Exton
-
Claire’s May Close 1,300 Stores After Filing for Bankruptcy, Including One in Chester County
After filing for bankruptcy last week, Claire’s, the low-cost jewelry and accessory retailer, has identified over 1,300 stores that could be closed, including one in Chester County, writes Ariana Perez-Castells for The Philadelphia Inquirer. “Increased competition, consumer spending trends, and the ongoing shift away from brick-and-mortar retail, in combination with our current debt obligations and…
-
West Whiteland Township Planning Commission Concerned Over Exton Square Mall Redevelopment Project
The West Whiteland Township Planning Commission is still not ready to advance the Exton Square Mall redevelopment project over traffic and open space concerns, writes Noah Zucker for BISNOW. Abrams Realty & Development had previously amended its master plan for the ailing shopping center, but Tuesday’s meeting indicated the changes were insufficient. The meeting ended…
-
Exton-Based Enigma Networks Delivers Cyber Protection for AI-Driven Threats
Enigma Networks, a cybersecurity software developer based in Exton, provides protection against artificial intelligence-driven network threats, writes Joseph N. DiStefano for The Philadelphia Inquirer. The startup is an 18-month “stealth project” from Bob Moul, a veteran of several Philadelphia-area software companies, and Mark Viglione, a former cybersecurity engineer at QVC and Vartex. Enigma offers a…
-
Abrams Realty Submits Revised Exton Square Mall Plans Reflecting Community Feedback
Abrams Realty & Development recently submitted revised plans for the Exton Square Mall site project in West Whiteland, with feedback from officials and residents, writes Andrew Seidman for The Philadelphia Inquirer. The original plans for 376 rental apartments and 243 for-sale townhouses now include the removal of 73 proposed townhouses, the addition of a luxury…
-
Personal Tragedy Led Exton’s Kensey Nash Founder to New Role as Lungpacer Medical CEO
Personal tragedy led Doug Evans, founder of Exton-based Kensey Nash, to change his business trajectory and become CEO of Vancouver-based Lungpacer Medical, writes Brian Gormley for The Wall Street Journal. Evans’ career soared in June 2012, when the Chester County company that he founded was sold for $360 million. At the same time, his personal…
-
Inside the Eccentric Heart of Award-Winning Wellington Square Bookshop in Exton
Local, independent, and eccentric are all words used to describe the award-winning Wellington Square Bookshop in Exton, which has just earned itself another two accolades from The Philadelphia Inquirer. 20 years ago, owner Sam Hankin was just trying find a space to house his hundreds of books. He never expected to being one of the…
-
Boscov’s Set to Outlive Exton Square Mall as New Owner Plans Mixed-Use Town Center to Replace It
With many department store giants, including Macy’s and JCPenney, closing stores during the years-long retail apocalypse, Boscov’s has stayed afloat and expanded, writes Noah Zucker for Bisnow. Now, the Exton Square Mall location of the nation’s largest family-owned department store chain is set to outlast the rest of the shopping center as the new owner…
-
West Whiteland Township Blocks Demolition, Development of Exton Square Mall
The West Whiteland Township Board of Supervisors recently approved an ordinance that blocks the large, proposed development of Exton Square Mall, writes Bill Rettew for The Daily Local News. After the public hearing, where many residents voiced their disapproval for the sizeable development, the three-member board voted unanimously. The Exton Square Mall sits on a…
-
Local Developer Moves to Acquire Exton Square Mall
Elkins Park-based Abrams Realty & Development is in the process of acquiring the Exton Square Mall with plans to revitalize the struggling property, writes Paul Schwedelson for the Philadelphia Business Journal. The developer intends to demolish part of the mall and add residential units along with adding a variety of other uses for the retail…
-
Beloved Radio Broadcaster and Longtime 6abc Host from Exton, Passes Away at 76
Walter “Wally” Kennedy, of Exton, a beloved KYW anchor and longtime 6abc host, died on Oct. 30 aged 76, writes Beatrice Forman for The Philadelphia Inquirer. Kennedy, best known for his wide-ranging interviews with celebrities and Philadelphia politicians, was a 6abc fixture for over two decades. He was the host of morning news shows AM…
-
Starbucks Baristas in Exton Call for Union Election
Starbucks baristas at the store located at 300 E. Lincoln Highway in Exton are the first in Chester County to file a petition for a union election since the workers at the coffee giant started organizing three years ago, writes Kenny Cooper for the WHYY. The petition was filed with the National Labor Relations Board…
-
Exton Mall Owner PREIT Going Private After Emerging from Bankruptcy for Second Time
PREIT, the owner of Exton Square Mall, is set to go private after it emerged from bankruptcy protection for the second time in four years, writes Paul Schwedelson for the Philadelphia Business Journal. When it filed for bankruptcy in December, the company faced over $1 billion in debt coming due. Now, PREIT entered a prepackaged…
-
With Its $1 Billion Debt Coming Due, Owner of Moorestown, Willow Grove Malls May Have to File for Bankruptcy Again
Philadelphia-based PREIT, owner of Moorestown and Willow Grove malls, could be heading for another bankruptcy filing just under a month before its credit facilities with a $1.1 billion balance are set to mature, writes Paul Schwedelson for the Philadelphia Business Journal. The publicly traded real estate investment trust posted a net loss of nearly $64…
-
RKL’s 2022 Regional Transaction Report Highlights M&A Activity in Central Pennsylvania
RKL LLP, an advisory firm with an office in Exton, recently released a new report highlighting merger and acquisition (M&A) activity throughout central and southeastern Pennsylvania. The report shows that regional and national M&A activity receded in 2022 following a post-pandemic-driven surge in 2021. Though 2022 saw a decrease in activity, the number of transactions…
-
State Small Business Credit Initiative Provides Funding to Entrepreneurs
The State Small Business Credit Initiative (SSBCI), which was originally introduced in 2010 after the Great Recession of 2008-2009, has been reinstated. The program offers funding to small business owners and entrepreneurs and is administrated by the U.S. Department of the Treasury. As part of the program, $10 billion is given to states, territories, the…
-
Get Resources and Guidance for Year-End and Beyond in RKL’s 2022-23 HR/Payroll Reset Guide
For many, the end of the year is a time to relax and enjoy the company of those around you. For those in HR, it’s a time of tying up loose ends and planning for the year ahead. RKL Virtual Management Solutions’ Workforce Strategies team, which provides a variety of outsourced HR services, created an…
-
Get the Latest Strategies and Tips in RKL’s 2022 Year-End Tax Planning Guide
The year is almost over, which means it’s time to start thinking about your taxes. While the thought of filing your taxes may inspire stress or overwhelm for many, a painless tax season is possible, if you take the proper time to prepare. To help you get ready, professional services firm RKL, which has an…
-
Local CPA and Advisory Firm RKL Named Among Best Places to Work in PA
RKL LLP, a leading CPA and advisory firm with an Exton office and seven other Pennsylvania locations, was named one of the Best Places to Work in PA for the sixth year in a row. The Best Places to Work in PA program is an annual survey that uses employee input and workplace demographic data…
Founding Partners
Advertisement
Affiliate Partners
