Bon-Ton sees sales up in 2Q

Freeman Staff

August 21, 2014

MILWAUKEE — The Bon-Ton Stores, Inc., the parent company of Boston Store, announced Thursday the company had seen a 1.6 percent increase in comparable store sales in the second quarter of fiscal year 2014 when compared to the same period in 2013.

The company also saw a net loss of $36.2 million in the quarter, down from $37.3 million last year.

Bon-Ton President and CEO Brendan Hoffman said the company was pleased with the sales growth, noting a “challenging promotional environment and continuation of soft traffic trends.” He added the company’s e-commerce and loyalty programs have been performing well.

He also noted Kathryn Bufano will be assuming the role of president and CEO starting next week.

www.bonton.com