Boscov's

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Boscov's
Type Private
Founded 1911
Headquarters Flag of the United States Reading, Pennsylvania
Key people Kenneth S. Lakin, Chairman & CEO
Burton Krieger, President and Chief Merchandising Officer
Industry Retail
Products Clothing, footwear, bedding, furniture, jewelry, beauty products, and housewares.
Revenue $1.051 billionUSD (2006)
Website http://www.boscovs.com/

Boscov's is an American department store founded by Solomon Boscov in 1911. The first store was in Reading, Pennsylvania, and today 50 additional stores are spread throughout the Mid-Atlantic states of Pennsylvania, New Jersey, Maryland, New York, Delaware, and Virginia.

Boscov's, the largest family-owned department store in the United States, has yearly revenue of over $1 billion. The chain of stores competes with the prices and products of The Bon-Ton. In some cities, Boscov's now competes with J.C. Penney, Macy's and Sears. The stores feature merchandise not normally seen in modern department stores, such as toys, greeting cards, and candy.

The current company chairman is Kenneth S. Lakin, who took the job upon the retirement of Albert R. Boscov.

Boscov's, along with Belk, is one of the last family-owned department store chains in the United States. Many of the stores still offer many of the traditional service departments that others have given up years ago, such as a customer service desk, candy department, toy department, sporting goods, optical, travel bureau. Eight stores include in-store restaurants called The Greenery.

Boscov's still operates two downtown department stores in Binghamton, NY, and Wilkes-Barre, Pennsylvania.

The company, along with Philadelphia station WPVI-TV, is an annual title sponsor of the 6abc Boscov's Thanksgiving Day Parade in Philadelphia, having taken over when Gimbels Department Stores went out of business.

Contents

[edit] History

Solomon Boscov came to Reading, Pennsylvania in 1911 and worked as a traveling salesman with an initial $8 worth of merchandise. The first Boscov's was founded in downtown Reading and began opening satellite stores in the Reading suburbs in the 1960s. Boscov's began opening stores in nearby counties starting with the Lebanon, Pennsylvania store in 1972. [1]

[edit] Locations

Boscov's in Downtown Binghamton, New York
Boscov's in Downtown Binghamton, New York

[edit] Delaware

[edit] Maryland

[edit] New Jersey

[edit] New York

[edit] Pennsylvania

[edit] Virginia

[edit] Former stores

[edit] New Jersey

  • Willingboro: Willingboro Plaza - (former Pomeroy's and Ports of the World, closed 1990, demolished)

[edit] Pennsylvania

[edit] References

  1. ^ About Boscov's Department Stores
  2. ^ Boscov's Store Directory, Boscovs.com, 04 Oct 2007.
  3. ^ Boscov's Store Directory, Boscovs.com, 04 Oct 2007.
  4. ^ Simon to redevelop Nanuet Mall, Lohud.com, 22 Feb 2008.
  5. ^ Boscov's Store Directory, Boscovs.com, 04 Oct 2007.
  6. ^ Boscov's Store Directory, Boscovs.com, 04 Oct 2007.
  7. ^ Boscov's Store Directory, Boscovs.com, 04 Oct 2007.
  8. ^ Boscov's Store Directory, Boscovs.com, 04 Oct 2007.
  9. ^ Boscov's Store Directory, Boscovs.com, 04 Oct 2007.
  10. ^ Boscov's Store Directory, Boscovs.com, 04 Oct 2007.