October 17, 2014
Philadelphia –- Urban Outfitters Inc. is warning that continued negative same-store sales in the third quarter of fiscal 2014 may have an impact on quarterly earnings. The specialty apparel chain said declining same-store sales could deleverage gross profit margin for the third quarter at a rate greater than during the first half of the year, leading to dampened profits.  
October 15, 2014

Off-price retailer Century 21 Department Store will open in Philadelphia on Oct. 28, 2014.

October 15, 2014

Off-price retailer Century 21 Department Store will open in Philadelphia on Oct. 28, 2014.

October 6, 2014

Ross Dress for Less will open a new store in the Philadelphia area on Oct. 11.

September 16, 2014

The Mills announced plans for a multimillion dollar renovation of Franklin Mills, the largest outlet and value retail shopping destination in the Philadelphia region.

September 16, 2014

The Mills announced plans for a multimillion dollar renovation of Franklin Mills, the largest outlet and value retail shopping destination in the Philadelphia region.

September 8, 2014

Nearly all Americans (96%) are coupon users, according to the latest edition of the Shoppers Trend Report conducted in conjunction with The Omnibus Company.

September 8, 2014

Whole Foods Market moves into the fast-growing same-day grocery-delivery space with the news that it is partnering with one-hour grocery delivery startup Instacart to have Whole Foods products delivered to customers’ homes in as little as one hour.

August 20, 2014

Pennsylvania Real Estate Investment Trust has entered into an agreement to sell an anchor pad underlying a Bon-Ton store in Bethlehem, Pennsylvania, contiguous to Westgate Mall.

August 7, 2014

Amazon.com has expanded same-day delivery in Baltimore, Dallas, Indianapolis, New York City, Philadelphia, and Washington, D.C., metro areas, with more than a million eligible items now available for same-day delivery.

June 18, 2014

VeriFone Systems Inc. is making its Way2ride sound-based mobile app for smartphones available to taxi passengers in Philadelphia.

June 9, 2014

Urban Outfitters has opened a “lifestyle center” store, in Manhattan’s Herald Square neighborhood. The 57,000-sq.ft. store is the brand’s largest location to date, and its13th store in New York City. It includes such extras as a hair salon, bookshop, coffee bar and photography shop that lets shoppers print their photos from Instagram.

June 4, 2014

Extreme-value teen retailer Five Below will make its Houston debut on June 6, opening eight stores in and around the city.

May 28, 2014

Brandywine Realty Trust, Amtrak and Drexel University have selected Skidmore, Owings & Merrill LLP in association with Parsons Brinckerhoff, OLIN, and HR&A Advisors to develop a comprehensive master plan for the area around Philadelphia’s 30th Street Station.

May 2, 2014

When building an urban store, be prepared for anything, and make friends with your local Economic Development Corp. early, said retailers and a developer at the “Setting Up Shop Downtown” session.

It’s critical to get the local community on board and solicit their comments early, advised Terry Pratt, senior tenant coordinator of Philadelphia-based PREIT, particularly regarding lighting and signage.

April 25, 2014

Century 21 has signed into The Gallery in Center City Philadelphia.

April 23, 2014

Faith Hope Consolo, chairman, and Joseph Aquino, executive VP of Douglas Elliman's Retail Group are bringing Philadelphia-based, international Society jeweler, Paul Morelli, to 895 Madison Avenue, at the intersection of 72nd Street.

March 25, 2014

Cedar Realty Trust has completed the acquisition of Quartermaster Plaza in Philadelphia.

March 19, 2014

A new $500 million retail/residential development is reportedly planned for downtown Philadelphia.

March 4, 2014

Remember 2011 and 2012? Back then, the forecasters were saying that the economy would probably be sluggish through 2013. After that, starting in 2014, growth would return.

January 23, 2014

Kmart will shutter two locations in the Philadelphia area this spring, Philadelphia Business Journal said.

January 23, 2014

Kmart will shutter two locations in the Philadelphia area this spring, Philadelphia Business Journal said.

January 9, 2014

Franklin Flea’s successful holiday season earned the once-a-week indoor flea market a return booking for April.

January 7, 2014

Destination Maternity Corp. is thinking big. The world’s largest retailer of maternity apparel is bullish on its superstore format, with new locations in Paramus, N.J., and Virginia Beach, Va. The Philadelphia-based company has an estimated 35% to 45% share of the U.S. maternity market.

The two new stores vary in size and have different layouts, as well as some merchandising variations. But both are designed as customer-centric, one-stop shopping resources. And both share a common vision.