Elder-Beerman parent company heads into liquidation

News

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.”

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

9-4 donate dayton strong

Latest Video on WDTN.com

Only on WDTN.com | Phil Wiedenheft

More Phil Wiedenheft

Interactive Radar

More As Seen on 2 NEWS