the bon ton stores news and archive

Bon-Ton Stores appoints William Tracy as COO

The Bon-Ton Stores has appointed William Tracy to the position of Chief Operating Officer, effective July 27, 2015. Tracy will shoulder responsibility for stores, information systems, supply chain, distribution & logistics, omni-channel strategy, real estate and human resources. Commenting on the new appointment, Kathryn Bufano, President and...

Business |REPORT

Bon-Ton Q1 loss widens, reaffirms earnings guidance

The Bon-Ton Stores reported operating results for the first quarter of fiscal 2015, the 13-week period ended May 2, 2015, and reaffirmed its earnings guidance for full-year fiscal 2015. Comparable store sales increased 0.8 percent compared with the prior year period. Adjusted EBITDA was 4.1 million dollars in the quarter compared with 7.1...

People

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...