Al Boscov diagnosed with late-stage cancer

Retail giant expresses confidence in coworkers

EXETER TWP., Pa. - Al Boscov, chairman of the department store chain that bears his family's name, is sharing some news about his health.

In a letter to the Berks County-based company's employees on Wednesday, Boscov said he has been diagnosed with late-stage cancer.

"In typical fashion, the first thing he did was thank them for the outstanding results for 2016," said Jim Boscov, Al Boscov's nephew and the company's CEO. "Our year-end results were far ahead of other retailers. He then encouraged them to find the best possible bargains for the next sales event."

"He then told them of his diagnosis and voiced strong confidence in the management team and in all Boscov’s coworkers to continue to do what has made Boscov’s successful in the past."

Jim Boscov, who was promoted to CEO in 2015, told 69 News that he is committed to leading the company and keeping it family-owned.

"All of us who worked closely with Albert for many years have been infused with the spirit, the drive, and the ethic it takes to succeed, and our best compliment to Albert is to continue doing what we do," said Jim Boscov. "That’s what made us successful and unique in the retail industry."

Al Boscov, who celebrated his 87th birthday in September, succeeded his father, Solomon, as head of the company in 1950. He emerged from a nearly three-year retirement in late-2008 to lift the then-struggling chain out of bankruptcy by buying it back from family members. He has remained active in the growing company's day-to-day operations as chairman ever since.

He has also played a large role as a community leader in Berks County. He founded the nonprofit Our City Reading, which has helped hundreds of families become first-time homebuyers. He also helped to lead various development projects in downtown Reading, including the IMAX movie theater, the GoggleWorks and GoggleWorks Apartments, and the DoubleTree Hotel.

Boscov's, headquartered in Exeter Township, announced in December that it is expanding into new territory by opening its 46th store near Erie in the fall, more than 100 years after Solomon Boscov opened the first store in Reading.

DISCLAIMER FOR COMMENTS: The views expressed by public comments are not those of this company or its affiliated companies. Please note by clicking on "Post" you acknowledge that you have read the TERMS OF USE  and the comment you are posting is in compliance with such terms. Your comments may be used on air. Be polite. Inappropriate posts or posts containing offsite links may be removed by the moderator.

This Week's Circulars


Berks Area News

Latest From The Newsroom