Is Elder-Beerman still in business?
The Elder-Beerman Stores Corp., commonly known as Elder-Beerman, was an American chain of department stores founded in 1883 and whose last stores closed in 2018.
Who bought out Elder-Beerman?
Bon-Ton Stores Inc.Shortly after exiting bankruptcy a year later, Elder-Beerman was bought by Bon-Ton Stores Inc. for $92.8 million. Bon-Ton Stores Inc. filed for bankruptcy in 2018 and liquidation of its stores took place throughout the summer of that year.
Why did Elder-Beerman close?
The parent company had filed for Chapter 11 bankruptcy in February and was unable to secure an investor to continue operating normal business, leading to liquidation beginning in April. Over the weekend, a message was published on Elder-Beerman's website saying the company is coming back.
When was Elder-Beerman founded?
1883, Dayton, OHElder-Beerman / Founded
Is Boston Store coming back?
Bon-Ton is making a comeback. After filing for bankruptcy and closing all of its more than 200 stores in 2018, the century-old retailer will relaunch its e-commerce site this summer, followed by a brick-and-mortar location in February 2023.