Bon-Ton Q3 loss widens
York, Pa. — ThThe Bon-Ton Stores reported Thursday that its loss for the third quarter widened to $6.3 million, compared with a loss of $4.2 million in the prior year.e Bon-Ton Stores reported Thursday that its loss for the third quarter widened to $6.3 million, compared with a loss of $4.2 million in the prior year.
Total revenue fell to $716.9 million from $722.6 million.
Trans World narrows loss in Q3
Albany, N.Y. — Trans World Entertainment Corp. reported Thursday that it recorded a loss of $16.1 million in the third quarter, compared with a loss of $22.3 million a year earlier.
Total sales dropped 20% to $128.8 million. Same-store sales decreased 5%.
The company, which owns the f.y.e. (For Your Entertainment) chain of music stores, operated an average of 533 stores during the quarter, compared with 694 in the same quarter last year, a 23% decline.
London Drugs to roll out StoreBoard Media installation
New York City — Indoor billboard network StoreBoard Media said Thursday that it has secured its first retail installation in Canada via a new licensed partner based in Vancouver.
StoreBoard’s new licensee, operating as StoreBoard Media Canada, has signed an agreement with London Drugs to place ads on the retail chain’s security pedestals in the stores’ entrance ways, computer and audio video departments across Western Canada starting immediately.
London Drugs operates 74 stores across Alberta, Saskatchewan, Manitoba and British Columbia.