Since early February, Bon-Ton Stores, Inc., the Elder-Beerman stores parent company, has been mired in Chapter 11 bankruptcy. MORE : Customers push back on DP&L rate hike request The group acquired the bankrupt retailer's assets last month after submitting a winning bid to a U.S. bankruptcy court. "All told, the retail real estate assets include 157 department stores at regional malls, 39 locations in open-air shopping centers, 16 freestanding stores, as well as nine furniture galleries and two clearance stores," A&G said.