Bon-Ton hits its mark
November 4, 2010-- Home Textiles Today,
Bon-Ton, Pa. - Home did not rate a mention as Bon-Ton Stores announced third quarter sales results today.
Sales were flattish, down 0.5% to $700.5 million, with comps down 0.3%. The results met expectations, according to the company.
However, deeper penetration of private brands and a reduction in clearance inventory helped boost gross margin by 90 basis points.
The department store will report full results Nov. 18.
Related Content By Author
Live from New York Textiles Market: Day 3