The Bon-Ton Stores, Inc. Provides Holiday Sales Update

The Bon-Ton Stores, Inc. (OTCQX:BONT) today announced that its comparable store sales for the nine-week holiday period ended December 30, 2017 decreased 2.9%. Total sales for the nine-week November and December period were $720.8 million compared to sales of $752.1 million in the prior year period. The Company’s best performing categories over the period were Cosmetics, Children’s, Outerwear and Fine Jewelry.

Bill Tracy, president and chief executive officer for The Bon-Ton Stores, Inc. said, “The Company’s holiday period comparable store sales decrease of 2.9% is an improvement from the comparable store sales decrease of 6.6% reported in the third quarter. We are actively engaged in discussions with our debt holders in an effort to strengthen our capital structure to support the business going forward.”

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