NEW YORK, NY - JANUARY 26: People shop along Broadway in Manhattan on January 26, 2018 in New York City. The Commerce Department said on Friday that the economy grew solidly for a third straight quarter late last year on strong consumer spending and business investment. The nation's gross domestic product increased at a seasonally adjusted annual rate of 2.6%. (Photo by Spencer Platt/Getty Images)
Debbie Lord, Cox Media Group National Content Desk
The company, parent company to such stores as Carson’s, Elder-Beerman, Boston Store and Younkers announced recently it would close 47 of its 260 department stores.
Bon-Ton operates stores in 24 states, mainly in the Northeast and Midwest.
"We are currently engaged in discussions with potential investors and our debt holders on a financial restructuring plan, and the actions we are taking are intended to give us additional time and financial flexibility," CEO Bill Tracy said in a prepared statement released Sunday.
Bon-Ton received a commitment of $725 million in debtor-in-possession financing to operate during its restructuring process. According to court filings, Bon-Ton says it will keep stores open by selling the entire company.
"The actions we are taking are intended to give us additional time and financial flexibility to evaluate options for our business," Bon-Ton CEO Bill Tracy said in a statement.
Bon-Ton joins many major retailers in reorganizing their businesses as they fight the rise of online shopping.
Following is the full list of the stores set for closure. The closures began on Feb. 1.
Herberger's, 4235 Yellowstone Ave, Chubbuck, Idaho Carson's Clearance Center, 970 North Lake Street, Aurora, Ill. Carson's, 120 South Riverside Plaza, Chicago Carson's, 2917 N. Vermillion, Danville, Ill. Carson's, 2550 Sycamore Rd., DeKalb, Ill. Carson's Clearance Center, 7234 Dempster St., Morton Grove, Ill. Bergner's, Peoria, Ill. (not specified) Carson's, 601 North Martingale Road, Schaumburg, Ill. Carson's, 2101 State Road 109, Anderson, Ind. Carson's, 2104 25th St., Columbus, Ind. Carson's, 3701 S. Main, Elkhart, Ind. Carson's, One W. Washington St. , Indianapolis Carson's, 1129 N. Baldwin, Marion, Ind. Younkers, 6301 University Avenue, Cedar Falls, Iowa Younkers, Cedar Rapids, Iowa (not specified) Elder-Beerman, 5105 Hinkleville Rd. #500, Paducah, Ky. Elder-Beerman, 1357 S. Main St., Adrian, Mich. Carson's, 1800 Pipestone Rd. Benton Harbor, Mich. Herberger's Clearance Center, 1717 Beam Ave, Maplewood, Minn. Bon-Ton, 270 Loudon Rd., Concord, N.H. Bon-Ton, 1200 Highway 22 E., Phillipsburg, N.J. Bon-Ton, 578 Aviation Rd., Queensbury, N.Y. Bon-Ton, 21073 Salmon Run Mall, Watertown, N.Y. Elder-Beerman, 1500 N. Clinton St. , Defiance, Ohio Bon-Ton, 750 E. High St., Carlisle, Pennsylvania Bon-Ton, 300 Commons Dr, Dubois, Pennsylvania Bon-Ton, 810 Mill Creek Mall Road, Erie, Pennsylvania Bon-Ton, 550 Galleria Dr. , Johnstown, Pennsylvania Bon-Ton, 3 Susquehanna Valley Mall, Selinsgrove, Pennsylvania Bon-Ton, 2901 E. College Ave, State College, Pennsylvania Bon-Ton, Rte. 611 & Bridge St., Stroudsburg, Pennsylvania Bon-Ton, 6900 Hamilton Blvd., Trexlertown, Pennsylvania Herberger's, 1300 N. Main Street Ste. 100, Logan, Utah Younkers, 4301 W. Wisconsin Avenue, Appleton, Wisconsin Boston Store, 1645 North Spring Street, Beaver Dam, Wisconsin Elder-Beerman, 100 Beloit Mall, Beloit, Wisconsin Younkers, 755 West Johnson Street, Fond Du Lac, Wisconsin Younkers, 700 E Magnolia Avenue, Manitowoc, Wisconsin Younkers, 2600 Roosevelt Road, Marinette, Wisconsin Boston Store Clearance Center, 5659 S 27th St, Milwaukee Younkers, 69 N 28th St. E, Superior, Wisconsin Younkers, 300 Forest Street, Wausau, Wisconsin Bon-Ton, Hagerstown, Md. Younkers, Marquette, Mich. Bon-Ton, Massena, N.Y. Bon-Ton, South Burlington, Vt. Elder-Beerman, Vienna, W.Va.