July 24, 2015 |
The Commerce Building in the heart of downtown Camden is set to be demolished starting Saturday, a process expected to take about two weeks. The city's Parking Authority, which owns the one-acre parcel, is turning it into a parking garage. The vacant, eight-story building at the corner of Broadway and Federal Street was built in the 1960s to replace a department store, and sits near City Hall, municipal court, the county court, the Walter Rand Transportation Center, and two PATCO stops.
January 30, 2015 |
AS MAYOR NUTTER strode onstage and took to the podium, the song "Run This Town" by Jay Z, Rihanna and Kanye West echoed through the hotel ballroom speakers: Got a problem, tell me now. Only thing that's on my mind. Is who's gonna run this town tonight . . . We gonna run this town . Although the intro music elicited a laugh from Nutter, the mayor's speech at yesterday's annual Greater Philadelphia Chamber of Commerce luncheon seemed crafted to leave little doubt about who has run this town - steering the city through one of the worst economic downturns in the nation's history and installing a chief integrity officer to weed out government waste and corruption.
January 9, 2015
ALLISON BERLINER, 30, of Center City, is co-founder & CEO of SpotItBuyIt, which helps small retailers sell more via Instagram with a mobile app. Berliner, a 2013 Wharton MBA, co-founded the startup - which launched in a trial phase called beta in November - with chief technology officer Roopak Majmudar, 33, of University City. I spoke with Berliner. Q: How did you come up with the idea for SpotItBuyIt? A: We'd been working with small retailers and kept hearing the word Instagram and they really wanted help on converting mobile traffic [on]
October 21, 2014 |
As more shoppers stay home and buy by phone, Wal-Mart Stores Inc. has killed plans to keep opening new U.S. stores at the rate of more than one a day, and is instead building high-tech warehouses that ship straight to consumers, including one with help from a Pennsylvania tax break. Wal-Mart boss Carl Douglas McMillon , who took over management of the largest U.S. retail chain (and Pennsylvania's biggest private employer) earlier this year, told investors last week he will cut $850 million from his new-stores budget in 2015 - and spend $350 million more on "e-commerce" facilities, including a second giant warehouse in Bethlehem.
September 27, 2014 |
Following on the recommendations of a task force created to examine the Department of Licenses and Inspections, Mayor Nutter on Thursday moved the department under the public-safety umbrella and away from commerce. To add to the message that L&I's main priority and focus should be public safety, Nutter created a new position, chief safety officer. The mayor, however, did not address the panel's foremost recommendation: to split the agency in two, an act that would require changing the City Charter.
August 2, 2014 |
Another day, another road map. The day after a City Council contingent presented plans for an ambitious data-driven program to guide city spending, the Greater Philadelphia Chamber of Commerce announced its own ambitious data-driven program to guide economic growth to pay for that spending. Both initiatives involve deep statistical dives into the city's health, listening tours, and final reports. While Council hopes to affect the spending habits of future mayors, the chamber wants to put its imprint on the coming race for the city's next chief executive, as well as on his or her first term in office.
May 23, 2014
LAST WEEK I went to New York and promptly got annoyed. That's not exactly unusual, particularly when the Rangers are in the playoffs and the Flyers are not. But this time around, the worm in my municipal apple had nothing to do with either sports, superiority or the Sandinista in the Mayor's Office. This time I was peeved because I had to stand in line for almost an hour before I could nab a taxi to the financial district and then, once I successfully hailed one, it took another hour to go 20 blocks.
March 7, 2014 |
At its peak in the mid-2000s, Vernon Hill's Commerce Bank was adding its boxy, sunlit branches up and down the East Coast at the rate of one a week. On Saturday, Hill was back, in Cherry Hill, near his Moorestown mansion, opening a new glass-walled Republic Bank branch that looks like the next generation of Commerce - or Metro Bank Plc , his fast-growing operation in England. Seven years after he stepped down as Commerce CEO amid a dispute with regulators - and six years after Canada's Toronto-Dominion Bank paid $8.5 billion for Marlton-based Commerce and its 460 branches and $48 billion in loans and other assets, then scrapped the big red C signs and replaced them with white-on-green TD placards - Hill sees new opportunity in his old front yard.
August 11, 2013 |
Peter Page Schauffler, 90, of Kittery Point, Maine, a deputy commerce director under three Philadelphia mayors, died Sunday, July 28, of congestive heart failure at home. He had moved to Maine in 2002 to be near his children. Mr. Schauffler was deputy director of commerce under Mayors Joseph S. Clark Jr., Richardson Dilworth, and James H.J. Tate. He served from 1953 to 1968. Born in New Rochelle, N.Y., he grew up in Washington, where his parents worked in the administration of President Franklin D. Roosevelt.
July 8, 2013 |
With 60 percent of the Delaware River navigation channel now at or deeper than 45 feet, steamship lines and port officials say the dredging will do two things: Put more cargo on ships currently coming into the ports of Wilmington, Philadelphia, and South Jersey, and allow larger ships from Asia to sail the river when the Panama Canal expansion is completed in 2015. It's been 30 years since Congress directed the Army Corps of Engineers to investigate the feasibility of deepening the channel from 40 feet to 45. Since the project began in March 2010, 42 miles of the 102-mile channel from Camden to the Atlantic Ocean have been deepened.