Author: Erin McCarthy

  • Wawa has expanded far beyond Philly. But hometown fans still fuel the chain’s success

    Wawa has expanded far beyond Philly. But hometown fans still fuel the chain’s success

    Wawa customers have been able to order roasted chicken on sandwiches, salads, burritos, and more since summer 2024. Hoagie-loving Philadelphians may scroll past the high-protein option on Wawa’s trademarked built-to-order screens, while others tap its icon instinctively in their rush to order lunch.

    Wawa CEO Chris Gheysens said he sees the chicken breast differently.

    From idea to inception, “that was a labor of love for quite a long time,” Gheysens said in a recent interview. “It’s 37 grams of protein, something consumers are really looking for today.”

    And, he added, “it’s still highly customizable, which our customers love doing at Wawa.”

    To Gheysens, the menu addition shows how the Delaware County-based company responds to consumer demand. Just as it did decades ago when Philly-area store managers began brewing coffee for customers on the go, and in 1996, when Wawa executives decided to start selling gasoline.

    Even now, with nearly 1,200 stores in 13 states and Washington, D.C., Wawa is still listening to consumer feedback, Gheysens said. And despite expanding as far away as Florida and Kentucky, the CEO said, the convenience-store giant remains especially in tune with its hometown fans.

    “For a lot of people, it’s their daily routine,” said Gheysens, a South Jersey native. “It becomes a part of their neighborhood. It’s a relationship that’s built on consistency, on trust” — and on getting customers out the door in five minutes or less, depending on the time of day.

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    Customers say they are drawn to the homegrown chain for its convenience, consistency, quality, and wide-ranging menu of grab-and-go and made-to-order items (even though some miss the old Wawa delis where lunch meat was sliced on the spot).

    In Runnemede, 78-year-old Barbara MacCahery said she goes to her local Wawa at least a couple of times a week — “sometimes for breakfast, sometimes for a sandwich, a lot of times for coffee.”

    In MacCahery’s mind, she said, the chain has proven itself time and time again for decades: “It’s very rare that you’ll have a bad experience.”

    Wawa’s ‘secret sauce’ for success

    More than 100 years ago, Wawa started out as a dairy, delivering milk to Philadelphia-area households.

    Wawa has set a national standard for success in the convenience-store industry, said Z. John Zhang, a marketing professor at the Wharton School of the University of Pennsylvania.

    “It really is some kind of a secret sauce,” said Zhang, who studies retail management. “For many people, Wawa has become a destination store,” one that combines “speed, customization, and perceived high quality” with near-constant availability — many Wawa stores are open 24/7.

    The company got its start as a dairy, delivering milk to Philly-area households. In 1964, it opened its first store in Folsom. Soon, the family-owned company expanded into New Jersey and Delaware, and established a reputation for quality and speed, with slogans like “People on the Go — Go to Wawa Food Markets.”

    Wawa’s first convenience store opened in Folsom, Delaware County in 1964.

    Wawa is privately held, owned in part by workers who get a percentage of their earnings contributed to an employee stock-ownership plan. Zhang said this program likely leads to more-invested employees who provide better customer service.

    Because Wawa is not public, it is not required to disclose its finances, and company executives declined to discuss them.

    But by many appearances, Wawa seems to be doing well: Over the last decade, the company has increased its store count by about 65% and doubled its workforce to about 50,000 associates.

    Philly-area Wawas are often crowded, too, which is key to making money in the convenience-store industry.

    A gas attendant fills up a customer’s tank at a Wawa in Pennsauken in 2020.

    Consumers spend about $7 on average when they stop at a convenience store, said Jason Zelinski, vice president of convenience and growth accounts for NielsenIQ.

    “We think it’s high-impulse, but 80% of all people who walk into a convenience store pretty much know what they want,” said Zelinski, who consults with retailers. (He declined to discuss specific companies and said he has never worked for Wawa.)

    Successful operators have encouraged customers to spend more by adding seating and improving their food service, Zelinski said. And stores with better food see higher profit margins.

    “Once you have somebody that’s addicted to your food service program, they’re more likely to come back to your store vs. a competing store,” he said.

    In 2020, Wawa debuted new menu offerings, including hamburgers, pot roast, rotisserie chicken, pasta alfredo, and kids meals, at a tasting in Media.

    Wawa has certainly gotten people hooked on their coffee, hoagies, and ever-expanding menu, Zhang said. Options added in recent years include pizza, wraps, protein-packed “power meals,” limited-edition coffee flavors, and smoothies “boosted” with protein, vitamins, and minerals.

    Yet Wawa has not expanded in all areas.

    The company recently closed several stores in Center City, citing “safety and security concerns” in some cases. Last month, it closed its Drexel University location after its test of a digital-order-only format was not successful.

    In the Philly suburbs, smaller-format Wawas have also shuttered, often in communities that already have multiple larger Wawas.

    This older Wawa in Cherry Hill closed in 2024. The township has six remaining Wawas.

    Despite Wawa’s best efforts, not all stores thrive, Gheysens said. But “luckily for us, we’re still in growth mode, and don’t have to worry about closures in a broad way.”

    Gheysens said he sees room for more Wawas in the Philadelphia market — even as convenience-store competitors like Maryland-based Royal Farms and Altoona-based Sheetz have opened new stores in the region.

    Wawa executives want “to make sure that we are the number-one convenience store in the area, that’s important to us,” Gheysens said. “These are our hometown counties.”

    What keeps Philly-area consumers going to Wawa

    A Wawa customer eats a breakfast Sizzli during the 2024 grand opening of the company’s first central Pennsylvania store.

    Many Philly-area consumers grew up alongside Wawa.

    In interviews with nearly a dozen of them, some were quick to reminisce about early memories of their local stores, such as the distinct smell of coffee and deli meat or the excitement of a Wawa run with high school friends. Others bemoan what has changed with the company’s expansion, including more congested parking lots.

    Most have a quick answer when asked what their Wawa order is.

    Rick Gunter, 45, of Royersford, misses the Wawa of his youth. Back in the day, he said, the Wawa hoagies “hit different,” with lunch meat fresh off the slicer.

    Contrary to some customers’ beliefs, most stores still bake Amoroso rolls — a custom recipe made exclusively for Wawa — fresh in store multiple times a day, Gheysens said. As for the deli meat, the CEO said that was another decision rooted in customer preference.

    When customers have participated in blind tests of the pre-sliced meat Wawa uses today against a fresh-sliced alternative, “they can’t tell the difference,” Gheysens said. “They would choose our pre-sliced meats, because of what we’ve done in terms of quality and the supply chain and the ability to deliver them at such a pace.”

    A sandwich maker at Wawa wraps a hoagie with turkey, provolone, tomato, and lettuce in this 2020 file photo.

    Some customers disagree.

    “It was way better when it was kind of also a deli. Now they try to make everything for everybody,” said Bill Morgan, 79, of East Coventry Township. “I’m within five miles of three Wawas, but I rarely eat their food. Only under extreme duress.”

    Morgan acknowledged he must be in the minority, given how crowded Wawas are at lunchtime. And despite his distaste for much of their food, he said he still gets gas there and loves their coffee. And he can’t help but admire their business model.

    “I wish they’d sell stock,” Morgan said.

  • A $105-million mixed-use complex with apartments set to rise in the shadow of Willow Grove mall

    A $105-million mixed-use complex with apartments set to rise in the shadow of Willow Grove mall

    A shopping center in the shadow of Willow Grove Park Mall will soon undergo a $105-million “transformation” with new apartments and shops, says the developer behind the project.

    Starting this summer, about 130,000 square feet of the Willow Grove Shopping Center will be demolished to build a mixed-used complex with 261 residential units and 35,000 square feet of new retail space, said Mark Brennan, vice president of regional development for Federal Realty Investment Trust.

    It will mark the latest stage in a multiphase redevelopment of the outdoor center, which is located across the street from the mall.

    A rendering of what Federal Realty Investment Trust plans to build at the Willow Grove Shopping Center.

    Across the Philadelphia region, similar mixed-use complexes have increasingly been built around thriving shopping destinations, such as King of Prussia, where thousands of new apartments have risen in recent years.

    Elsewhere, town-center-like developments have replaced dead malls. In Delaware County, a $120-million complex with apartments, restaurants, and shops sits on the site of the former Granite Run Mall, which was demolished a decade ago.

    Mixed-use projects have also been proposed for the Exton Square Mall and at the old Echelon Mall in Voorhees. (In both locations, apartments have already been built on other parts of the property.)

    A spokesperson for PREIT, which owns Willow Grove Park Mall, did not return a request for comment. In a 2022 shareholders’ report, PREIT executives called the complex “one of our leading suburban Philadelphia assets,“ with an occupancy rate of more than 96%.

    The Willow Grove Park Mall is pictured in 2019.

    Across Moreland Road, Brennan is confident his shopping-center redevelopment will be met with high demand.

    Since the pandemic, the Montgomery County community has “really come alive,” due in part to its proximity to the city and to suburban employment centers, said Brennan, who is based in Wynnewood. And people who are moving out of the city or looking to downsize are particularly interested in moving to mixed-use developments, he said.

    The center’s proximity to SEPTA’s Willow Grove train station, and major highways, including the Pennsylvania Turnpike, will make it particularly appealing, as will its mix of “highly curated” shops, Brennan said.

    Across the street from the mall, the Willow Grove Shopping Center is set to undergo a $105-million transformation with apartments and new retail.

    The center’s existing tenants, which include Marshalls and Five Below, will remain open during construction, Brennan said.

    He expects the project to be complete sometime in 2028.

    “These sort of multifaceted, multiphased development projects do take quite a bit of time and planning,” Brennan said. “We’re really excited to get to the next phase of this transformation.”

  • QVC Group faces $30 million ‘unjustified termination’ lawsuit after report of potential bankruptcy

    QVC Group faces $30 million ‘unjustified termination’ lawsuit after report of potential bankruptcy

    QVC Group has been hit with a $30 million lawsuit amid broader financial problems for the West Chester-based home shopping network.

    The company is considering filing for Chapter 11 bankruptcy to reorganize billions in debt, Bloomberg reported last week.

    Antthony Mark Hankins, a Savannah, Ga.-based fashion designer who had a 31-year on-air career with HSN until he was terminated in July, filed the lawsuit last week against the network and its parent company, QVC Group, according to federal court documents.

    Hankins seeks at least $30 million in damages for what his attorneys describe in the documents as an “abrupt and unjustified termination” that “reflects a pattern of discriminatory treatment, retaliatory conduct, and operational mismanagement.” The lawsuit is filed in the U.S. District Court for the Eastern District of Pennsylvania.

    QVC Group spokespeople and general counsel did not return requests for comment. HSN operated out of a studio in St. Petersburg, Fla., until about a year ago, when it moved to QVC’s West Chester campus.

    A show is filmed at QVC’s studios in West Chester in 2023.

    Between 2023 and 2025, HSN executives reduced Hankins’ airtime and decreased promotion of his brand, Antthony Design Originals, to focus on a “TikTok-centered business model,” according to the designer’s lawsuit. As a result, he says his gross sales last calendar year were $13.24 million, more than $2 million less than projected. When he was more supported by the network, he said, his sales outperformed expectations.

    Hankins, who is Black, also says the company discriminated against him based on race, including by promoting him more heavily during Black History Month, firing him without cause, and immediately pulling him off the air despite decades of strong performance, according to the lawsuit.

    In the documents, Hankins also alleges breach of contract, defamation, interference with third-party business relationships, and misappropriation of his name and likeness in advertisements.

    In a Facebook post on his business page, Hankins said the lawsuit “is about standing up for the values my brand was built on, protecting my legacy, and ensuring that fairness and accountability matter — especially for creators who have given decades of their lives to their work.”

    Hankins’ attorney, Samuel B. Fineman of Semanoff Ormsby Greenberg & Torchia in Huntingdon Valley, did not return a request for additional comment.

    A QVC logo is shown outside its studios in an undated file photo. The company has been based in West Chester for more than 30 years.

    QVC has been based in West Chester for more than three decades, and merged with HSN as part of a $2 billion deal in 2017.

    The networks’ parent company, which rebranded as QVC Group last year, has struggled recently amid stiff competition from e-commerce and social-media platforms like TikTok Shop.

    Its revenue and operating income have been on the decline, and fewer people are shopping. As of September, about 7 million customers had made a purchase on the networks in the past year, down from 8.1 million in fiscal year 2023.

    The company is set to release its fourth quarter 2025 earnings report next week.

    According to Bloomberg’s report last week, company executives were talking with creditors about a potential bankruptcy, but had not made a decision on whether to file.

    A search for “QVC Group” in online court records did not show any bankruptcy filings as of Wednesday.

  • Sheetz wants to move into Delaware County, home of Wawa

    Sheetz wants to move into Delaware County, home of Wawa

    Sheetz could soon stake a claim in Delaware County, extending its reach into the Philadelphia region.

    The Altoona-based convenience store chain, which opened its first store in the Philly suburbs last week, has submitted a sketch plan application to build a 6,000-square-foot location in Chadds Ford.

    It would be Sheetz’s first outpost in Wawa’s home county.

    A Sheetz and Wawa now sit across the street from each other in Limerick Township, Montgomery County.

    If approved, the store would be constructed about five miles down the road from Wawa’s corporate headquarters, and across the county from the site of Wawa’s first store, in Folsom.

    The Sheetz would be in the Village at Painters’ Crossing shopping center near the intersection of U.S. Routes 1 and 202, according to the application. Sheetz would take over a parcel in the northeast corner of the complex that is currently occupied by a vacant former bank and a closed Carrabba’s Italian restaurant.

    Along with Sheetz’s usual offerings of made-to-order food, grab-and-go snacks, and drinks, the outpost would include indoor and outdoor seating, two mobile-order pickup windows, and six gas pumps, according to the application. It would not include a drive-through.

    Customers crowd into the indoor dining area at the new Sheetz in Limerick Township that opened last week.

    Nick Ruffner, Sheetz public affairs manager, declined to provide additional information about the proposal, saying in a statement that “it is still very early in the process.”

    Zoning changes and other approvals would be required before anything is built, Chadds Ford Township solicitor Michael Maddren said. As of Tuesday, Sheetz had only submitted the sketch plan, which was discussed at a planning commission meeting earlier this month, Maddren said.

    At the meeting, township officials did not express strong opinions about the sketch, Maddren said: “We need a little more detail.”

    Craig Scott (left) of Wayne and Dave Swartz (right) of Collegeville had breakfast at last week’s grand opening of the first Sheetz in the Philadelphia suburbs.

    If the Chadds Ford project moves forward, Sheetz could establish a foothold in three of Philly’s four collar counties: Along with its new Limerick, Montgomery County location, Sheetz also has expressed interest in building a store in Chester County.

    In the fall, company officials submitted a sketch plan to Caln Township officials, proposing a location at the site of a shuttered Rite Aid on the 3800 block of Lincoln Highway in Downingtown, according to the township website.

    After years of Sheetz opening stores in Western and central Pennsylvania, and Wawa expanding closer to Philly, Sheetz and Wawa’s footprints have increasingly overlapped in recent years.

    A Wawa opened outside Harrisburg in 2024, marking the chain’s first central Pennsylvania location. It is down the street from a Sheetz.

    Wawa made the first move: In 2024, it opened its first central Pennsylvania location within eyesight of a Sheetz. Since then, Wawa has opened 10 stores in the region, with plans to add 40 more there in the next five years.

    Both chains also have expanded beyond Pennsylvania.

    Sheetz now has more than 800 stores in seven states. Wawa has nearly 1,200 stores in 13 states.

  • Meet the Philly native and St. Joe’s Prep grad running Philly’s largest outdoor shopping center operator

    Meet the Philly native and St. Joe’s Prep grad running Philly’s largest outdoor shopping center operator

    Brian Finnegan, Brixmor Property Group’s new CEO, is a true Philadelphian.

    He was born in Southwest Philly, spent his formative years in Roxborough, and graduated from St. Joe’s Prep. He met his wife, Katie, at a Halloween party in his mother’s Packer Park backyard in 2009, while just down the road the Phillies played the Yankees in the World Series and Pearl Jam closed the Spectrum.

    Finnegan, now 45, can’t give up his Eagles season tickets, despite living outside New York and traveling the world as a real estate executive, When he can’t make games, he can usually count on his 73-year-old mother, Geraldine, to take the seats.

    Finnegan said he got his work ethic from his mom, who’s worked for the legal services company MCS Group for nearly 50 years, and his late father, Thomas, a 30-year employee and manager of city parks. He also points to his early jobs, which included a summer gig as “head grill guy” at Circle Pizza in Avalon.

    These experiences paid off: Last month, Finnegan was named Brixmor’s CEO, a role he’d previously held on an interim basis.

    Brian Finnegan, who was named CEO of Brixmor Property Group last month, said he’s especially proud of the company’s commitment to its more than 20 shopping centers in and around Philadelphia, where he grew up.

    Finnegan lives in Rye, N.Y., with Katie and their three young daughters, Magnolia, Daisy, and Poppy.

    In a recent interview, Finnegan talked about Brixmor’s dedication to its more than 20 Philly-area shopping centers, including Roosevelt Mall, Pilgrim Gardens, and the Village at Newtown.

    The company has invested about $180 million in its Philly portfolio over the past nine years, Finnegan said, and calls itself the largest operator of open-air shopping centers in the region.

    The following interview has been edited and condensed for clarity.

    How would you say Brixmor is doing overall?

    The company is in the best position it’s ever been. We’re signing rents at the highest level that we ever have. We have occupancy levels that are close to the highest we’ve had.

    Consumers today are demanding much more of the suburbs in terms of the types of services that they’re looking for, the types of restaurant options that they’re looking for. And that’s allowed us to really improve the merchandising mix at our shopping centers with better food and beverage options and better service options in terms of health and wellness.

    Why do you think Brixmor shopping centers are thriving while many brick-and-mortar stores falter?

    Grocers, especially [tenants like Sprouts, Whole Foods, and McCaffrey’s], have really invested in their stores, and they’re drawing a lot of traffic.

    Sprouts is among the retailers located at Roosevelt Mall in Northeast Philadelphia, one of Brixmor Property Group’s complexes in the region.

    As it relates to fitness and wellness, and higher quality food and beverage options, I think consumers today care more about what they’re putting in their bodies and how they look than they ever have.

    Across the income spectrum, consumers are looking for value. And as department stores have closed, off-price operators [such as Burlington and Five Below] have taken a significant amount of share.

    You have to create an environment at specific shopping centers where if one tenant draws traffic, another tenant can complement them.

    It really matters who your neighbor is, so if you’re able to put a strong merchandising mix together, which we’ve been able to do at our centers in Philadelphia, you’re really going to see traffic.

    The Ross Dress for Less at Roosevelt Mall is one of several off-price retailers that have found success in Brixmor Property Group centers, according to CEO Brian Finnegan.
    What would you like to accomplish as CEO?

    We’d love to find some new opportunities to grow our footprint in Philadelphia.

    The deals that we’ve done in Philadelphia, many of them are [with retailers new to Brixmor’s national portfolio], like with Lululemon, like with Free People, like with Warby Parker, like with Pottery Barn and Williams-Sonoma.

    We think about how our centers connect with the communities that we’re in. We’re part of those communities. We’re actually landlords to Philadelphia institutions like Chickie’s & Pete’s and P.J. Whelihan’s.

    The more that we can tie our assets with retailers that are relevant to those communities, the better.

    What makes you optimistic about shopping centers amid all the e-commerce competition?

    What [the pandemic] showed was that people like connectivity. They don’t like to just have things delivered to their door. They want to go out and experience things. They want to touch and feel things.

    Our traffic since the pandemic across the entire portfolio is up 7%.

    Barnes & Noble is shown at Barn Plaza shopping center in Doylestown, which is one of more than 20 complexes in the region owned by Brixmor Property Group.

    If you talk to a lot of these major retailers, what they’ll say is the store is the center of everything that they do. They’re utilizing that store to be able to connect with the consumer in store, at delivery, as part of pickup.

    I’m pretty bullish. There are a lot of retailers that continue to thrive despite the fact that consumers have options to be able to get something online if they wanted to.

  • Four Seasons Philadelphia is one of U.S. News’ top 75 hotels

    Four Seasons Philadelphia is one of U.S. News’ top 75 hotels

    Four Seasons Hotel Philadelphia at Comcast Center is among the top 75 hotels in the country, according to a new report from U.S. News.

    The swanky hotel that towers high above Center City ranked 74th in the outlet’s annual ranking of the top 100 hotels in the U.S.

    It came in second in the site’s Pennsylvania rankings after the Nemacolin in Farmington, about 70 minutes outside Pittsburgh. The wooded 2,200-acre golf resort ranked No. 28 on U.S. News’ national list.

    The Rittenhouse Hotel ranked third in Pennsylvania, while the Dwight D, a boutique hotel near Rittenhouse, came in fifth, and Fishtown’s Anna & Bel, which opened in 2024, ranked No. 7.

    In U.S. News’ New Jersey rankings, MGM Tower at Borgata in Atlantic City came in at No. 2, Icona Diamond Beach in Wildwood Crest took the fourth spot, and Congress Hall in Cape May came in fifth. The Reeds at Shelter Haven, located on the water in Stone Harbor, ranked seventh in New Jersey.

    Weddings at The Reeds at Shelter Haven, ranked New Jersey’s seventh best hotel by U.S. News, can take place on the hotel’s bayside lawn.

    Hotels were ranked based on their past awards and recognitions, including star ratings, as well as guest reviews, according to the U.S. News website.

    “U.S. News predominantly ranks luxury lodgings, as these are the type of accommodations travelers seek when researching the best hotels and resorts in a given destination,” company analysts write, noting that luxury options typically receive 4- and 5-star ratings from multiple expert sources.

    The Philly-area hotels on the 2026 lists were no exception.

    The Four Seasons Philadelphia recently unveiled an ultraluxe floor that includes a 4,000-square-foot penthouse suite costing around $25,000 a night. Other rooms at the hotel start at more than $1,200 a night.

    Four Seasons Philadelphia, which was located in Logan Square until 2015, called itself the “highest elevation hotel” in the country when it opened at the Comcast Center in 2019.

    The dining room at Jean-Georges is located on the 59th floor of the Four Seasons Hotel, as seen in 2022.

    Below is the complete list of the U.S. News top 10 hotels in Pennsylvania and New Jersey for 2026:

    Pennsylvania

    1. Nemacolin (Farmington)
    2. Four Seasons Hotel Philadelphia (Center City)
    3. The Rittenhouse Hotel (Center City)
    4. The Hotel Hershey (Hershey)
    5. The Dwight D (Center City)
    6. The Lodge at Woodloch (Hawley)
    7. Anna & Bel (Fishtown)
    8. Kimpton Hotel Monaco Pittsburgh by IHG (Pittsburgh)
    9. Omni Bedford Springs Resort & Spa (Bedford)
    10. The Inn at Leola Village (Leola)
    Congress Hall in Cape May is shown in this 2022 file photo.

    New Jersey

    1. Pendry Natirar (Peapack)
    2. MGM Tower at Borgata (Atlantic City)
    3. Asbury Ocean Club Hotel (Asbury Park)
    4. Icona Diamond Beach (Wildwood Crest)
    5. Congress Hall (Cape May)
    6. Archer Hotel Florham Park (Florham Park)
    7. The Reeds at Shelter Haven (Stone Harbor)
    8. Embassy Suites by Hilton Berkeley Heights (Berkeley Heights)
    9. Canopy by Hilton Jersey City Arts District (Jersey City)
    10. Teaneck Marriott at Glenpointe (Teaneck)

    Editor’s note: A previous version of this article incorrectly stated the location of Hotel Hersey. The hotel is located in Hershey.

  • Closed Iron Hill Brewery in Newtown is officially becoming a P.J. Whelihan’s franchise

    Closed Iron Hill Brewery in Newtown is officially becoming a P.J. Whelihan’s franchise

    The company behind P.J. Whelihan’s is officially moving into a shuttered Iron Hill Brewery.

    The Haddon Township-based PJW Restaurant Group has signed a lease for Iron Hill’s former location at the Village at Newtown, according to Brian Finnegan, the CEO of Brixmor Property Group, which owns the Bucks County shopping center.

    PJW marketing director Kristen Foord confirmed the lease signing, saying in an email that the company was “not in a position to share additional specifics” at this time.

    The move was approved by a federal judge last month as part of Iron Hill’s bankruptcy proceedings.

    Like more than a dozen other former Iron Hills throughout the region, the nearly 8,000-square-foot space in Newtown has sat empty since the Exton-based brewpub chain closed all locations and filed for liquidation bankruptcy last fall.

    Iron Hill opened in the affluent suburb in 2020. The restaurant moved in after Brixmor refurbished the more than 200,000-square-foot complex on South Eagle Road.

    As part of the revamp, the developer added new buildings, allowing it to bring in shops and restaurants like Iron Hill, Harvest Seasonal Grill, and Turning Point. The 30-acre complex is anchored by the high-end grocer McCaffrey’s Food Markets.

    In Newtown, “we’ve got Free People and Lululemon and Ulta that we added to the shopping center,” Finnegan said Wednesday in an interview. “We’ve got a lot of strong service tenants. We also have Capital Grill and Harvest, so some great food and beverage options.”

    And soon, he said, that list will also include P.J. Whelihan’s.

    PJW’s most well-known restaurant is P.J. Whelihan’s, which started in the Poconos in 1983 and has expanded to include 25 P.J. locations, the majority of which are in the Philly region.

    PJW also owns the Pour House in Exton, North Wales, and Westmont, Haddon Township; the ChopHouse in Gibbsboro; the ChopHouse Grille in Exton; Central Taco & Tequila in Westmont; and Treno, also in Westmont.

    While the Newtown restaurant will get new life soon, many other former Iron Hills still sit vacant.

    Some landlords are actively looking for tenants, with West Chester’s John Barry saying he hopes to have a lease signed by the end of this month.

    “We have a number of groups interested in the space and a few [letters of intent] have been submitted,” Barry said in an email last month.

    In other places, such as Voorhees, township officials and community members remain in the dark about whether another tenant will move in soon, and landlords can’t be reached.

    A few of the closed breweries may be revived under new owners, though details are slim.

    A federal judge last month approved the acquisition of Iron Hill’s trademark and intellectual property in conjunction with the transfer of restaurant leases in Center City, Huntingdon Valley, Hershey, Lancaster, and Wilmington.

    Representatives of the potential new owner, Rightlane LLC, have been unable to be reached. Contacted through the owner of Iron Hill’s building in Center City, Rightlane declined to comment to the Philadelphia Business Journal earlier this month.

  • QVC may file for bankruptcy, according to a new report. Here’s what to know.

    QVC may file for bankruptcy, according to a new report. Here’s what to know.

    The West Chester-based QVC Group is considering filing for Chapter 11 bankruptcy as its financial troubles mount, according to Bloomberg.

    The TV shopping network has been negotiating the voluntary restructuring of billions in debt during confidential conversations with creditors, Bloomberg reported Tuesday, citing anonymous sources familiar with the matter.

    A final decision had not been made on whether the company would file, according to Bloomberg. As of midday Wednesday, a search for “QVC Group” in online court records did not show any bankruptcy filings.

    In September, QVC Group had $6.6 billion in debt and $1.8 billion in cash or cash equivalents, according to its latest earnings report.

    A QVC Group spokesperson did not return a request for comment from The Inquirer. On Tuesday, company representatives did not immediately respond to Bloomberg or the Philadelphia Business Journal.

    After Bloomberg’s article published, QVC Group’s stock price took a nosedive, losing about two-thirds of its value by the end of the trading day.

    How QVC got into these financial straits

    Based in West Chester for more than three decades, QVC pioneered home shopping.

    Before consumers could make purchases on laptops and smartphones, the network and its smaller counterpart HSN — which until recently was based in Florida — broadcast on live TV at all hours. Anchors sold a wide array of clothing, electronics, household goods, beauty products, and other wares.

    A QVC show is shot at the network’s West Chester studio in this 2019 file photo.

    The news of a potential bankruptcy comes after a tumultuous few years.

    In early 2025, executives closed HSN’s studio in St. Petersburg, Fla., and consolidated both networks on its West Chester campus, laying off hundreds of employees in the process.

    Around the same time, the parent company rebranded as QVC Group. Executives said they planned to focus more on livestreaming and social-media shopping to keep up with stiff competition from the likes of TikTok Shop.

    “Live social shopping is a natural evolution for us,” David L. Rawlinson II, the company’s president and CEO, said in a November 2024 statement. “Our customers are spending dramatically more time on social media, and that is increasingly where they are finding inspiration and shopping.”

    David L. Rawlinson II, CEO of QVC Group, is shown in this 2023 file photo.

    The strategy did not prove fruitful.

    By May, as President Donald Trump’s tariffs took a toll, Rawlinson said the company was taking steps to cut costs and win back customers who were feeling down on the economy. That included an agreement with TikTok that the CEO said would create “the first 24/7 live shopping experience in the U.S.”

    Then in August, a company spokesperson announced plans to hire about 250 employees by early 2026. It was not clear Wednesday whether those hires were ever made.

    Despite these changes, QVC’s revenue and operating income have continued to decline, according to earnings reports, and the company has continued shedding customers.

    As of September, about 7 million people had shopped on the networks in the past year, down from 8.1 million in fiscal year 2023.

    QVC Group is set to release its fourth quarter 2025 earnings report later this month.

    What Chapter 11 bankruptcy could mean for QVC

    A holiday segment is taped at QVC’s West Chester studio in this 2023 file photo.

    A Chapter 11 bankruptcy would not mean the end of QVC.

    Chapter 11 is different from Chapter 7, which involves the liquidation of assets. (Iron Hill Brewery closed all restaurants when it filed for Chapter 7 bankruptcy this fall.)

    After filing for Chapter 11 protection, companies usually continue to operate, though they often decide to close locations or downsize in other ways amid the restructuring process.

    Saks Global, for instance, which filed for Chapter 11 bankruptcy last month, announced Tuesday that its restructuring would involve the closure of its longstanding Bala Cynwyd store, as well as nine other Saks Fifth Avenue and Neiman Marcus locations.

  • Saks Fifth Avenue in Bala Cynwyd is closing

    Saks Fifth Avenue in Bala Cynwyd is closing

    Saks Fifth Avenue will be closing its Bala Cynwyd location.

    Saks Global, which owns Saks Fifth Avenue and Neiman Marcus, announced the impending closure in a news release Tuesday, a month after the luxury clothing retailer filed for Chapter 11 bankruptcy.

    After decades in business, the expansive store along City Avenue is expected to close in April, according to a Saks Global spokesperson, who said decisions were based on several factors, including store performance and “lease economics.”

    Fifty workers at the Bala Cynwyd Saks Fifth Avenue will lose their jobs effective April 11, according to a WARN Act filing with the Pennsylvania Department of Labor and Industry. Another 155 workers at a Wilkes Barre fulfillment center will be laid off, according to a separate filing.

    As part of the company’s restructuring, it will shutter seven other Saks Fifth Avenue stores, including at the American Dream mall in North Jersey, as well as a Neiman Marcus in Boston.

    “Saks Global is refining its store footprint to focus on profitable locations with the highest growth potential,” company executives wrote on its website, adding that the nine closures represented “the first phase of this ongoing review.”

    The move will make the company “better positioned to deliver exceptional products, elevated experiences and highly personalized service across all channels,” CEO Geoffroy van Raemdonck said in a statement.

    Over the years, the Saks Fifth Avenue in Bala Cynwyd has become the brand’s only physical outpost in the region. It is referred to as “Saks Philadelphia” on the company’s website, despite being located across the city line in a freestanding building at Bala Plaza.

    City Avenue is shown in April 2024. The Saks Fifth Avenue along the busy thoroughfare is closing in April.

    The aging shopping center is in the process of being revamped into what developers are advertising as a “sanctuary for work, life and play,” with hundreds of new residential units.

    Nearby on City Avenue, a standalone Lord & Taylor, which closed in 2021 amid the department store’s bankruptcy, is being converted into an apartment building.

    Until recently, the longstanding Saks Fifth Avenue appeared primed to be part of the area’s future: In 2024, City Ave District, the nonprofit business development agency that straddles Lower Merion and Philadelphia, reported that business at the store was so strong that it had resisted offers to move to King of Prussia.

    Once the Bala Cynwyd Saks Fifth Avenue closes, the nearest location will be in New York.

    Saks Global also operates a Neiman Marcus at the King of Prussia Mall, which is not on the list of stores to close.

    The Neiman Marcus at the King of Prussia Mall, pictured in 2020, will remain open.

    Saks Off 5th discount outlets at the Franklin Mall in Northeast Philadelphia and at the Metroplex shopping center in Plymouth Meeting recently closed. The winding down of those stores was announced before the bankruptcy filing, as was reported by several news outlets, including the Philadelphia Business Journal.

    Elsewhere in the country, Saks Global is closing the majority of its standalone Fifth Avenue Club personal styling suites, the company said Tuesday.

    In New York, Bergdorf Goodman, which Saks also owns, will remain open.

    What Philly-area Saks customers should know

    Shoppers walk through Saks Fifth Avenue in New York in January.

    Shoppers at the Bala Cynwyd store will no longer be able to buy gift cards in person, according to Saks, and will have 15 days from the start of the closing sale to use existing gift cards.

    Items that were bought before the closing sale can be returned or exchanged as usual, the company said, but purchases made during it will be final. Merchandise bought during the closing sale will also be ineligible for return or exchange at stores that are remaining open.

    SaksFirst credit cards will still be accepted, according to the company, and customers with those credit cards will still earn points for purchases made in store. Shoppers will no longer be able to make in-person credit card payments or apply for credit cards at the Bala Cynwyd store.

    At other Saks locations, including the King of Prussia Neiman Marcus, the company says the customer experience will remain unchanged.

  • LOVE Park’s saucer could soon get a reboot. For real this time, the city says.

    LOVE Park’s saucer could soon get a reboot. For real this time, the city says.

    The saucer in LOVE Park finally has a timeline for its revival.

    After years of seeking ideas from business owners and other Philadelphians, city officials expect work on the historic building to begin in May, the city’s Parks & Recreation Department says.

    But officials are still working to select a partner for the project.

    In May, the city issued a “request for expressions of interest” (RFEI) from “visionary businesses, particularly those in food, beverage, retail, or hospitality,” who wanted to partner on the saucer.

    City officials said the interest exceeded expectations, with more than 50 applicants submitting ideas. They included “coffee and cafe concepts, casual food offerings, beer garden hybrids, and informal meeting spaces,” according to Parks & Recreation spokesperson Ra’Chelle Rogers.

    Among applicants, there was a focus on “flexible, welcoming concepts that function as a true public amenity, encouraging people to meet, linger, and connect in the park,” Rogers said.

    The saucer building in LOVE Park is pictured in March 2019, amid early renovations for a bar-restaurant concept that never panned out.

    In light of the demand, the city is moving into its next stage, requiring prospective partners to visit the saucer at 3 p.m. on Feb. 18 and submit a proposal online by March 18.

    Prospective partners do not need to have submitted an idea in the spring, Rogers said. Any experienced food, beverage, hospitality, or community operator with the capacity to “generate sustainable revenue to support the park” is encouraged to apply, Rogers said.

    “The saucer has always been envisioned as a people-first space — one that complements the park, supports programming, and welcomes both residents and visitors,” said Susan Slawson, the city’s parks & recreation commissioner. The RFEI process has given officials “confidence to move forward with a flexible, inclusive model designed for the way people actually use LOVE Park.”

    The saucer, also referred to as the UFO, was added to the Philadelphia Register of Historic Places last year. Built in 1960, the building predates LOVE Park, and first served as the city hospitality center. It later housed offices for park staff.

    An undated file photo of LOVE Park’s saucer building when it served as the Philadelphia Visitors Center.

    For more than a decade, however, the circular structure near 16th Street and JFK Boulevard has largely sat dormant (the building has opened to the public for the Festival of Trees, a Children’s Hospital of Philadelphia fundraiser, during recent holiday seasons).

    As part of LOVE Park’s rehabilitation in the late 2010s, the saucer got a $5.6 million facelift, making it “structurally brand new,” as Rogers described it in May.

    The city solicited proposals for a restaurant to fill the space, and selected Safran Turney Hospitality, the group behind a slew of popular restaurants on 13th Street. They planned to open a bar-restaurant called Loveluck that would seat about 50 people indoors and another 150 outside.

    In March 2019, city officials applauded the early construction of a bar-restaurant that was set to fill LOVE Park’s saucer building. The pandemic later caused the restaurateurs to bow out of the project.

    Then the pandemic happened, and the group bowed out of the project in 2022. A few months later, the city issued another request for proposals from experienced restaurateurs interested in signing a 10-year lease. That request did not result in any bids, Rogers said in May.

    As for this latest request process, city officials said they plan to select a partner by April, and begin work a month later. The timing could coincide with Philly’s celebration of America’s 250th birthday, as well as the city’s hosting of World Cup matches and the MLB All-Star game.

    The office of Councilmember Jeffery Young, whose district includes LOVE Park, is set to fund “key utility and infrastructure improvements” at the saucer, according to the city statement, and public grants are being sought to offset other upfront costs.

    “Bringing an active, public-facing partner into the saucer is a milestone for LOVE Park and for Philadelphia,” Young said. “I’m proud to support improvements that make the saucer a welcoming hub for years to come.”