Under Armour is owed $1.4 million in the bankruptcy of Bon-Ton Stores. Others in the active space with large unpaid bills include Hanesbrands, Perry Ellis, Skechers and Deckers Brands.

The list of the top 40 unsecured creditors follows:

  1. Spark Foundry, Chicago, $8.75 million;
  2. Estee Lauder, $5.07 million;
  3. Hanesbrands, $3.63 million;
  4. Keurig Green Mountain, $3.5 million;
  5. Michael Kors, $2.82 million;
  6. Perry Ellis, $2.36 million;
  7. Ralph Lauren, $2.2 million;
  8. Nine West, $2.15 million;
  9. RACM, Milwaukee, $1.9 million;
  10. Under Armour, $1.58 million;
  11. Marc Fisher, $1.38 million;
  12. Nuwave, $1.25 million;
  13. Elizabeth Arden, $1.11 million;
  14. G-III Leather Fashion, $1.03 million;
  15. Indo Count Global, New York City, $978,460;
  16. Chicago Tribune, $977,060;
  17. Levi Strauss, $964,718;
  18. Skechers USA, $910,131;
  19. Constellation Newenergy, $878,378;
  20. Conversant, $876,549;
  21. Deckers Outdoor (Teva), $855,642;
  22. Uncas International, Philadelphia, $829,485;
  23. Oakdale Mall II, $818,542;
  24. Famma Group, Vernon, CA, $798,599;
  25. Samsonite, $770,163;
  26. Collection XIIX, New York City, $769,148;
  27. Oxford Industries, $735,495;
  28. Select Brands, $735,163;
  29. Fossil, $686,206;
  30. My Pillow, $657,010;
  31. Shiseido Cosmetics, $655,475;
  32. Kayser Roth Corp., $650,648;
  33. Byer California, $647,197;
  34. Capital Building Services, Lake Zurich, IL, $638,671;
  35. Notations, Warminster, PA, $626,910;
  36. Coty Prestige, $618,933;
  37. William Carter Co., $612,410;
  38. Keeco, Hayward, CA, $610,315;
  39. BT Multi LLC (c/o WP Carey), $600,327
  40. LJ Accessories, Maitiland, FL, $587,539.

Bon-Ton on Sunday filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for Delaware, becoming the largest retailer to do so this year. The company said it is seeking a buyer for pieces or all of the business.

Bon-Ton received a commitment of $725 million in debtor-in-possession financing to operate during the restructuring process.

The company operates 260 stores in 24 states, largely in the Northeast and Midwest. Banners include Bon-Ton, Boston Store, Carson’s, Younkers, Herberger’s and Elder-Beerman. In a recent regulatory filing, Bon-Ton was in talks with debt holders about restructuring its $1 billion in debt. In November, it said that it would shut dozens of stores in 2018, and last week specified the 42 locations across the country, most of them in Wisconsin, Pennsylvania, Illinois and Indiana, set to close.

Like many department stores, Bon-Ton has been impacted by the shift to online selling. In the nine weeks ended December 30, same-store sales at Bon-Ton fell 2.9 percent, underperforming the department store sector. In the third quarter, same-store sales slumped 6.6 percent.

Bon-Ton recently released a turnaround plan that called for an expansion of private-label offerings, refreshing the overall store layout and growing its e-commerce business.

Photo courtesy Bon-Ton Stores