Boscov’s goes bankrupt
August 4, 2008 by Tisa Silver
Filed under Finance
Another one of my local favorites has failed to weather the economic storm.
Boscov’s joins the long list of retailers who have filed for Chapter 11 bankruptcy protection. The list includes Sharper Image, Linens ‘n Things, and Steve and Barry’s.
According to Boscov’s execs, the chain is the largest family owned full-service department store in the United States and employs 9,500 workers.
The Boscov’s nearest me has a Linens ‘n Things a few doors down and is on the same street as Bennigan’s.
At least with Chapter 11, Linens ‘n Things and Boscov’s have a chance to turn around. Unlike Bennigan’s, which filed for Chapter 7 liquidation. :(
My search for a Bennigan’s franchise location continues…
