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Boscov's plans to continue to open one store per year and has invested in older stores by renovating them. [2] Boscov's announced plans to move into the Providence Place mall in Providence, Rhode Island, in 2019. [19] The store opened on September 26, 2019. In 2020, Boscov's announced plans to open at Eastwood Mall in Niles, Ohio. [20]
In 1998, after operating a few years as Lazarus, Federated closed several locations including the Beaver Valley Mall store. This location was then acquired by and reopened as Boscov's. JCPenney became the fourth anchor in 1998, with the new location being built right in front of the food court.
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 2009, Boscov led a buyout of the chain in order to rescue it from bankruptcy.
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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 ...