Retail
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Springfield Mall’s PREIT: 2021 Had Strong Anchor, Tenant Mix Driving Sales
Pennsylvania Real Estate Investment Trust, owner of the Springfield Mall, as well as the Plymouth Meeting Mall and Willow Grove Mall, closed 2021 on a high note with core mall rolling 12-month sales traversing the $600 per square foot milestone at $603. PREIT properties emerged as winners for the last year thanks to new anchors…
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Some Residents Dismayed to Learn a Cannabis Dispensary Opened in Wayne
The sudden appearance earlier this month of a CBD/kratom dispensary in a closed Starbucks on Lancaster Ave. in Wayne has some parents and Radnor Township officials upset, reports the CBS 3 staff. “How did a store that sells substances that are banned in 19 states literally open illegally next to two schools, three nursery…
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With Stock Shares Under $1, PREIT Faces Delisting From NYSE
As its shares continue to linger under $1, Pennsylvania Real Estate Investment Trust, the owner of the Springfield Mall, the Plymouth Meeting Mall and the Willow Grove Mall, is facing possible delisting from the New York Stock Exchange (NYSE), writes Natalie Kostelni for the Philadelphia Business Journal. A company needs to maintain a minimum closing…
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How Much Do I Love Thee? Let Me Account for Inflation
Inflation could be an indicator of just how much you love someone this Valentine’s Day, writes Beccah Hendrickson and 6abc digital staff. Farrell’s Florist in Drexel Hill says the lovelorn will pay about 20% more for flowers this year. There’s two reasons. Farmers slowed down growing during the pandemic. Supply chain issues are making it…
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‘Undercover Boss’ Appearance by Bensalem Rita’s Ice CEO Linda Chadwick Proved Fruitful
Most traffic control at an average Rita’s Ice location involves keeping patrons patiently in line. But on last night’s edition of Undercover Boss, CEO Linda Chadwick found herself addressing an actual road occurrence. Ryan Mulligan unmasked what happened for the Philadelphia Business Journal. As part of her role-reversal reality-show experience, Chadwick took jobs at Rita’s…
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PREIT, Owner of Springfield Mall, Reports Strong Sales During Holiday Season and Unveils 2022 Strategy
PREIT, otherwise known as the Pennsylvania Real Estate Investment Trust, has announced its sales report with a focus on traffic during the holiday season. They’ve also updated their strategic initiatives for the new year, reports Khyathi Dalal for Seeking Alpha. After announcing a meaningful increase in shopper traffic over the holiday season last year, PREIT…
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COVID-19 Effect on U.S. Online Shopping Habits: Bumps for Office Supplies, Casual Wear, and Liquor
The New Normal report, created by Axios in cooperation with Google Trends and the Schema Design firm, reveals how COVID-19 has changed America’s shopping habits. Stef W. Kight and Jared Whalen bagged the story for Axios. The report analyzed the products Americans have Googled since 2020. Items that have recorded a lasting increase in the…
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CEO of Local Rita’s Italian Ice Gets the Scoop on Employees’ Perspectives as an ‘Undercover Boss’
Season 11 of CBS’ Undercover Boss will put Rita’s Italian Ice CEO Linda Chadwick behind the chilly tubs of one of her Bensalem-headquartered frozen treat kiosks. Ryan Mulligan reported the sticky role-swap for the Philadelphia Business Journal. Chadwick’s stint scooping lemon, cherry, and watermelon ices airs on the Jan. 28 edition of the role-swap reality…
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Wawa Opens Newest Delaware County Store in Boothwyn
Wawa opened its third new store in Delaware County Friday at 2608 Chichester Ave. in Boothwyn, writes Peg DeGrassa for the Daily Times. The new store is actually relocated from its former location at 2300 Chichester Avenue. First responders, local officials and charity partners participated in the ribbon-cutting. Other Delaware County stores that opened in…
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New Shopping Platform Combines Best Elements of QVC, TikTok
ShopShops is the new immersive platform that offers up a QVC-like livestream shopping experience that spotlights products and their creators and combines them with TikTok-inspired entertainment, writes Freya Drohan for FashionWeekDaily.com. It is a global shop that runs 24/7, with streamed events taking place on a regular basis in more than 30 cities. The platform…
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Do Delaware County Shoppers Overspend? See the 5 Common Ways You Might Spend Too Much
The holiday season is upon us, and we’re all feeling the pressure to rush to the King of Prussia Mall or shop online to cash in on last-minute deals, and freely spend on pricy products, writes Caroline Delbert for Stacker. At this time of year, it’s easier than ever to overspend. Stores know exactly how…
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Wawa Debuts Beverage Vehicle at Riddle Hospital to Thank Healthcare Workers
Riddle Hospital healthcare workers will now have their “Gotta Have a Wawa” urges satisfied more quickly with a Wawa vehicle on site ready to serve up to 500 cups of hot beverages at a time. Wawa and The Wawa Foundation debuted the “Wawa in Your Community” vehicle this week. Wawa’s famed coffee, as well as…
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Holiday Shopping Season is Already in Full Swing at King of Prussia Mall
With more than three weeks left until Christmas, the holiday shopping season is already in full swing at King of Prussia Mall, writes Bryanna Gallagher for 6ABC. “We’re seeing a lot of bags, a lot of enthusiasm, a lot of people, which for us really translates to a great holiday season,” said Todd Putt, King…
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The DELCO Original Trading Company Is Back Again at the Springfield Mall
The DELCO Original Trading Co. is back again this holiday season at the Springfield Mall, much to the delight of Kevin Kinkead, writing for crossingbroad.com. Kinkead’s memories of the Springfield Mall track back to when he wrote stories about the Philadelphia Union from the Mall’s “food court,” essentially a Sbarro and a Tony Luke’s. He…
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Delaware County Residents Weigh in With Observations, Advice for Holiday Shopping
This year’s holiday shopping will require more than the usual patience, whether its gift buying or finding ingredients for holiday meals, writes Rick Woelfel for Delaware Valley Journal. With supply chains strained, some store shelves are empty and online items delayed. Brad Wilson of Drexel Hill, who orders groceries online, notices that availability seems to…
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Wawa Is Tops in PA for Revenue Among Private Firms, 29th in the Nation
From humble beginnings in Delaware County, Wawa has now grown into the largest privately owned company in Pennsylvania based on revenue. It is the 29th largest privately owned company in the country, according to Forbes, writes Ryan Mulligan for Philadelphia Business Journal. It was one of six Pennsylvania firms that made the top 100 on…
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Black Friday Recommendations from WalletHub: Where to Get the Biggest Bang for the Buck
Black Friday is one of the country’s most treasured holiday traditions. With the ongoing threat of COVID-19, however, some retailers are upping the ante on luring in-person shoppers back to their brick-and-mortar stores. The following shopping tips from WalletHub may save consumers time, stress, and dollars. According to a new WalletHub report, the best Black…
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If You See It, Saw It: Chester County Farms Ready for Christmas Tree Shoppers
If you are ready to start hunting for the perfect Christmas tree, local farms offer a great selection, write Jillian Wilson and Grace Dickinson for The Philadelphia Inquirer. Clark’s Christmas Tree Farm and Christmas Shop in Cochranville offers 25 acres of trees and is home to varieties such as Fraser fir, Douglas fir, Canaan fir,…
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