PHILADELPHIA, Nov. 13 (UPI) -- Ikea, the giant Swedish household furnishings retailer, has come to the rescue of the Philadelphia Thanksgiving Day Parade.
The company replaces Boscov's, a department store chain in the Mid-Atlantic region that declared bankruptcy in August, the Philadelphia Inquirer reported. Boscov's had warned WPVI-TV, the Philadelphia ABC affiliate, that it might not be able to reorganize in time to sponsor this year's parade. WPVI, owned by Disney, broadcasts the parade and is its other sponsor.