Bon Ton Stores File For Bankruptcy Protection
Bon-Ton Stores the owner of Boston Store, Carson’s, Younkers, Herberger’s, and Elder-Beerman stores has filed for Chapter 11 bankruptcy protection. It operates 260 stores in 24 states including Wisconsin. Bon-Ton officials are in talks with debt holders about restructuring its $1 billion in debt. Last week Bon-Ton announced it was closing 42 stores including nine in Wisconsin over the next few months. The Younkers Store in the Forest Mall in Fond du Lac is one of the stores that will be closing.