Economic Development

Low consumer spending continues to hamper The Bon-Ton Stores Inc., the owner and operator of the Boston Store chain.

Elite Sports Clubs announced that it has entered into an agreement to acquire Le Club, a health and fitness club located in Glendale.

Kyle Geis has been promoted to mortgage consultant at Waukesha State Bank. Geis will specialize in WHEDA loans and...

American Banker, a financial services publication, has ranked Milwaukee business law firm Godfrey & Kahn S.C. as the “Top Lead Legal Advisor” in Wisconsin.

Wisconsin credit unions grew net income by 83 percent in the first six months of 2012, compared with the same period last year, according to data compiled by the Wisconsin Department of Financial Institutions (DFI).

Milwaukee-based BMO Harris Equipment Finance Co. announced it has hired Jennifer Stamps to expand the company's equipment finance footprint to Houston, Texas.

Milwaukee-based Journal Communications Inc. has acquired all of the 3.3 million outstanding shares of its Class C common stock (4.5 million shares on a Class A-equivalent basis), all of which were owned by members and successors of the Grant Family.

Roadrunner Transportation Systems Inc. announced it has acquired all of the outstanding stock of Expedited Freight Systems Inc., a regional overnight less-than-truckload (LTL) provider based in Kenosha, for approximately $10 million plus an earnout over four years.

Milwaukee-based travel agency Funjet Vacations has acquired Boston-based travel agency TNT Vacations.

Sussex-based Quad/Graphics Inc. reported a second quarter net loss of $20.8 million, or 44 cents per share, compared with a net loss of $10.2 million, or 31 cents per share, in the same period a year ago.