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Bon-Ton Stores declares several real estate proposals

21 Sep '05
3 min read

Leading quality fashion department store Bon-Ton Stores Inc announced several real estate initiatives.

Beginning October 12, the Company will celebrate the grand re-opening of its expanded, newly remodeled stores in Cumberland, Maryland; New Philadelphia, Ohio and Warsaw, Indiana with a five-day public event.

The Cumberland store, originally 61,000 square feet, is being expanded to 75,100 square feet, New Philadelphia, originally 53,000 square feet, to 73,000 square feet and Warsaw, originally 56,000 square feet, to 80,000 square feet. The additional square footage will increase the productivity of these three stores and provide larger cosmetic, misses, men's and intimate departments with expanded merchandise selections.

The Company also announced the relocation plans for its Hanover, Pennsylvania and Kanawha, West Virginia stores, and the expansion and remodeling of its Westfield, Massachusetts and Doylestown, Pennsylvania stores. Kanawha, Westfield and Doylestown are expected to be completed in early spring 2006 and Hanover in early fall 2006.

The store in Hanover will be relocated within a strip center adjacent to Home Depot. The new store is comparable in square footage to the prior location, but should benefit from increased traffic and visibility, and offer a very convenient location to our Hanover customers.

The Kanawha store is relocating within the same mall and will double in square footage from 40,000 square feet to80,000 square feet, allowing for new businesses and expanded merchandise selection in all departments. Westfield will be expanded from 51,000 square feet to 75,000 square feet. The new space will become a men's and home store, allowing expansion of the remaining businesses in the existing store.

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