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TON a.s. history
TON a.s. company history timeline
The current name TON originates from 1953 and is an acronym for the Czech Továrny na ohýbaný nábytek, ‘bentwood furniture factories’ in English.
Two years later, the company moved outside Pennsylvania, acquiring Eyerly's in Hagerstown, Maryland, and in 1957 purchasing McMeen's in Lewistown, Pennsylvania.
The 1960 International System builds on the MKS system.
In 1961, M. S.'s son, M. Thomas "Tim," entered the business, representing the fourth generation of Grumbachers.
They also started a discount chain, Mailman's, and, in 1969, retired the McMeen's name.
When Tim Grumbacher was made CEO in 1985, the company operated 18 stores in four states.
The company began the decade by changing its logo in 1990 and completing the integration of the Pomeroy units.
Women's clothing was the largest merchandise category, representing 30.5 percent of net sales in fiscal year 1990.
In 1991, the company, S. Grumbacher & Son, changed its own name to The Bon-Ton Stores, Inc. and went public, selling four and a half million shares on the NASDAQ market.
In 1993, the company closed more stores than it opened and comparable store sales had a loss, a first for the company.
Late in 1995, Bon-Ton opened a 75,000 square foot store in Elmira, New York.
Excluding those charges, net income for 1995 was $200,000 or $0.02 per share.
However, the restructuring at the end of 1995, merchandise changes (including private brands and home furnishings), continued customer services, and centralized functions able to support a large store base appeared to place the company in a good position.
Rachel Knowles26 December 2014 at 13:54Thank you for the information.
On May 20, 2019, the CGPM redefined the kilogram, the ampere, the mole, and the kelvin in terms of fundamental physical constants.
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Zippia gives an in-depth look into the details of TON a.s., including salaries, political affiliations, employee data, and more, in order to inform job seekers about TON a.s.. The employee data is based on information from people who have self-reported their past or current employments at TON a.s.. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by TON a.s.. The data presented on this page does not represent the view of TON a.s. and its employees or that of Zippia.
TON a.s. may also be known as or be related to TON a.s. and Ton A.s.