Daily News Record back issues from July 1994:
U.S. buyers OK Milan's soft looks, fridaywear; say perfect for new ways of dressing. (designer fashion shows in Milan, Italy)
Jul 01, 1994; ... MILAN -- U.S. retailers shopping the men's spring/summer '95 designer presentations that wound up here Wednesday said the soft, casual-cumelegant looks showcased here offer a wide range of solutions to the general trend towards less formal dressing. Although they said there ...
Hartmarx cuts operating losses in the second quarter to $3.2M; expects to be in black for year. (Brief Article)
Jul 01, 1994 ... CHICAGO (FNS) -- Hartmarx Corp. reported second-quarter losses narrowed to $3.2 million from $3.5 million a year earlier, before a special charge to retire debt. The company expects to turn a profit for the full year. In the quarter ended May 31, after a $3.9 million charge for ...
Questrom to pitch merger proposal to Macy's board of directors today. (Federated Department Stores CEO Allen I Questrom)
Jul 01, 1994; ... NEW YORK (FNS) -- R.H. Macy & Co., will entertain a merger proposal this morning from its archrival Federated Department Stores, Inc., putting Federated's chief executive Allen I. Questrom face-to-face for the first time with the Macy's board. The pitch will come at around 10 ...
Outlet shoppers like the values, return for more. (Manufacturers Idea Exchange and Developers of Outlet Centers survey)
Jul 01, 1994; ... NEW YORK -- Don't underestimate the $10 billion worth of yearly spending, the buying savvy and the loyalty of outlet store shoppers. This is the wake-up call from the Developers of Outlet Centers (DOC) and the Manufacturers Idea Exchange (MIE), which broke their first joint ...
ShopKo hit by price pressures. (ShopKo Stores Inc.) (Brief Article)
Jul 01, 1994 ... GREEN BAY, Wis. (FNS) -- ShopKo Stores, Inc., reported first-quarter earnings fell 13 percent to $5 million, or 16 cents a share, from $5.7 million, or 18 cents, a year ago. The company, which operates 122 discount stores, attributed margin erosion in the latest quarter to ...
McGregor enters WR shirt race. (Stage II line of wrinkle-resistant shirts are selling well) (Brief Article)
Jul 01, 1994 ... NEW YORK -- Stage II jumped into wrinkle-resistant tops for the first time for holiday selling with its new line of McGregor printed cotton sport shirts launched earlier this month. According to Jerry Beckerman, executive vice-president, the WR shirts, to retail from $16 to $20, ...
Ralph Marlin to cut ribbon on new offices July 8: all functions will be housed under one roof.
Jul 01, 1994; ... NEW YORK -- Ralph Marlin & Co., Inc., will officially open its new 34,000-square-foot corporate offices and distribution facility at 1050 Walnut Ridge Drive in Hartland, Wis., on Friday, July 8. Mark Abramoff, president and founder of the privately held firm, purchased the land ...
Pico licensed by Basic Resources for Jake & Co. underwear line. (Pico Manufacturing Sales Corp.) (Brief Article)
Jul 01, 1994; ... NEW YORK -- Pico Mfg. Sales Corp. has signed a licensing agreement with Basic Resources, Inc., to manufacture and market men's knit underwear under the Jake & Co. label, for immediate delivery. Both Pico and Basic Resources are New York-based firms. The line will be ...
2 apparel firms get licenses for Tocco Ringside Gym label. (JH Design Group, Shorebreak, Johnny Tocco Ringside Gym) (Brief Article)
Jul 01, 1994 ... NEW YORK -- JH Design Group and Shorebreak have been licensed by the Merchandising Rights Agency (MRA) to manufacture apparel bearing the Johnny Tocco Ringside Gym label. JH Design, Los Angeles, will produce a line of leather and silk jackets, and leather caps, which will be ...
L.A. T Sportswear signs letter with Sara Lee on Olympic Apparel; to use Hanes label for knitwear. (Brief Article)
Jul 01, 1994 ... BALL GROUND, Ga. -- Georgia-based L.A. T Sportswear, Inc., has signed a letter of intent with the Hanes division of Sara Lee Corp. to use trademarks, licensed to Sara Lee by the U.S. Olympic Committee and the Atlanta Committee for the Olympic Games, in connection with the 1996 Summer ...
Mill vacation closings bring slow trading across-the-board. (Gray Goods) (Brief Article)
Jul 01, 1994; ... NEW YORK -- Trading in all types of gray goods was close to nil this week as the cloth trade slowed for mill vacation closings. Most mill men felt a slow period might well last through July, and perhaps well into August. Many buyers have covered good-sized yardages of ...
DuPont to reorganize its nylon operations throughout Europe. (Brief Article)
Jul 01, 1994 ... NEW YORK -- DuPont is further "streamlining" its European nylon operations in a move that will result in a reduction of approximately 1,200 positions over the next three years, the company said Thursday. The reductions are primarily in the U.K., Germany and the Netherlands, ...
Fidelity wants to play active role in Merry-Go-Round bankruptcy plan; investment house owns 9.5% of stock. (Fidelity Investments, Merry-Go-Round Enterprises Inc.) (Brief Article)
Jul 01, 1994; ... WASHINGTON (FNS) -- Fidelity Investments, in a move uncharacteristic of the giant Boston-based investment house, said it plans to "participate actively" in developing the reorganization plan of Merry Go Round Enterprises, Inc., Joppa, Md. Fidelity now owns 9.54 percent of the ...
Solo Serve gets extension on $5 million credit line. (Brief Article)
Jul 01, 1994 ... SAN ANTONIO (FNS) -- Solo Serve Corp., a discount department store chain, which has been negotiating for a new lending facility while battling losses and shrinking sales, said Thursday it won a 30-day extension on a $5 million line of credit. The extension -- to July 31 -- is ...
JPS completes sale of unit to Foamex. (JPS Textile Group Inc. sells automotive and synthetic fabrics group to Foamex International Inc.) (Brief Article)
Jul 01, 1994 ... GREENVILLE, S.C. (FNS) -- JPS Textile Group, Inc., has completed the sale of its automotive and synthetic fabrics group to Foamex International, Inc., for $276 million. The price includes the assumption of $12 million in long-term debt. The company plans to use the ...
Rocky, Bullwinkle cartoon dispute goes to trial, federal judge rules. (licensing rights dispute between I.R.V. Merchandising Corp. and Jay Ward Productions Inc.) (Brief Article)
Jul 01, 1994 ... NEW YORK (FNS) -- A federal judge here has ruled that a dispute over the apparel licensing rights of the Rocky and Bullwinkle cartoon characters will have to go to trial. The dispute involves I.R.V. Merchandising Corp., a licensing company, which sued Jay Ward Productions, Inc., ...
Paris collections: day one. (men's spring/summer 1995 fashions)
Jul 04, 1994 ...S.T. DUPONT This is a collection that alternates between whispering murmurs and spirited sighs. Classic as it comes, S.T. Dupont this season is being designed by Michael Roelli tout seule, since former partner JeanLuc Testu returned to Thierry Mugler. During the informal ...
Miller Stockman ropes in the traditional western wear customer; the 36-unit chain sticks to its roots servicing the authentic Western shopper. (interview with Juliet Wright) (Interview)
Jul 04, 1994; ... In 1918, a traveling salesman named Philip Miller migrated east to Denver. That year, he launched a combination wholesale clothing supply and retail mail-order catalog company. Miller Stockman was born. Today, the Miller Stockman retail chain boasts 36 Western wear stores sprinkled ...
Clothing - taking soft to heart. (spring 1995 tailored clothing)
Jul 04, 1994; ... NEW YORK -- Tailored clothing is a soft touch for spring. At every level -- from the designers to upbeat mainstream manufacturers -- they're all taking soft to heart for next season. First, in their choice of fabrics. They're all soft, supple and also take to textured ...
Nouveau in Paris: the Paris shows will see some new faces and a few happy returns. (men's clothing designer shows in Paris, France )
Jul 04, 1994; ... PARIS -- This season Paris scores 35 runway shows and eight walk-through presentations, including unlisted designers like the German Peter Katz and the Belgian Chris Mestdagh who will inaugurate his new Left bank showroom on rue de L'Universite. Other latecomers like GR 816 and Alexi ...
In design, a time for the tailoring tradition. (clothing designer Ozwald Boateng and his collection)
Jul 04, 1994; ... PARIS -- Ozwald Boateng is out to inject some glam and excitement into men's fashion. His premiere Paris show is ending the runway week tonight with a high tailoredcouture note played to the live beat of musician Kesiah Jones. "I'd like to create a whole new attitude in men's ...
Paris puts elegance back into men's wear; designers put crimp in crumpled look. (Paris, France fashion designers) (Brief Article)
Jul 06, 1994; ... PARIS -- Elegance is back for men. The crinkled, crumpled linen slouch suit is going the way of grunge, being banished to the back of the closet. Now, designers here are heralding a return to glamor, acknowledging the clean, sober and simple '40s and '50s as eras of inspiration. ...
Dylex seeking investor, partner for NBO chain: NBO's Kosack; retailer hampered by parent's cash flow. (Dylex Ltd., Gene Kosack) (Brief Article)
Jul 06, 1994; ... NEW YORK (FNS) -- NBO, the 32-unit off-price men's wear retailer, hamstrung recently by a cashstrapped parent, hopes to find an investment partner by the end of the year to help fund a growth and refurbishing plan, Gene Kosack, CEO of NBO, said Tuesday. Dylex Ltd., Toronto, ...
Creditors still back Macy's, at least in public. (Brief Article)
Jul 06, 1994; ... NEW YORK (FNS) -- While reports swirled Tuesday that Federated Department Stores, Inc.'s merger proposal with R.H. Macy & Co. was "a 95 percent done deal," both Macy's and a key creditor group remained publicly committed to a stand-alone plan. "Six weeks ago the bondholders ...
Corrections. (Sears, Roebuck Home Group President Marvin Stern's position incorrectly identified) (Correction Notice)
Jul 06, 1994 ... NEW YORK -- Marvin Stern is president of the Home Group of Sears, Roebuck ....
Market almost comes to a halt while prices continue robust. (Industrial Gray Goods) (Brief Article)
Jul 06, 1994; ... NEW YORK -- Most gray goods prices were strong as market activity came close to a standstill last week with many mills shutting for vacations. Weavers talked of continued strong shipping and reduced bill-and-hold. Certain plants did not close for the usual week-long holiday. A ...
UM&M reduces debt by $30M. (United Merchants & Manufacturers) (Brief Article)
Jul 06, 1994 ... NEW YORK (FNS) -- United Merchants & Manufacturers has managed to reduce its debt by about $30 million through a novel agreement with its principal secured lender, CIT Group/Commercial Services. In November 1993, CIT agreed that if UM&M were able to reduce the then-outstanding ...
Hof launches new nonwoven interlinings. (Hof Textiles Inc.) (Brief Article)
Jul 06, 1994 ... NEW YORK -- Hof Textiles, Inc., has introduced several new lowweight thermally bonded nylon/polyester nonwoven interlinings designed for use on very lightweight, sheer and open-weave outer fabrics. The products include a 100 percent polyester nonwoven for topcollar, cuff and ...
May to buy 8 McCurdy stores, to run 3 as part of Kaufmann's; will sell other 5 units. (May Department Stores) (Brief Article)
Jul 06, 1994 ... ST LOUIS -- May Department Stores has agreed to purchase eight stores from McCurdy & Co., Inc., effective Sept. 20. Three of those units will operate as part of May's Pittsburgh-based Kaufmann's chain. The company will sell the other five stores--four to Wilnorite ...
Schuette's Department Store to begin GOB sale Thursday. (going out of business sale) (Brief Article)
Jul 06, 1994 ... MANITOWOC, Wis. -- Schuette's Department Store, one of the nation's oldest family-owned department stores, is planning on closing its doors forever. The closing date has not yet been set. The 40,000-square-foot store, founded by John Schuette, Sr., in 1849, will ...
Vendome net down 1.6% in year; owns Alfred Dunhill, Sulka, Hackett and Cartier. (Company Profile)
Jul 06, 1994; ... LONDON (FNS) -- Vendome, the luxury goods group that owns Alfred Dunhill, Sulka, Hackett and Cartier, reported a 1.6 percent drop in after-tax profits to $259.9 million (345.7 million Swiss francs) on a 5.1 percent rise in sales to $1.95 billion (2.59 billion Swiss francs) for the year ...
Paris collections: Gaultier, Van Noten, Mugler look to the silver screen for inspiration. (Jean Paul Gaultier, Dries van Noten, Thierry Mugler)
Jul 06, 1994 ...Jean Paul Gaultier Just in case no one could tell that Jean Paul Gaultier was heralding a return to '40s-and '50s-style elegance and glamor for men's wear--a current movement in the women's wear market --clothes in his show on Saturday morning were overtly femmed up. His ...
FridayWear's big hangup at retail: where to sell it still stumps some stores. (men's casual business clothing)
Jul 07, 1994; ... Where to sell it still stumps some stores DALLAS -- FridayWear will be hitting the retail scene for spring in a growing storm of controversy -- where to hang it. In the marketplace, an increasing number of enthusiastic tailored clothing manufacturers are bridging the ...
Sixty retail CEOs average 8.9% compensation hike for 1993.
Jul 07, 1994; ... NEW YORK(FNS) -- The average compensation for 60 of the top retail CEOs rose 8.9 percent in 1993 to $904,920 from $830,744 in 1992. Of the group, 38 received a pay boost while 22 received cuts. Seven executives made at least $2 million: David C. Farrell, May Department Stores; ...
Edward Coll, 3d, leaves Tivolie, Comstock-Tivolie. (Brief Article)
Jul 07, 1994; ... NEW YORK-- Edward A. Coil, 3d, president of Tivolie Fashions, Inc., and co-president of Comstock-Tivolie, has resigned from his posts, DNR has learned. Responding to reports in the market, John Nano, chief financial officer at Sunkyong America, Tivolie's parent company, said ...
Crystal expects to close licensing deal today; with Salant over 2 labels. (Crystal Brands Inc., Salant Corp.) (Brief Article)
Jul 07, 1994 ... NEW YORK (FNS)- Crystal Brands, Inc., hopes to close the book today on its Gant and Salty Dog licensing deal with Salant Corp. by formally rejecting an earlier licensing deal with Remington Equities. Inc. The relationship between Crystal Brands and Remington has turned nasty ...
NLRB hits 10 N.J. dyers with 125 labor violations; related to 11-week strike. (National Labor Relations Board) (Brief Article)
Jul 07, 1994 ... NEWARK, NJ. (FNS) -- Fen New Jersey dyeing and finishing firms, which refused to allow 600 union workers to return to work on Jan. 11 after an 11-weekstrike, have been charged, in a complaint filed by the National Labor Relations Board, with more than 125 labor-law violations. ...
L. Karl Seman joins Barrow in V-P post. (Barrow Manufacturing Co.) (Brief Article)
Jul 07, 1994 ... NEW YORK -- L. Karl Seman has joined Barrow Mfg. Co., Winder, Ga., as vice-president of corporate sales, according to Jim Barron, market vice-president. Seman will be located at Barrow's headquarters in Winder. His post is a new one for the company, and Jack Sullivan continues ...
Paris collections: hailing from France, London, Belgium, Spain and Japan, Paris designers display an international penchant for pinstripes, a proclivity for club clothes and a talent for relaxed sportswear.
Jul 07, 1994 ... Dominique Morlotti Dominique Morlotti stuck to his signature detailing and staple silhouette for this summer collection. Although he drove his style slightly over the edge at times, he sent out some sexy cream-colored numbers such as the wide, pucker-striped, cuffed, highwaisted ...
Gore won't debate Nader on GATT pact. (Al Gore, Ralph Nader, General Agreement on Tariffs and Trade) (Brief Article)
Jul 07, 1994; ... WASHINGTON (FNS) -- Vice - President Al Gore Wednesday rebuffed a challenge by Ralph Nader to a televised debate on the world trade pact now being considered by Congress. Nader, who heads up various consumer advocacy groups, on Tuesday wrote a letter to Gore, stating that ...
Extend Guatemala probationary trade status; U.S. to continue investigations into anti-union charges. (Guatemala's preferential trade status and its clothing industry's alleged anti-union actions) (Brief Article)
Jul 07, 1994; ... WASHINGTON (FNS) -- The Clinton Administration has extended until fall the probationary status of Guatemala's preferential trade status to continue investigating allegations of anti-union actions in the nation's apparel industry -- now a significant source of U.S. Section 807 imports. ...
Textile technology: textile mills come clean on environment.
Jul 07, 1994; ... CHARLOTTE, N.C. -- Major textile firms say their aggressive environmental programs are aimed at exceeding current standards. But in a number of cases there is either no specific technology available to facilitate these programs or the technology that is available hasn't proven ...
New screenprinting techniques for acrylic fleece. (Fiber + Fabric Focus) (Brief Article)
Jul 07, 1994; ... NEW YORK -- As the fabric industry continues to deal with, and in some cases, take advantage of, the tight and/or expensive cotton and polyester situation with alternatives to these fibers, some answers are being found through new textile technologies. In this vein, the timing ...
Indonesian textile firm poised for global sales expansion. (Hadtex) (Fiber + Fabric Focus) (Brief Article)
Jul 07, 1994; ... As the rapidly changing face of the textile business becomes more and more global, some familiar faces turn up in some unfamiliar places. A case in point is John Walker, widely known in the U.S. and England as a fiber and textile executive, particularly as the president of ICI ...
Private status suits Uniblend Spinners. (management buyout) (Fiber + Fabric Notes) (Brief Article)
Jul 07, 1994; ... PRIVATE STATUS SUITS UNIBLEND SPINNERS. It has been nearly three months since a management group headed by Stanley Bean took the Uniblend Spinners division of United Merchants & Manufacturers private, and, according to Bean, now president of the new company, things are going very well. ...
New polyester POY plant to be built in Turkey. (partially oriented yarn) (Fiber + Fabric Notes) (Brief Article)
Jul 07, 1994; ... NEW POLYESTER POY PLANT TO BE BUILT IN TURKEY. The German engineering fire, Zimmer AG, has signed a contract to build a high-speed fiber spinning plant in Bursa, Turkey, where it earlier agreed to build a polyester ...
EVS pushes post-weave inspections; calls AMTEX's loom monitor unfeasible. (Elbit Vision Systems, American Textile Partnership)
Jul 07, 1994; ... GREENVILLE, S.C. - Elbit Vision Systems, an Israeli electronics company, is expanding its market outreach to the U.S. textile industry and broadening the capabilities of its automated fabric inspection system. EVS has established a working agreement with the Louis P. Batson ...
Skyrocketing silk prices put squeeze on tie firms; many may have to hike prices.
Jul 08, 1994; ... NEW YORK -- The continued rising costs of Italian silks is putting neckwear manufacturers in a bind. Neckwear manufacturers are planning to hold prices on their holiday silk lines, but many expect to hike wholesales by single- to double-digits when spring '95 collections open in ...
Name Bowman I. Magnin CEO; plans more emphasis on men's wear. (Scott Bowman selected to CEO)
Jul 08, 1994 ... NEW YORK -- Scott Bowman, I. Magnin's president and chief merchandising officer, has been promoted to CEO. He will retain the president's post. Bowman, who has a strong men's wear background, succeeds Joseph Cicio, who resigned his position with the West Coast specialty store ...
Hear Macy's board to nix Federated bid. (R.H. Macy & Co., Federated Department Store's bid to acquire the department store chain)
Jul 08, 1994; ... NEW YORK -- After mulling over Federated Department Stores' merger proposal for a week, R.H. Macy & Co.'s board of directors is reportedly still opposed to it and is expected to vote it down today. Meanwhile, Macy's bondholders, who have been backing Macy's standalone plan, ...
Remington Equities consents to end claims to Gant's neckwear license; solidifies Crystal's tie pact with Salant. (Crystal Brands Inc.) (Brief Article)
Jul 08, 1994; ... NEW YORK -- Crystal Brands, Inc., and its one-time tie licensee, Remington Equities, Inc., took a temporary break from their angry feud over Crystal's Gant neckwear license Thursday. During a bankruptcy court hearing here, Remington formally consented to Crystal Brands' motion ...
Tanger opens in North Georgia; its 24th outlet. (Tanger Factory Outlet Centers)
Jul 08, 1994; ... LOCUST GROVE, Ga. -- In a flurry of groundbreakings for its new outlet centers last month, Tanger Factory Outlet Centers put the spade in the soil in North Georgia and, with it, is helping to put sleepy Locust Grove on the map. The company held a ground-breaking ceremony for its ...
Sanibel aims for bigger bucks in men's wear. (Sanibel Factory Stores)
Jul 08, 1994; ... SANIBEL, Fla. (FNS) -- With 17 retailers that carry men's wear, the Sanibel Factory Stores here is poised to capture its share of the men's dollar. The outlet center, which is managed by Charter Oak Partners and opened in June of last year, is a strong contender for even more ...
Jamesway close to filing plan of reorganization. (Brief Article)
Jul 08, 1994 ... SECAUCUS, N.J. (FNS) -- Jamesway Corp., which is expected to file a Chapter 11 plan of reorganization next week, said it is close to signing a $100 million exit financing agreement. The discounter, which filed for bankruptcy court protection last July, said it hoped to wrap up ...
Avirex, Shokai reach 5-year licensing, distribution pact. (Ueno Shokai) (Brief Article)
Jul 08, 1994; ... 'NEW YORK -- Avirex has signed a five-year multimillion-dollar licensing and distribution deal with Ueno Shokai. The agreement comes after three years of negotiations with the Tokyo-based firm, which has been Avirex's Japanese trading partner since 1978. The deal ...
Pivot Rules retains IMG for licensing. (International Management Group) (Brief Article)
Jul 08, 1994; ... NEW YORK -- Pivot Rules has retained International Management Group (IMG) to develop and manage its worldwide licensing. "We expect that their representation will springboard us into a global presence," said Ken Seiff, Pivot's CEO. he added that, initially, the primary licensing ...
Howard W. Abroms. (Gitman's new national sales manager of neckwear) (Brief Article)
Jul 08, 1994 ... HOWARD W. ABROMS has joined GITMAN & CO. as national sales manager of neckwear, a newly created position. He reports ...
Rick Intile. (Bugle Boy Industries' new national sales manager) (Brief Article)
Jul 08, 1994 ... RICK INTILE has joined BUGLE BOY INDUSTRIES as national sales manager of the kids division. He succeeds Gerard deLisser, who left the firm ...
Paris collections. (men's fashion shows in Paris, France)
Jul 08, 1994 ...Jose Levy If all the world is a stage, Jose Levy made a global statement at the crumbling theater of the Bouffes des Nord with his bright, vividly hued fun clothing. Levy has changed his former cropped, curved and shrunken schoolboy silhouettes, opting for a cleaner, more ...
Paris collections; young designers leave their mark. (includes related article on fashion world figures)
Jul 08, 1994 ... Paris is increasingly an international city for fashionable men's wear. It has seen an increase in young designers, new designers and designers from abroad, including Germany, America and the UK. Here, some of the new faces to watch in Europe: * There was a very zen ...
Cotton drops in speculative selling, but growers say its temporary. (Gray Goods) (Column)
Jul 08, 1994; ... NEW YORK -- A sharp fall in cotton prices was termed temporary by Memphis cotton sources this week. December position has taken an unusually long drop in the past two weeks, going from $77.20 to $68.89 at mid-week. Cotton exectives told DNR it was all caused by ...
Fab net falls 19.6% in second quarter. (Fab Industries Inc.) (Brief Article)
Jul 08, 1994 ... NEW YORK (FNS) -- Citing a delay in orders, Fab Industries, Inc., a manufacturer of knitted textile fabrics and laces, reported second-quarter earnings fell 19.6 percent to $3.8 million, or 61 cents a share, from $4.7 million, or 76 cents, a year ago. Sales for the quarter ended ...
Eastman confirms acetate price hike. (Eastman Chemical Co.) (Brief Article)
Jul 08, 1994 ... NEW YORK -- Eastman Chemical Co. confirmed Thursday that prices for certain of the company's acetate yarns were increased, effective July 4. Prices for Estron natural yarns on section beams were increased 3 to 5 cents per pound. Prices for ...
Men's wear sales lose some steam in June; only a few big stores mentioned strong Dad's Day business.
Jul 08, 1994; ... NEW YORK (FNS) -- Despite Father's Day and warm weather in June, the men's wear business in general appeared to be weakening after many months of strong sales gains. Men's Wearhouse, long a front-runner in the comparable-store sales race, posted a lackluster 6.5 percent gain, ...
Bon-Ton completes purchase of 10-unit AM&A for $2M. (Bon-Ton Stores Inc., Adam, Meldrum & Anderson Co.) (Brief Article)
Jul 08, 1994 ... YORK, Pa. -- The Bon-Ton Stores, Inc., has completed its previously announced acquisition of Adam, Meldrum & Anderson Co., a 10-unit Buffalo-based department store chain. Bon-Ton acquired capital stock of the AM&A for $2 million in cash and the assumption of $40.6 million in ...