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Meager Beginnings in 1911
Solomon Boscov emigrated to the United States in 1911 with only about $12 in his pocket.
At only 18, Solomon Boscov left his family in Russia and immigrated to the United States in 1914.
A Family Venture by 1954
1954:Son-in-law Edwin Larkin joins the company.
1962:Son Albert opens the second Boscov's.
1967:'Boscov's East' reopens after burning down.
By the year 1968, the company had already expanded itself to four stores, with a total yearly sales of $50 million.
Boscov's West reopened in 1968.
Boscov's spread beyond Reading in 1972 with the opening of a store in Lebanon, Pennsylvania.
Albert Boscov wrote that memo in 1976 about customer loyalty.
1998:Company introduces automatic replenishing system.
In 1998 Boscov's tested database management software that allowed it to better understand the needs of a market surrounding a particular store.
For Jean Lakomski, who started as a telephone operator when the Palmer Township store opened in 1998 and retired about a decade ago, working there was like working with family.
As of 1999, Albert Boscov visited one store a week and lived by the motto 'expect the unexpected.' And when trouble arises, he is often first on the scene to help out.
It was February 2006 when Boscov’s announced what would be a big mistake.
In the year 2006, the founder of the company had retired.
Then in the year 2008, the company had filed for bankruptcy, as the ten new stores that were opened, didn’t bring much revenue.
It can still compete with the big guys, but Boscov’s, as Albert Boscov described it in 2015, may always be a “little nobody,” the kind of company that gets forgotten in the national conversation but feels right at home in a windowless basement in Berks County.
Albert Boscov wrote that memo in 1976 about customer loyalty. It was the first entry in a book titled, “Did You Boscov Today?" that was released by his grandchildren after the retail legend’s death in February 2017 at age 87.
Also, as of the year 2017, the total revenue generated by the company is more than $1.2 billion.
The Bon-Ton, the corporate successor to the beloved Hess’s, collapsed beneath more than $1 billion in debt in 2018, a liquidation that left massive vacancies at malls across the chain’s 23-state footprint.
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Boscov's Inc. may also be known as or be related to Boscov s, Boscov's, Boscov's Inc and Boscov's Inc.