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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
(AMENDMENT NO. 1)
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): June 20, 2005
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THE BON-TON STORES, INC.
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(Exact Name of Registrant Specified in Charter)
Pennsylvania 0-19517 23-2835229
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(State or Other (Commission File (I.R.S. Employer
Jurisdiction of Number) Identification No.)
Incorporation)
2801 E. Market Street
York, Pennsylvania 17402
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(Address of Principal Executive Offices) (Zip Code)
Registrants telephone number, including area code: (717) 757-7660
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e4(c))
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This Report on Form 8-K/A amends and supplements the Report on Form 8-K
filed by The Bon-Ton Stores, Inc. on June 23, 2005 (the "Report on Form 8-K") in
connection with the sale of its private label credit card accounts and the
related accounts receivable. The Report on Form 8-K is being amended and
supplemented solely to provide additional information required by Item 2.05.
ITEM 2.05. COSTS ASSOCIATED WITH EXIT OR DISPOSAL ACTIVITIES.
Effective on or about November 1, 2005, Bon-Ton will implement its
previously announced plan to cease operation of its corporate credit center and
to eliminate nearly all corporate credit positions. This plan will impact
approximately 84 Bon-Ton associates. Bon-Ton anticipates that the cessation of
credit operations and the elimination of corporate credit positions will be
completed by February 1, 2006. In connection with this action, Bon-Ton
determined, on August 17, 2005, that it will incur charges and future cash
expenditures related to one-time termination benefits of approximately $587,000
and contract termination costs of approximately $200,000.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
The Bon-Ton Stores, Inc.
By: /s/ Keith E. Plowman
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Keith E. Plowman
Senior Vice President, Chief Financial
Officer and Principal Accounting Officer
Dated: August 19, 2005