November 14, 2015 |
The blue light began to flash, and Angela Campbell bolted toward the front center aisle of the Kmart on 3301 Aramingo Ave. in Northeast Philadelphia. For the next 15 minutes, Campbell, 54, was transported back in time. The flashing bulb was like a disco flashback. She could see herself and her eight siblings in the 1970s, following their mother in tow to the local Kmart. They made a mad dash with their shopping cart whenever they heard the voice on the store intercom alerting them, "Attention Kmart shoppers . . . " It was time for a big markdown of an item located near the flashing blue light.
July 31, 2015 |
Pennsylvania Real Estate Investment Trust, owner of Exton Square Mall in Chester County, plans to demolish the site's Kmart building and replace it with a large-format organic grocery store. PREIT chief executive Joseph Coradino told analysts in a conference call Wednesday that the grocer would be named in the coming days. A lease for 55,000 square feet has been executed, he said. Philadelphia-based PREIT also has identified a dine-in movie theater and a bowling-and-entertainment center as prospective tenants for the former site of a 118,000-square-foot J.C. Penney Co. store at Exton Square, Coradino said.
February 17, 2015 |
Three years ago, Shelly Fisher's medical-identification-bracelets company in West Conshohocken, Hope Paige Designs L.L.C., had just started to hit its stride. Her goal - to create jewelry designed not only to potentially save lives but to be fashionable, thus more likely to be worn - had been realized. The market was responding with back-to-back years of doubling sales. And then, about a year later, a light went on for Fisher. A light-emitting diode, or LED, to be precise. It would be the catalyst for a new company, 4id L.L.C., and a new product line of LED-enhanced safety items - lighted adjustable bands, shoelaces, ear buds, and clips for runners, walkers, bikers, skiers, campers, pets - that generated $500,000 in sales in 2014, its first year.
November 18, 2014 |
If any company should be comfortable in the cutthroat business of American retail these days, it should be QVC , the West Chester-based instant-shopping outfit. Store chains such as Urban Outfitters are scrambling to reach buyers through smartphone apps, wired warehouses, and data-guided custom offers in social media. Even Walmart is cutting way back on building new stores. Online-sales giant Amazon.com , for all its rapid growth, is barely profitable. QVC has no chain stores, just its high-ceilinged studio/headquarters at the former Commodore Computer complex, a Lancaster County warehouse, and similar centers in Britain, Italy, Germany, Japan, China, and, soon, France.
February 11, 2014 |
PHILADELPHIA Claudette Boyd and her teenage daughter, Tamika, took the 17 bus from South Philadelphia early enough Sunday morning to seize an excellent position outside Kmart in the Gallery mall. Shoulder to affectionate shoulder, the two women leaned against a railing, watching the Kmart staff prepare for the onslaught. Behind them, as 11 a.m. approached, the competition gathered. Through the metal mesh security gate they could see dozens of blaring yellow "Everything Must Go!" signs, like flags on an Olympic slalom course, marking the aisles where the race for bargains would momentarily begin.
January 31, 2014 |
The owners of the Gallery don't plan to replace Kmart with another store when it closes in April. Instead, the plan is to replace the two-story discount retailer with multiple stores, Joseph F. Coradino, chief executive at the Pennsylvania Real Estate Investment Trust (PREIT), disclosed before speaking to a group of retail real estate professionals at Villanova University on Wednesday. PREIT, based in Center City, operates 35 malls around the nation and eight in the region, including Cherry Hill Mall, Moorestown Mall, and Plymouth Meeting Mall as well as the Gallery.
January 25, 2014 |
Kmart stores in the Gallery and Northeast Philadelphia will close in late April, the company said Thursday. Liquidation sales will begin Feb. 9. Employees at the Gallery store were told Thursday that the stores would close. But rumors had been rampant for months, and the smell of closure had already settled in. Following the holidays, the Gallery store had been looking sparse, with Christmas decorations and seasonal merchandise cleaned out but not replaced. The Gallery store has 120 employees and the Kmart at 900 Orthodox St. has 169, some of whom will receive severance pay and will be able to apply at other Kmart and Sears stores.
July 17, 2013 |
Jack Robbins, 84, a manufacturer's representative for toy companies, died Sunday, July 14, of lung cancer at the home of his former wife in Villanova. Mr. Robbins worked with toy retailers and wholesalers from Maine to Virginia, as well as the Kiddie City stores in the Philadelphia area. Later, he sold toys to Kmart and Toys R Us, and at the time of his death was a sales rep for Wiffle Ball. "They refused to accept his resignation," his daughter Deborah said. Mr. Robbins and his twin, Saul, were born at home on Yewdall Street in West Philadelphia, the fifth and sixth children of Joseph Robbins, a house painter.
April 18, 2013 |
Pennsylvania Real Estate Investment Trust now controls three blocks on Market Street in Center City. Vornado Realty Trust , of Paramus, N.J., said Tuesday that it had completed the sale of the Kmart property at 901 Market St. to PREIT for $60 million. The sale was announced in October. The deal means one owner controls all of the real estate that makes up the Gallery at Market East, which stretches from a Burlington Coat Factory store at 11th and Market to the former Strawbridge & Clothier store, where The Inquirer is now a tenant.
November 21, 2012
GO AHEAD. ROLL your eyes at me if you want to, but Thanksgiving is the new Black Friday. There's no use fighting it any more. I gave up and you might as well, too. America lost the culture wars a long time ago. Walmart, Sears, Toys R Us, Kmart and the rest won, which is why more retailers than ever will be open on Thursday. Thanksgiving creep, as they're calling this trend of Christmas shopping encroaching on T-day, has become as much a part of the holiday as turkey with gravy. Yes, it's awful for store employees who'd rather be home with their families.