Boscov's is to acquire 10 stores, 4 of them within the Philly region. Those 4 stores will be at Deptford Mall, Montgomery Mall, Oxford Valley Mall and Willow Grove Park mall. Here is the Philadelphia Inquirer story:

http://www.philly.com/mld/philly/13808123.htm

This shines some light on why the Reading-based department store chain closed its store at the Franklin Mills mall in Philadelphia last week. Now that there are no more Boscov's stores within Philadelphia city limits, I wonder if the company will continue to host the city's annual Thanksgiving Day parade each year. If you're wondering who will be moving in to the former Franklin Mills location, rumor has it that a fast-growing clothing company called Steve and Barry's University Sportswear will be taking over that space. Incidentally, the first Steve and Barry's store, which opened in 1985, was a collegiate apparel store at the University of Pennsylvania.