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The Elder-Beerman Stores Corp., commonly known as Elder-Beerman, was an American chain of department stores founded in 1883 and whose last stores closed in 2018. The chain, based primarily in the Midwestern United States , was composed of 31 stores in eight states at the time of its liquidation in 2018, [ 2 ] and peaked around 2003 with 68 ...
Following an attempt to convert to a privately held company, Elder-Beerman was offered more cash for its outstanding stock as part of the buyout. [ 5 ] On November 25, 2003, Bon-Ton reported a net loss in the third quarter of $1.7 million, or $0.11 per share, including an asset impairment charge of $0.10 per share.
The existing Elder-Beerman store was reconfigured to house its men's, children's and home departments on the upper level, and a new furniture gallery on the lower level. [ 14 ] In April 2014, Elder-Beerman announced that it would consolidate its two mall locations back into its original location and eliminate the furniture gallery; the ...
— In 2018, Bon-Ton filed for bankruptcy, resulting in the closure of all of the company's Elder-Beerman stores, including Richmond's at 601 E Main St. Over the years, efforts have been made to ...
Bon-Ton converted Elder-Beerman stores in Indiana and Michigan to the newly shortened Carson's name in 2011 and 2012. [ 9 ] [ 10 ] The chain expanded into Metro Detroit in 2013 with the conversion of three Parisian stores.
Adrian Mall was an enclosed shopping center serving Adrian, Michigan, United States.It opened in 1970 with JCPenney and Sears as its anchor stores; an expansion in 1985 added Elder-Beerman as a third.
In 1978, Dayton, Ohio-based Elder-Beerman purchased what were then six Mabley & Carew stores in Cincinnati, Hamilton and Middletown and eventually converted them to the Elder-Beerman nameplate. Wren's Department Store in Springfield was not included in the sale and became part of Allied's William H. Block Co. Department Store division based in ...
On November 28, 2017, it was announced that Elder-Beerman would be closing on January 31, 2018. [5] A 20,000 square foot portion of the store will be converted to the first H&M store in West Virginia. [6] On September 18, 2018, Sears announced that its store would be closing as part of a plan to close 12 stores nationwide.