Bon-Ton
Bon-Ton might be around since the turn of the century, but it filed for Chapter 11 last year before it was sold and liquidated. In October 2018, it reopened its e-commerce site and announced plans to reopen. USA Today said, “The reinvented Bon-Ton would be sleeker, more e-commerce focused business.” The company’s decline was brought about by Amazon changing the industry.
Bon-Ton
Tops Market
One of the most common reasons companies file for bankruptcy is its failure to adapt to consumer demands. Tops Market went into a decline because food prices dropped and non-traditional food retailer and competitors popped up. It remains open, but it might be due for a comeback soon. The company recently got out of $80 million annual interest that was due in 2017.
Tops
