QUOTE (Save-the-Land @ Nov 4 2008, 04:20 PM)
I'm sorry to hear that the younger Lakin will be involved with this new ownership team.....he's the one that ran the store into the ground in the first place. The two old men built it up and the son tore it down by getting greedy and overexpanding.
BTW, bdp, I do agree with you.....the Park City store looks old and run down. They still have the light fixtures in the foyer from the original Gimbels store. They should have been investing money in their profitable stores, not expanding all over the place. I hope I don't hear excuse like I did before that it's the economy that forced the Boscov's bankruptcy.....looks like the Bon-Ton is doing fine.....and all that money invested in a nice new facade and store expansion.
'Looks' like Bon Ton is doing fine but will likely declare bankruptcy within the next year.