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Regional department store chain Boscov's won court approval Thursday to bring its Chapter 11 bankruptcy case to a successful conclusion.
Gov. Ed Rendell says the state has secured $35 million in federal loans to help regional department store chain Boscov's exit bankruptcy.
A Delaware bankruptcy court hearing on the proposed the sale of department store chain Boscov's has been postponed until next week.
Boscov's, which announced Monday that it will file for Chapter 11 bankruptcy protection, said it will close 10 stores. They are:
The troubled chain Boscov's Department Store LLC filed for Chapter 11 bankruptcy protection on Monday, becoming the latest victim of a harsh consumer spending environment.
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