With the only two suitors at the court-supervised auction being liquidators, it looks increasingly likely that Bon-Ton Stores will largely go out of business.
As the U.S. Supreme Court evaluates whether online retailers should collect sales taxes, industry groups continue to urge the court to overturn the tax break adopted in the pre-Internet era.
Several months after it named a drugstore veteran as its CEO, Hudson’s Bay has once again reached outside department store ranks to fill a key management position.