Recent News, Events and More

Retailer Bed Bath & Beyond Inc., under siege by dissident shareholders, is looking to cut costs this year by negotiating more favorable leases for its more than 1,000 stores and closing at least 40 of them, according to company officials.

Kennett Square, PA - Wasabi Chinese and Japanese Restaurant has leased 1,600 square feet of retail space in the Shoppes at Longwood Village and will be opening Fall 2019.  Wasabi, with locations in Bradford Square and the Shoppes at Dilworthtown Crossing in West...

PureBread Deli will open its sixth location in the summerat the Shoppes at Longwood Village, Kennett Square.The announcement was made by Waters Retail Group, which manages and leases the shopping center.PureBread, which has four other locations in Delaware and another...

Fish out, dog in.The eight-year run of Big Fish in the Shoppes at Brinton Lake in Glen Mills will wrap Saturday, March 9.“Lease negotiations did not go in our favor, which forced us to face reality and make a difficult decision that we felt was in the best interest of...

Coworking operators such as WeWork have been aggressively filling space in New York and may serve as a harbinger for what’s to come in Philadelphia. In recent months, WeWork has been taking leases of large amounts of space ranging from 115,000 square feet to 236,000...

A developer unveiled plans Tuesday to install a Wegmans grocery store as part of a sweeping plan to redevelop Barley Mill Plaza in Greenville. Newport developer Gregory Pettinaro, who owns the now defunct DuPont Co. office complex at the intersection of Del. 141 and...

The historic Kennedy Supplee Mansion at the Valley Forge National Historical Park is undergoing hundreds of thousands of dollars in renovations in the hopes of attracting future tenants, writes Kenneth Hilario for the Philadelphia Business Journal.The building, once...

The state of Pennsylvania approved a medical marijuana dispensary for the Chadds Ford area two weeks ago. The license went to GTI Pennsylvania, a licensed medical marijuana grower and operator of four other dispensaries in the state.According to the state’s approval...