Posts Tagged: Philadelphia retail buildings

Univest Bank Closing 20% of its Retail Branches

Univest Financial Corp. said it plans to close eight of its 39 retail branches, or 20% of its footprint, as part of an optimization plan that has been accelerated by Covid-19. Since 2015, the Souderton-based parent of Univest Bank has consolidated 15 locations largely in its traditional home base of Bucks and Montgomery counties while… Read more »

ACME Markets Opens New Store at 40th and Walnut

ACME Markets, a Philadelphia based company, has opened its newest store at 40th and Walnut (former Fresh Grocer location) this morning. Here are some more details on what the new store includes: A Deli department featuring such meal solutions as sushi, Poke bowls, Asian hot bar, focaccia pizza, BBQ station, and ACME’s first ever Sally… Read more »

Gap to Close Two-Story Center City Store After More Than 20 Years

Gap Inc. is vacating its store at 1510 Walnut St. in Center City and laying off 32 employees as a result of the closure, according to a Worker Adjustment and Retraining Notification filed with the Pennsylvania Department of Labor and Industry. Gap has been a Walnut Street mainstay, having been in space on the street… Read more »

Amazon Grocery Store Coming to Northern Liberties Project Inc. has signed a lease for one of its new grocery stores in the Northern Liberties neighborhood of Philadelphia, according to sources familiar with the deal. The online retailer has taken 40,000 square feet of 60,000 square feet that is proposed for a new apartment complex at 5th and Spring Garden streets, the sources… Read more »

Boyds Retail Rebuilds After Looting Damages Store and Plans a Suburban Outpost for the First Time in 83 Years

Kent Gushner was at home the evening protests turned into looting, violence and vandalism in Center City. He watched the scene unfold from security cameras installed at Boyds, one of Philadelphia’s oldest and vaunted retailers. Glass doors and windows from his family-owned store at 1818 Chestnut St. were broken and marauders plundered any items they could get… Read more »

Philadelphia Retail Space Deliveries, Construction And Inventory

Philadelphia retail space expanded by 66,506 square feet in the second quarter 2014 with the completion of eight Philadelphia retail buildings in the Philly retail space market, a new market trend report from the CoStar Group says. In the past four quarters, total retail space in Philadelphia has grown by 1,197,460 square feet, according to… Read more »

Philly Retail Space Deliveries, Construction and Inventory

Philly retail space grew by 252,369 square feet in the fourth quarter 2013 as 15 Philadelphia retail buildings were completed, according to a market trend report from the CoStar Group. That increase brings the total retail space in Philly completed over the past four quarters to 1,008,403 square feet, according to CoStar’s Fourth Quarter 2013… Read more »