Philadelphia Business Journal
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$58M Rehab Hospital Ready to Open at Concordville Inn Site
Encompass Health held a ribbon-cutting on April 29 for its first Philadelphia-area rehabilitation hospital on the site of the former Concordville Inn, writes John George…
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Stone-Clad Berwyn Estate with Fireplaces and Home Theater Hits Market
A stone-clad seven-bedroom, 10-bathroom estate in Berwyn, set on 12 acres and topped with a burnt red roof, has recently hit the market for $6.25…
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Pinball, Fortnite, and Fresh Brews: A Family-Friendly Brewery Is Coming to Springfield
The husband and wife team of Matt and Stephanie Courchain are opening a retro arcade and brewery in Springfield known as the Battle Royale Brewing…
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Chicken Salad Chain Spreads Its Wings With Locations Coming to Chester County
Southern fast-casual chain Chicken Salad Chick is set to enter the Philadelphia market with six locations across Chester and Montgomery counties, writes Emma Dooling for the Philadelphia Business…
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John Ternus, Next CEO of Apple, is a University of Pennsylvania Alum
Apple recently announced that University of Pennsylvania alumnus John Ternus will become the next CEO of the company starting September 1, writes Alastair Goldfisher for…
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PECO Announces Transition of President and CEO David Vahos to Special Advisor to Exelon’s President and CEO
PECO President and CEO David Vahos will transition to the role of Special Advisor to Exelon President and CEO Calvin Butler. Mike Innocenzo, Exelon’s Chief…
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Two Investment Firms Plan to Own Sizable Stakes in Restructured QVC Group
Silver Point Capital and Strategic Value Partners, both investment firms based in Greenwich, Connecticut, will hold sizable stakes in QVC Group after the West Chester-based…
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Richard Lazer, Port of Philadelphia’s Next CEO and Executive Director, Eyeing Further Growth
Richard Lazer, who has served as executive director of the Philadelphia Parking Authority since 2022, has been unanimously selected as the next CEO and executive…
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Radnor Drug Designer Certara Sells Medical Writing Business
Radnor-based drug developer Certara is selling its regulatory and medical writing business for up to $135 million to Veristat, writes John George for Philadelphia Business…
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Chester County’s United Sports and YSC Sports Sold to Out-of-State Youth Sports Operator
United Sports Training Center in Downingtown and YSC Sports in Wayne have a new owner in Indiana-based Capacity Sports Group, which operates youth sports programs and manages…
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St. Joe’s Prep Receives Largest Donation Ever Given to a U.S. Catholic High School
St. Joseph’s Preparatory School recently received a massive $74 million gift, an amount that points to being the largest donation ever gifted to a Catholic…
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Fusion Gym, Fusion Theater Sign on as 69th Street Tenants
Fusion is the new name around town in Upper Darby’s 69th Street area. Fusion Gyms and Fusion Theaters have signed leases to occupy 70,000 square…
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West Chester’s QVC Group to File for Bankruptcy, Plans 90-Day Restructuring
Amid ongoing efforts to manage $6.6 billion in debt, West Chester-based QVC Group has announced plans to file for Chapter 11 bankruptcy protection, writes Jeff Blumenthal for…
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Philadelphia Opens Norwegian Cruise Lines to Northeast Customers
Norwegian Cruise Line is betting that its new PhilaPort Cruise Terminal in Tinicum will bring customers from the Northeast and mid-Atlantic, writes Emma Dooling for…
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Mobile Order Pickup Windows Replacing Wawa Drive-Thrus
Wawa is abandoning its drive-thru experiment, replacing it with mobile order pickup windows called Fly Thrus, writes Emma Dooling for Philadelphia Business Journal. The Delaware…
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One of Nation’s Largest Search Firms Acquires Philadelphia-Based Howard Fischer Associates
Howard Fischer Associates, a Philadelphia executive search firm, has been acquired by executive search firm giant ZRG, writes Jeff Blumenthal for the Philadelphia Business Journal.…
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CCP Now Cardiology Walk-in Clinic Now Open in Springfield
In another response to Delaware County’s loss of urgent care facilities, a walk-in cardiology clinic has opened in Springfield, writes John George for the Philadelphia…
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New Owners Offer Details on Future of Taylor, Springfield Hospitals
Local investors who now own the former Taylor and Springfield hospitals have laid out different expectations for each facility, writes John George for the Philadelphia…
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