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TheStreet Open House

The Bon-Ton's CEO Presents At Goldman Sachs Nineteenth Global Retailing Conference (Transcript)

The Bon-Ton Stores, Inc. (BONT)

Goldman Sachs Nineteenth Global Retailing Conference Transcript

September 5, 2012 9:35 AM ET

Executives

Brendan Hoffman - President and CEO

Keith Plowman - EVP and CFO

Mary Kerr - VP, Public and IR

Analysts

Adrianne Shapira - Goldman Sachs

Karen Eltrich - Goldman Sachs

Presentation

Adrianne Shapira - Goldman Sachs

All right, I think we are about ready to get started with our next presentation. Bon-Ton should be on everybody's radar screen as their regional department store being revitalized, with about 270 stores in 23 states, primarily in the Northeast and Midwest, it's got a tremendous agent of change, new management. While he doesn't look that old, Brendan has been around the block a few times, at Lord & Taylor and Neiman Marcus, back in Lord & Taylor and now President and CEO of Bon-Ton.

Brendan along with his CFO, Keith Plowman and --

Karen Eltrich - Goldman Sachs

Mary Kerr.

Adrianne Shapira - Goldman Sachs

Mary, sorry – are going to share their exciting plans for Bon-Ton.

Brendan Hoffman

Thank you, Adrianne. And we're really pleased to be here today and I already have had the chance to meet with some of you and look forward to meeting with more of you over the course of the day.

So I just thought I'd take a few minutes just to kind of update you, on what I've seen, I've been in the company now for exactly seven months and really spent that time trying to get around to see as many stores as possible, trying to understand the business, trying to learn the language because Bon-Ton, like all retailers, kind of have their own unique language.

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