September 12, 2015 |
The new two-story Five Below store on 1529 Chestnut St. marks a milestone for the fastest-growing discount teen retailer in the nation. Its arrival on Chestnut Street - in the old Arcadia Theatre - also continues the corridor's hot streak as a magnet for national retailers, a drastic change from just two years ago. "This is our baby, for sure," said Five Below CEO Joel Anderson, as he took a sweeping glance of the store known for its shock of...
September 8, 2015 |
One-stop shopping has taken on new meaning for customers of the Acme supermarket just off the Black Horse Pike in Audubon. They can now add medical treatment to their grocery list. Prominently in the front of the Camden County supermarket is a recently opened clinic, staffed by a nurse-practitioner, that provides treatment for minor ailments, such as sore throats, fevers, flu, ear aches, and colds. "This is a good tool to use," said Brian Seeley, a Voorhees family physician who occasionally sees patients at the clinic.
August 26, 2015 |
PMC Property Group plans to add ground-floor retail to its One Water Street residential project near the Benjamin Franklin Bridge amid increasing pedestrian traffic along the Delaware River waterfront, the company said. "The sense is that there is considerable activity there, and we are going to try to accommodate some retail," PMC executive vice president Jonathan Stavin said in an interview. The 250-unit project - consisting of separate 13- and 16-story sections - is being constructed at 230 N. Columbus Blvd., near the recently landscaped Race Street Pier and the historic building that now houses the FringeArts theater and restaurant complex.
August 22, 2015 |
New York-based window treatment maker The Shade Store is leasing a two-story building at 1725 Chestnut St. in Center City, which will house its first Philadelphia-area showroom. The store, which opens Friday, will occupy the first floor of the 4,000-square-foot building that previously housed a succession of restaurants, including a Famous Dave's barbecue, said Larry Steinberg, a senior vice president at real estate brokerage CBRE, who brokered the lease. "For their first foray into the Philadelphia-area market, they chose Center City," Steinberg said.
August 14, 2015 |
Although the pope's visit to Philly is still a little more than a month away, retailers here are cashing in on pope-mania. The image of Pope Francis is emblazoned on T-shirts, charm bracelets, caps, mugs, and tote bags. A pope doll that stands about 11 inches tall, wearing a papal robe, belt, and crucifix, sells for $22 at the Children's Boutique at the Shops at Liberty Place. Orders have been pouring in at Boscov's stores for a $79.99 Lenox China figurine in the likeness of Pope Francis, who is to be here Sept.
July 18, 2015 |
Retail giant Macy's Inc. dumped billionaire Donald Trump and his men's clothing line last month, after his inflammatory remarks about Mexican immigrants. Other national retailers say Trump's negative commentary continues to reverberate throughout the retail industry. Apple Vacations, a national travel agency, last Friday canceled a major event at a Trump hotel in Chicago that was scheduled for September. And last week Perfumania, which licensed the Trump name for fragrances, dropped him. Earlier this month, Serta, which licensed Trump's name for mattresses, ended its business relationship with the real estate mogul.
July 13, 2015 |
For most shopping centers, a busy parking lot means busy stores. At Cheltenham Square Mall, on the other hand, the well-trod blacktop masks a big problem within. "There's, like, nothing in there," Kayla Smith-Campbell said Tuesday, glancing across the parking lot where a DSW shoe store closed last month, leaving only a sun-bleached outline of its old marquee. Inside the 1950s-era mall, more than half of the five dozen stores are shuttered. Those that remain sometimes go entire days without seeing a sale, several clerks said.
May 19, 2015 |
ATLANTIC CITY - Bass Pro Shops opened here April 15, and the outdoor gear and apparel retailer surpassed expected sales by "40 percent" for its first month. "It was outstanding," said Eric Clements, the store's general manager, whose Springfield, Mo., firm doesn't release specific sales numbers. The Bass store sales represent a hopeful blip in this ailing gambling town, where four casinos closed last year, snuffing out 8,000 jobs. Retail is expected to play a bigger role here.
May 18, 2015 |
The United States will defend its gold medal from the last Olympic rugby championship at next year's Summer Games in Rio. You don't recall team captain "Babe" Slater 's heroics in that 17-3 U.S. blowout over France? No surprise: It was in 1924. Rugby will be returning to the Olympics after 92 years, and one of the biggest customer-owned Philadelphia-area companies you might not be familiar with has joined forces with Comcast's NBC Sports , fast-growing but cash-starved men's and women's college rugby programs, and a gang of sports promoters who see opportunity in a revival of the famously physical ballgame.
May 18, 2015 |
Outlet malls, which offer savings on designer goods in an open air setting, are expanding their footprint. When Gloucester Premium Outlets opens in August in Blackwood, it will be the 69th outlet center in the United States for Simon Property Group. The company's portfolio has grown steadily over the last three decades, with at least one or two outlets opening every year since 1995. That trend is likely to continue, says Stephen Yalof, chief executive officer of Simon Premium Outlets.