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One of Boscov’s strengths is its experienced and stable management team.
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| Historically, the turnover of Boscov’s employees has been extremely low at not only the senior management level, but throughout the organization. This consistency has allowed Boscov’s to utilize its own experienced people as it expanded and to selectively hire talented and experienced management for an occasional management slot when necessary. The management team at Boscov’s is supported by an active management training program which annually includes recruited college graduates and existing employees who have demonstrated management potential. These trainees are provided with a broad range of instruction and on-the-job training experience in all phases of retailing. Trainees are targeted for either assistant store manager or assistant buyer positions and subsequently advance through the Company’s management positions. Boscov’s is currently administered by a team of 5 general merchandise managers, 14 divisional merchandise managers, 66 buyers, 48 assistant buyers, 12 planners, 50 store managers, and 53 assistant store managers. A few selected members of Boscov’s senior management team are listed below: |
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