Two Arrested After Stabbing At Park City

Map of Pennsylvania highlighting Lancaster County

Map of Pennsylvania highlighting Lancaster County (Photo credit: Wikipedia)

A male shoplifting suspect took off running through the Boscov’s department store at Park City Center Friday afternoon after cutting a loss-prevention officer on the hand, Lancaster city police said.

His female accomplice bolted as well, city police Officer Marc Shaffer said.

Police have charged Noel H. Israel-Negron, 35, of the 600 block of Columbia Avenue, with retail theft, robbery, aggravated assault, terroristic threats and criminal conspiracy.

Kriste L. McManus, 40, of the 600 block of Market Street, Marietta, was charged with retail theft, robbery and criminal conspiracy.

Read more: http://lancasteronline.com/news/local/two-arrested-after-stabbing-at-park-city/article_1927c53c-c1a3-11e3-9783-001a4bcf6878.html

Enhanced by Zemanta

Boscov: Steamtown Mall Nearing Foreclosure

Map of Pennsylvania highlighting Lackawanna County

Map of Pennsylvania highlighting Lackawanna County (Photo credit: Wikipedia)

The Mall at Steamtown is on the verge of foreclosure, department store magnate Al Boscov disclosed to The Times-Tribune on Wednesday.

The mall ownership group, Steamtown Mall Partners LP, recently defaulted on a lump sum mortgage payment and a property foreclosure action is expected to be filed by Friday in Lackawanna County Court, Boscov told the newspaper’s editorial board.

The mall will continue to operate and shoppers should notice no difference at the Lackawanna Avenue retail complex during foreclosure, he said. All of the mall’s tenants but one, a store whose lease was up, have decided to stay.

Reiterating his personal commitment to the mall and to downtown Scranton, Boscov, chairman and chief executive of Boscov’s department store, said the mall’s ownership believes the foreclosure process will help the property emerge as a financially healthier operation.

Read more:  http://citizensvoice.com/news/boscov-steamtown-mall-nearing-foreclosure-1.1645780

Enhanced by Zemanta

Groundbreaking Set For Reading Hotel And Convention Center

Map of Pennsylvania highlighting Berks County

Map of Pennsylvania highlighting Berks County (Photo credit: Wikipedia)

Albert R. Boscov was excitedly making and receiving countless phone calls in his Exeter Township office Monday after getting word that the last of the financing for a downtown hotel and convention center was finally in place.

He immediately began making plans to break ground Friday at 11:30 a.m. in the 700 block of Penn Street across from the Santander Arena.

“It’s been a long wait but we got it,” Boscov said.

The renowned retailer has been working on the block-long, four-star hotel, which will cost at least $56 million, since 2007.

Read more: http://readingeagle.com/article/20131217/NEWS/312169896/1052#.UrDeuPRDsxI

Coventry Mall Kohl’s Security Officer Arrested For Assaulting Photographer

Map of Pennsylvania highlighting Chester County

Map of Pennsylvania highlighting Chester County (Photo credit: Wikipedia)

NORTH COVENTRY TOWNSHIP, PA — Police have charged a woman working as a loss prevention officer for Kohl’s at the Coventry Mall with assault of a local photographer.

Sarah Roller, 36, from Collegeville, reported she saw a man in his vehicle taking video of “police and her activity” while she was helping search for a suspect in a retail theft from Boscov’s, police said.

Roller is accused of approaching the photographer, Tom Kelly III, and attempted to take his camera “by force.”  Kelly is a former Mercury staff photographer and frequently does work as a free-lancer for The Mercury and its related websites.

“During the struggle over the camera, the victim was struck in the face,” the report said.  “He sustained an injury to his eye and is also being treated for neck and shoulder pain.”

Read more: http://www.pottsmerc.com/article/20130909/NEWS01/130909490/coventry-mall-kohl-s-security-officer-arrested-for-assaulting-photographer#full_story

Albert R. Boscov’s Impact Stretches Beyond Berks, And Beyond Business

English: Boscov's Department Store in the Exto...

English: Boscov’s Department Store in the Exton Square Mall. Built c. 1998 as an expansion to the mall, it displaced the Zook House which was on the NRHP in Chester County, PA (Photo credit: Wikipedia)

Even in a city famous for its entertainers, Albert R. Boscov stands out.

Twice a year Boscov heads to Las Vegas for the country’s biggest consumer-goods trade show, held in the city’s convention center.

The building is packed with almost 3,000 vendors selling everything from diamond rings to dog food.

Boscov is one of 45,000 retailers who attend.

Read more:  http://readingeagle.com/article.aspx?id=456203

Reading City Council Approves Loan Tied To Hotel Project

A 1947 topographic map of the Reading, Pennsyl...

A 1947 topographic map of the Reading, Pennsylvania area. (Photo credit: Wikipedia)

At the request of retailer Albert R. Boscov, City Council on Monday approved adding a $1 million city loan to the financing package for the $59 million Doubletree Hotel that Boscov’s nonprofit agency is trying to bring downtown.

Boscov’s Our City Reading is planning the 200-room hotel to be built in the 700 block of Penn Street opposite the Sovereign Center.

The city loan would not come from local tax revenues but from federal funds – so-called Section 108 money – that the city gets to fund development projects.

Boscov’s nonprofit has borrowed millions of dollars in Section 108 funds in the past.  Boscov noted that it’s always paid off the loans early, never taking the allowed 20 years, and this year will make a $1.5 million early repayment of another Section 108 loan.

Read more: http://readingeagle.com/article.aspx?id=434432

Boscov’s Adds Furniture Line, Eliminates Appliances

English: Boscov's Department Store in the Exto...

English: Boscov’s Department Store in the Exton Square Mall. Built c. 1998 as an expansion to the mall, it displaced the Zook House which was on the NRHP in Chester County, PA (Photo credit: Wikipedia)

Boscov’s is eliminating its section of appliances and electronics in its more than 40 stores and using the space to grow its furniture selections.

Albert R. Boscov, chairman of Boscov’s Department Stores Inc., said the furniture business is seeing growth, while sales of products such as televisions are not.

With high competition from stores that specialize in electronics, such as Best Buy, Boscov said the company is going to stick to what it does well.

Boscov’s is one of the last department stores that sell appliances, he said, selling those products longer than some of its competitors.

Read more:  http://readingeagle.com/article.aspx?id=428507

Upper Darby’s Shopping District Losing More Than Sears

2010 Sears logo

Image via Wikipedia

The shopping district in Upper Darby, PA is losing more than their Sears store.  In addition, Marshall’s is closing January 14th (but being replaced with Ross); the Turf Club has already closed and left a large empty building and Fashion Choice Jewelry is closing.  The vacant Sears store will leave two large empty buildings in the shopping district.

Sears has been a fixture and an anchor store in the Upper Darby shopping district for 30 years.  We here inPottstown can feel your pain.  Sears has been around Pottstown far longer.

The main reason for the closing is the economy (poor performance).  Since 2008 sales at Sears in Upper Darby have dropped 50 percent.  I would say the Pottstown Sears store is in the same boat.  Compared to Boscov’s and Kohl’s the Sears store is empty.  I could barely shop in Boscov’s last week because it was so crowded.

Sears employees losing their jobs can apply for positions in other stores, take severance, if they qualify, or be furloughed.

Wegman’s Coming To Montgomery Mall

The logo of Simon Property Group.

Image via Wikipedia

Montgomery Mall has a big empty space.  When Boscov’s reorganized a few years ago, the Montgomery Mall store closed and has been empty ever since.  Now Wegman’s has announced plans to become the newest anchor store at the mall. 

Wegman’s will demolish the old Boscov’s and build a new store.  The store will be 125,000 square-feet, which is the same size as the former Boscov’s.  The opening date will be determined by how fast Wegman’s can fit this new store into their schedule.  2012 is out but 2013 is in the running.

Wegman’s is breaking ground by becoming the first supermarket to open at a Simon Property Group mall.

Wegman’s has a store open in Collegeville and another store opening (Spring of 2012) in King of Prussia.