Montana stores not among Bon-Ton’s recent closures

Print Article

In September last year, the Kalispell Herbergerís store was celebrating a grand opening. It had just finished a year-long remodel, doubling the storeís size from 40,000 to 80,000 square feet that was lauded as a complement to downtown Kalispellís ongoing revitalization.

The Flathead High School marching band played as the first 500 customers walked into the new space and received free gifts.

A short six months later, the future of the store has been thrust into uncertainty. Last week, Pennsylvania-based Bon-Ton Stores Inc., the parent company of Herbergerís, filed for Chapter 11 bankruptcy.

The bankruptcy filing is provoking questions from employees and consumers in communities across the United States about what might happen to their local department stores.

The company, like many department store chains in the U.S., had meek holiday sales at the end of 2017. It has been looking for ways to service its debt, which has neared $1 billion at times, for over a year.

Local Herbergerís Manager Gary Evans declined to speak on the record about potential impacts to the Kalispell store, but said he was leaning on national news headlines to learn about developments within the company just like everyone else. He wasnít aware of any immediate impacts to the store.

A report from the Wall Street Journal earlier in the week said the company plans to keep all existing stores open while it seeks ways to structure its bankruptcy loans and a plan for the future. It said the company is actively seeking investors, but with such a negative recent financial history it has so far been futile.

The company has created a website dedicated to information about the bankruptcy filing and subsequent restructuring. Included is a list of stores it had previously announced closures for, most of which were in the Midwest and the East Coast. Only one store in Utah was being closed in the Mountain West, and no stores in Montana were named.

The website said the company also plans to maintain full online operations for all of its locations as plans are hammered out. It also said that as of now the store plans to honor all return policies, gift cards and merchandise credits.

Bon-Ton Stores Inc. is one of the largest regional department store chains in the U.S. It operates retail stores under the names of Herbergerís, Bon-Ton, Bergnerís, Boston Store, Carsonís, Elder-Beerman and Younkers.

A spokeswoman from Bon-Ton Stores Inc. did not return a request for comment.

ďDecisions regarding our store portfolio will continue to be made based on what makes the best sense for our business just as they always have,Ē a press release intended to provide customer information noted.

Reporter Peregrine Frissell can be reached at (406) 758-4438 or pfrissell@dailyinterlake.com.

Print Article

Read More

Letters to the editor for May 22, 2018

May 22, 2018 at 6:00 am | Daily Inter Lake Brodehl has experience to be commissioner I had the honor of serving in the Montana Legislature with Randy Brodehl. He served four terms in the House of Representatives representing the Evergreen an...

Comments

Read More

Libby bear attack victim in stable condition

May 22, 2018 at 12:42 pm | Daily Inter Lake A Montana woman who was attacked by a bear last week in the wilderness south of Libby was in stable condition Tuesday recovering in Kalispell from her injuries. The woman has been identified as Am...

Comments

Read More

Who worked on building the Hungry Horse Dam?

May 22, 2018 at 8:30 am | Daily Inter Lake In recognition of the 65th anniversary of the completion of Hungry Horse Dam, the Daily Inter Lake is putting together a special project that will include stories about the hundreds of laborers who h...

Comments

Read More

Symposium focuses on overcoming export difficulties

May 22, 2018 at 6:00 am | Daily Inter Lake The Montana District Export Council is hosting a symposium Wednesday, May 23 where business owners from the Flathead Valley can learn about expanding their ventures internationally. Presentations w...

Comments

Read More

Contact Us

News: (406) 837-5131
Advertising: 406-758-4410
Bigfork Eagle
c/o Daily Inter Lake
PO Box 7610
Kalispell, MT 59904

©2018 Bigfork Eagle Terms of Use Privacy Policy
X
X