Bon-Ton Stores Inc

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Liquidators win bid to wind-down Bon-Ton Stores Michelle Russell | 18 Apr 18

US department store retailer Bon-Ton Stores is to begin a going-out-of-business sale at its 200 stores after two liquidators won a bid for the company at an auction this week.


Investor group signals intent to acquire Bon-Ton Stores Michelle Russell | 10 Apr 18

An investor group composed of DW Partners, Namdar Realty Group and Prime Group have signed a letter of intent to acquire US department store retailer The Bon-Ton Stores in a Bankruptcy Court-supervised sale process.


Bon-Ton in "active" discussions regarding sale Beth Wright | 3 Apr 18

US department store retailer The Bon-Ton Stores says it is in "active discussions with interested parties" regarding a going-concern bid to acquire the company in a Bankruptcy Court-supervised sale process.


US Q3 in brief – Deckers Brands, Boot Barn Holdings just-style | 6 Feb 18

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Deckers Brands exceeded expectations, while Boot Barn Holdings saw earnings nearly double. Destination Maternity, meanwhile, widened its losses.


US holiday sales in brief – The Children's Place, Nordstrom, Target Corp Beth Wright | 10 Jan 18

Holiday sales have seen a solid performance at many leading US apparel and footwear retailers, with Target, American Eagle Outfitters, JC Penney, Urban Outfitters and Kohl's among those who have benefited from increased consumer spending on the back of strong economic growth, low unemployment and rising home and equity prices.


US Q2 in brief – Finish Line, Zumiez, Tailored Brands, Vince Holding just-style | 22 Sep 17

In the most recent second-quarter filings from US apparel and footwear brands and retailers, PVH upped its full-year guidance based on strong second-quarter results, while Guess saw its results boosted by solid growth in both Europe and Asia. Oxford Industries, meanwhile, saw mixed results as earnings fell but sales edged up.


Bon-Ton tackles debt burden with $18.9m sale-leaseback deal Beth Wright | 15 Sep 17

US fashion retailer The Bon-Ton Stores has entered into an agreement for a US$18.9m sale-leaseback deal for one of its Minnesota stores in a bid to tackle its debt burden. 


Bon-Ton to entice customers with online solution Beth Wright | 14 Jul 17

In a bid to tackle the tough retail environment, US fashion retailer The Bon-Ton Stores has launched a new online fashion solution designed to make buying apparel, footwear and accessories quick and easy and – more importantly – entice customers back week after week.


US Q1 in brief – Cherokee, The Finish Line, J Crew Michelle Russell and Beth Wright | 10 Jul 17

In the most recent first-quarter filings from US apparel and footwear brands and retailers, G-III Apparel moved to a loss on acquisition charges, while Guess saw earnings fall on soft Americas sales. Kate Spade, meanwhile, saw earnings slump on the back of sales declines, while Hudson's Bay recorded comparable store declines on the back of lower domestic store traffic across all banners. 


US Q4 in brief – Cherokee, Vince Holding, Destination Maternity Michelle Russell and Beth Wright | 15 May 17

In the most recent fourth-quarter filings from US apparel and footwear brands and retailers, Destination XL moved to a profit but booked lower sales, while Caleres moved to a loss in the quarter. VF Corporation, meanwhile, revealed a fall in both sales and earnings for the quarter, while Stein Mart moved to a loss as a result of "aggressive" promotions. 


Bon-Ton Stores appoints Tracy CEO in management reshuffle Michelle Russell | 10 May 17

US fashion retailer The Bon-Ton Stores has promoted William Tracy to the role of chief executive officer following the resignation of Kathryn Bufano.


Bon-Ton Stores names Norm Veit CIO Beth Wright | 3 May 17

US department store retailer The Bon-Ton Stores has named former Nine West Holdings executive, Norm Veit, as executive vice president, chief information officer.


US Q3 in brief – The Finish Line, Destination Maternity, Cherokee, Sears Michelle Russell and Beth Wright | 9 Dec 16

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Sears Holdings remained optimistic despite widening its net losses, while Vince Holding blamed challenging conditions and warm weather for a fall in both earnings and sales. Abercrombie & Fitch, meanwhile, revealed a "disastrous" quarter as sales fell and earnings plummeted 80%, while American Eagle Outfitters booked record sales and its 9th consecutive quarter of profit improvement.


US Q2 in brief - The Finish Line, Cherokee, Zumiez, Vince Holding, Tailored Brands Michelle Russell and Beth Wright | 9 Sep 16

In the most recent second-quarter filings from US apparel and footwear brands and retailers, Tailored Brands showed improvement on Q1 but saw earnings slide, while DSW booked mixed results. Abercrombie & Fitch widened its net losses but remained optimistic, while Destination Maternity revealed improved losses. Express, meanwhile, delivered what it described as a "disappointing" second-quarter, below management expectations, and Macy's saw a "distinct" improvement in its sales and earnings trends for the quarter. 


US Q4 in brief: Cherokee Global Brands, Perry Ellis, Destination Maternity Michelle Russell | 15 Apr 16

In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity and Perry Ellis saw their losses narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Cherokee Global Brands posted a mixed performance. 


US Q4 in brief: Cherokee Global Brands, Perry Ellis, Destination Maternity Michelle Russell | 15 Apr 16

In the most recent fourth-quarter filings from US apparel brands and retailers, Destination Maternity and Perry Ellis saw their losses narrow, while New York & Co moved to a net profit. However, Iconix Brand Group cut its outlook after swinging to a loss, Finish Line saw its net profit plummet 90%, and Cherokee Global Brands posted a mixed performance. 


US holiday retail roundup Katie Smith | 14 Jan 16

With the holiday season done and dusted, US apparel and footwear retailers are now counting the cost. In the most recent results, New York & Co has narrowed its fourth-quarter outlook despite posting an increase in comparable store sales, while Express has lifted its guidance. Shoe Carnival, Genesco and American Eagle Outfitters all booked increases. However, Bon-Ton Stores and Ascena Retail Group posted declines. 


US Q2 in brief: Finish Line, Zumiez, Cherokee, Gymboree Michelle Russell and Beth Wright | 25 Sep 15

Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black. 


US Q2 in brief: Finish Line, Zumiez, Cherokee, Gymboree Michelle Russell and Beth Wright | 25 Sep 15

Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black. 


US Q1 in brief: Finish Line, Cherokee, Destination Maternity Michelle Russell and Katie Smith | 26 Jun 15

First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off to a "solid start" with double-digit profit growth, and Cherokee was pleased with a "strong" quarter, despite some headwinds. Elsewhere, Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings.


Bon-Ton Stores records mixed Q4 Michelle Russell | 13 Mar 15

US department store retailer The Bon-Ton Stores has booked mixed results in its fourth-quarter as sales and earnings grew but gross margin narrowed on increased promotional activity.


Bon-Ton lowers outlook and says CFO to retire Katie Smith | 21 Jan 15

US department store retailer The Bon-Ton Stores has lowered its full-year earnings guidance and announced the retirement of chief financial officer Keith Plowman.


Bon-Ton lowers outlook and says CFO to retire Katie Smith | 21 Jan 15

US department store retailer The Bon-Ton Stores has lowered its full-year earnings guidance and announced the retirement of chief financial officer Keith Plowman.


2014: Year in review - Retail winners and losers Lee Adendorff | 17 Dec 14

International expansion, strong online performance and ethical commitments helped lift some retailers during 2014, but merchandise misses, the closure of underperforming stores, and a profit overstatement weighed on others.


Bon-Ton Stores lowers outlook as loss widens Michelle Russell | 20 Nov 14

US department store retailer The Bon-Ton Stores has lowered its full-year outlook as it posted a wider net loss in its third-quarter.


Bon-Ton Stores lowers outlook as loss widens Michelle Russell | 20 Nov 14

US department store retailer The Bon-Ton Stores has lowered its full-year outlook as it posted a wider net loss in its third-quarter.


ANALYSIS: Factoring - a lifeline for apparel suppliers? Michelle Russell | 15 Oct 14

The role played by factoring in the apparel supply chain came under the spotlight last week with reports suggesting that factoring companies have scaled back on coverage to vendors supplying department store retailer Sears Holdings. However, the transaction offers a lifeline to many apparel makers, and is seeing a resurgence as a major source of capital for the industry.


US: Bon-Ton Stores narrows Q2 loss Michelle Russell | 21 Aug 14

US department store retailer The Bon-Ton Stores has narrowed its net loss slightly in the second quarter.


US: Bon-Ton Stores narrows Q2 loss Michelle Russell | 21 Aug 14

US department store retailer The Bon-Ton Stores has narrowed its net loss slightly in the second quarter.


US: Bon-Ton appoints Bufano to CEO role Michelle Russell | 1 Aug 14

US department store retailer The Bon-Ton Stores has appointed former Belk chief merchandising officer, Kathryn Bufano, as its CEO.

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