Bon-Ton buys 142 department stores from Saks for $1.1 billion. From: Morning Call (Allentown, PA) | Date: November 1, 2005 | COPYRIGHT 2005 The Morning Call. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Byline: Kurt Blumenau

Nov. 1--The Bon-Ton Stores will pay $1.1 billion to buy 142 department stores owned by Saks, trying to build up sales and store count in an industry where size is king.

The York, Pa.-area department store chain will buy Saks' Northern Department Store Group, which includes the Carson Pirie Scott, Younkers, Herberger's, Bergner's and Boston Stores brands. Those stores will beef up Bon-Ton's presence in the Midwest, and bring it into the G...

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