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BUSINESS
April 20, 2016 | By Joseph N. DiStefano, Staff Writer
After five years as eBay Enterprise, the $1 billion-in-annual-sales, King of Prussia-based, 7,500-worker retail-logistics company founded as GSI Commerce is back as an independent firm with a new name, Radial. "We were the smallest business unit in a big public company. Now, commerce technology and commerce operations is the only thing we do," Radial chief executive Tobias Hartmann said before Tuesday's planned unveiling of the new name at the company's headquarters. Hartmann said that the firm has grown beyond taking clients' customer orders and shipping products from its warehouses in Southern states, Canada, and Europe.
BUSINESS
December 24, 2012 | By Maria Panaritis, Inquirer Columnist
T'was the Sunday before the Sunday before Christmas, and all through the stores, so few consumer-creatures were stirring . . . well, I barely waited for a food-court burrito, hardly broke a sweat for parking, and saw virtually none of the long checkout lines retailers expect and need during the holidays. Uh-oh , I thought to myself. That bad feeling I'd had on Black Friday, after retailers pulled out the stops with Thanksgiving store openings - only to see less-than-killer crowds the next day - had apparently been a sign of more troubling news to come.
BUSINESS
January 14, 1988 | By SUSAN GUREVITZ, Special to the Daily News
Since 1980, American retailers have been carrying on a love affair with imported clothing makers and spurning the products of domestic apparel manufacturers. But over the past six months or so, the U.S. garment industry has enjoyed a renewed flirtation with retailers, partly in response to the dollar's falling value overseas and partly because of a new perception by consumers that clothing made in the U.S.A. is better. "There's definitely movement in the direction of domestic clothing makers," said Bob Swift, executive director of Crafted with Pride in the USA Council, the non-profit group that developed the "Made in the USA" campaign.
BUSINESS
February 14, 1996 | by Jenice M. Armstrong, Daily News Staff Writer Staff writer Anthony S. Twyman and Daily News wire services contributed to this report
Wallace Oversby had a big decision to make - what kind of lingerie to buy his girlfriend for Valentine's Day. A teddy? A bustier? The 23-year-old Embassy Suites guest services clerk was torn. He said he wanted to get her something sexy but not too risque. "You don't want her to think you're some kind of a freak or anything," he explained, as he left Secrets on South, an intimate-apparel store. Thanks to customers like Oversby, who already had purchased a pair of $70 black Reebok athletic shoes for his sweetheart, many retailers yesterday breathed a collective sigh of relief.
BUSINESS
October 23, 1992 | by Francesca Chapman, Daily News Staff Writer Daily News wire services contributed to this story
To hear some retailers, it won't be the decorations going up, or the carolers singing that will inspire Philadelphians to begin their Christmas shopping. Rather, it's the inevitable end of this year's political campaigns, which have preoccupied customers for months, that may encourage them to get out and spend. "I don't think Bush is going to win, and I think that'll give a real boost to the economy," said Larry Glauser, co-owner of the Sports Favorites apparel store on Cottman Avenue in the Northeast.
BUSINESS
August 6, 1987 | By ROBIN PALLEY, Daily News Staff Writer
Attention Yupscale shoppers: Sharper Image, the executive toy catalog business that also operates 30 retail stores, is racing into Ardmore for an October opening - maybe aboard a pair of its $99 "Frollerskates with Innershoes. " J. Bildner, a hybrid grocery caterer and gourmet operation based in Boston, is renovating a store on Rittenhouse Square, where it will sell things like Ethiopian Harar coffee and goat cheese, side by side with toothpaste and toilet paper. Honeybee, which sells brand-name and designer women's career clothes, is coming to 1711 Walnut St. by early October.
NEWS
January 4, 2013 | ASSOCIATED PRESS
NEW YORK - A last-minute surge in spending saved the holiday shopping season. Major retailers, including Costco, Gap and Nordstrom, on Thursday reported better-than-expected revenue in December. That comes as a relief for stores, which can make up to 40 percent of their annual revenue in the last two months of the year. Americans spent cautiously early in the season as the Northeast recovered from Superstorm Sandy. Then they held back because of fears that the U.S. economy would fall off the "fiscal cliff," triggering massive budget cuts and tax increases that would have amounted to less money in their pockets.
NEWS
July 13, 2015 | By Jessica Parks, Inquirer Staff Writer
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.
NEWS
September 24, 1999 | by Erin Einhorn, Daily News Staff Writer Staff Writer Mensah M. Dean contributed to this report
They were developers, Realtors and retailers and nearly all of them had one thing in common: But for nine or 10, almost none were registered to vote in Philadelphia. They weren't necessarily campaign contributors, either, and the event was not a fund-raiser. But that doesn't mean that either candidate for mayor could afford to be absent. Nope. If you're going to be mayor in Philadelphia, you need these guys on your team. "They represent important development interests in the city of Philadelphia," said Republican mayoral candidate Sam Katz yesterday after addressing several hundred members of the International Council of Shopping Centers, who were holding their annual regional meeting at the Convention Center.
NEWS
January 19, 2011 | By Elizabeth Wellington, Inquirer Fashion Writer
Nyeemah Davis pulled away from her mother's hand, bounded through Cherry Hill Mall's newest children's clothing store, 77kids, and marched up to the electronic kiosk. Nyeemah, only 4 years old and dressed in a hooded, navy blue 77kids sweat suit, punched the oversize buttons on what looked like a giant iPod touch and snapped a digital self-portrait. Then she wandered over to the leopard-print hoodies. "Oh my God, Ny absolutely loves this store," said Laverne Davis, 28, of Clementon, who shops at the store's slightly grown-up predecessor, American Eagle.
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ARTICLES BY DATE
BUSINESS
April 25, 2016 | By Suzette Parmley, Staff Writer
After being the Rodney Dangerfield of retail for so long, "plus size" customers are finally getting some respect. The plus-size sector is booming as women's apparel stores such as stalwart Lane Bryant and 15-year-old Torrid, which cater to women and girls who wear bigger sizes, typically 14 and up, reported sales growth last year. And what about that trio of Sports Illustrated covers for the magazine's 2016 swimsuit issue? One of them features - drum roll, please - plus-size model Ashley Graham, 28, who happens to be the face of Lane Bryant.
BUSINESS
April 20, 2016 | By Joseph N. DiStefano, Staff Writer
After five years as eBay Enterprise, the $1 billion-in-annual-sales, King of Prussia-based, 7,500-worker retail-logistics company founded as GSI Commerce is back as an independent firm with a new name, Radial. "We were the smallest business unit in a big public company. Now, commerce technology and commerce operations is the only thing we do," Radial chief executive Tobias Hartmann said before Tuesday's planned unveiling of the new name at the company's headquarters. Hartmann said that the firm has grown beyond taking clients' customer orders and shipping products from its warehouses in Southern states, Canada, and Europe.
BUSINESS
April 18, 2016 | By Suzette Parmley, Staff Writer
Close calls don't count in sports retailing, and that helps explain why it will soon be lights out for the Sports Authority store in Cherry Hill. The field is crowded - Dick's Sporting Goods (the 800-pound gorilla because of its scale), Modell's, REI, Cabela's, and Bass Pro Shops are among the players vying for the sporting dollar. There's also Schuylkill Valley Sports, an employee-owned firm with 18 stores in the Philadelphia region, and City Sports, an East Coast chain that tanked and is being revived by two Wharton-trained brothers.
REAL_ESTATE
April 18, 2016 | By Alan J. Heavens, REAL ESTATE WRITER
For a native such as David Waxman, Philadelphia's current building boom is one for the books. "It's crazy," said Waxman, who, with Aaron Smith and Jacob Roller, is developing for-sale and mixed-use properties as MM Partners. "I grew up here," said Waxman, a graduate of Friends Select School and Boston University. "I've never seen anything like it. " The trio has long focused on Brewerytown - the five-story Braverman Building at 2617-19 W. Girard Ave. is their latest - but MM Partners' $45 million in completed projects since its start in 2008 are not limited to one neighborhood.
NEWS
April 15, 2016
ISSUE | DEVELOPMENT Riverfront projects need parking, retail As CEO of Tower Investments, I respect the Design Advocacy Group but take issue with several points in its commentary ("Room for improvement in two Blatstein projects," Monday). The plans for a big-box shopping center at the former Schmidt's Brewery in Northern Liberties, which DAG opposed, were not mine. Northern Liberties had the property zoned "strip shopping center/area shopping center" before my ownership. When a proposed city development at Penn's Landing failed to materialize, I moved my design plans for that canceled project to the Schmidt's site, which Tower Investments had acquired, and created the award-winning Piazza.
BUSINESS
April 11, 2016 | By Suzette Parmley, Staff Writer
When the black, $128.95 Vince Camuto summer sandals size 6, with a 2-inch cork heel turned out to be too big, Sherri Theodore decided to return them to Nordstrom's online, where she had bought them a few weeks before. "They just weren't right for me," said Theodore, 61, a retired bookkeeper from Ardmore. She reboxed the shoes and drove to the nearby Bala Cynwyd Shopping Center to mail them back at a UPS store there. Where do rejected items bought online or at a brick-and-mortar store end up when returned?
NEWS
April 9, 2016 | By Melanie Burney, Staff Writer
Camden County closed a $6.2 million deal Thursday to build apartments on the site of the old Pennsauken Mart on Route 130 in South Jersey. The Camden County Improvement Authority said it has reached a long-anticipated agreement with Delco Development of Willingboro. The Burlington County builder plans to put a 250-unit residential site on the property, according to the county. The project will also include amenities and retail outlets. In a statement, Pennsauken Mayor John Kneib said he was "excited to hear of the completed sale of the site.
NEWS
March 31, 2016 | By Jacob Adelman, STAFF WRITER
The Philadelphia Authority for Industrial Development has agreed to transfer the blighted Orinoka Mills factory site in Kensington to a nonprofit developer for conversion into mixed-income housing with office and retail space. The PAID board voted last week to convey the city-owned property, on East Somerset Street near the El station, to the New Kensington Community Development Corp., according to John Grady, president of Philadelphia Industrial Development Corp., which manages the authority.
BUSINESS
March 28, 2016 | By Suzette Parmley, Staff Writer
Digitally savvy millennials are the top buyers of gift cards. Gen X shoppers lean toward gift cards from traditional department and grocery stores. And boomers value one-stop shopping. That's what a joint study by the Wharton School at the University of Pennsylvania and the global information firm NPD Group Inc. recently revealed. The findings give retailers and brand manufacturers useful intelligence on how to better connect with their existing customers and attract new ones, said Denise Dahlhoff, research director of the Jay H. Baker Retailing Center at Wharton, who worked with the NPD Group on the study.
NEWS
March 17, 2016 | By Jacob Adelman, STAFF WRITER
Alterra Property Group has joined the development partnership planning apartments and retail space at the northwest corner of Broad Street and Washington Avenue in South Philadelphia. MIS Capital L.L.C., which has held an option to develop the city-owned property for eight years, teamed with Alterra after previous partner Toll Bros. Inc. backed out of the plan, said MIS founding principal Steven Gendler. Their proposal calls for a 356-unit apartment building and about 74,000 square feet of shopping in a project that involves the preservation of a 140-year-old train shed at the site, Gendler said.
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