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Bon-Ton plans to liquidate all stores, including 10 more in Indiana, after bankruptcy auction

Circle Centre Mall & 4 others were already closing
Posted: 11:34 PM, Apr 17, 2018
Updated: 2018-04-18 19:10:12-04
Bon-Ton plans to liquidate all stores, including 10 more in Indiana, after bankruptcy auction

INDIANAPOLIS -- Carson's parent company Bon-Ton plans to liquidate all stores after a bankruptcy court-supervised auction did not go as planned - which means all remaining stores in Indiana will likely be closed. 

The company announced earlier this year that they were planning to close 42 stores across the country, including the one at Circle Centre Mall and four others in Indiana. 

READ | Carson's at Circle Centre Mall closing

The store at Circle Centre Mall as well as ones in Anderson, Columbus, Elkhart and Marion are scheduled to close later this month. 

Bon-Ton has a total of 15 department stores across the state located in:

  • Anderson
  • Columbus
  • Elkhart
  • Fort Wayne
  • Hammond
  • Indianapolis
  • Jasper
  • Kokomo
  • Marion
  • Merrillville
  • Michigan City
  • Muncie
  • Richmond
  • Terre Haute
  • Warsaw

Bill Tracy, President and Chief Executive Officer, said in a statement:

"While we are disappointed by this outcome and tried very hard to identify bidders interested in operating the business as a going concern, we are committed to working constructively with the winning bidder to ensure an orderly wind-down of operations that minimizes the impact of this development on our associates, customers, vendors and the communities we serve. We are incredibly grateful to all of our associates for their dedicated service to Bon-Ton and to our millions of loyal customers who we have had the pleasure to serve as their hometown store for more than 160 years."

Going out of business sales and future liquidation plans will be made following approval of the winning bid in the bankruptcy auction. 

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