Boscov's

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Boscov's
Private
Industry Retail
Founded 1911
Headquarters Philadelphia, Pennsylvania, U.S.
Number of locations
50
Key people
Albert Boscov, Chairman & CEO
Products Clothing, footwear, bedding, furniture, jewelry, beauty products, candy, household goods, toys, decor, small appliances
Revenue $1.051 billion USD (2006)
Website www.boscovs.com

Boscov's is a department store with 50 locations throughout the eastern United States.[1] The current company chairman is Albert Boscov.

History[edit]

Solomon "Sol" Boscov was of Jewish descent, he emigrated to Reading, Pennsylvania in 1902.[2] He had $1.37 in cash on arrival in the United States.[2] He worked as a traveling salesman with an initial $8 worth of merchandise. Because he spoke Yiddish, he was able to converse with those people in Berks County who spoke Pennsylvania Dutch.[2] Solomon's fortunes changed in 1911 when he opened the first Boscov's store in Reading to much fanfare.[3] With growing notoriety, Boscov's began expanding in the Pennsylvania suburbs through the 1940's. As early as 1948, Boscov's had five stores, 2,200 workers, and annual sales exceeding $50 million.[4] Solomon Boscov retired and was succeeded by his son Albert "Albie" Boscov as head of the company in 1950.[4] [5]

Today[edit]

In October 2011, Boscov's opened a new store at the Monmouth Mall in Eatontown, New Jersey in a former A&S space. This marked the first expansion for the company since the great recession. In November 2011, Boscov's announced plans to open a location at the White Marsh Mall in White Marsh, Maryland. The location opened on October 5, 2012. On May 15, 2012, Boscov's announced it would be opening a location in the Woodbridge Center Mall in Woodbridge, New Jersey in a former Fortunoff space.[6] Boscov's opened a new Ohio location at the Ohio Valley Mall in October, 2013.[7] In October, 2015, Boscov's opened a new Hartford, Connecticut store at the Westfield Meriden Mall in a former JCPenney space.[8] In Fall 2016, Boscov's plans to open a new Central New York store in the Sangertown Square Mall.

References[edit]

  1. ^ http://www.boscovs.com/static/about_boscov/history.html.  Missing or empty |title= (help); External link in |website= (help);
  2. ^ a b c Berksiana. Charles Schuyler Castner. 1976. Page 321
  3. ^ Berksiana. Charles Schuyler Castner. 1976. Page 319
  4. ^ a b Berksiana. Charles Schuyler Castner. 1976. Page 323
  5. ^ "About Boscov's Department Stores". Boscovs.com. Retrieved 2011-01-28. 
  6. ^ "Boscov's to Open in Woodbridge Center Next Year". Woodbridge, New Jersey Patch. Retrieved 14 September 2014. 
  7. ^ http://www.theintelligencer.net/page/content.detail/id/581034/Boscov-s-Coming-to-Ohio-Valley-Mall.html?nav=515
  8. ^ Courant, Hartford. "Boscov's Department Store To Open At Meriden Mall, Adding 300 Jobs". Retrieved 2015-09-21.