Boscov's

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Boscov's
Private
Industry Retail
Founded 1911 (106 years ago) (1911)
Founder Solomon Boscov
Headquarters Reading, Pennsylvania, U.S.
Number of locations
50
Key people
Jim Boscov, Chairman & CEO
Products Clothing, footwear, bedding, furniture, jewelry, beauty products, candy, household goods, toys/games, decor, small appliances
Revenue $1.051 billion USD (2006)
Website www.boscovs.com

Boscov's is a family-owned department store with 50 locations in the eastern United States.[1] The current company chairman is Jim Boscov, who took over after his uncle Albert Boscov died in February 2017.

History[edit]

Solomon "Sol" Boscov was of Jewish descent, he immigrated 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 1960s. As early as 1968, 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 1960.[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 of 2008 when the company filed for chapter 11 bankruptcy. 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 October 2016, Boscov's opened a store in the Sangertown Square Mall in New Hartford, New York, in a former Sears space.

Albert Boscov, the son of Solomon Boscov, died on February 10, 2017, at the age of 87.

In 2017, Boscov's opened a store at Millcreek Mall in Erie, Pennsylvania, in a recently shuttered Sears space.[9]

Locations[edit]

Connecticut[edit]

Delaware[edit]

Maryland[edit]

New Jersey[edit]

New York[edit]

Ohio[edit]

Pennsylvania[edit]

References[edit]

  1. ^ "About Boscov's Department Stores". Boscov's. Retrieved November 23, 2016. 
  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 January 28, 2011. 
  6. ^ "Boscov's to Open in Woodbridge Center Next Year". Woodbridge, New Jersey Patch. Retrieved September 14, 2014. 
  7. ^ "Boscov's Coming to Ohio Valley Mall". The Intelligencer. Retrieved November 23, 2016. 
  8. ^ Courant, Hartford. "Boscov's Department Store To Open At Meriden Mall, Adding 300 Jobs". Retrieved September 21, 2015. 
  9. ^ "Boscov's to open new store at Millcreek Mall". YOURERIE. 2016-12-07. Retrieved 2017-01-11.