Younkers (WHO-HD)
DES MOINES, Iowa Documents filed with Iowa Workforce Development signal a closing of seven Younkers stores in the state.
The action lends more credibility to a Reuters report that the stores parent company, Bon-Ton, is being bid on by two liquidation firms during its bankruptcy auction.
The company is saddled with debt and struggling with weak sales, including this past holiday season. That led Bon-Ton to file for Chapter 11 bankruptcy back in February.
The closures would leave 635 employees without jobs. Iowa Workforce Dev…
Read the full article at: http://whotv.com/2018/04/17/iowa-younkers-stores-to-close-parent-company-headed-for-liquidation/