Bon-Ton To Close Hagerstown Store, Lay Off 47 Employees
The Bon-Ton Stores Inc. filed a Workers Adjustment and Retraining Notification with the Maryland Department of Labor, Licensing and Regulation on November 27. The notice indicates the York, Pennsylvania and Milwaukee-based company will close its store at 17301 Valley Mall Road in Hagerstown, Maryland in early 2018.
Bon-Ton operates department stores under six brands, including Younkers, Bergner’s and Boston Store. The retailer has been struggling financially, posting a net loss of $45 million in 2016. Bon-Ton will close 40 stores in the Midwest and Northeast in 2019.
Employee separations will occur on February 22, 2018, according to the filing.
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