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Bon-Ton to open new Herberger’s location
York, Pa. -- The Bon-Ton Stores has signed a letter of intent with Simon Property Group for the 135,000-sq.-ft. former Mervyn's facility located in the Southdale Center in Edina, Minn.
Remodeling of the site is expected to begin in March and be completed in November, at which time Bon-Ton will open a new store under its Herberger’s banner.
The new Herberger’s location will bring the total number of Herberger’s stores to six in the Minneapolis/St. Paul market. -
Children’s Place finance head to resign
Secaucus, N.J. -- The Children's Place Retail Stores said Friday that their executive VP finance and administration Susan Riley is leaving the company. The retailer said it will eliminate the role and look for a CFO.
The children's clothing company said VP finance John Taylor will serve as interim principal financial officer and Bernard McCracken, VP controller, will serve as interim principal accounting officer.