BONT Same Store Sales Disappoint; Shares Plunge

The Bon-Ton Stores Inc

announced on Thursday a 4.6% decline in its same-store sales for August. The market was expecting the company to report flat sales at stores open at least one year. BONT said its total sales for the four weeks ended August 28 had plunged 5% to $187.2 million. Shares of BONT nosedived 4.13% to $6.73 at 9:48 am. Read more