Michigan Younkers stores to close

Dept. of Labor notifies Herberger's employees in North Platte of closure

Court records show the liquidation sales must be completed by August 31st.

Wednesday, a bankruptcy court approved Bon-Ton's sale of all assets and a plan to wind down company operations. If the stores close, it would impact almost 300 local workers.

Giants releasing Brandon Marshall
The Ravens have been the team with the most interest in Bryant thus far and are now the oddsmakers' favorites to land him . Obviously, there would be some irony to Marshall joining the team that released the veteran that could replace him in NY .

Herberger's is part of the parent chain Bon-Ton Stores, which said earlier this week that will go out of business after liquidators had the winning bid for it in a bankruptcy auction.

Locally, sales will start Friday at Bon-Ton stores located at South Mall in Salisbury Township; Westgate Mall in Bethlehem; Palmer Park Mall in Palmer Township; and Richland Plaza outside Quakertown.

Puerto Rico loses power island-wide as electrical grid collapses
The island only has one electric company, and it was $9 billion in debt and utilizes old, outdated infrastructure and equipment. Just last week, 840,000 customers were left without power after two electrical lines failed, causing a massive blackout.

A total of 212 Bon-Ton stores will be liquidated by August 31. Two firms were recently put at the head of the liquidation process for all locations.

A news release from the owner of Valley View Mall in Onalaska expressed disappointment in the stores impeding closure, but also confidence in finding a replacement anchor store.

Allegiant Air Safety Called Into Question
On Sunday night, CBS aired a " 60 Minutes " segment on Allegiant Air that raised concerns about the low-priced airline's safety. The agency said it did a comprehensive review of Allegiant in 2016, finding no systemic safety or regulatory problems.

A joint venture composed of the holders of Bon-Ton Stores' 8.0% Second Lien Secured Notes due 2021 and Great American Group, and Tiger Capital Group, will acquire the inventory and certain other assets of the company.

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