PhillyDeals: Is A High-End Retailer In Gallery’s Near Future?

Work crews have been hammering away, restoring the wood-and-bronze-accented central hall of the former Strawbridge & Clothier store downstairs at 801 Market St. from our Inquirer offices.

Rumors that Bloomingdale’s or another high-end department store will take the space have been current in the neighborhood.  Earlier plans and speculation had centered on a casino, a Target, or high-end restaurants.

Of course, Bloomingdale’s owner, Macy’s Inc., hasn’t announced a new Philly store.  Erin Halley, spokeswoman for Pennsylvania Real Estate Investment Trust (PREIT), told me there’s nothing to announce.

But retail-watchers say PREIT, which didn’t upgrade the Gallery complex when it improved its malls in Cherry Hill, Plymouth Meeting, and other suburbs in the late 2000s, finally looks ready to make a Center City move – especially since it agreed to pay $60 million to buy the last section it didn’t already own from Vornado Realty Trust last fall.

Read more at http://www.philly.com/philly/business/20130712_Is_a_high-end_retailer_in_Gallery_s_near_future_.html#H0ISG0TbHQrRt3SG.99

Second Bear Spotted Near Pittsburgh Mills Mall

The Pittsburgh Mills mall in Frazer experienced a rush of new clientele this weekend: two bears in two days.

Unlike a small, 150-pound bear that perused electronics at Sears on Saturday night and prompted an evacuation of the mall, a second larger bear was more interested in the dining establishments.

Around 11:45 p.m. and about an hour and 45 minutes after wildlife conservation officers tranquilized the small bear in Sears, the second 250 to 300 pound bear emerged near the Olive Garden parking lot.

Frazer police Officer Tim Christian said he and his fellow officers warned employees outside the Longhorn Steakhouse to leave as the female bear wandered over to the restaurant.

Read more: http://www.post-gazette.com/stories/local/neighborhoods-north/second-bear-spotted-near-pittsburgh-mills-mall-645841/#ixzz21SjL1kJP

J.C. Penney Outlet In Fairgrounds Square Mall In Transition To Broader Based Store

JC Penney is one of the three department stores at the mall. (Photo credit: Wikipedia)

The J.C. Penney Outlet, one the three anchor stores at the Fairgrounds Square Mall, is experiencing growing pains.

The store is transitioning to a new outlet store with a new name, JC’s 5 Star Outlet, and an expanded inventory of closeouts from various manufacturers.

For now, store manager Bob Williams wants to focus on one thing: letting customers know that the store is open for business with no plans to close.

“Last year, when J.C. Penney decided to get out of the outlet business, customers were led to believe that we would be leaving,” Williams said.

Read more: http://readingeagle.com/article.aspx?id=390171

Pottstown And Upper Darby Sears Stores Closing

Image via Wikipedia

Sears Holding Corporation just released their store closing list and two area Sears stores are on the chopping block.  The Coventry Mall and 69th Street Sears stores are closing.  No Kmart stores will be closed in Pennsylvania and no other Sears store in Pennsylvania will close, other than Pottstown and Upper Darby.

The Sears store at Coventry Mall predates the mall.  Originally Sears was in downtown Pottstown and moved across the river into North Coventry Township as a stand alone store.  When the mall was built in 1967, Sears was connected to the mall.  The Sears store is last surviving original anchor store at Coventry Mall. 

Sears retail stores have been in decline for several decades.  Sears was the nation’s largest retailer until the 1980’s but has declined considerably since then.  In 2005 Sears merged with Kmart.  Kmart purchased Sears and Kmart Holding Corporation changed its name to Sears Holding Corporation.

Sears built and owned what is still the tallest building in the United States, the Sears Tower in Chicago.  In 1993, Sears sold their skyscraper and moved into an office park setting in Hoffman Estates, IL.

King Of Prussia Mall Closing At 5pm Today!

King of Prussia Mall (Photo credit: Wikipedia)

Due to the anticipated impact of Hurricane Irene, King of Prussia Mall will be closing at 5 p.m. as a precautionary measure to help ensure the safety of shoppers, retailers and mall employees. The mall expects to re-open tomorrow at 11 a.m. for regular business hours. Should that change, more information will be posted as soon as it becomes available.

Sands Casino Plans Hotel And Mall In Bethlehem

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The very successful Sands Casino in Bethlehem is adding more attractions to lure gamblers.  A new 300-room hotel is opening by Memorial Day which will allow gamblers to make the Sands an overnight destination.  In addition, the casino is opening a 35-store mall on the property which will give gamblers (and non-gamblers) a shopping and dining diversion.  The mall has a proposed soft opening date of November 1^st.  Grand opening is scheduled for President’s Day weekend, in February of 2012.

Another project in the works is a conference facility that could accommodate 2,500 people.  This would allow the casino to compete in the lucrative convention and trade show market.  The conference facility could become a reality by the end of the year.  There are eight other buildings on the site which the casino hopes to develop and a residential area is also being considered.

Adjacent to the casino is the Steel Stacks complex and ArtsQuest Center.  The ten-acre entertainment area includes a concert pavilion, farmers market, antique market for starters. 

The economic impact of these projects will benefit Bethlehem for generations to come.