Is Boscov’s closing stores?
READING (AP) — The troubled chain Boscov’s Department Store LLC filed for Chapter 11 bankruptcy protection on Monday, becoming the latest victim of a harsh consumer spending environment.
The Reading, Pa.-based department store chain said that it also will close 10 of its 49 stores.
Did Boscov’s go out of business?
Boscov’s Files for Bankruptcy. Boscov’s Inc., the department-store chain based in Reading, PA, filed for Chapter 11 bankruptcy protection in Wilmington, Delaware, citing decreased consumer spending. The privately-held company will immediately close 10 of its 49 stores.
What type of store is Boscov’s?
Ohio, where Boscov’s opened its first store in 2013, is the company’s newest market. Aside from its stores, Boscov’s sells its products online. With $1.2 billion in annual sales, Boscov’s, along with Belk and Dillard’s , is one of the nation’s largest family-owned department store chains.
When did Boscov’s open?