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These stores would later be re-branded as Boscov's sometime in the mid-1990s. In 1983, Boscov's leased the Fowler's department store building and opened the next year in downtown Binghamton, New York. [13] In August 2002, Boscov's opened a store at the Berkshire Mall in Wyomissing, replacing a Strawbridge's store. [7] As a result, the Boscov's ...
Albert Boscov (September 22, 1929 – February 10, 2017) was an American businessman and philanthropist. He was the long-time head of Boscov's Department Stores and served as the company's chairman and CEO until retiring in 2015.
In 2006, Hecht's was converted to Macy's due to Macy's parent company (Federated Department Stores) having acquired Hecht's parent company (May Department Stores) in 2005. In 2008, Boscov's filed for Chapter 11 Bankruptcy, causing 10 stores to close, the Harrisburg Mall location being one of them. [6] The building has been vacant since.
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. [1]
The Strawbridge's became Macy's in 2006 after Federated Department Stores acquired May Department Stores in 2005. [14] A former pet store in the Sears court was demolished and replaced with a Barnes & Noble In 2009. In 2015, the mall began a small renovation starting with signage at mall entrances, the main sign and an expansion of the Boscov's.
The location was Boscov's first in Connecticut as well as the New England region. Boscov's opened in November 2015. [8] [9] The dawn of the 2020s saw several storied traditional department store retailers change their brick-and-mortar approach after encroachment by digital retailers and in addition to the COVID pandemic.
Jim Boscov, chairman and CEO of Boscov’s, holds a press conference at Boscov’s in the Monmouth Mall in 2020 about a $10 million remodeling of the store there as part of the Monmouth Mall ...
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...