Bon-Ton Is The Next Retailer To File For Bankruptcy
PYMNTS
FEBRUARY 5, 2018
Before the announcement, Bon-Ton announced it would shutter 40 out of its 260 brick-and-mortar stores across its various brands. To keep its operations going, the retailer said it had lined up $725 million in debtor-in-possession financing as its case makes its way through bankruptcy court.
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