More than 100 people at the Dayton Mall’s Elder-Beerman Department store could be out of a job in a matter of months.
Elder-Beerman’s parent company, Bon Ton, announced today: the company is going into liquidation.
Loyal customers of the department store say the news comes as a shock.
“I didn’t believe it,” shopper Ruth Mansfield said. “I was like: ‘No, they’re just saying that.’ I was kind of shocked. This is one of my favorite stores.”
According to Bon Ton: 122 employees at the Dayton Mall’s Elder-Beerman will be out of a job in a matter of months.
The company said in a letter to employees: “The date of the first separation from employment is anticipated to be June 5, 2018.”
“I’m just afraid of this building empty,” Mansfield said. “I just don’t think that’s a good look for this area.”
Another shopper Candy Dillon said: “Elder-Beerman has been just a big part of our lives, it’s hard to imagine it not being here so we just came for – what we thought – might be our last time.”
The liquidation comes after the company filed for chapter 11 bankruptcy back in February.
Bon Ton was hoping to find a buyer who would continue operations.
Shopper Lauren Goforth said: “I think a lot of these big department stores are going to go out because people are wanting more of the boutique stores, these days. It’s kind of sad.”