the bon ton stores news and archive

Keith Plowman retires as CFO of Bon-Ton Stores

Keith E. Plowman will retire as Executive Vice President and Chief Financial Officer of the Bon-Ton Stores in August 2015. The Board and Plowman have agreed upon a notice period of approximately six months to be followed by a consulting arrangement of 18-month duration. Commenting on his tenure at the company, Plowman stated, “The Company is...

Business|REPORT

The Bon-Ton Stores holiday sales up 3.8 percent

The Bon-Ton Stores has announced that its comparable store sales for the nine-week holiday period ended January 3, 2015 increased 5.3 percent. Total sales for the combined months of November and December were 796.4 million dollars, a 3.8 percent increase over sales of 767.4 million dollars in the prior year nine-week holiday period. Commenting...

Business

The Bon-Ton Stores comparable store sales down 0.8 percent

REPORT_ The Bon-Ton Stores reported operating results for the third quarter of fiscal 2014, the 13-week period ended November 1, 2014 with comparable store sales decreasing 0.8 percent compared with the prior year period. Adjusted EBITDA was 28.4 million dollars in the third quarter of fiscal 2014, compared with 38.4 million dollars in the third...

Design

The Bon-Ton Stores Q2 comparable stores sales up 1.6 percent

REPORT_ The Bon-Ton Stores said that its comparable store sales in the secondquarter of fiscal 2014 increased 1.6 percent compared with the prior year period. Adjusted EBITDA in the second quarter of fiscal 2014 was 5.1 million dollars, compared with 8.7 million dollars in the second quarter of fiscal 2013. Net loss in the second quarter was...

Design

The Bon-Ton Stores Q1 net sales decline 6.1 percent

REPORT_ The Bon-Ton Stores in its operating results for the firstquarter of fiscal 2014 ended May 3, 2014, also reaffirmed its earnings guidance for fiscal 2014. Total sales and comparable store sales decreased 6.1 percent and 5.8 percent, respectively, in the quarter. Adjusted EBITDA was 7.1 million dollars, compared with 15.2 million dollars...

Fashion

Bon-Ton comparable store sales down 4.2 percent in 2013

REPORT_ The Bon-Ton Stores reported operating results for the fourth quarter and fiscal 2013 ended February 1, 2014. For the year 2013, company’s comparable stores sales decreased 4.2 percent and gross margin rate increased to 36.2 percent, compared with 35.8 percent in the prior year. Comparable store sales in the fourth quarter decreased 7.3...