Boston Store could close its Wisconsin stores, including the ones in Madison and Janesville if an agreement to purchase the company isn't finalized.
Stores are to be closed by August 31 at the latest, according to court documents, which also stated coupons are no longer accepted. Bon-Ton now has 250 stores, 38 of which are already in liquidation from a previously announced store closure process. If the stores close, it would impact almost 300 local workers.
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The going out of business sale at the Carson's store in the Cross County Mall is scheduled to start on Friday, April 20.
The stores' websites will continue serving customers through the closures as well.
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We expect the liquidation process in all Bon-Ton stores to begin shortly. "We are incredibly grateful to all of our associates for their dedicated service to Bon-Ton and to our millions of loyal customers who we have had the pleasure to serve as their hometown store for more than 160 years".
The Younkers stores at the Lansing, Meridian and Jackson's Westwood Malls will be closed by the end of summer after a bankruptcy court approved the sale of parent company Bon-Ton to a liquidation group. Now the rest of its 212 stores will also be liquidated.
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Shares in rival suppliers gained again, including China Hongqiao Group Ltd., which added as much as 3.4 percent in Hong Kong. Meanwhile the first quarter report showed aluminium production was five per cent lower than the same period a year ago .
The company operated 250 stores in 23 states including several Younkers department stores in Iowa and Herberger's in Ottumwa.