Al Boscov first inductee in Pa. Retail Hall of Fame

Award to be presented at Crowne Plaza in Wyomissing on March 7

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Published: Jan 30 2013 04:37:54 PM EST   Updated On: Jan 23 2013 04:30:55 PM EST
Al Boscov
HARRISBURG, Pa. -

Retailers across Pennsylvania will soon come together and pay tribute to one of the industry's giants.

The Pennsylvania Retailers' Association has named Al Boscov as the first inductee of its Retailers' Hall of Fame.

The organization will celebrate the induction at a dinner and award ceremony on March 7 at the Crowne Plaza hotel in Wyomissing. Gov. Tom Corbett and two of his predecessors, Ed Rendell and Tom Ridge, will serve as honorary co-chairmen of the event.

"It is a tremendous achievement to have three governors supporting this event, which says a lot about Mr. B’s life and legacy," the PRA said in its announcement. "The guest list will include other federal, state and local government dignitaries, as well as many of Mr. B's family, friends and important business partners, vendors and suppliers."

Boscov, 83, serves as chairman and chief executive officer of the Exeter Township-based chain of 41 department stores that bear his family's name. The company was founded by his father, Solomon Boscov, in Reading in the early 20th century.

Al Boscov retired from the company in 2006 and turned it over to other family members, but he and his brother-in-law, Edwin Lakin, bought back the company after it filed for Chapter 11 bankruptcy nearly three years later.

Tickets for the hall of fame dinner are available through the Pennsylvania Retailers' Association. The number to call for more information is 717-233-7976 or email info@paretailers.org.

Ten percent of the net proceeds will go to the non-profit organization founded by Boscov, Our City Reading, which has a three-pronged mission -- to create pride and stability through home ownership for Reading's first-time home buyers, to bring new, high-quality job opportunities to the area and to enhance the quality of life in the city and surrounding area.

The remainder of the net proceeds will be used to serve and promote the retail industry in Pennsylvania.