Younkers in Holland to close

Virginia Carson
April 21, 2018

The liquidation sales are expected to run about 10 to 12 weeks and all the stores are expected to be shuttered no later than August 31, according to court papers.

The company's 260 stores, e-commerce and mobile platforms under the Bon-Town, Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's and Younkers nameplates will remain open throughout closing sales, a Bon-Ton Stores press release states.

The chain has 250 stores, but 38 already were in liquidation sales due to earlier announced closings. The Great American-Tiger Capital Group will liquidate the company.

Claire's, JCPenney, Vanity, and RUE21 are all stores that the Butte Plaza Mall has lost over the years.

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A bankruptcy court judge approved the liquidation April 18.

Over the next weeks and months - many shoppers plan to take advantage of Bon-Ton's close-out prices.

The Boston Store is the last major department store standing in the Grand Avenue Mall.

And recently, mall officials said a retailer submitted a letter of intent and was considering moving into the former Target space.

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Their parent company, Bon -Ton Stores, Inc., is closing all of its stores nationwide.

It's unclear how many of Bon-Ton's more than 20,000 employees would be eligible for such a payment.

Lawyers for Bon-Ton did not respond to messages from CNNMoney. "We're sorry that they lost their jobs, but even sorrier that we can't use our coupons anymore", Beno said. Bon-Ton was not profitable since 2010 and it was increasing becoming hard for the management to run the company.

Younkers also announced Thursday that its YOUR REWARDS credit card program would be discontinued immediately. Other box stores have also shuttered or downsized across Missoula in recent years, including Staples, Kmart, Hastings and Sports Authority. Those stores are now in liquidation and will close within the next month.

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However, the company said some stores will be open longer and some shorter, as dictated by the sales and inventory levels.

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