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Who bought Elder-Beerman?
The owner of the Dayton Mall has purchased the attached vacant Elder-Beerman store, a major step in redevelopment of the large space. Washington Prime Group purchased the 220,000-square-foot space from Elder Ohio, a trust registered in Delaware, for $3.6 million.
Is Elder-Beerman coming back?
An Indiana tech company has relaunched Elder-Beerman’s website and plans to open department store locations in several states. After officially acquiring Bon-Ton and all of its subsidiaries’ intellectual property one week ago, CSC Generation relaunched the websites Friday.
Is Boston store still in business?
Those Boston Stores closed in summer 2018 after The Bon-Ton Stores Inc. filed for bankruptcy. The New York City investor that owned the properties gave them up through foreclosure last year, so they now belong to a Bank of America Merrill Lynch commercial mortgage trust.
When did Elder Beerman close?
2017: Middletown Elder-Beerman store closes. Bon-Ton president and chief executive Bufano resigns, and former chief operating officer William Tracy takes over. Bon-Ton hires a restructuring firm to look into bankruptcy as it grapples with more than $900 million of debt. 2018: Bon-Ton files for bankruptcy.
Is Bergner’s coming back?
A banner on the Bergner’s website announced “great news” in all caps: “Bergner’s is coming back!” The Forsyth and Bloomington locations were among scores of Bergner’s and other department store brands under the bankrupt Bon-Ton parent company have closed as recently.
When did rikes department store close?
1982
Rike Kumler Co.
| Type | Department store |
|---|---|
| Founded | March 9, 1853 |
| Defunct | 1982 |
| Fate | Merged with Shillito’s |
| Successor | Shillito Rikes (1982–1986) Lazarus (1986–2003) Lazarus-Macy’s (2003–2005) Macy’s (2005–present) |
When did the Boston Store go out of business?
Boston Store closed its big stores at East Towne and West Towne malls on August 29, after winding down sales over the past several months. More than 200 employees lost their jobs in Madison; more than 2,200 were unemployed statewide.
Who bought out Boston Store?
Sale to The Bon-Ton On October 31, 2005, Saks announced that it was selling Boston Store and its other Northern Department Store Group stores (Carson Pirie Scott, Bergner’s, Younkers, and Herberger’s) to Bon-Ton Stores in a $1.1 billion deal. The transaction was completed on March 6, 2006.
Is Bergner’s department store still in business?
Bergner’s filed for bankruptcy in 1991, re-emerging under the Carson, Pirie Scott & Co. mantle in 1993. After more corporate shuffling as department stores fought bravely to compete — not just against discount chains but now the internet — the end for Bergner’s stores came with liquidation in 2018.
What happened to Carson Pirie Scott?
Carson Pirie Scott department stores closed down Aug. 29, but has returned online after the company was sold to an Indiana-based technology firm. The store, also known as Carson’s, launched its online site at www.carsons.com on Friday after a bankruptcy court judge approved the sale of Bon-Ton to CSC Generation.
Does Federated own Macy’s?
In 1994, Federated took over the department store chain Macy’s. With the acquisition of The May Department Stores Company in 2005, the regional nameplates were retired and replaced by the Macy’s and Bloomingdale’s brands nationwide by 2006. Ultimately, Federated itself was renamed Macy’s, Inc. in 2007.
What is the meaning of Rike?
rikenoun. the territory over which authority extends, a kingdom, an earldom, a diocese, district, city, and so forth. Etymology: From rike, see below; cognate with Reich, rike.