Boscov's: A department store chain bounces back from bankruptcy

Read the voluntary petition for Chapter 11 bankruptcy, filed Monday in U.S. Bankruptcy Court in Delaware.

Boscov hopes to have chain back by Black Friday
There were no fewer than 55 men in dark suits seated before U.S. Bankruptcy Judge Kevin Gross here yesterday, and 79-year-old Albert R. Boscov would have blended into the monastic monochrome if not for this: He was the only one on the edge of his seat. Literally. (Nov. 19, 2008) Read the article

Boscov's gets $35 million loan from Pa.
Gov. Rendell announced yesterday that he had arranged $35 million in state-backed federal loans to help the struggling Boscov's department-store chain emerge from bankruptcy and to protect 5,000 Pennsylvania jobs. (Nov. 21, 2008) Read the article

Federal bankruptcy judge OKs Boscov's sale
A federal bankruptcy judge approved the sale of the Boscov's department store chain yesterday to Albert R. Boscov in a $305 million deal that is expected to result in the ouster of Boscov's nephew, Ken Lakin, as chief executive. (Nov. 22, 2008) Read the article

Boscov's officially back in family hands
The Boscov family today closed on the deal to buy back its 39-store department store chain from bankruptcy for about $300 million. (Dec. 5, 2008) Read the article

Boscov aid plan appears back on target
Perhaps it was a byproduct of what one politician referred to as "bailout syndrome." But delays and resistance that had threatened to derail the Boscov's department store chain's efforts to secure nearly $50 million in public aid appear to have been largely overcome. (Feb. 13, 2009) Read the article

Celebrating bank's role in saving Boscov's
It's a part of the bailout story few hear: bankers actually taking tax dollars and putting them back onto the street. (March 10, 2009) Read the article

Pa.-based Boscov's chain gets government loan
The regional department store chain Boscov's is getting a loan of more than $43 million from the Department of Housing and Urban Development. (Aug. 6, 2009) Read the article

Boscov's emerges from bankruptcy
It was a rubber-stamp hearing, the kind of thing less-sentimental businessmen have their attorneys take care of. But that's not how Al Boscov rolls. No, the 79-year-old savior of his family's department store chain just had to be here yesterday. (Sep. 18, 2009) Read the article