A New Boscov Takes Charge of Department Store Chain

The Associated Press is reporting a third generation of the Boscov family is taking over as CEO of the 43-store retail chain.

The Reading, Pennsylvania-based company said May 8 that Jim Boscov is taking over as CEO. He is succeeding his uncle, Albert Boscov, who will remain as chairman of the 97-year-old company.

Boscov's has stores in New York, Pennsylvania, Delaware, Maryland, New Jersey and Ohio. It has announced plans to open a store in Connecticut later this year.

The store in Downtown Binghamton is one of the few free-standing stores in the chain with most of the shops located in malls.

Boscovs celebrated its 100th anniversary last year.