Wednesday, October 26, 2011

Elder-Beerman in Hamilton closing - The Business Journal of Milwaukee:

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The downtown department store, on High Street, is one of Hamilton’a longtime retail venues. The closing of the 167,900-square-foot store will eliminate about75 Bon-Ton said in a news release. “The company continually reviews the performanc e ofits assets, and following a review of the Hamiltohn location, we made the decision to clos the store,” said Bud Bergen, president and CEO of York, Pa.-basedf Bon-Ton. Employees will be able to appl for open positionsat Elder-Beerman’s Middletown and Daytonn stores, or will receive severance packages, the retailer said. The Elder-Beermah chain, originally based in was acquiredby Bon-Ton (NASDAQ: in 2003.
Bon-Ton operates 281 stores in 23 states underthe Bon-Ton, Bergner’s, Boston Store, Carson Pirie Scott, Herberger’s and Younkers nameplates, and Parisia stores in the Detroit area.

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