Commerce
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Philadelphia-based Rite Aid Plans to Shrink Its Operational Footprint As Part of Bankruptcy Proceedings
Philadelphia Navy Yard-based Rite Aid is currently negotiating with its creditors regarding a Chapter 11 plan that would include shutting down a sizable number of the chain’s stores, write Alexander Gladstone and Andrew Scurria for The Wall Street Journal. The company has proposed to close between 400 and 500 of the stores in bankruptcy and…
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Penn Takes First Place Among Schools That Set Their Students Up for Financial Success
The University of Pennsylvania does more than any other college in the nation to set up its students for financial success in the future, according to the new Wall Street Journal/College Pulse ranking, writes Kevin McAllister for The Wall Street Journal. The ranking’s Salary Impact category focused solely on how an undergraduate degree earned at…
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Owner of Historic Office Building in Center City Mulls Converting It to Apartments
Baycrest Properties & Management, which owns the western side of the Public Ledger building, is considering converting the office space into multifamily rental housing, writes Jake Blumgart for The Philadelphia Inquirer. The ground floor, occupied by the Center City District, is the only part of the building that is owned by the New York-based company…
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A Temple University Alum is the New President of Comcast Business
Ed Zimmermann is being promoted from chief financial officer and head of strategy of Comcast Business to its new president, writes Ryan Mulligan for The Philadelphia Business Journal. In the role, Zimmerman will head Comcast’s $10 billion business services unit and be a key cog in driving continued long-term growth and strategic innovation. The unit…
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Popular South Street Art Boutique is Back and Better Than Ever
More than a year after a nearby fire took out its storefront, Eye’s Gallery is starting anew, writes Nikki DeMentri for CBS News Philadelphia. For more than 50 years, Eye’s Gallery has been a South Street staple. First opened in 1968, the boutique was sparked by Julia Zagar’s love for Latin American folk art. At…
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House of the Week: 7,700 Square Feet in Chestnut Hill with Amazing Views of Wissahickon Valley Park
A beautiful traditional home on one lovely acre with six bedrooms and five full and two half bathrooms that spans 7,700 square feet is available for sale in Chestnut Hill. . . This truly magical property was originally designed by Brockie and Hastings and later expanded by Tilden and Pepper, two of the city’s most…
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Father Judge High School’s New Career and Technical Education Academy Allows Students to Think Outside the Box
When Father Judge High School graduated the first class of its welding program last year, it was the start of something new, writes Wakisha Bailey for CBS News Philadelphia. Soon, the high school will have a 20,000-square-foot space that will house its new Career and Technical Education Academy. The academy will include a number of…
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Children’s Scholarship Fund Philadelphia opens K-8th Grade Applications for 2024-2025 School Year
Children’s Scholarship Fund Philadelphia (CSFP) has officially opened its 2024-2025 application season and will award 2,000 new scholarships to students this year. These need-based, K-8th grade scholarships are available for Philadelphia families interested in sending their students to more than 150 tuition-based schools throughout Philadelphia. Applications are open through March 1, 2024, but families who…
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Taste the Tradition: Exploring the Fusion of Heritage and Modern Cuisine in Philly’s High-End Restaurants
Gastronomes looking for the next eclectic delicacy to grace their placemat should look no further than the City of Brotherly Love and immerse themselves in the aroma of Philly’s high-end restaurants. The Panorama Wine Bar at Penn’s View Hotel in Old City has 150 wines by the glass, and 120 on tap, writes Kelly Magyarics…
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Local Doctor Offers Insight into Our Attraction to Scented Candles
Many people find scented candles irresistible this time of year, and there is a good reason for it, according to otolaryngologist Marta Becker of Clarity ENT in Spring House, writes Terry Ward for National Geographic. “Scent is closely connected with the emotional center of our brain and our center of memory,” said Becker. “It’s very…
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Esteemed Interior Designer Opening a New Gift Shop in Rittenhouse Square
Jimmy DeLaurentis, a Philadelphia-based interior designer, is planning to open a showroom with a retail space and studio in Rittenhouse Square, writes Emma Dooling for the Philadelphia Business Journal. He is scheduled to debut James by Jimmy DeLaurentis, his private label collection, at 114 S. 19th Street in early October. The collection will include customizable…
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The History-Making Political Career of C. DeLores Tucker
Cynthia DeLores Nottage, who would later become famous as C. DeLores Tucker, never let being one of the youngest in her family overwhelm her, writes Avi Wolfman-Arent for Billy Penn at WHYY. At a young age, she never hesitated to make her voice heard, eventually beginning a career as an activist and politician. In 1968,…
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In Honor of National Drive Electric Week, PECO Continues Its Commitment to Cleaner Energy Solutions
Did you know that the average cost to charge an electric vehicle is three times less than fueling an internal combustion engine equivalent? With the rising cost of gasoline prices and numerous electric models available to drive, EVs are becoming a more affordable option. This week is National Drive Electric Week (Sept. 22 to Oct. 1), and…
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Crystal Carson is a Full-Time Analyst, Single Mother and Advocate of Peirce College
Crystal Carson knows how important flexibility is when it comes to college classes for a working mother. As a single mother, she needed a curriculum that could fit her busy lifestyle. After meeting with a Peirce College advisor to discuss how the program works, she decided that Peirce would be a great fit for her.…
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Main Line Restaurateur Uses Family Legacy to Strengthen Women’s Voices
Sydney Grims, director of business development for Fearless Restaurants, created Fearless Femmes events to inspire and empower women. Supporting other women is important to the fourth-generation Main Line restaurateur who is the first female in her family to go into the business, writes Ben Silver for Main Line Today. Her great-grandfather owned restaurants in Lackawanna…
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University City Hub Eyes Being a Breeding Ground for Innovation
Eight months since it was first opened in January 2023, tenants at One uCity Square have high hopes for its future, writes Ryan Mulligan for The Philadelphia Business Journal. The 400,000-square-foot building, which houses Penn Medicine’s Institute for RNA Innovation, has been used to foster interdisciplinary collaboration and scientific breakthroughs. Penn professors and…
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Fashion District’s Precarious Finances May Be Influencing 76ers’ Push for Speedy Green Light on New Arena
The 76ers’ development company has spent the last year pushing for City Council to give the green light for the team to build a new arena in Center City as soon as possible, write Sean Collins Walsh and Jake Blumgart for The Philadelphia Inquirer. While the development team behind the proposal has not specified why…
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Kensington-Based Philadelphia Brewing Company Rebounds from Revenue Loss with Help from the City
After nearly a year, Philadelphia Brewing Company in Kensington has received a City check for lost revenue, writes John McDevitt for KYW Newsradio. In September 2022, a Community Life Improvement Program crew that maintains vacant lots across the city accidentally cut down the hops — an essential ingredient in the beers — the brewery had grown. …
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