The retail apocalypse has claimed another victim.
One of the country's largest department store companies, Bon-Ton Stores Inc., plans to liquidate all 256 of its stores, which include Bon-Ton, Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's and Younkers.
A bankruptcy court judge approved the liquidation Wednesday.
The Bon-Ton Stores, a chain of department stores that trace its origins to 1854, applied for Chapter 11 bankruptcy protection in February but failed to find a buyer.
Bon-Ton has stores in 23 states and about 23,000 part-and full-time employees, according to its bankruptcy filing from February 4.
Lawyers for Bon-Ton did not respond to messages from CNNMoney. But the company, in its February court filing, blamed e-commerce as a prime culprit leading to its downfall.
"Bon-Ton, with a significant geographic operating footprint and operating presence, is dependent on store traffic, which has decreased as customers shift increasingly toward online retailers," said the company.
In addition to e-commerce, the company said it's also getting squeezed by anchor store competitors like JCPenney, Kohl's and Macy's.
Bon-Ton is not alone. While Amazon is thriving, and has even expanded into physical stores, some brick-and-mortar giants are struggling.
The retail industry is struggling through intense financial stress.
Moody's said in a report earlier this month that retail sector defaults hit a record high during the first three months of 2018. The rise of e-commerce and the downfall of malls is largely to blame.