department stores: August 2008 Archives


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Regional department store chain Boscov's filed for bankruptcy protectionAugust 4. The chain was a victim of boom-time financing mistakes, leveraging itself in too many directions without a fallback plan for an economic downturn.

The 89-year-old retailer plans to liquidate 10 stores as part of its restructuring. Affiliate companies like Boscov's Business Travel are being consolidated.

Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. By David Wertheimer. Did I miss something? Drop me a line.

About this Archive

This page is a archive of entries in the department stores category from August 2008.

department stores: September 2008 is the next archive.

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