-
Bon-Ton misses Q4 estimates
Weak traffic and unseasonably warm weather impacted Bon-Ton’s earnings for the fourth quarter. For the period ending January 28, 2017, the department store chain reported net income of $44.7 million, or $2.09 per diluted share. These earnings fell short of analyst estimates by 37 cents. The chain reported revenue of $900 million for the period, and comparable store sales decreased 4.7%. -
Walmart issues $157 million in bonuses to employees
The bonuses, along with annual pay raises, were included in employees’ March 9 paycheck. Over the past two years, Walmart has invested billions of dollars in training, education and higher wages. These programs offer associates skills, knowledge and tools to help them grow with the company and provide great customer service during a time of rapid change in shopping habits.

