(Source: Business Wire)

The Bon-Ton Stores, Inc. (NASDAQ: BONT) today announced the
Company will begin to operate in late October fine jewelry departments
in 86 of its nameplate stores, having signed a multi-year agreement with
certain suppliers. Prior to this, Finlay Fine Jewelry Corporation
("Finlay"), through a license agreement, was responsible for operating
the fine jewelry departments. Bon-Ton expects to have a full assortment
of merchandise in its fine jewelry departments for the 2009 holiday
selling season.
The Company also announced that former Finlay store associates in good
standing will be offered an equivalent level position in these stores.
Benefits will be provided for eligible associates according to Bon-Ton's
benefit programs.
Bud Bergren, President and Chief Executive Officer, commented, "We are
very excited about this new endeavor in fine jewelry. We believe
internally operating and building this destination business will provide
increased sales and profits as well as drive traffic into our stores.
Fine jewelry is an important business for us as our customers look to
Bon-Ton for distinctive styling, quality and value in fine jewelry. We
believe this initiative will reinforce our position as a destination for
a compelling overall assortment for our customers and strengthen our
Company for the long-term."
The Bon-Ton Stores, Inc. operates 279 stores, including 12 furniture
galleries, in 23 states in the Northeast, Midwest and upper Great Plains
under the Bon-Ton, Bergner's, Boston Store, Carson Pirie Scott,
Elder-Beerman, Herberger's and Younkers nameplates and, in the Detroit,
Michigan area, under the Parisian nameplate. The stores offer a broad
assortment of brand-name fashion apparel and accessories for women, men
and children, as well as cosmetics and home furnishings. For further
information, please visit the investor relations section of the
Company's website at http://investors.bonton.com.
Certain information included in this press release contains statements
that are forward-looking within the meaning of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements, which
may be identified by words such as "may," "could," "will," "plan,"
"expect," "anticipate," "estimate," "project," "intend" or other similar
expressions, involve important risks and uncertainties that could
significantly affect results in the future and, accordingly, such
results may differ from those expressed in any forward-looking
statements made by or on behalf of the Company. Factors that could cause
such differences include, but are not limited to, risks related to
retail businesses generally; a significant and prolonged deterioration
of general economic conditions which could negatively impact the
Company, including the potential write-down of the current valuation of
intangible assets and deferred taxes; changes in the terms of the
Company's proprietary credit card program, potential increase in pension
obligations; consumer spending patterns, debt levels, and the
availability and cost of consumer credit; additional competition from
existing and new competitors; inflation; changes in the costs of fuel
and other energy and transportation costs; weather conditions that could
negatively impact sales; uncertainties associated with expanding or
remodeling existing stores; the ability to attract and retain qualified
management; the dependence upon relationships with vendors and their
factors; a security breach; the ability to reduce SG&A expenses; the
incurrence of unplanned capital expenditures; the ability to realize the
expected benefits from our planned changes in operating structure and
the ability to obtain financing for working capital, capital
expenditures and general corporate purposes. Additional factors that
could cause the Company's actual results to differ from those contained
in these forward-looking statements are discussed in greater detail
under Item 1A of the Company's Form 10-K filed with the Securities and
Exchange Commission.
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