Quick Wins by the Algorithm: The Bon-Ton Stores, Inc.

Quick Wins by the Algorithm

The Bon-Ton Stores, Inc. (BONT)

The Bon-Ton Stores, Inc. (BONT) owns 267 stores, offering a wide range of brand fashion apparel, accessories, as much as cosmetics and furniture. Its corporate headquarters are located in York, Pennsylvania and Milwaukee in Wisconsin. Bon-Ton Stores produces qualitative products for any taste, offering comparatively good prices to its customers. Last month BONT saw its fast shares raise that had been successfully predicted by I Know First artificial intelligence algorithm. At the present moment, BONT’s stock is up more than 61% in the past one-month time frame and keeps rising up. As we can see from the forecast the BONT’s signal was 3.34 with the predictability of 0.26, which brought a return of 42.31 during 2 weeks.

Quick Wins

The company has announced that it starts a new season with a compelling assortment of merchandise from its spring collection. On March 12 there were New & Now exclusive fashion shows conducted in 10 cities across the United States, presenting BONT’s brand new products. fashion-300337_1920New collection presents five fashionable looks. Among them, 70’s revival, white hot, feminine florals, shades of blue, and bold and graphic prints, patterns and stripes. “Our customers will also be able to experience these trends in person at our New & Now runway fashion shows in March and April,” said Hiede Gaspard, senior vice president, general merchandise manager, women’s apparel. All fresh products will be available for purchase starting from March 17 and will be presented in-store, in the spring fashion mailer and on the company’s official website.

Besides, the company is organizing Bon-Ton Goodwill Sale in the middle of the March, encouraging its customers to clean out their houses and donate clothes and any other items to their local Goodwill organizations. All donated items will be sold in Goodwill store. Raised funds will be used for funding job placement and training programs for those, facing challenges in finding employment in their community. Thus, Bon-Ton Stores brings great revenues this year, presenting amazing spring collection and engaging in charity activities. Looks like it worth investing into BONT this spring.