Jun 11 2015

Red Lion’s Downtown Keeps Adding On

A new specialty bakery and handcrafted gifts shop in Red Lion is one of many additions to what is becoming a busy downtown scene in the borough.

“It’s something that’s been steady over time, but seems to be really picking up as we go,” said Carol Leas, owner of George’s Famous BBQ and president of the Red Lion Area Business Association.

When Ashley Bonhoff decided she wanted to open her own storefront in the downtown area, just a short distance from her own home, it seemed like the perfect location, she said.

The idea for her business, called And Everything Beyond at 101 S. Main St., came after years of compliments from her friends and family who enjoyed her homemade birthday cakes and other treats.

Jun 3 2015

Pittsburgh Region Adds 24,600 Jobs; Unemployment Unchanged

The Pittsburgh region’s job market roared ahead in April, posting the biggest monthly hiring spree in at least 25 years.

The seven-county metropolitan area added 24,600 nonfarm jobs and the unemployment rate remained stable at 5.3 percent as more people began a job search, according to preliminary data the Pennsylvania Department of Labor & Industry reported Tuesday.

It was the largest monthly gain on record since 1990, the earliest data available, and provided a nice boost heading into summer, PNC economist Kurt Rankin said.

“This is about as good a sign as we could get for the state of Pittsburgh’s economy,” Rankin said.

May 19 2015

Boscov: Mall At Steamtown Changes Must Get My Approval

Repurposing the troubled Mall at Steamtown as a Reading Terminal-style market, a casino or a skating rink will remain a dream.

That is because the mall’s lease agreement with Boscov’s Department Store allows the anchor tenant to veto significant changes like that, said department store chairman Al Boscov in an interview at The Times-Tribune, a Times-Shamrock newspaper, on Monday.

Boscov’s Department Store will likely be among bidders in the June 1 – 3 auction of the Mall at Steamtown and the goal will be to buy the mall and keep the mall all — or predominantly — retail, he said.

Boscov wants to keep people with ideas of re-purposing the mall, some of whom he called “cranks,” away from the auction scheduled by LNR Partners, the mall’s caretaker since it was taken over by lenders following foreclosure.

http://citizensvoice.com/news/boscov-mall-at-steamtown-changes-must-get-my-approval-1.1883885

May 11 2015

Royal Square Development Scores More Stores For Downtown York City

It isn’t supposed to be official yet, but a map of the Royal Square district in downtown York includes four new businesses expected to open later this year.

The map of the district was being distributed Sunday at district businesses during the annual Olde York Street Fair.

Dylan Bauer, the vice president of real estate development for the company, said the maps were not supposed to be released yet, but that he would soon be able to comment on the new businesses.

http://www.ydr.com/local/ci_28089775/royal-square-development-scores-more-stores-downtown-york

May 6 2015

Costco, Whole Foods Shopping Center Groundbreaking Set For This Week In Lower Macungie Township

A Whole Foods executive is slated to join Hamilton Crossings developers and local officials this week for the shopping center’s groundbreaking ceremony.

Whole Foods Market Executive Coordinator David Pinkney will be on hand for the Thursday afternoon event to be held at the future site of his company’s first Lehigh Valley store, developers announced Monday.

Representatives from The Goldenberg Group, of Blue Bell, Pennsylvania, and TCH Development, of Staten Island, New York; state Rep. Ryan Mackenzie; a representative from state Sen. Pat Browne’s office; Lehigh County Executive Tom Muller; Lower Macungie Township Board of Commissioners President Ryan Conrad and Lehigh Valley Economic Development Corp. President Don Cunningham are expected to attend the 2 p.m. ceremony, as well. It will be held at 4972 Medical Center Circle near the Wescosville Recreation Center.

http://www.lehighvalleylive.com/lehigh-county/index.ssf/2015/05/costco_whole_foods_shopping_ce_5.html

May 1 2015

CEO Takes The Blame As Sales Continue To Fall At Vitamin Retailer GNC

Mike Archbold fell on his sword Thursday, calling an unexpected drop in first-quarter sales at GNC a “self-inflicted wound.”

Archbold, who was hired as CEO in August to turn around a yearlong slump in sales and profit, said he mistakenly cut the Downtown-based vitamin and supplement retailer’s advertising budget by $5 million.

“We intentionally did not deploy a full slate of marketing. … This caused us to talk to our customers less, a lot less,” he told analysts. “To be clear, this was a mistake.”

Not a factor in the decline, he said, was negative publicity from a probe by the attorney general of New York that questioned the purity and authenticity of some herbal supplements sold by GNC and other retailers.

Apr 29 2015

Bethlehem Businesses Being Recruited For Allentown’s Neighborhood Improvement Zone

Many Bethlehem businesses are being recruited to move to Allentown’s Neighborhood Improvement Zone, which at least one Bethlehem official finds distressing.

NIZ developers — chiefly City Center Lehigh Valley — have approached at least a half-dozen Bethlehem businesses in recent months, the merchants said. Lynn Collins Cunningham, the senior vice president for Bethlehem initiatives for the Greater Lehigh Valley Chamber of Commerce, said she’s disappointed by the recruitment effort — arguing it runs contrary to the stated goals of the Allentown Neighborhood Improvement Zone Development Authority.

“I remember ANIZDA Board Chairman Sy Traub saying that the purpose of the NIZ was to redevelop Allentown, not to hurt other communities. With the outreach to so many of Bethlehem’s downtown businesses, it doesn’t seem like that philosophy is being followed,” Cunningham said. “I have been and continue to be a big proponent of the NIZ, but not at the expense of Bethlehem.”

http://www.lehighvalleylive.com/breaking-news/index.ssf/2015/04/bethlehem_businesses_being_rec.html

Apr 20 2015

Hazleton Alliance Predicts Revitalized Downtown With Strategic Plan Completion

HAZLETON, PA — If the strategic plan for the continued revitalization of downtown Hazleton becomes a reality, the planner believe Broad Street will again be filled with shoppers, students, employees and neighbors, bringing fresh blood, an improved streetscape and a much needed increase in economic activity.

The five-year plan, which outlines specific strategies for achieving goals, was finalized last week after nearly a year of meetings, surveys and pubic input.

Krista Schneider, executive director of the Downtown Hazleton Alliance for Progress, the non-profit organization which commissioned and coordinated the effort, credits its Board of Directors, area leaders and Hazleton residents for their support of the project and willingness to “think outside of the box” when it comes to the city’s future.

Schneider said the effort reflects goals directed by Pennsylvania’s Main Street Program, a four-pronged approach that includes organization, promotion, restructuring and design.

http://www.timesleader.com/news/local-news-news/153007106/

Apr 16 2015

New ‘Flagship’ Wawa In Center City To Have Seating

Wawa will open its first store with interior seating in Center City Philadelphia this year, the company announced Thursday as it celebrated its 51st anniversary by giving away free coffee.

Work on the store at South Broad and Walnut Streets should begin in May and be finished in time for a Thanksgiving opening, said Lori Bruce, a Wawa spokeswoman.

Wawas in Florida and several other locations have outside seating, but not indoors.

Bruce said besides the seating the “new flagship store … will feature many new design concepts.”

Apr 15 2015

PREIT Reveals The Gallery’s New Look

Everything about the decrepit Gallery at Market East may be about to change.

Under an intended top-to-bottom renovation, one of Center City’s most notorious dead spots would be reborn as a gleaming glass-and-steel emporium – brimming with brand-name discount fashion shops, destination restaurants, and lively sidewalk cafés.

Even the name would be new. Welcome, shoppers, to the Fashion Outlets of Philadelphia.

Details of the plan were provided exclusively to The Inquirer in advance of a series of meetings by government agencies whose support is vital to the project. The news marks a grand unveiling of plans for the Gallery following years of uncertainty and speculation.

Apr 11 2015

26 Free Eats In Easton On Saturday

Looking to enjoy the sunny forecast on Saturday?

Spring into Easton returns noon to 4 p.m. The free event welcomes visitors to peruse Downtown Easton’s shops. Each participating shop will be partnered with an Easton restaurant that will be offering samples.

According to a news release, 26 participating shops will also have game cards that visitors can pick up and get stamped throughout the day at each shop. A full card can be dropped off at a concierge booth in Centre Square to be eligible to win Downtown Easton Gift Cards.

Check out the participating shops and figure out where to go for your favorite restaurant’s samples.

http://www.lehighvalleylive.com/food/index.ssf/2015/04/17_free_eats_in_easton_on_satu.html

Mar 28 2015

Aldi To Reopen 30 Of 66 Shut Bottom Dollar Stores

Discount grocer Aldi said Friday that it will reopen 30 of the 66 former Bottom Dollar stores it took over in Pennsylvania, South Jersey, and northeast Ohio after the previous owner, the Delhaize Group, shut Bottom Dollar last year.

Five ex-Bottom Dollar stores in Philadelphia and 14 in the suburbs will reopen. Four Philadelphia stores will stay shut, along with 13 in the suburbs.

Aldi, an Illinois-based U.S. arm of Germany’s Albrecht family grocery conglomerate, said in 2013 it planned a $3 billion expansion, and Friday’s announcement is part of that effort.

Additional article about Lehigh Valley locations:

http://www.lehighvalleylive.com/breaking-news/index.ssf/2015/03/aldi_to_convert_2_of_8_bottom.html

Mar 25 2015

Boscov’s To remodel Wilkes-Barre Store To Tune Of $1 Million; Work To Start In 2 Weeks

WILKES-BARRE, PA — Al Boscov said Tuesday that the long-awaited million-dollar renovation of the downtown store will begin in two weeks.

“We’ve had a slight change in design, and that’s the reason for the delay in starting,” Boscov said. “The project will begin on the third floor and the estimate remains at $1 million.”

It’s been one year since Boscov announced the plan to remodel the South Main Street store and customers and employees have been anticipating the project.

Last March, Gary Boyer, Boscov’s senior executive vice president/chief stores officer, said carpeting was going to be installed within a month, but the project never started. Boyer also said shoppers could expect to see brighter lights, new carpeting and flooring, freshly painted walls, some new features, expanded departments and maybe a few new shops.

Read more: http://www.timesleader.com/news/business-home_top-local-news/152531939/

Mar 12 2015

Grass-Roots Effort For A Marketplace In The Mall At Steamtown Continues

SCRANTON, PA — The idea of a Reading Terminal Market marketplace in the Mall at Steamtown is gaining momentum.

The concept to create a marketplace in a portion of the mall began nearly two months ago as brothers, Michael and George Boyd, both of Scranton, started a Facebook page to gauge public’s interest to save their city’s retail hub.

Thousands in Lackawanna and Luzerne counties have weighed in on the idea. Last month, the Boyd brothers said the positive responses were “overwhelming.”

Today the Facebook page, Reading Terminal Market at the Mall at Steamtown, has more than 5,800 “Likes” and is getting people talking about how to revive the mall.

Mar 9 2015

Has Philadelphia’s Market East’s Time Finally Come?

If Philadelphia were a basketball court, Market Street East would be that inexplicable dead spot on the floor, the place where the ball just doesn’t bounce.

The eight-block corridor has four Dunkin’ Donuts and two Subway sandwich shops — but no outdoor cafe. A McDonald’s sits in what used to be a porn emporium.

The mid-street shopping selection on what should be a glittery avenue ranges from drug store to cut-rate clothing to cash-for-gold. Addicts come and go from a methadone clinic. The homeless own the corners, and the constant, rolling wall of buses fouls the air.

For years, when people like Paul Levy pitched the route’s potential to developers, they answered, “Yeah, I get it, but nobody goes to Market Street.”

Mar 7 2015

Changing Skyline: Developer Roland Kassis Transforming Fishtown Into Hip Haven

Every changing neighborhood in Philadelphia seems to have one: a developer who dominates the scene.

In Northern Liberties, it’s Bart Blatstein. In Newbold, it’s John Longacre. In Point Breeze, it’s Ori Feibush. On South Broad Street, it’s Carl Dranoff. They amassed their real estate holdings when the neighborhoods were cheap, then became the masters of their destinies when the places emerged, Sleeping Beauty-like, from slumber.

Now, it’s Fishtown’s turn, and Roland Kassis is the reigning developer. Over 25 years, Kassis estimates, his company, Domani Developers, has collected a million square feet of property, mainly in old manufacturing buildings along Frankford Avenue, the neighborhood’s commercial spine. That’s almost as much space as the Comcast Tower holds.

Kassis, 44, who was born in Lebanon, raised in Liberia, and speaks French, exhibits the same manic energy and insatiable appetite for abandoned factories as the other neighborhood titans, but he has a sensibility more in tune with Fishtown’s arty, DIY, tattoo-and-vintage-loving culture. He not only nurtured a yoga studio on Frankford Avenue, he practices there and eschews meat. It’s hard to imagine many other Philadelphia developers chanting “Om.”

Feb 22 2015

Could The Mall At Steamtown Reinvent Itself With An Open-Air Market Atmosphere?

SCRANTON, PA — The Mall at Steamtown hasn’t exactly been running at full power lately.

But a couple of brothers have gone to social media to pitch an idea to put more firepower in the ailing mall, and the public is starting to take notice.

Scranton natives Michael Boyd and his brother George think creating a marketplace similar to the long-standing Reading Terminal Market in Philadelphia could be the key to the city’s revitalization.

The downward spiral of the once-vibrant downtown mall has been apparent in recent years. A walk through the two-story structure on Lackawanna Avenue last week showed 47 active store fronts and 23 shuttered ones.

Feb 3 2015

RadioShack On Brink Of Bankruptcy; Amazon, Sprint In Talks To Buy Stores, Reports Say

RadioShack Corp. is edging toward bankruptcy and both Sprint Corp. and Amazon.com Inc. are interested in buying some of its stores, according to reports.

Under a bankruptcy deal, the century-old electronics retailer would sell about half of its store leases to Sprint Corp., headquartered in Overland Park, Kansas, and close the rest, Bloomberg.com reported Monday. The remaining stores would operate with the wireless carrier’s name, meaning RadioShack would cease to exist as a stand-alone retailer.

“Sprint and RadioShack also have discussed co-branding the stores. … It’s also possible that another bidder could emerge that would buy RadioShack and keep it operating,” the report says

Sanpower Group, one of the China-based firms that brought gadget retailer Brookstone out of bankruptcy with the intent of operating it as a stand-alone brand, has expressed interest in RadioShack, too.

Jan 26 2015

“Malls Have Been A Dying Thing For Us”: Who’ll Replace RadioShack?

Radio Shack has been trying to close more than 1,000 of its 5,000 stores for the past year; its lenders are resisting; bankruptcy threatens.

Meantime other retailers are weighing whether Radio Shack sites — 29 in Philadelphia and its nearby suburbs, a total of 130 from Wilmington to Princeton, each about 2,000-2,700 sq ft — would make good lunch spots, phone stores, massage salons.

“We have a lease” to take over a Philadelphia-area Radio Shack — he won’t say which, it’s still open — and are negotiating for others in Boston, Atlanta, Miami, and Austin, Tex., Todd Leff, CEO of Hand and Stone Massage and Facial Spas, a 200-store franchise chain based in Hamilton Township, N.J., told me. Hand and Stone says it has 35 locations in the Philadelphia area and South Jersey, and plans up to 15 more. Each store employs 30, including therapists and aestheticians for massage and skin care. Hour-long treatments cost $49-99.

Jan 24 2015

Plans To Transform Underperforming Burlington Mall

Over the next two to three months, officials in Burlington Township will be getting architectural and civil engineering drawings of what the new Marketplace at Burlington – formerly Burlington Center Mall – will look like, as well as a count of the traffic it is hoped it will generate.

By mid-spring of next year, owner Moonbeam Capital Investments L.L.C. of Las Vegas says, groundbreaking will begin to convert the underperforming mall into a must-see destination off Exit 47A of I-295 for shopping, dining, and entertainment.

If all goes as planned, the $230 million-plus phased conversion will also include manicured green spaces with benches and fountains that seamlessly tie a traditional mall with an open-air town center.

The full build-out is expected to take from two to three years and will be done in stages. The mall will stay open the entire time.

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