Age, Biography and Wiki
Albert Boscov was born on 22 September, 1929 in Reading, Pennsylvania, U.S., is a businessman. Discover Albert Boscov's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 88 years old?
| Popular As | N/A |
| Occupation | Chairman, Boscov's Department Store, LLC. |
| Age | 88 years old |
| Zodiac Sign | Virgo |
| Born | 22 September, 1929 |
| Birthday | 22 September |
| Birthplace | Reading, Pennsylvania, U.S. |
| Date of death | (2017-02-10) Reading, Pennsylvania, U.S. |
| Died Place | Reading, Pennsylvania, U.S. |
| Nationality | United States |
We recommend you to check the complete list of Famous People born on 22 September. He is a member of famous businessman with the age 88 years old group.
Albert Boscov Height, Weight & Measurements
At 88 years old, Albert Boscov height not available right now. We will update Albert Boscov's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status | |
|---|---|
| Height | Not Available |
| Weight | Not Available |
| Body Measurements | Not Available |
| Eye Color | Not Available |
| Hair Color | Not Available |
Who Is Albert Boscov's Wife?
His wife is Eunice Boscov
| Family | |
|---|---|
| Parents | Solomon Boscov Ethel Fogelson Boscov |
| Wife | Eunice Boscov |
| Sibling | Not Available |
| Children | Ruth Aichenbaum Ellen Boscov Meg Boscov |
Albert Boscov Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Albert Boscov worth at the age of 88 years old? Albert Boscov’s income source is mostly from being a successful businessman. He is from United States. We have estimated Albert Boscov's net worth , money, salary, income, and assets.
| Net Worth in 2023 | $1 Million - $5 Million |
| Salary in 2023 | Under Review |
| Net Worth in 2022 | Pending |
| Salary in 2022 | Under Review |
| House | Not Available |
| Cars | Not Available |
| Source of Income | businessman |
Albert Boscov Social Network
| Wikipedia |
| Imdb |
Timeline
In 1959, he married Eunice, with whom he had three children: Ruth Aichenbaum (ne. Ruth Boscov) (married to Michael Aichenbaum); Ellen Boscov (married to Todd Taylor), and Meg Boscov (married to Randall Brown). He died on February 10, 2017 from pancreatic cancer in Reading.
In 2010, Politics Magazine named Boscov one of the most influential Democrats in Pennsylvania.
In August 2008, Boscov's filed for Chapter 11 Bankruptcy, citing deteriorating consumer and credit conditions during the economic crisis of 2008. In October 2008, Albert Boscov and his brother-in-law Edwin Lakin both confirmed that they would be making a bid to purchase back the chain, competing against Versa Capital Management, Inc. On November 4, 2008, it was confirmed that Boscov's would be selling its assets back to Albert Boscov and Edwin Lakin, canceling the earlier agreement with Versa, and keeping the 98-year-old chain under family control. In March 2015, Boscov retired for the second time and handed control of the company to his nephew, Jim Boscov.
In early 2006, Boscov retired as chairman, transferring control to his nephew, Ken Lakin, who soon after purchased ten department store locations from Federated Department Stores by borrowing heavily.
In 2006, Boscov co-founded Goggleworks Center for the Arts in downtown Reading, PA, renovating the former Wilson Goggle Factory into one of the largest art centers in the country. GoggleWorks was one of several development projects that he spearheaded to catalyze downtown revitalization in Reading. There he established the city’s Entertainment Square, which today features several anchor institutions along with restaurants and businesses, including an IMAX theatre, Miller Center for the Arts, GoggleWorks Apartment Complex, and Boscov Plaza, along with GoggleWorks Center for the Arts.
On June 22, 2000, the section of U.S. Route 422 Business and U.S. Route 422 between Pennsylvania Route 562 and Shelbourne Road in Exeter Township, Pennsylvania was designated by an act of the Pennsylvania General Assembly as the Albert Boscov Commemorative Highway in honor of Boscov.
After taking over the family business, Boscov expanded the original store at Ninth and Pike Streets in Reading. In 1962, he opened Boscov's West in Sinking Spring, Pennsylvania, the company's first full-line store. Boscov's North opened in Muhlenberg Township, Pennsylvania in 1965 and Boscov's East opened in Exeter Township, Pennsylvania in 1967. During the 1970s and 1980s, Boscov and his brother-in-law, Edwin Lakin, expanded the chain to Pennsylvania, Maryland, Delaware, New York, and New Jersey. By 2005, Boscov's had 39 stores with $1 billion in sales.
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 his eponymous company in an effort to rescue it from bankruptcy. Boscov died on February 10, 2017 from pancreatic cancer.
Boscov was born in Reading, Pennsylvania in 1929, the son of immigrants Solomon and Ethel Boscov. His father had arrived in Reading in 1911 where he founded a dry goods store in a row house in 1918.
