Unable to cope with a dramatic slowdown in consumer spending, family-owned department store chain Boscov’s filed for Chapter 11 bankruptcy protection Monday and said it would soon close its three Baltimore-area locations.
The chain purchased former Macy’s stores in Glen Burnie, Owings Mills and White Marsh two years ago, all of which will close as part of the company’s reorganization. Boscov’s has 49 locations in six states, including six stores in Maryland.
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