Parent company of Alliance store files for bankruptcy
A department store in Alliance, Ohio remains opens for business even though its parent company has filed in bankruptcy court in order to reorganize.
ALLIANCE, Ohio - A department store in Alliance, Ohio remains opens for business even though its parent company has filed in bankruptcy court in order to reorganize.
Bon-Ton Stores Incorporated filed petitions for a court-supervised financial restructuring under Chapter 11.
In addition to the Bon-Ton name, the company also runs stores under the names of Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's and Younkers.
The company announced earlier that it is closing 47 stores this year.
The Elder-Beerman store in the Carnation City Mall in Alliance was not on the list.
The company says stores not on the list remain open for business.
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