To install click the Add extension button. That's it.

The source code for the WIKI 2 extension is being checked by specialists of the Mozilla Foundation, Google, and Apple. You could also do it yourself at any point in time.

4,5
Kelly Slayton
Congratulations on this excellent venture… what a great idea!
Alexander Grigorievskiy
I use WIKI 2 every day and almost forgot how the original Wikipedia looks like.
Live Statistics
English Articles
Improved in 24 Hours
Added in 24 Hours
What we do. Every page goes through several hundred of perfecting techniques; in live mode. Quite the same Wikipedia. Just better.
.
Leo
Newton
Brights
Milds

From Wikipedia, the free encyclopedia

G. R. Herberger's Inc.
Herberger's
Subsidiary
IndustryRetail
FateBankruptcy
Founded1927 (91 years ago) (1927) (original); 2018 (0 years ago) (2018)
FounderG. R. Herberger
HeadquartersSt. Cloud, Minnesota, United States
ProductsClothing, footwear, bedding, furniture, jewelry, beauty products, housewares
OwnerSaks, Inc. (1997–2006)
The Bon-Ton (2006–2018)
CSC Generation (2018-present)
ParentBon-Ton (2018-present)
Websitewww.herbergers.com

G. R. Herberger's Inc. was a department store chain founded in 1927 with locations throughout the Midwestern United States. The chain was sold in the late 1990s amid growing consolidation in the department store industry, while continuing to operate as a separate nameplate and later sharing a corporate division headquartered in Milwaukee, Wisconsin, with Carson's, Bergner's and other regional chains by the close of the century. The company's parent company Bon-Ton filed for bankruptcy in 2018 and liquidated.

YouTube Encyclopedic

  • 1/1
    Views:
    165 454
  • The Decline of Bon-Ton...What Happened?

Transcription

History

Herberger's previous logo used until January 2004. The store now shares the six-hexagon logo carried by most Bon-Ton divisions.
Herberger's previous logo used until January 2004. The store now shares the six-hexagon logo carried by most Bon-Ton divisions.

Herberger's began in Osakis, Minnesota, when G.R. "Bob" Herberger opened his first store in 1927. Herberger's was incorporated for the purpose of acquiring additional stores and expanding into other communities in 1943. By 1972, it grew to 11 stores in four states, with its headquarters in downtown St. Cloud, Minnesota. G. R. Herberger's, Inc., by then an employee-owned company, merged with Proffitt's Inc. in 1997 in stock deal valued at approximately $160 million.

As Proffitt's Inc. evolved into Saks Incorporated with the company's acquisition of Saks Fifth Avenue, Herberger's eventually became part of the corporation's Northern Department Store Group, an assortment of store locations initially acquired by Proffitt's Inc. as Carson Pirie Scott & Company. On October 31, 2005, Saks announced that it was selling Herberger's and its other Northern Department Store Group stores (Carson Pirie Scott, Bergner's, Boston Store, and Younkers) to Bon-Ton Stores in a $1.1 billion deal; the transaction was completed on March 6, 2006.[1]

An open Herberger's in Rapid City, South Dakota and its going out of business sale a few months later.

Bon-Ton announced on April 17, 2018, that they would be closing doors and began liquidating all 267 stores after two liquidators, Great American Group and Tiger Capital Group, won an auction for the company. The bid was estimated to be worth $775.5 million. This included all remaining Herberger's locations after 91 years of operation. According to national retail reporter Mitch Nolen, stores were closed within 10 to 12 weeks.[2][3]

According to the Fargo INFORUM newspaper, the Herberger's website has returned online with the text "Herberger's is coming back". According to the article, this coincides with the last location being closed as of August 31. The article did not disclose the financing or ownership of the brand or if the retirement liabilities of former employees remains lost after the transfer of assets.[4]

A Herberger's location in Roseville, Minnesota with the old logo.
A Herberger's location in Roseville, Minnesota with the old logo.

Herberger’s was relaunched when CSC Generations purchased Bon Ton, Inc. and their associated brands and customer lists. On October 1, 2018, it was revealed that multiple Herberger's locations would potentially open or reopen around Minnesota, with the first store likely being in Rochester.[5]

References

  1. ^ "Archived copy". Archived from the original on 2007-03-11. Retrieved 2006-03-08.
  2. ^ "Bon-Ton Stores to close (report)". syracuse.com. Retrieved 2018-04-17.
  3. ^ "Liquidators to wind down US department store chain Bon-Ton". CNBC. Retrieved 2018-04-18.
  4. ^ "Back in business? Herberger's announces comeback days after closing all stores nationwide". inforum.com. Retrieved 2018-08-31.
  5. ^ "Buyer of Herberger's and other Bon-Ton brands lays out revival plan". Star Tribune. Retrieved 2018-10-01.

External links

This page was last edited on 8 November 2018, at 11:57
Basis of this page is in Wikipedia. Text is available under the CC BY-SA 3.0 Unported License. Non-text media are available under their specified licenses. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc. WIKI 2 is an independent company and has no affiliation with Wikimedia Foundation.