Max S. Grumbucher, when he served as CEO of Bon-Ton in the 1980s and 1990s, had a rule about operating the department store chain his ancestors founded nearly a century earlier: Carry no debt.

When the department store retailer filed for Chapter 11 early in February, Bon-Ton had no specific plan of exit outlined or agreed on with its lenders. Now, as it winds through the process, the ...

As of now, Bon-Ton estimates that it will end fiscal 2017 with adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $100 million. That would be down from $116 million a ...

Bon-Ton Stores files for Chapter 11 bankruptcy protection. The retailer will explore strategic alternatives, which include a sale of the company. Bon-Ton is in the midst of closing more than 40 stores ...

The future of Bon-Ton Stores looks tenuous after the department store chain that survived economic downturns including the Great Depression filed for bankruptcy protection and said it may seek a buyer ...

Struggling department store operator Bon-Ton Stores (NASDAQ: BONT) filed for bankruptcy last month, after a desperate attempt to organize a voluntary debt restructuring failed. Since then, management ...