Last stores owned by Bon-Ton hit the auction block
After multiple auctions in the second half of 2018, a New York real estate firm is selling off the final 10 stores formerly owned by The Bon-Ton Stores Inc., including one in Pennsylvania.
A&G Realty Partners today announced a Jan. 28 auction in New York to sell off the remaining company-owned stores. Bids are due Jan. 25.
The lone Pennsylvania store on the list is at the Lewistown Mall in Mifflin County. The other nine stores are in Iowa, Michigan, Minnesota, Indiana and Illinois.
Bon-Ton, which had headquarters in Milwaukee and York County, began liquidating its stores in April.
A&G was hired in May to begin selling more than 220 properties owned and leased by Bon-Ton in 23 states. Bon-Ton operated stores under the Bon-Ton, Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's and Younkers banners.
Bon-Ton closed its remaining stores at the end of August following a lengthy liquidation process.
Some of the local stores are finding new uses.
Faith-based nonprofit thrift retailer CommunityAid announced plans in August to use much of the bankrupt retailer's store in the Queensgate Shopping Center in York County for a new location.
In September, the Lower Allen Township Development Authority submitted an offer to buy the Bon-Ton store at 3525 Gettysburg Road in Lower Allen with an eye on redeveloping the property. A $7.6 million deal is expected to close this month.
An Indiana-based tech company, CSC Generation Holdings, meanwhile, scooped up the intellectual property in bankruptcy court in September.
CSC, which paid $900,000, is selling merchandise online through a variety of Bon-Ton brands. It also has started to reopen a store in Illinois under the Carson's brand.