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  September 5, 2001
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Home > Company Index > Retail > Department Stores > Boscov's Department Stores

Boscov's Department Stores
 PROFILE
Outlet mall capital Reading, Pennsylvania, has conceived more than bargain shopping. It's given us Boscov's Department Stores, which operates about 35 general department stores that anchor malls mainly in Pennsylvania, but also in Delaware, Maryland, New Jersey, and New York. The stores sell men's, women's, and children's apparel, shoes, and accessories, as well as jewelry, cosmetics, housewares, appliances, toys, and sporting goods. Some stores also feature travel agencies, vision centers, hair salons, and restaurants. The firm's charge card services are handled by its Boscov's Receivable Finance subsidiary. Boscov's was founded by Solomon Boscov in 1911 in Reading and is still owned by the Boscov family.

 COMPETITION
Federated Department Stores, Inc. (FD)
J. C. Penney Company, Inc. (JCP)
Sears, Roebuck and Co. (S)

 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 1,000.00
1-Yr. Sales Growth: 4.4%
Employees: 10,000
Revenue per employee: $100,000.00

 KEY PEOPLE
• Edwin A. Lakin
    CEO
• Russell C. Diehm
    CFO

 CONTACT INFO
4500 Perkiomen Ave.
Reading, PA 19606
US
Phone: 610-779-2000
Fax: 610-370-3495
Online: Web Site

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