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Tag: department-store

Bon-Ton bankruptcy could reportedly be ‘imminent’

Bloomberg and Wall Street Journal report that the struggling department store chain could file for bankruptcy in the coming weeks after having missed a $14 million interest payment last month.

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Bon-Ton CFO leaves for Pier 1

The struggling discount department store chain has brought in a former Hudson's Bay CFO to manage its finances weeks after missing a multimillion dollar interest payment on its bonds. 






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Department stores’ deepest woes remain in spite of upbeat holiday sales

Wall Street has a hard time forgetting the underlying troubles that still plague the department store industry.






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Bon-Ton misses $14M interest payment, restructuring could follow

S&P analysts downgraded the department store retailer to default levels, writing that that a debt restructuring, either through bankruptcy or out of court, was “likely” in the near future. 






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40K sq. ft. food hall destined for The Dayton’s Project

A food hall helmed by James Beard award-winning TV chef Andrew Zimmern is on tap for The Dayton’s Project, the mixed-use makeover of the Dayton’s department store building in downtown Minneapolis.






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40K sq. ft. food hall destined for The Dayton’s Project

A food hall helmed by James Beard award-winning TV chef Andrew Zimmern is on tap for The Dayton’s Project, the mixed-use makeover of the Dayton’s department store building in downtown Minneapolis.






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Sears buys more time to pay a $400M loan

An agreement between the ailing department store retailer and its lenders will kick a loan due next year out to mid-2019, easing some of the financial pressure on the company. 






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Sears buys more time to pay a $400M loan

An agreement between the ailing department store retailer and its lenders will kick a loan due next year out to mid-2019, easing some of the financial pressure on the company. 






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J.C. Penney launches ‘Big and Tall’ subscription box

In collaboration with Bombfell, the discount department store is looking to pique interest in men's apparel with a cheaper Stitch Fix-like concept.






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J.C. Penney launches ‘Big and Tall’ subscription box

In collaboration with Bombfell, the discount department store is looking to pique interest in men's apparel with a cheaper Stitch Fix-like concept.






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