Elder-Beerman increases sale discounts as it nears shutting down

Elder-Beerman has announced deeper discounts as its parent company Bon-Ton moves into the last month of liquidation for all of its brands.

Elder-Beerman has announced sales between 60 and 80 percent storewide. The company that started in Dayton is also offering 10 percent off an entire purchase at checkout through Aug. 31, the last day of liquidation sales.

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Here are some discounts customer’s can find at their local Elder-Beerman, according to the company’s Twitter account:

Items with prices reduced 80 percent:

• Outerwear

Items with prices reduced 70 percent:

• Fine jewelry

Items with prices reduced 60 percent:

• Boys and girls clothing

• Luggage

• Men’s apparel

• Housewares

• Shoes

• Sleepwear

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There are some exclusions to the storewide sales including:

• Handbags at 40 percent off

• Watches at 50 percent off

• Fragrances at 30 percent off

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Several store managers at Dayton-area stores including those at the Mall at Fairfield Commons and Dayton Malls said they have heard they will remain open until the Aug. 31 deadline. But other stores nationwide are expected to close before then.

Scott Carpenter, vice president of retail solutions for the Great American Group, the company hired to liquidate Bon-Ton stores, said some stores could begin closing as early as three to four weeks from July 2. This news organization has reached out to Carpenter to see if and how many stores have closed since then.

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“As we increase discounts, the sales velocity will increase and stores will begin to run out of merchandise,” Carpenter said on July 2. “Since we are not getting any more product, stores will begin to close as they run out of merchandise.”

There are Elder-Beerman locations in Piqua, Huber Heights and Kettering as well as the region’s two largest malls: Dayton Mall and the Mall at Fairfield Commons.

This news organization has reached out the the Great American Group for more information about the last month of liquidation.


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