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Elder-Beerman - The history
In 1883, Elder-Beerman history started when Thomas Elder, William Hunter, Jr., and Russell Johnston opened the Boston Dry Goods Store on East Third Street in downtown Dayton, Ohio selling textiles, clothing, and groceries. In 1896, the store moved to a new 11-story skyscraper, the Reibold Building, at the corner of Fourth and Main streets; it operated there as the Elder & Johnston Company department store for over 60 years.
The Bon-Ton acquired Elder-Beerman in 2003. Bon-Ton stepped in offering more cash for outstanding stock when Elder-Beerman had exited bankruptcy and was in talks to go private.
The Bon-Ton started re-branding many Elder-Beerman stores to some of its other nameplates. Several in Michigan and Indiana have been converted to Carson's or Younkers. This re-branding decreased the number of Elder-Beerman stores to 37 in 2012.
In March 2017, Elder-Beerman began in-store "Close to Home" shops selling locally-made and themed products, an initiative being rolled out throughout Bon-Ton's nameplates, in its Dayton Mall, The Mall at Fairfield Commons, Huber Heights and Kettering stores in the Dayton area. In April 2017, a "Close to Home" shop was begun at the Eclipse Center store in Beloit, Wisconsin.
