Goodwill Sale, visit www.goodwill.org/bonton or www.bonton.com/goodwill.

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 four clearance centers, in 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, 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 store locations and information visit www.bonton.com. Join the conversation and be inspired by following Bon-Ton on Facebook, Twitter, Instagram,Pinterest and the fashion, beauty and lifestyle blog, #LoveStyle.

About Goodwill Industries International
Goodwill Industries International is a network of 164 community-based organizations in the United States and Canada with a presence in 13 other countries. Goodwill is one of America’s top 20 most inspiring companies (Forbes, 2014). Goodwill organizations are innovative and sustainable social enterprises that fund job training programs, employment placement services and other community-based programs by selling donated clothing and household items in more than 3,100 stores and online at shopgoodwill.com®. Local Goodwill organizations also build revenue and create jobs by contracting with businesses and government to provide a wide range of commercial services, including packaging and assembly, food services preparation, and document imaging and shredding. Last year, Goodwill placed 312,000 people in employment in the United States and Canada. In addition, more than 35 million people used computers and mobile devices to access Goodwill education, training, mentoring and online learning services to strengthen their skills. To learn more, visit goodwill.org.

To find a Goodwill location near you, use the online locator at Goodwill.org, use the Goodwill Locator app at goodwill.org/apps or call (800) GOODWILL. Follow us on Twitter: @GoodwillIntl and @GoodwillCapHill, and find us on Facebook: GoodwillIntl.

CONTACTS:

Christine Hojnacki, Vice President Public Relations
414.347.5329, cell 262.378.9354
Christine.Hojnacki@bonton.com

Charlene Sarmiento
Goodwill Industries International, PR Program Manager
(240) 333-5590
Charlene.Sarmiento@goodwill.org

Source: The Bon-Ton Stores, Inc.

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