The financially-ailing Bugle Boy clothing chain is closing its 215 stores across the U.S., including locations in Hamburg, Cheektowaga, Amherst and the Town of Niagara.
The privately-held Bugle Boy Industries filed for bankruptcy protection on Feb. 1 and has signed a letter of intent to be acquired by Perry Ellis.
A fashion powerhouse in the 1980s, Bugle Boy made a name for itself through its parachute pants, but in recent years its faced tough competition from more fashionable specialty retailers.
Liquidation sales will be held at its area stores, including its large-scale Bugle Boy Family Store in McKinley Mall, Hamburg, and stores at Prime Outlets USA, in the Town of Niagara, 1565 Niagara Falls Boulevard, Amherst, and 3755 Union Road in Cheektowaga.
Northwest Savings buys investment firm
The parent company of Jamestown Savings Bank has acquired through one of its subsidiaries Heritage Trust Co. of Erie, Pa.
Heritage, an independent investment management and trust company, will be acquired by Northwest Savings Bank. Both Northwest Savings and Jamestown Savings are owned by Northwest Bancorp of Warren, Pa.
Heritage will operate as the Heritage Trust Division of Northwest Savings Bank. Its current staff will become employees of Northwest and Heritage's board of directors will remain in place.