Bon-Ton announced the closing of 42 locations as part of its previously announced restructing, including the anchor store at the Susquehanna Valley Mall.
The Selinsgrove mall store is one of eight in Pennsylvania that will close, including stores in State College and Johnstown.
According to a press release, Bon-Ton has partnered with a third-party liquidator, Hilco Merchant Resources, to help manage the store closing sales. The store closing sales are scheduled to begin on Feb. 1, 2018 and run for approximately 10 to 12 weeks.
Bon-Ton Stores closing in Pennsylvania
|The Point at Carlisle Plaza||Carlisle|
|The Johnstown Galleria||Johnstown|
|Susquehanna Valley Mall||Selinsgrove|
|Nittany Mall||State College|
“As part of the comprehensive turnaround plan we announced in November, we are taking the next steps in our efforts to move forward with a more productive store footprint,” said Bill Tracy, president and chief executive officer for The Bon-Ton Stores. “Including other recently announced store closures, we expect to close a total of 47 stores in early 2018. We remain focused on executing our key initiatives to drive improved performance in an effort to strengthen our capital structure to support the business going forward.”
Associates at these locations will be offered the opportunity to interview for available positions at other store locations.
The closing locations announced today are in addition to five other recently announced store closures.