1. Bon-Ton CEO says chain will shut 40 locations in 2018

    Bon-Ton CEO says chain will shut 40 locations in 2018

    Beleaguered retailer Bon-Ton Stores Inc. will close at least 40 of its 260 stores in 2018, company president and CEO William Tracy said this week in a press release announcing the most recent financial returns. The chain's net loss for its most recent quarter was $44.9 million, and comparable store sales decreased 6.6 percent vs. the same quarter last year.  Bon-Ton's only Massachusetts location is in the Westfield Shops on Route 20.

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