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US department store chain Bon-Ton files for bankruptcy

It is on track to shutter 47 stores across the country, mostly in Illinois, Indiana, Pennsylvania and Wisconsin

New York 

BON-TON Stores Inc said on Sunday that it filed for bankruptcy protection to restructure its debt and explore a potential sale, making it the first major US brick-and-mortar retailer to do so this year.

Department store operators have been struggling to fend off online...

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