- people on the move
Department store closing doors
A department store at a mall in the area is closing.
Milwaukee-based Bon-Ton Stores, Inc. is shuttering the Younkers store at the RiverTown Crossings in Grandville, at 3668 Rivertown Pkwy., along with three other Michigan stores, according to a Worker Adjustment and Retraining Notification letter the company sent the state.
The move affects 163 employees at the Grandville location.
The store will close later this year, following the company’s filing for bankruptcy on Feb. 4.
Bon-Ton is continuing operations as it completes its court-supervised restructuring process, and executives are working to sell the company.
The company and a group of investors are in the process of finalizing an asset purchase agreement in advance of an auction scheduled for April 16.