Boscov's

Boscov's
Private
Industry Retail
Founded 1911
Headquarters Reading, 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/games, 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

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 1940s. 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

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 opened a store in the Sangertown Square Mall in New Hartford, New York.

References

  1. ↑ "About Boscov's Department Stores". Boscov's. Retrieved November 23, 2016.
  2. 1 2 3 Berksiana. Charles Schuyler Castner. 1976. Page 321
  3. ↑ Berksiana. Charles Schuyler Castner. 1976. Page 319
  4. 1 2 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.
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