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Closings

NEWS
November 8, 2015 | By Jack Tomczuk, Inquirer Staff Writer
Spacious apartments featuring full kitchens and bathrooms now occupy the hallways and classrooms that used to fill the Nativity B.V.M. School in Port Richmond. Later this month, seniors will move into the four-story brick building at 3255 Belgrade St. that opened in 1916 and shut its doors as a school in 2008. It will have a new name, Nativity B.V.M. Place, and a new mission, to provide low-income seniors with apartments of their own. A partnership of the Archdiocese of Philadelphia, the city, and the federal government came together to remake this corner of Port Richmond.
BUSINESS
November 7, 2015 | By Suzette Parmley, Inquirer Staff Writer
Athletic apparel retailer City Sports is set to liquidate its assets and close all 26 store locations nationwide - including three stores in the Philadelphia area. The closures come after the Boston-based company failed to buy a new owner after filing for bankruptcy in October. Instead, the company was purchased by Hilco Global and Gordon Brothers Retail Partners - both known for buying distressed properties and selling off their assets - at an auction earlier this week. The purchase price was not disclosed.
NEWS
November 6, 2015 | BY VINNY VELLA, Daily News Staff Writer vellav@phillynews.com, 215-854-2513
ANDREW SCHULTZ spoke with his brother for the last time 13 years ago. Phil was in Philly, where he had wandered after leaving his home and job on Long Island. It was a brief conversation, a phone line connecting brothers 150 miles apart. In the intervening years, on trips down to Philadelphia, Andrew often thought about walking the streets, trying to reconnect with his brother. He never did. "Once he didn't want to go back with us, or do anything with us, I figured how am I going to force him to come home or to do anything for him?"
NEWS
November 6, 2015 | By Robert Moran and Tricia L. Nadolny, Inquirer Staff Writers
The race among three Republicans for two at-large seats on Philadelphia City Council remained officially too close to call Wednesday, but two of the contenders expressed confidence that they would triumph. "We just finished an election and I won," Al Taubenberger said in a voice mail greeting. "I'm very, very optimistic," Taubenberger said in an interview. "It's pretty much a done deal," said Councilman David Oh, also in an interview. Oh received the most votes of any Republican.
NEWS
November 4, 2015 | By Jeremy Roebuck, Inquirer Staff Writer
Chaka "Chip" Fattah Jr. sought to portray himself as a diligent and successful school administrator as he wound down his defense case Monday in his federal bank and tax fraud trial. Two school officials called to testify on his behalf said Delaware Valley High School-Southwest offered an adequate learning environment to at-risk students, despite government allegations that Fattah was draining tens of thousands of dollars from its budget between 2010 and 2012. Majeedah Scott, who oversaw alternative school programs for the Philadelphia School District, said the campus - near 64th Street and Elmwood Avenue in Southwest Philadelphia - mostly received sufficient marks on its annual evaluations in those years.
BUSINESS
November 4, 2015 | By David Sell, Inquirer Staff Writer
Hatboro-based Philidor RX Services, LLC, the mail-order specialty pharmacy involved in the controversy with Valeant Pharmaceuticals, said Monday evening that it would cease operations in 30 to 90 days. Philidor, which was founded in 2013, also had a location in Horsham and Phoenix, Ariz. In a Facebook video, Philidor CEO Andrew Davenport told Pennsylvania State Sen. Stewart Greenleaf that the company had about 430 employees in Pennsylvania and about 200 elsewhere in country. A Philidor spokesperson said Davenport told employees in a letter Monday that Valeant's decision to end the corporate relationship meant Philidor could not continue to operate.
NEWS
October 31, 2015 | By Jason Laughlin, Inquirer Staff Writer
The city has allowed ESPN to close for more than 48 hours a block of Market Street - a major city thoroughfare - near Independence Mall to set up its roving weekly college football GameDay live telecast. ESPN chose Philadelphia for its weekly College GameDay show because undefeated Temple University is playing Notre Dame on Saturday night at sold-out Lincoln Financial Field in this weekend's prime-time college football game. The event offers great exposure for Philadelphia, Mayor Nutter's spokesman Mark McDonald said Thursday night, calling it, "an excellent opportunity to market the city to a national audience.
BUSINESS
October 31, 2015 | By Linda Loyd, Inquirer Staff Writer
Cargill Inc., which owns the legendary Wilbur Chocolate brand - maker of Wilbur Buds - said Thursday that it will close its century-old chocolate-manufacturing plant in Lititz, cutting 130 jobs and reassigning 30 others. Production at the brick factory on North Broad Street there will be shifted in January to more modern and efficient plants on West Lincoln Avenue in Lititz and in Mount Joy, Hazelton, Milwaukee, and Ontario, Cargill said. "There is no change to the brand or the product offerings," Cargill spokesman Pete Stoddart said in an interview.
BUSINESS
October 30, 2015 | By Jacob Adelman, Inquirer Staff Writer
Pennsylvania Real Estate Investment Trust has sold Voorhees Town Center after learning that one of the South Jersey shopping mall's anchor stores planned to close, PREIT chief executive Joseph Coradino said Wednesday. The sale was in response to an unsolicited offer for the 732,000-square-foot mall, which is anchored by Macy's and Boscov's department stores, Coradino told investment analysts in a conference call. "Voorhees Town Center had the lowest sales in our portfolio," he said.
BUSINESS
October 30, 2015 | By Jacob Adelman, Inquirer Staff Writer
Jefferson Apartment Group and Haverford Properties Inc. are apparently close to being chosen as a team to develop the Festival Pier site on the Delaware River, among the most ambitious revitalization initiatives on Philadelphia's eastern waterfront. Jefferson Apartment senior vice president Drew Chapman said his team, which has been assisted by architect Cecil Baker, will present its proposal for the site Friday to Delaware River Waterfront Corp.'s board of directors. The appearance marks the culmination of a selection process that began in February, when the DRWC published its guidelines for the site's transformation into a mixed-use residential district with ample public space.
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