Finding a buyer could be difficult but not out of the question, Davidowitz said:
"You may have somebody who sees value in the real estate, and there is a lot of private equity."
As far as other retailers, Davidowitz said he sees York, Pa.,-based Bon-Ton Stores Inc. as one potential suitor, because the chain is also based in Pennsylvania and has made acquisitions. But, he noted, that retailer is struggling too; it reported a first-quarter loss and sales decline.
Bon-Ton officials could not be reached for comment yesterday.
As for Boscov's future, "Maybe the family could hang in there, but the likelihood in five years is there won't be a Boscov's," Davidowitz said.
lorraine.mirabella@baltsun.com
Liquidation sale shopping tips
Comparison-shop first; liquidation prices may not be lowest.
Be aware that in most cases, sales are final.
Check warranty details and find out where repairs can be made.
If a product requires installation, contact the installer/contractor directly.
Pay with a credit card in case of product defects.
