Bon-Ton Liquidation Begins
Saturday, April 21st, 2018 -- 7:24 AM
(AP) -Liquidation sales are beginning at Bon-Ton department stores.The going-out-of-business sales begin Friday at Boston Store, Younkers, Elder-Beerman, Herberger’s and other Bon-Ton stores. The sales are expected to last 10 to 12 weeks. Just two days ago a judge signed off on the auction which gave a group of liquidators and creditors the bankrupt Bon-Ton for nearly $800 million.
The liquidation involves 212 stores and furniture galleries. The closure of Bon-Ton stores affects about 20,000 employees nationally. Court documents say all stores are to be closed no later than Aug. 31.**
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