Bon-Ton sales fall in December
(AP) — The Bon-Ton Stores Inc. said Thursday that its sales fell in December as shoppers spent less money on its merchandise.
For the five weeks that ended Jan. 2, the department store chain said sales in stores open at least a year fell 2.6 percent. Sales at stores open at least a year are a key measure of retailer performance because they measure growth at existing stores rather than from newly opened ones.
Meanwhile, total sales for the period fell 3 percent to $511.1 million.
Bon-Ton President Tony Buccina said the results were still better than the retailer's internal forecasts as sales of women's accessories and jewelry, shoes and children's sportswear performed well, as did sales of coats and outerwear. Weak categories included furniture, some home goods and higher-priced women's sportswear.
Bon-Ton, based in York, Pa., operates 278 stores in 23 states.
Sarra Sounds Off, Season 3, Ep 4: Top football teams in action, fantasy update and plays of the week Gregg Sarra sounds off on the Nassau Conference II football matchup between Calhoun at Carey, plus the comeback story of New Hyde Park's Gabriel Peter, an update on the high school fantasy football standings and the plays of the week.
Sarra Sounds Off, Season 3, Ep 4: Top football teams in action, fantasy update and plays of the week Gregg Sarra sounds off on the Nassau Conference II football matchup between Calhoun at Carey, plus the comeback story of New Hyde Park's Gabriel Peter, an update on the high school fantasy football standings and the plays of the week.
