Philadelphia Business Journal
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Temple University Receives Major Gift, Will Use Funds to Launch New Honors College in 2027
Temple University recently received one of its largest donations ever, and is using the generous gift to create a new honors college, writes Ryan Mulligan…
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Car Lovers’ Social Club Cannonball Coming to Fishtown With Storage, Bar, and Co-Working Space
Cannonball, a members-only car club, will open in Fishtown this summer with 15,000 square feet dedicated to vehicle storage, plus a bar, restaurant, and co-working…
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Chester County’s United Sports and YSC Sports Sold to Out-of-State Youth Sports Operator
United Sports Training Center in Downingtown and YSC Sports in Wayne have a new owner in Indiana-based Capacity Sports Group, which operates youth sports programs and manages…
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Philadelphia Opens Norwegian Cruise Lines to Northeast Customers
Norwegian Cruise Line is betting that its new PhilaPort Cruise Terminal in Tinicum will bring customers from the Northeast and mid-Atlantic, writes Emma Dooling for…
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Richard Lazer, Port of Philadelphia’s Next CEO and Executive Director, Eyeing Further Growth
Richard Lazer, who has served as executive director of the Philadelphia Parking Authority since 2022, has been unanimously selected as the next CEO and executive…
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West Chester’s QVC Group to File for Bankruptcy, Plans 90-Day Restructuring
Amid ongoing efforts to manage $6.6 billion in debt, West Chester-based QVC Group has announced plans to file for Chapter 11 bankruptcy protection, writes Jeff Blumenthal for…
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Penn Medicine Doylestown Health CEO to Retire, Talks Merger and Advice
After 13 years at the helm, including last year’s merger with the University of Pennsylvania Health System, Doylestown Health CEO Jim Brexler is retiring April…
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Mobile Order Pickup Windows Replacing Wawa Drive-Thrus
Wawa is abandoning its drive-thru experiment, replacing it with mobile order pickup windows called Fly Thrus, writes Emma Dooling for Philadelphia Business Journal. The Delaware…
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New York-Based Liquor-Infused Ice Cream Brand Opening First Philadelphia Location
Tipsy Scoop, the New York-based brand known for its liquor-infused ice cream, will be opening its first Philadelphia location, writes Emma Dooling for the Philadelphia…
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UBS Taps New Regional Leader, Prepares to Leave Conshohocken Office
A major wealth management firm with a presence in Montgomery County is entering a new chapter, writes Jeff Blumenthal for The Philadelphia Business Journal. UBS…
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Drexel’s Center City Medical Office Building Could Become 90 Apartments Under New Owner
Drexel University has a deal in place to sell a Center City medical office building that already has permits approved for conversion into apartments, writes…
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Thena Hotel in Center City Goes Up for Sale
Thena Hotel, a boutique property in Center City, has been put up for sale with an asking price listed at $2.62 million, writes Emma Dooling…
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Bucks County 150,000-Square-Foot Shopping Center Listed for Sale
Yardley’s Prickett Preserve shopping center, anchored by Wegmans, has been put on the market, writes Paul Schwedelson for the Philadelphia Business Journal. According to JLL’s…
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One of Nation’s Largest Search Firms Acquires Philadelphia-Based Howard Fischer Associates
Howard Fischer Associates, a Philadelphia executive search firm, has been acquired by executive search firm giant ZRG, writes Jeff Blumenthal for the Philadelphia Business Journal.…
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Big Changes Planned for Plymouth Meeting Mall as Developer Eyes Sports Complex
A major redevelopment vision taking shape in the region could soon have a big impact in Montgomery County, writes Paul Schwedelson for The Philadelphia Business…
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Rising Jet Fuel Prices Lead to American, Southwest Bag Fee Increase
Checked bag fees for Southwest Airlines and American Airlines have each jumped by $10, a result of surging jet fuel prices, writes Mike Albanese for…
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Philadelphia Bar Owners Are Split On Temporary Extended Curfew Law Going Into Effect This Summer
In late March, Gov. Josh Shapiro signed a bill allowing Philadelphia restaurant and bar owners to stay open until 4 a.m. for a portion of…
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Primanti Bros. Former CEO Acquires Langhorne Smoothie King in Recent Deal
The Markham Team, led by the former CEO of Primanti Bros., Adam Golomb, acquired eight Smoothie King locations in the Greater Philadelphia area, including one in Langhorne, writes Jake…
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