Bon-Ton
As the saying goes, all good things must come to an end, and Bon-Ton is about to see its 100 years of business coming to an end. From 2011 to 2017, the company struggled to pay off its debts and establish stability within its executive team. In 2018 Bon-Ton filed for Chapter 11 bankruptcy and began the liquidation process, as Bon-Ton had not made any profits since 2010. Though Bon-Ton was liquidating assets, behind the scenes, Bon-Ton was teasing consumers with a “Stay Tuned” message. Though they are still in the liquidation phase, who knows if this “Stay Tuned” message means anything.
Bon Ton
Claire’s
There isn’t a single girl in the US and Canada who does not know Claire’s. This was every young girl’s dream store that specialized in jewelry and accessories. It also offered an on-site ear-piercing service. Since its opening in 1961, the store would be a piece of many girls’ fondest memories; however, as of March 2018, the company filed for Chapter 11 bankruptcy. To help with the multi-billion-dollar debt, the company made plans to shut down 130 of its stores. It looks like girls will have to make memories somewhere else.
Claire’s Store Closing
