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Boston Store at mall avoids closure list

Boston Store at mall avoids closure list

The closures are the next step in efforts by Bon-Ton Stores to move forward with a more productive store footprint, Bill Tracy, president and chief executive officer, said in a news release.

The company plans to close six other stores in IL, including Carson's outlets in Aurora, Chicago, Danville, DeKalb, Morton Grove and Schaumburg.

The company said it expects to also close five more stores in the US this year.

The turnaround plan states there is "a clear opportunity to enhance Bon-Ton's performance" over the next two years.

Bon-Ton previously announced the closings of five additional locations as well.

Currently, the building is owned by a private investor from California, who owns several other Bon-Ton locations throughout the country.

"Including other recently announced store closures, we expect to close a total of 47 stores in early 2018", said Tracy. Sales will run 10 to 12 weeks.

Workers at stores listed for closing will be offered jobs at other locations.

"If we can get something down in this end of the mall that's a high-touch, this will take off". The closing stores include the company's Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's and Younkers nameplates. Those stores will remain open. "I guess now I'll have to go to Champaign".

"I feel sad for the employees at the store and its loyal customers who have feared this for some time", she said. In addition to the stores closures, there are more than 20 stores that are on the company's watch list that are being actively monitored for signs of further deterioration, the company said.

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