Philadelphia Business Journal
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Wawa Pennsylvania’s Largest Private Company, Beating Sheetz
Wawa remains Pennsylvania’s largest private company, outdoing convenience store competitor Sheetz by $5 billion in revenue last year, writes Ryan Mulligan for Philadelphia Business Journal.…
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Shapiro Approves One-Time Funding to Avert SEPTA Fare Hike and Service Cuts
Gov. Josh Shapiro has approved $153 million in one-time federal funding for SEPTA, preventing a planned fare increase and service cuts set to take effect…
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Newtown-based Helius Medical Technologies Explores ‘Strategic Alternatives’ to Boost Stockholder Value
Helius Medical Technologies, a Newtown-based medical device company, has begun exploring “strategic alternatives,” including a reverse merger and licensing deal, to enhance stockholder value, writes…
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Overbrook Home Previously Owned by Muhammad Ali, Kobe Bryant’s Grandparents Goes Up for Sale
A home in the Overbrook neighborhood that has ties to two of the world’s greatest athletes — Muhammad Ali and Kobe Bryant — is looking…
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Millstone Spirits Group Plans to Expand to Larger Facility in Northeast Philly, See Seven-Fold Production Increase
Millstone Spirits Group is working on expanding into a larger space in Northeast Philadelphia and increasing its annual spirits production by over 700 percent, writes…
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Qurate to Rebrand as It Shifts Focus on Social Media, Livestreaming
Qurate Retail Group, the parent company of West Chester-based QVC, will rebrand as QVC Group as it shifts focus to social media and livestreaming, writes…
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It’s Happening! M. Night Shyamalan’s Wynnewood Childhood Home Hits the Market
The Japanese-style childhood home of director M. Night Shyamalan has hit the market in Wynnewood for $2.175 million, writes Kennedy Rose for the Philadelphia Business…
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Frontier Airlines Brings ‘Ultimate Game of Hide and Seek’ to Philadelphia Travelers
For its latest giveaway, Frontier Airlines took to the streets of Philadelphia to hide five green piggy banks with a $1,000 flight voucher and membership…
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This Souderton Company is Honored with 2024 Family-Owned Business Award
Asher’s Chocolate has evolved significantly since its founding in 1892, but still maintains its family legacy. Lisa Dukart highlights the company named a 2024 family-owned…
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Grand View Health Aims to Finalize St. Luke’s Merger by Year-End
Grand View Health in Sellersville has set a year-end target for completing its merger with Bethlehem-based St. Luke’s University Health Network, writes John George for…
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New 85-Unit Apartment Building Proposed For Northeast Philadelphia
A three-story, 85-unit apartment building is likely coming to Northeast Philadelphia if Montgomery County developer, DePaul Group of Flourtown, has its way, writes Paul Schwedelson…
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Second Trader Joe’s Store Coming to Chester County
Trader Joe’s is planning to open its second store in Chester County in Berwyn, writes Emma Dooling for the Philadelphia Business Journal. The new store…
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Greenwood Racing Buys Two Office Buildings by Parx Casino for $12.5 Million
Greenwood Racing Inc., the owner of Parx Casino, has expanded its real estate holdings with the acquisition of two office buildings near its Bucks County…
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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…
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Toll Brothers’ Collegeville Homes to be Among Largest in Philadelphia Region
Toll Brothers, the Fort Washington-based luxury homebuilder, is developing 55 high-end homes on 57 acres in Collegeville, reports Paul Schwedelson for the Philadelphia Business Journal.…
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Defunct West Chester Startup in Hot Water with Philadelphia Phillies
The Philadelphia Phillies are suing the failed West Chester startup LifeBrand, its former corporate sponsor, for allegedly failing to pay for the final year of…
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2 Acclaimed Philadelphia Restaurants Announce Expansion Plans Throughout City
Two of Philadelphia’s hottest restaurants — Honeysuckle Provisions and Friday Saturday Sunday — have announced plans to expand, writes Emma Dooling for the Philadelphia Business…
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Harrisburg Bank Acquires Bristol’s William Penn Bank for Whopping Sum
Harrisburg-based Mid Penn Bank will acquire Bristol’s William Penn Bank for $127 million in stock in a deal that is expected to close in the…
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