Bon-Ton
Bon-Ton might have been around for a hundred years, but all good things must come to an end. The online retailer and department store chain applied for bankruptcy last year. It was sold and liquidated but relaunched its e-commerce site last October 2018. It is planning to reopen a number of stores! USA Today said, “The reinvented Bon-Ton would be sleeker, more e-commerce focused business.” First opened in 1898, it was successful in small towns since there was no competition before Amazon arrived.
Bon-Ton
Tops Market
Tops Market cited a common reason in bankruptcy filing when it applied for protection: failure to cope with changing consumer interests. It failed to adapt to the rise of non-traditional sellers, competition, and declining food prices. Shoppers can still head on to Tops because there are still stores open in New York, Pennsylvania, and Vermont. The Buffalo News said that its creditors freed it from an $80 million annual interest that was due in 2017. We hope that this will make things easier for the company!
Tops
