Philadelphia Business Journal
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PREIT’s New CEO Considered Redeveloping Exton Square Mall Before Deciding to Sell
PREIT considered redeveloping Exton Square Mall before ultimately deciding to sell the property to generate funds for paying down debt, writes Paul Schwedelson for the…
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Wynnewood’s Rosemary Connors Leaves Big Shoes to Fill at NBC10
NBC10 is searching for a replacement for Rosemary Connors, its longtime weekend evening news anchor, reports Jeff Blumenthal for the Philadelphia Business Journal. The Wynnewood…
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Toll Brothers Buys 42 Acres in Perkiomenville to Build 43 Homes
Fort Washington-based Toll Brothers purchased a 42-acre site in Perkiomenville for $8.2 million to build 43 single-family homes, writes Paul Schwedelson for the Philadelphia Business…
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Malvern-Based Vanguard Executive Karin Risi Retires After 27 Years of Service
Karin Risi, head of strategy, product, marketing, and communications at Malvern-based Vanguard Group, will retire at the end of the year after 27 years with…
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North Face to Close Center City Store in January
North Face has announced that it will be closing its Center City store in January 2025, writes Ryan Mulligan for the Philadelphia Business Journal. As…
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Idorsia Therapeutics Poised to Cut Hundreds of Jobs in Restructuring
Idorsia Therapeutics is negotiating to sell global rights to its high blood pressure drug amid a restructuring that could eliminate up to 270 positions, writes…
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One of Bucks County’s Largest Family-Owned Companies Acquires Six Applebee’s Restaurants
Newtown franchisee The Rose Group, one of Greater Philadelphia’s largest family-owned companies, has acquired six Applebee’s Neighborhood Grill + Bar restaurants in Central Pennsylvania, writes…
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Wawa Pennsylvania’s Largest Private Company, Beating Sheetz
Wawa remains Pennsylvania’s largest private company, outdoing convenience store competitor Sheetz by $5 billion in revenue last year, writes Ryan Mulligan for Philadelphia Business Journal.…
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Shapiro Approves One-Time Funding to Avert SEPTA Fare Hike and Service Cuts
Gov. Josh Shapiro has approved $153 million in one-time federal funding for SEPTA, preventing a planned fare increase and service cuts set to take effect…
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Wayne’s Aclaris Therapeutics Signs Exclusive Licensing Deal with Chinese Biotech
Wayne-based Aclaris Therapeutics has entered into an exclusive licensing agreement with a Chinese biotechnology company worth up to $960 million, causing a spike in the…
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2 Delaware County Tech Firms Among Fastest Growing in Nation
Seven Philadelphia-area companies made the 2024 Deloitte Technology Fast 500 list, including two from Delaware County, writes Ryan Mulligan for Philadelphia Business Journal. Deloitte’s 30th…
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Overbrook Home Previously Owned by Muhammad Ali, Kobe Bryant’s Grandparents Goes Up for Sale
A home in the Overbrook neighborhood that has ties to two of the world’s greatest athletes — Muhammad Ali and Kobe Bryant — is looking…
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Spirit Airlines Files for Chapter 11 Bankruptcy Protection
Spirit Airlines, Philadelphia International Airport’s third largest carrier, has filed for Chapter 11 bankruptcy protection, writes Jenna Martin for the Charlotte Business Journal, as reprinted…
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This Woman-Led Montgomeryville Company is a Family-Owned Business Award Honoree
Karla Trotman’s journey to leading Electro Soft, a contract manufacturing company, began at her family’s kitchen table in Ambler. Lisa Dukart highlights Trotman’s journey to…
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Howard Lutnick, Major Haverford College Donor, Tapped for Commerce Department
Howard Lutnick, a major donor to Haverford College, has been picked by President-elect Donald Trump to head the Commerce Department, writes Ryan Mulligan for the…
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Avantor in Radnor Opens Innovation Center, Looks at Acquisitions
Avantor, a life sciences products and services company in Radnor, is normally involved in merger and acquisitions activity, but it’s been keeping a low profile…
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Dill Dinkers Has Big Plans for Pickleball Across Montco
Dill Dinkers is rapidly expanding its presence in the region, starting with the recent opening of its first Montgomery County complex in Lansdale, reports John…
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Montgomery County Has Five of the Top 10 Hottest Housing Markets in the Region
Five Montgomery County towns have been recognized among the hottest housing markets in the Philadelphia region, reports Joanne Drilling and Ryan Mulligan for the Philadelphia…
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