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Certain information included in this press release contains
statements that are forward-looking within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements, which may be identified by words such as "may," "could,"
"will," "plan," "expect," "anticipate," "estimate," "project," "intend"
or other similar expressions, involve important risks and uncertainties
that could significantly affect results in the future and, accordingly,
such results may differ from those expressed in any forward-looking
statements made by or on behalf of the Company. Factors that
could cause such differences include, but are not limited to, risks
related to retail businesses generally; a significant and prolonged
deterioration of general economic conditions which could negatively
impact the Company, including the potential write-down of the current
valuation of intangible assets and deferred taxes; changes in the terms
of the Company's proprietary credit card program; potential increase in
pension obligations; consumer spending patterns, debt levels, and the
availability and cost of consumer credit; additional competition from
existing and new competitors; inflation; deflation; changes in the costs
of fuel and other energy and transportation costs; weather conditions
that could negatively impact sales; uncertainties associated with
expanding or remodeling existing stores; the ability to attract and
retain qualified management; the dependence upon relationships with
vendors and their factors; a data security breach or system failure; the
ability to reduce or control SG&A expenses; the incurrence of unplanned
capital expenditures; the ability to obtain financing for working
capital, capital expenditures and general corporate purpose; the impact
of new regulatory requirements including the Credit Card Accountability
Responsibility and Disclosure Act of 2009 and the Health Care Reform
Act; the inability or limitations on the Company's ability to favorably
adjust the valuation allowance on deferred tax assets; the financial
condition of mall operators; Mr. Bergren's continued willingness to
serve as chief executive officer; and the successful search for a new
chief executive officer. Additional factors that could cause the
Company's actual results to differ from those contained in these
forward-looking statements are discussed in greater detail under Item 1A
of the Company's Form 10-K filed with the
Vice
President
Investor and Public Relations
mkerr@bonton.com
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