Bon-Ton
Online retailer and department store Bon-Ton might have stuck around for a century, but it is time to say goodbye. The store applied for bankruptcy in the past year and then liquidated its stores. In 2018, however, it reopened for e-commerce and relaunched a few stores. They had great success in the beginning since they operated in small towns with little competition. Amazon, of course, changed that.
Tops Market
A company often applies for bankruptcy when it fails to keep up with the changing interests of its consumers. This was what happened to Tops Market, the grocery chain based on the East Coast. Even though it filed for bankruptcy protection, people in New York, Vermont, and Pennsylvania can still go to the store since it is planning to keep operations running in these states.