Albert Boscov was an American businessman and philanthropist.
16 Facts About Albert Boscov
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Albert Boscov was the long-time head of Boscov's Department Stores and served as the company's chairman and CEO until retiring in 2015.
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In 2009, Boscov led a buyout of the chain in order to rescue it from bankruptcy.
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Albert Boscov was born in Reading, Pennsylvania, in 1929, the son of immigrants Solomon and Ethel Albert Boscov.
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Albert Boscov's father had arrived in Reading from Russia, in 1911 where he founded a dry goods store in a row house in 1918.
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Albert Boscov graduated from Reading Senior High School in Reading and Drexel University in Philadelphia.
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At Drexel, Albert Boscov started his first business, a sandwich delivery service called U-Eat-Em.
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Albert Boscov was a member of the Sigma Alpha Mu fraternity at Drexel.
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Albert Boscov served in the Navy during the Korean War.
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Albert Boscov's North opened in Muhlenberg Township, Pennsylvania, in 1965, and Albert Boscov's East opened in Exeter Township, Pennsylvania, in 1967.
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In early 2006, Albert 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.
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Albert Boscov died on February 10,2017, from pancreatic cancer in Reading.
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Albert Boscov was an Ashkenazi member of the Jewish community of Reading.
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Albert Boscov donated money to the Penn State Berks campus for its library, and to Genesius Theatre for restoration and further improvement of its main-stage building in Reading.
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Albert Boscov performed at Genesius Theatre as Tevye from Fiddler on the Roof at Genesius's "Broadway Musical Revue".
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In 2005, Albert Boscov co-founded Goggleworks Center for the Arts in Reading, Pennsylvania, renovating the former Willson Goggle Factory into one of the largest art centers in the country.