The Younkers store at Marshfield Mall is one of 12 stores across the state in danger of closing if Bon-Ton Stores Inc. does not resolve its financial problems, the company said Friday, April 6. Jamie Rokus/USA TODAY NETWORK-Wisconsin
MILWAUKEE — A joint bid by two liquidation firms will be the starting point for bidding Monday in the bankruptcy auction of Bon-Ton Stores.
Bon-Ton, the parent company of Boston Store, Younkers and other department store brands, has designated an undisclosed bid by Hilco Merchant Resources and Gordon Brothers Retail Partners as the baseline bid, according to a court filing Friday. That means it is the top bid to date, and sets the floor for bidding in Monday’s auction of the company and its assets.