Commerce
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Saks Bankruptcy Leaves King of Prussia Store Intact — for Now
Luxury retailer Saks Global, which operates Saks Fifth Avenue and Neiman Marcus, has filed for Chapter 11 bankruptcy, writes Erin McCarthy for The Philadelphia Inquirer. The company says the move is aimed at restructuring its finances while remaining in business. For Montgomery County shoppers, the impact appears mixed but relatively limited for now. In Montco,…
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Riddle EMS Rebranded as Main Line Health EMS to Reflect Fleet Mission
Main Line Health has rebranded Riddle Emergency Medical Services at Riddle Hospital in Media as Main Line Health EMS. The announcement was made on Wednesday, Jan. 14, with a ribbon-cutting ceremony, writes Sarah Gantz for The Philadelphia Inquirer. The seven ambulances that make up Riddle EMS employ 77 paramedics and EMTs. They have been providing…
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Get to Know Coatesville’s Johnny Weir’s Figure Skating Legacy Ahead of TV Show Debut
Johnny Weir, the American figure skater turned television personality, is drawing attention again with his inclusion on Peacock’s The Traitors Season 4, writes Russell Steinberg for Us Magazine. A native of Coatesville, Weir became one of America’s most recognizable figure skaters, winning three consecutive U.S. National Championships from 2004 to 2006 and going on to earn medals at…
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Penn and BioNTech Partner on New $50M Fund for Early-Stage Life Sciences Companies
The University of Pennsylvania and global biopharmaceutical company BioNTech have launched a $50 million fund to support early-stage life science companies emerging from the university, writes Sarah Huffman for Technical.ly. The Penn-BioNTech Innovative Therapeutics Seed (PxB) Fund will be managed by local venture firm Osage University Partners. “[The fund] will allow us to move faster…
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Philadelphia Midwife Collective to Open New Birth Center, Community Health Practice in Germantown
The Philadelphia Midwife Collective plans on converting a historic 100-year-old house in Germantown into Philadelphia’s newest birth center and community health practice, writes Nicole Leonard for WHYY. The goal is to provide an alternative labor and delivery option in an area where hospital maternity units and birthing centers have been shrinking or closing, further widening…
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Former Exton Office Building Converted into 32-Unit Apartment Building
A vacant office building in Exton has been redeveloped into a suburban rarity, an apartment building with 24 studio units and eight single-bedroom apartments, writes Joseph N. DiStefano for The Philadelphia Inquirer. Ownership of the building rests with a group led by local real estate lawyer David McFadden, broker John McGee, and investment partner Chiu Bai. The group hopes…
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Dock Mennonite Makes $1.5M Land Play in Montgomery County
A longtime Montco private school is expanding its footprint with a notable land purchase in Hatfield, writes Ryan Mulligan for The Philadelphia Business Journal. Dock Mennonite Academy has acquired a neighboring 4.5-acre farm property at 1850 Tomlinson Road in Hatfield for $1.53 million, giving the school additional room to grow while preserving open space next…
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PGA Looking for Some Local Help to Hire for Aronimink Tournament
About 200,000 people are coming to Delaware County, specifically the Aronimink Golf Club in Newtown Square, during the second week of May for the 2026 PGA Championship. PGA America is going to need some help and is on a hiring spree, writes Emma Dooling for the Philadelphia Business Journal. It’s looking to hire 250 workers…
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TGI Fridays Reopens Doors with New Management in Bensalem
TGI Fridays has returned to Bensalem near Parx Casino, reopening its doors after shutting down last year, writes Dino Ciliberti for Patch. “We are back and better than ever,” said TGI Assistant Manager Kimberly Martin. “We are under new management with a fresh menu, and a new, creative cocktail experience at our fully functional bar.” The restaurant offers two…
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Avenue of the Arts Revival Project On South Broad Street Set to Start This Month
The revival of the ten-block stretch of Avenue of the Arts on South Broad Street will begin this month, following the unveiling of updated designs on January 14, writes Molly McVety for PhillyVoice. Over the next decade, $150 million will be invested in streetscape upgrades along the area, in a project dubbed “AveArts 2.0.” Desaree…
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Crust Vegan Bakery Opens New, Larger Location in East Falls
Crust Vegan Bakery has officially opened in East Falls, moving to a larger location than its two-space operation in Manayunk, writes Beatrice Forman for The Philadelphia Inquirer. Now equipped with a bigger space, Crust Vegan Bakery can now consolidate its commercial kitchen and retail storefront. The opening in East Falls is the culmination of nine…
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DelVal Featured in The College Tour’s New Episode, “Coffee with College Presidents”
Delaware Valley University is once again featured in The College Tour streaming series in a new episode titled “Coffee with College Presidents.” In the episode, President Dr. Benjamin Rusiloski sits down with Alex Boylan to share what makes DelVal such a unique university. The pair discuss the Experience360 (E360) program that is integrated into every…
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Nordstrom Rack Launches New Locations, with One Coming to Exton
Nordstrom Rack, the off-price division of Nordstrom, is preparing to launch four new locations in the Philadelphia area, with one set for Exton in the fall, writes Jeff Blumenthal for the Philadelphia Business Journal. The Exton store will cover 30,000 square feet and be located inside Main Street at Exton, a popular shopping center at Routes 30 and 100. The…
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How Montgomery County Found $14M in Savings Without Layoffs
A behind-the-scenes Montgomery County office is quietly reshaping how local government operates, saving taxpayers real money in the process, writes Fallon Roth for The Philadelphia Inquirer. Montgomery County’s Office of Innovation, Strategy, and Performance, launched in early 2025, has helped identify roughly $14 million in savings over the past year and cut the county’s budget…
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New Hope’s Bradley Cooper Celebrates Anniversary of Cheesesteak Restaurant
New Hope resident Bradley Cooper paid a visit to Good Morning America’s set with fresh cheesesteaks to celebrate Danny & Coop’s one-year anniversary, writes Sabrina Weiss for People. Cooper opened the New York restaurant in January 2025 with Angelo’s Pizzeria owner Danny DiGiampietro. The co-owners were complimented by the talk show’s anchors, who raved about the quality of the cheesesteaks with their perfectly melted…
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Prospect Medical Asks Court Permission to Dispose of Patient Records
Prospect Medical Holdings is seeking court approval to dispose of 470,000 patient records and save itself $350,000 a year in annual storage costs, writes John George for Philadelphia Business Journal. The bankrupt company stated in a filed motion that the storage costs are an “unsustainable burden.” “These burdensome patient records, while historically maintained in the…
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Center City Office Leasing Market Saw Strong End to 2025, Here’s Why
More than five years after the pandemic lead to Center City seeing less and less commuters, its office market is finally getting more stable. This is due to an increase level of tenant interest in trophy properties, writes Noah Zucker for BisNow. According to JLL, the city’s central business district — which includes Center City,…
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New $11.5M Project Aims to Beautify Philadelphia in Preparation for 250th Birthday Celebrations
Mayor Cherelle Parker has announced a partnership between the city and various other partners on a new $11.5 million project to beautify key access points into Philadelphia, writes Tom MacDonald for WHYY. The new beautification project is both in preparation to welcome the world to Philadelphia to celebrate America’s 250th birthday and part of the…
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