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Re: Daniel Son post# 1203

Tuesday, 09/11/2018 5:02:12 PM

Tuesday, September 11, 2018 5:02:12 PM

Post# of 1360
A Delaware bankruptcy judge has approved the sale of the Younkers name and customer information, including email addresses, to an Indiana-based company that plans to relaunch Younkers as an online retailer.

CSC Generation Holdings purchased the intellectual property assets from bankrupt Bon-Ton stores for $900,000, according to federal court documents.

Aside from Younkers, the Bon-Ton sale included customer information from Herbergers, Boston Store, Bergners, Carsons and Elder Beerman.

CSC, which could not be reached for comment Tuesday, previously said it plans sell most of its merchandise online, although it plans to reopen brick-and-mortar stores in Colorado, Illinois, Indiana, Wisconsin and Pennsylvania.

Younkers at Merle Hay Mall. (Photo: Patt Johnson/The Register)

Details of when the company plans to relaunch the websites and what merchandise will be offered has yet to be released. Company officials said the website would be revamped to be more relevant.

Younkers stores closed Aug. 29 after parent company The Bon-Ton Stores Inc. filed for bankruptcy and was sold to a liquidation company. Days later, the defunct department store's website posted a notice claiming a comeback could be in the works.



https://www.desmoinesregister.com/story/money/business/2018/09/11/younkers-customer-information-sold-store-relaunch/1267032002/



CSC IS THE NEW COMPANY!



Anything said by me is strictly my opinion and is subject to change without notice. I am not a financial planner or advisor.