Retail
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Lawrence Park Center Renovation Part of Federal Realty Strategy
Federal Realty is conducting a multi-million dollar renovation of the Lawrence Park Shopping Center in Broomall that includes streetscape upgrades and adding small-shop space, part of a strategy to transform its portfolio in the inner suburbs, writes Kari Glinski for Federal Investment Trust, in an article appearing at Rebusiness Online. Federal Realty has been reinvesting…
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Amazon Fresh Broomall Opened Today Minus the Checkout Lines
The second Amazon Fresh store in Pennsylvania opened Thursday morning, Sept. 8, at 2924 Springfield Road in Broomall, reports the 6abc digital staff. The first customer in line received a $100 Amazon.com gift card while the first 250 customers got an Amazon Fresh tote bag. Other giveaways, discounts, and activities will take place throughout the…
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Wall Street Journal: Excess Inventory Is a Shopper’s Delight
Nikaiya Snell is an elementary school cafeteria worker in Lansdowne who has felt the sting of inflation. She’s had to take on extra work to pay bills, so new clothes and other luxuries haven’t really been an option. Then she saw some trendy summer tops marked down from $16 to $3 each at Walmart’s super…
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Long-time Delco Business Kent Studios Takes Philly Magazine Award
Kent Studios in Woodlyn has won the unique distinction of earning Philadelphia Magazine’s “2022 Framer That Doesn’t Cost a Second Mortgage” award in its Best of Philly series for helpers and fixers. The magazine pointed out the sticker shock felt the first time you tried to have your band poster professionally framed. “Nothing, you thought,…
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Wawa’s Hoagiefest Enters New Territory With NFT Sweepstakes
Wawa is taking a non-traditional approach to its Hoagiefest campaign this year with a sweepstakes contest running through July 24 that awards a potential “rare” NFT, or non-fungible token, writes Ryan Mulligan for Philadelphia Business Journal. An NFT is a digital asset that represents something in the real world, like art, a video, an image…
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Furniture/Home Decor Store At Home Comes to Granite Run
A furniture and home décor store is moving into the Promenade at Granite Run, writes Natalie Kostelni for Philadelphia Business Journal. At Home, a Plano, Texas retail chain, has signed an 85,985-square-foot lease. With At Home now on board and some smaller deals coming in, the 877,294 square feet of the Promenade retail space is…
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Lidl Celebrates Grand Opening of Clifton Heights Store on June 22
Lidl US will have a grand opening for its new store on Wednesday, June 22, in Clifton Heights at the site of the former Kmart store off Baltimore Pike. The grand opening at 713 E. Baltimore Ave. will include a ribbon-cutting at 7:40 a.m. from local leaders. The first 100 customers in line before the…
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Wawa’s Latest Expansion Plans Takes It Into Sheetz Territory
Wawa’s been eying other states to open new stores. Now it’s pushing deeper into central Pennsylvania, closer to Sheetz, its nearest competitor, writes Sue Gleiter for Penn Live. Wawa announced June 23 it is doubling its store count over the next three to five years in central PA, with plans to potentially open 40 stores…
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Springfield Mall Owner PREIT Sees Bright Future Despite Debt Obstacles
There’s a sense of optimism from PREIT CEO Joe Coradino, as the company that owns the Springfield Mall and other malls in the region works toward reducing its debt, writes Natalie Kostelni for Philadelphia Business Journal. “There is a bright future for this company,” said Coradino. “The ship has been righted. If you study our…
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Peddler’s Village Named No. 1 Tourist Destination in the Philadelphia Region
For the second consecutive year, Peddler’s Village has been named the number one tourist destination in the Philadelphia region. The designation was made by the Philadelphia Business Journal and is based on the number of visitors — two million — in 2021. Prior to 2020, the Village had been ranked as a top-five tourist destination…
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Boyds Opens Permanent Suburban Outpost With New Store in Wayne
The popular high-end Philadelphia retailer Boyds will now have a permanent presence in the suburbs with its new store in Wayne at 201 W. Lancaster Ave. opening in September, writes Natalie Kostelni for Philadelphia Business Journal. A temporary store at Suburban Square in Ardmore will close. The Wayne store will take up 11,000 square feet…
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Online Retailer Opening Flagship Brick-and-Mortar Store in Former JCPenney Space in King of Prussia Mall
Online retailer Wayfair is opening a flagship brick-and-mortar store with a rooftop bar at the King of Prussia Mall, writes Natalie Kostelni for the Philadelphia Business Journal. Wayfair is the destination for all things home: helping everyone, anywhere create their feeling of home. The seller of furniture, bedding, and espresso machines will occupy 104,065 square…
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A Tutorial in ‘Wawa’ to Prep Nashville for the Store’s Arrival
As Nashville prepares for their first Wawa, a local newspaper gives them a crash course on what they’ll be in for. First of all, people do plan to go out and eat at a convenience store when it’s a Wawa, and much more, writes Mandy Hoskison and C.A. Bridge for the Nashville Tennessean. “People have…
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Springfield Mall Owner PREIT Brings Down Debt with $35M in Land Sales
PREIT, owner of the Springfield Mall, Plymouth Meeting Mall and Willow Grove Park Mall, has made progress on its debt payments with $35 million in land sales, writes Matthew Rothstein for Bisnow. The Philadelphia-based REIT signed agreements to sell 11 outparcels at its properties for $32.5 million. There is also a separate agreement to sell…
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Wawa Expansion Effort Continues With 40 More Stores in Nashville
Wawa plans to open its first Nashville location in 2025, writes Julia Masters and Laura Smythe for Philadelphia Business Journal. Wawa, which already employs more than 35,000 people, is considering up to 40 locations in Nashville, continuing “the most aggressive growth” plan in company history, according to CEO Chris Gheysens. Wawa has 54 more stores…
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Springfield Mall Owner PREIT Fights for Execs Amid Struggle
PREIT, the owner of the Springfield Mall, Plymouth Meeting Mall, Cherry Hill Mall and Willow Grove Mall, is paying retention bonuses to certain employees “in an effort to ensure continuity and stability and to incentivize and retain employees,” according to an SEC filing. In May, PREIT paid a $147,186 “special cash retention bonus” to an…
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Amazon Fresh opening in Broomall with ‘Just Walk Out’ technology
A spokesperson for Amazon confirmed that a new Amazon Fresh store will open soon in the Broomall Commons Shopping Center in Broomall, writes Pete Bannan for the Daily Times. Signs for the store went up Wednesday afternoon. It is located near West Chester Pike next to the Planet Fitness and Pet Smart stores. The store…
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Choose The Right Fireplace For Your Home With Hometown Hearth at New Showroom in Media
As springtime arrives here in the Northeast, many homeowners are beginning their spring cleaning and getting ready for time spent outdoors this summer. Believe it or not, this is the best time of year to consider upgrading or installing a new fireplace for those cold Fall and Winter months. With a brand new showroom opening…
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