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Bon-Ton reports more losses for 2nd quarter
Bon-Ton reported nearly $39 million of net loss in its 2nd Q earnings report as the company suffers from low sales.
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Bon-Ton reports more losses for 2nd quarter
STAFF REPORT
Published 3:07 p.m. ET Aug. 18, 2016 | Updated 5:58 p.m. ET Sept. 5, 2016
The Bon-Ton reported nearly $39 million of net loss in its second quarter earnings report as the company continues to suffer from low sales figures.
The York-based company has nearly $100 million less in total assets than it did a year earlier, the earnings reports shows.
Comparable stores sale were down 2 percent, and total sales decreased 2.4 percent to $542.4 million.
Read or Share this story: https://www.yorkdispatch.com/story/money/business/2016/08/18/bon-ton-losses-2nd-quarter/88957922/
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