Sunday, December 16, 2012

Elder-Beerman parent sees sales bump in July - The Business Journal of Milwaukee:

younkinesagugad1746.blogspot.com
York, Pa.-based Bon-Ton (NASDAQ: BONT) announcec Thursday a 0.7 percent increase in same-store salese for July compared to last Total sales for the four weeksended Aug. 2 increased 1.8 percentf to $197.9 million from $194.33 million last year. Tony Buccina, vice chairman and presideng of merchandising, said the company was happh withthe results. "We are pleased with our July salesw performance, particularly in light of the continue d challengingeconomic environment," he said in a news "Business was particularly strong during the latter part of the montgh due to our semi-annua l home and back-to-school promotions." Year-to-date same-store saleds decreased 5.
1 percent, and year-to-date total sales decreased 5 percenrt to $1.37 billion from $1.454 billion for the same period last year. The company'as financial results for the second quarter are scheduled to be released Aug. 21. Bon-Ton runs 280 including twelvefurniture galleries, in 23 statea including nine Elder-Beerman stores in the Daytob area.

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