Posts Tagged: Philadelphia

Netflix House coming to King of Prussia Mall

Netflix House coming to King of Prussia Mall

Netflix has set its sights on Philadelphia as one of the inaugural sites for its innovative retail, dining, and live entertainment venture. The entertainment giant intends to establish a Netflix House within the former Lord & Taylor space at the prestigious King of Prussia Mall. This brick-and-mortar concept is designed to fully immerse visitors in… Read more »

Another Wawa Location in Philadelphia is Set to Close

Another Wawa Location in Philadelphia is Set to Close

Another Wawa store in Philadelphia is shutting its doors. A spokesperson for the Delaware County convenience store and gas station chain confirmed to the Business Journal that Wawa did not receive a lease renewal offer for its location at 2000 Hamilton St., near Fairmount and the Philadelphia Museum of Art. The company declined to provide… Read more »

Nike’s Jordan World of Flight Store is Landing in Philadelphia

Nike's Jordan World of Flight store is landing in Philadelphia

Nike Inc. is set to open a Michael Jordan-branded store, Jordan World of Flight, at 1617 Walnut St. in Rittenhouse Square, Philadelphia. Spanning 7,000 square feet, this retail concept debuted in Milan in December 2022, aiming to be the future destination for celebrating the legacy and future of basketball culture. *Article courtesy Philadelphia Business Journal… Read more »

Twin Peaks Secures Franchise Deal for 10 Locations in Greater Philadelphia

Twin Peaks, the Lodge-Style Sports Bar Chain, Secures Franchise Deal for 10 Locations in Greater Philadelphia

Twin Peaks Restaurant has recently entered into an area development agreement with local entrepreneur Joe Nolan, marking its foray into the Philadelphia market. The agreement outlines plans to open 10 restaurants in the region over the coming years, although specific details about signed leases were not disclosed, as announced by Twin Peaks on Monday. Renowned… Read more »

French Bakery Plans to Enter Philly Market

La Madeleine, a french bakery, looking in Philly to expand

A French bakery and café chain is actively seeking franchisees to spearhead its expansion into Greater Philadelphia. La Madeleine has pinpointed 25 trade areas across downtown Philadelphia and its suburbs, identifying opportunities for at least one location in each area. While no deals are currently in progress, the chain aims to establish an initial 25… Read more »

Famous 4th Street Deli Sold to Connecticut Group

Famous 4th Street Deli Sold

The historic Famous 4th Street Delicatessen in Queen Village, which has stood for a century, is now under the ownership of the Locals 8 Hospitality Group based in Connecticut. The acquisition of this cherished Philadelphia establishment, along with its 7,263-square-foot building at 700 S. 4th St., was finalized on Jan. 8, as confirmed by founder… Read more »

Philly Retail is Looking Upward Despite Remaining Challenges

2023 in Review: Philadelphia retail on the upswing, but challenges remain

Following the resurgence of leasing activities and pedestrian flow in Center City after the Covid-19 pandemic’s impact in 2022, this positive trend continued to propel retailers in Philadelphia throughout the past year. As of September, retail occupancy in the Center City District stood at 84.5%, steadily regaining ground toward the pre-pandemic 89% mark observed in… Read more »

P.J. Whelihan’s Opening New Restaurants in Delco

P.J. Whelihan's opening new restaurants in Delco, South Jersey in 2024

PJW Restaurant Group has ambitious plans to expand its presence in Greater Philadelphia with the launch of at least two new P.J. Whelihan’s Pub and Restaurants in 2024, aligning with its annual growth targets. Jim Fris, CEO of the Westmont, New Jersey-based restaurant group, announced the forthcoming openings of P.J. Whelihan’s locations in Delaware County… Read more »

PREIT Files for Chapter 11 Bankruptcy

PREIT files for Chapter 11 bankruptcy protection, agrees to relinquish stake in Fashion District

Facing a significant debt load of over $1 billion, PREIT has made the decision to file for Chapter 11 bankruptcy protection for the second time in just a little over three years. The regional mall owner took this voluntary step by filing in the U.S. Bankruptcy Court for the District of Delaware, having already established… Read more »