Printer Friendly

BON-TON TO OPEN STORE IN WATERTOWN, NEW YORK

 BON-TON TO OPEN STORE IN WATERTOWN, NEW YORK
 YORK, Pa., June 18 /PRNewswire/ -- The Bon-Ton Stores, Inc.


(NASDAQ: BONT), the York based regional fashion department store chain, announced today that it has signed a lease agreement to open a store in the Salmon Run Mall in Watertown, N.Y.
 The company will occupy a 50,000 square foot building previously operated by the Chappell's department store chain. The store will be remodeled and is expected to open for business under the Bon-Ton name in October 1992. The newest Bon-Ton store will carry the same brand-name fashion and accessory lines that the existing stores carry, including well-known names such as Liz Claiborne, Estee Lauder, Levi Strauss, Ralph Lauren and Esprit.
 Salmon Run is a one level, state-of-the-art, enclosed shopping mall which the company believes is the premier retail attraction in the Watertown market. The 560,000 square foot shopping center, which contains 80 shops and 4 other anchor stores, including Sears, JC Penney, Steinbach and Hills, draws shoppers from surrounding Jefferson County.
 Tim Grumbacher, Bon-Ton's chairman and chief executive officer, commented, "We are very excited about the new store location as we see considerable opportunity for profitable growth in the upstate New York region. As the main shopping destination in Watertown, the Salmon Run Mall is a prime beneficiary of the stable Jefferson County economy. Because of its proximity to the Canadian border, our new store should also benefit from Canadian shoppers drawn to the Bon-Ton fashion image."
 Upon completion of this transaction, the Bon-Ton will operate 35 department stores in secondary markets in Pennsylvania, Maryland, New York and West Virginia. The stores carry broad assortments of brand- name fashions and accessories for women, men and children, as well as home furnishings.
 -0- 6/18/92
 /CONTACT: Naomi Rosenfeld or Amy Ludwig of Morgen-Walke Associates, 212-986-5900, for Bon-Ton Stores/
 (BONT) CO: Bon-Ton Stores, Inc. ST: Pennsylvania, New York IN: REA SU:


AH-OS -- NY066 -- 1643 06/18/92 16:21 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 18, 1992
Words:329
Previous Article:FOOD LION REPORTS LATEST FOUR WEEK SALES
Next Article:NIKE TO ACQUIRE SPORTS SPECIALTIES CORP., WORLD'S LARGEST LICENSED SPORT CAP COMPANY
Topics:


Related Articles
THE BON-TON STORES ANNOUNCES SEPTEMBER SALES
THE BON-TON STORES ANNOUNCES OCTOBER SALES
Bon-Ton expands home goods.
The Bon-Ton Stores, Inc. to Enter Pottstown, Pa Market.
The Bon-Ton Stores, Inc. Announces Growth Initiatives for 1999.
The Bon-Ton Stores, Inc. Acquires Three New Locations In Adjacent, Secondary Markets.
The Bon-Ton Stores, Inc. to Open Two Stores in New England - Company to Expand and Remodel Frederick, MD Store -.
The Bon-Ton Stores, Inc. Announces Store Relocation in Scranton, PA Market.
The Bon-Ton Stores, Inc. to Open a Store in Newburgh, New York.
The Bon-Ton to Work With Federated Merchandising Group On Private Label Development.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters