The Bon-Ton May Be Next Oakdale Mall Store to Close
Another anchor store at the Oakdale Mall in Johnson City may be vanishing soon.
Reuters is reporting The Bon-Ton Stores may be going out of business after only liquidators showed an interest in the company at a court-supervised auction. The company filed for bankruptcy in February.
The Bon-Ton store remains one of the largest retailers operating at the Oakdale Mall. Last year, Macy's and Sears shut down their operations at the shopping center.
The Bon-Ton's parent company, which has corporate offices in Pennsylvania and Wisconsin, operates more than 250 stores under several nameplates.
It's unclear how soon the Bon-Ton stores could close. Once a winning bidder is selected in the auction, the proposed deal would have to be approved by a federal bankruptcy court in Delaware.
Contact WNBF News reporter Bob Joseph: firstname.lastname@example.org
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