Bon-Ton
This retailer has been around for 100 years! Just like how the saying goes, all good things must come to an end, but did they? Bon-Ton, a department store, and online retailer filed for bankruptcy last year. It was then sold and liquidated. However, in October 2018, it relaunched its site for e-commerce and announced its plans to reopen some of its stores.
Bon-Ton
Tops Market
The most common reason why a company files for bankruptcy is its failure to keep up with the changing interest of their consumers. This is exactly the case with Tops Market. With more and more shoppers interested in non-traditional food sellers, competition, and falling food prices, Tops Market had no choice but to file for Chapter 11 bankruptcy. For now, The East Coast grocery chain will keep most of its stores open in Pennsylvania, Vermont, and New York.
Tops
