Bon-Ton
Bon-Ton is an online retailer and department store that has been around for a century now. However, it seems like it is not immune to the changing of the times. The store applied for bankruptcy last year. It was sold and then liquidated. Last year, it reopened its e-commerce site and a number of stores. Its decline is attributed to the rise of Amazon since it boomed in small towns with no competition.
Bon-Ton
Tops Market
It is common for companies to apply for bankruptcy when they fail to keep up with the changing interests of its consumers. The same thing happened to Tops Market, a grocery chain in the East Coast. Even though it applied for Chapter 11 bankruptcy protection, those living in New York, Vermont, and Pennsylvania will still be able to visit a store. Most of the stores located in these states will stay open.
Tops