(For more retail coverage, click GlobeSt.com/RETAIL.)
YORK, PA-Bon-Ton Stores Inc. plans to expand five existingstores, close three, and relocate two other ones. These moves willtake place between Oct. 12 and fall 2006.
The cost of expansions, remodelings and relocations isundisclosed, a spokeswoman for Bon-Ton tells GlobeSt.com. However,in a Sept. 9 SEC filing, the locally based department store chainstates that capital expenditures for 2005 are expected to be in therange of $28 million to $32 million, and the company "anticipatesincreasing store selling space by expanding store locations."Planned 2006 capital expenditures are not forecast in thefiling.
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