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Boscov's, Inc. is a privately-held chain of department stores. Through its operating subsidiary Boscov's Department Stores, Boscov's offers apparel for men, women and children; home furnishings and appliances; bedding; jewelry; electronics; candy; beauty products; and household goods. Boscov's also provides bridal consulting and gift registry services including full line of products. As of 2010, Boscov's is operating through its 39 stores. Boscov's had filed chapter 11 bankruptcy in 2008 and an investment group led by Albert Boscov later purchased the company. Based in Reading, Pennsylvania, Boscov's was founded by Solomon Boscov in the year 1911.
| Company Tags: | VC Backed |
| Year Founded: | 1911 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Reading |
| State/Province: | Pennsylvania |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Website: | www.boscovs.com |
| Subsidiaries: | Boscov's Department Store, LLC |
| Brands: | Boscov's |
| Founders: | Alfred Boscov |
| Retail > Apparel & Accessories Retail |
| Retail > Furniture & Furnishings Retail |
| Retail > General Merchandise Stores > Department Stores |
| Retail > General Merchandise Stores > Discount & Variety Stores |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
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Export All Boscov's Department Store, LLC. Financials To Excel
$99 Single Company AccessInstant Full Site-Wide Access| Income Statement | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
| Revenues | View | View | View | View | View | View | $1,100,000,000 | $1,051,000,000 | $1,050,000,000 | $1,050,000,000 |
| Employee Figures | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
| Total Employees | View | View | View | View | View | View | 10,000 | 11,000 | 11,000 | 10,500 |
| Productivity (Revenue/Employee) | View | View | View | View | View | View | $110,000 | $95,545 | $95,455 | $100,000 |
| Revenues Breakdown | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
| Online Revenues | View | View |
| Financial Notes: | |
| * | Boscov's Department Store, LLC. fiscal year end: 12/31 |
Export All Boscov's Department Store, LLC. Financials To Excel
$99 Single Company AccessInstant Full Site-Wide AccessBoscov's Department Store, LLC. Revenues ($ MM): |
Boscov's Department Store, LLC. Total Employees: |
Boscov's Department Store, LLC. Productivity (Revenue/Employee) ($): |
Boscov's Department Store, LLC. Online Revenues ($ MM): |
Export Financials to Excel
$99 Single Company AccessInstant Full Site-Wide Access| Date | Investor | Round | Investor Type | |
| Dec. 2008 | View | Other | ||
| Details | Total Round Other View | |||
| Total of Funding Shown Above View | ||||
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$99 Single Company AccessInstant Full Site-Wide Access| Type | Date Entered | Date Exited | Assets | Liabilities | |
| Details | View | Aug. 2008 | View | View | View |
$99 Single Company AccessInstant Full Site-Wide Access1911: Boscov's Founding
Boscov's, Inc. is a departmental stores operating company which was founded by Solomon Boscov in 1911. Solomon Boscov immigrated to Reading, Pennsylvania, in 1911 with $1.37 in cash. He worked with a traveling company as a salesman with $8 worth of merchandise. In 1911, Boscov founded the first of his namesake stores as the Economy Shoe Store and Dry Goods Annex in downtown Reading, Pennsylvania. Boscov also started a dry goods store in the family living room corner to save money to expand the business. In 1913, Boscov had occupied all the raw houses in the street for his business.
1950s to 1990s: Boscov's Expansion
In 1954, Boscov's son-in-law Edwin Lakin joined the business to help him in renovation and stores expansion. Albert Boscov, son of Solomon, entered family business after serving in the United States Navy.
In 1962, Boscov's opened another full-service department store in suburban Reading. In 1967, a new 60,000-square-foot store was built in place of the… Continue Reading →
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