|SEC is again terminating registrations, including some old||1manband||07/17/19 11:50 PM|
|The Chapter 11 case has been closed as||1manband||05/19/19 7:40 PM|
|Volume is just about gone. Won't be long||1manband||04/24/19 10:31 PM|
|Bon-Ton bounced like a ping-pong ball all March.||TCaine||04/03/19 7:51 PM|
|Bankruptcy case isn't complete until the sharks eat?||TCaine||03/11/19 10:38 PM|
|FINRA cannot cancel the ticker until the bankruptcy||1manband||02/25/19 11:41 PM|
|Hitting .005’s. It’s buh bye BonTon Q soon.||TCaine||02/25/19 7:52 PM|
|Late Jan BONTQ traders waiting to cash out.||TCaine||02/04/19 12:08 PM|
|Longs making an upward push, then the sell.||TCaine||01/15/19 8:54 AM|
|The final 10 Fee-owned Bon-Ton locations go up||1manband||01/07/19 4:04 PM|
|Yup. On the FINRA ticket delete list soon.||TCaine||01/07/19 4:00 PM|
|The end is near. The cancellation of the||1manband||12/26/18 11:19 PM|
|Lingering BONTQ death after a Sept. price spike.||TCaine||12/23/18 2:58 PM|
|Badda bing badda boom! BONTQ keeps tumbling down.||TCaine||12/11/18 1:33 AM|
|We may see an attempt at roping in||surfkast||11/21/18 7:07 AM|
|It looks like the story is winding down.||1manband||11/21/18 12:16 AM|
|Bon-Ton is in the BK P&D zone now.||TCaine||11/10/18 2:03 PM|
|Even if Bon Ton were to receive anything||surfkast||10/31/18 5:45 PM|
|Bon-Ton being sued for Fixing TV Ad Rates||TCaine||10/31/18 8:50 AM|
|Agreed, comical and classic. Always happens with Qs.||TCaine||10/15/18 5:50 AM|
|Show us where Bon Ton (BONTQ) has money||jet101||10/02/18 8:35 PM|
|Comical manipulation?||surfkast||10/01/18 6:35 PM|
|Because the Stock market makes no sense. Newbies||Harbor6460||10/01/18 5:43 PM|
|.....I sure had a few of them there||ROCKY LEDGE||09/21/18 11:58 AM|
|Yes, just trade them.||Garyst||09/21/18 11:57 AM|
|Been day trading this with another q. Missed||ROCKY LEDGE||09/21/18 11:49 AM|
|BON-TON CREEPING UP HE HE SLEEPING FRIDAY !!!!!!!!||lutmers||09/21/18 11:16 AM|
|Bon-Ton has no money, and they are not||1manband||09/20/18 1:53 PM|
|Bon Ton has money, and will reopen their||billy spec||09/20/18 1:46 PM|
|How does anyone plan to sell there shares?||Harbor6460||09/20/18 11:46 AM|
|BONTQ is not reopening anything. That is the||1manband||09/20/18 11:00 AM|
|NEWS 8000.com 20 sept.BON-TON MAY REOPEN STORES IN||lutmers||09/20/18 10:56 AM|
|I am seeing novices losing their money.||surfkast||09/19/18 1:57 PM|
|I'm seeing 07 -14%||Garyst||09/19/18 1:54 PM|
|I'm seeing .0605 -26%||Garyst||09/19/18 1:49 PM|
|If you wish.||Garyst||09/19/18 1:49 PM|
|Front Loaders getting out on the backs of believers.||surfkast||09/19/18 11:24 AM|
|I should buy???||Harbor6460||09/18/18 11:47 PM|
|Please listen||Harbor6460||09/18/18 11:42 PM|
|Everyday I watch this stock I get Sick.||Harbor6460||09/18/18 11:41 PM|
|Great day again! This may hit the recent||Garyst||09/18/18 8:07 PM|
|BONTQ is worthless. The shares WILL be cancelled.||1manband||09/18/18 5:41 PM|
|Apparently no one believes that. Because this was||Jasymoney1||09/18/18 5:38 PM|
|NHOD .08 GOOD DAYS AHEAD $$$$$$$$$||lutmers||09/18/18 3:14 PM|
|Hmmm, decently Green again. Nice day||Garyst||09/18/18 3:03 PM|
|Extremely risky trading an empty shell ticker that||surfkast||09/18/18 10:26 AM|
|Could see a pop to that level again.||Garyst||09/18/18 10:17 AM|
|Bon Ton is now owned by a||surfkast||09/18/18 10:12 AM|
|WE ARE SPRINTING AS FAST AS WE CAN||lutmers||09/18/18 10:03 AM|
|THEY WORKING HARD NEW WEBSITE, NEW STORES BIG||lutmers||09/18/18 9:45 AM|
Authorized Shares of BONTQ: 40,000,000 09/19/2017 and Outstanding Shares of BONTQ: 17,857,465 09/19/2017
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Information on the Bon-Ton Stores, Inc. - below - Source: https://en.wikipedia.org/wiki/The_Bon-Ton
Founded in 1898, The Bon-Ton Stores Inc. is a publicly-held American department store chain corporation which is headquartered in York, Pennsylvania, and Milwaukee, Wisconsin. The Bon-Ton Stores, Inc. had 267 stores, which included 9 furniture galleries and 4 clearance centers, in 26 states. Other brand names operated by The Bon-Ton were Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's, and Younkers.
Bon-Ton announced on April 17, 2018 that, after 120 years of retail service, they would be closing doors and begin liquidating all 267 stores after two liquidators, Great American Group and Tiger Capital Group, won an auction bid for the company. The bid was estimated to be worth $775.5 million. Stores closed within 10 to 12 weeks, during which a liquidation sale was administered. The last store closed on August 29, 2018.
In October 2003, The Bon-Ton expanded its reach into Ohio and the lower Midwest with the acquisition of the 69-store Elder-Beerman store chain. Following an attempt to convert to a privately held company, Elder-Beerman was offered more cash for its outstanding stock as part of the buyout. The chain operated as a separate banner until the company’s demise in 2018.
On November 25, 2003, Bon-Ton reported a net loss in the third quarter of $1.7 million, or $0.11 per share, including an asset impairment charge of $0.10 per share.
The Bon-Ton Stores chain doubled in size in November 2005 with the $1.1 billion purchase of the 142 stores of Saks' Northern Department Store Group, headquartered in downtown Milwaukee, Wisconsin. Corporate headquarters remained in York, Pennsylvania, but merchandising headquarters were relocated to Milwaukee. As with the Elder-Beerman acquisition, no store names were changed in the transaction. The newly acquired store group included Carson Pirie Scott (now branded as Carson's), Bergner's, Boston Store, Herberger's, and Younkers.
In September 2006, The Bon-Ton purchased four former Parisian stores (plus one under construction) from Belk (which had just purchased the chain); the stores were located in Michigan, Indiana, and Ohio (outside Belk's traditional operating territory). The stores in Indiana and Ohio were immediately rebranded to Carson Pirie Scott and Elder-Beerman, respectively. The three Michigan stores maintained the Parisian name until 2013, when they were rebranded to Carson's.
The Bon-Ton's final years were marked with a string of financial losses and executive turnover.
From 2011 through 2017, the company did not post an annual profit. From 2011 through the company's bankruptcy, it had four CEOs[ and three CFOs. In December 2013, Mike Nemoir, senior vice-president, announced he would retire after four decades in the fashion industry at Bon-Ton and its predecessor companies on March 28, 2014. In May 2017, Tim Grumbacher retired after 50 years on the board of directors, and more than 25 as its chairman. He had also been Bon-Ton's CEO from 1985 to 1995 and held other senior management positions. Grumbacher's wife and fellow board member, Debra Simon, was elected to succeed him.
In fall 2016, Bon-Ton launched in-store and online "Close to Home" shops in 45 of its stores, selling locally sourced and locally themed products. In February 2017, the chain announced that it would expand these shops to at least 100 stores in 25 states and would partner with local designers, artisans and entrepreneurs in each market interested in selling their products in these shops.
The company's financial situation worsened rapidly in 2017, with same-store sales falling over 6% in both the second and third quarters. On May 5, 2017, Bon-Ton Stores was informed its common stock was no longer in compliance with NASDAQ listing requirements, and the stock was de-listed from the exchange on December 6. In November 2017, the company announced a store closure program, stating 40 to 45 stores would close after the holiday season.
During the first quarter of 2018, The Bon-Ton announced it would be closing 42 stores in 14 states, in addition to five stores previously announced. However, it wasn't enough to save the company from its large debt.
On December 18, 2017, Bon-Ton Stores revealed it had failed to pay $14 million in interest that had been due December 15. The company entered into a grace period with its lenders. Analysis from Standard and Poors downgraded the company into selective default, and predicted a bankruptcy or out-of-court restructuring at the conclusion of the grace period.
In February 2018, The Bon-Ton Stores Inc. filed for Chapter 11 bankruptcy protection. The company had not made an annual profit since 2010.
On April 9, 2018, it was announced that Washington Prime Group and Namdar Realty Group would bid to save Bon-Ton from bankruptcy. On April 17, 2018, however, the plans fell through because the court ruled the company would not be able to pay a $500,000 "work fee".
On April 17, 2018, The Bon-Ton announced it would liquidate all 267 stores after The Great American Group LLC and Tiger Capitol Group LLC bid $775.5 million for the retailer and converting its Chapter 11 bankruptcy to Chapter 7. They acquired the inventory and other assets of the company and sold it all off. On August 30, Great America Group said all Pennsylvania locations were officially closed, and buildings would be vacated by the next day.
On September 1, 2018, it was reported that The Bon-Ton Stores, Inc-owned retail websites were updated with "Stay Tuned" messages and their respective brands were coming back. In early September 2018, it was also reported that CSC Generation Holdings agreed to be $900,000 for The Bon-Ton Stores's brand names, websites, social media accounts, and retail customer names, mailing addresses, and email addresses. Also, the cosmetics giant L'Oreal USA agreed to pay $313,000 to gain access to the names and addresses of The Bon-Ton Stores's beauty-product retail customers.