FD Younkers to remain open
Younkers’ parent company has announced it is closing 42 locations across the United States — but the Fort Dodge Younkers will remain open.
The Bon-Ton Stores, Inc., released a list Wednesday of which stores would be closed as part of a “store rationalization program” it had previously announced. In Iowa, two Younkers are closing, one in Cedar Falls and one in Cedar Rapids. Stores are closing in 14 states.
Crossroads Mall General Manager Melissa Verschoor has been fielding questions for some time now about whether the store was closing.
“It’s been a very hot topic,” Verschoor said.
“We’re excited to keep our Younkers store. They do extremely well, and they’re our main anchor now,” she said. “They do a lot of great things for the community with their community day, so it would not only be a loss for the mall, it would be a loss to the community too if they had closed their doors.”
The mall is under new ownership since it was sold in January to Namdar Realty Group, Mason Asset Management and CH Capital, all of Great Neck, New York.
The Bon-Ton closings affect all of that company’s nameplates, including Younkers, Carson’s, Herberger’s, and Elder-Beerman.
“As part of the comprehensive turnaround plan we announced in November, we are taking the next steps in our efforts to move forward with a more productive store footprint,” said Bill Tracy, president and chief executive officer for The Bon-Ton Stores, in a press release. “Including other recently announced store closures, we expect to close a total of 47 stores in early 2018. We remain focused on executing our key initiatives to drive improved performance in an effort to strengthen our capital structure to support the business going forward.”
Store closing sales at those locations were scheduled to begin this week and run for about 10 to 12 weeks, the company said.