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Rite Aid Files for Bankruptcy For Second Time, Will Close All Remaining Philadelphia Stores
Rite Aid, the Philadelphia-based retail pharmacy, has filed for bankruptcy for the second time in under two years and just months after pulling through the first. As a result, the chain plans to close all remaining Philadelphia stores, writes Kristen Mosbrucker-Garza for WHYY. According to CEO Matt Schroeder, there is a possibility that Rite Aid…
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Iconic ‘Tawanka’ Statue at Neshaminy Mall in Bensalem to Survive Redevelopment
The iconic statue of the bare-chested Lenni Lenape chief Tawanka inside Neshaminy Mall in Bensalem will survive the property’s redevelopment, writes Jo Ciavaglia for the Bucks County Courier Times. The bronze statue depicting the chief crouching down for a sip of water on top of a rock plateau was created by Philadelphia artist Henry Mitchell…
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‘State of Center City’ Report Challenges Misconceptions About Safety, Office Demand, and Residential Appeal
Five years after the start of the pandemic, Center City is still struggling to change misconceptions over safety, office space demand, and residential appeal, writes Michaelle Bond for The Philadelphia Inquirer. According to Prema Katari Gupta, president and CEO of Center City District, despite data to the contrary, these narratives have had “remarkable staying power”…
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Aramark Has Had Talks About Investing in MLB’s Athletics Amid Move to Las Vegas
Aramark, the Philadelphia-based food services provider, has recently been in talks regarding potential investment opportunities with the Athletics of Major League Baseball, writes Giles Turner for Bloomberg. The potential investment could see Aramark put roughly $100 million into the MLB team’s new $1.75 billion stadium. According to people familiar with the project, a similar amount…
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Where to Find Some of the Best Hoagies in Philadelphia
While Philadelphia is best known for cheesesteaks, hoagies — with their endless variations — are a close second in the city’s sandwich hierarchy, writes Robert DiGiacomo for Food & Wine. There is no shortage of eateries crafting excellent hoagies across Philadelphia. However, a few rise above the rest. Farina Di Vita in Queen Village uses…
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Philadelphia Launches New ‘Phambassadors’ Program to Foster City Pride Ahead of 2026 Celebrations
The Philadelphia Visitor Center Corporation recently held a pep rally-style event at LOVE Park to announced the launch of the new “Phambassadors” initiative. The new program serves as a way for Philadelphia residents to celebrate and show pride in the city ahead of the numerous events coming into the city in 2026. “It is more…
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As Founder and CEO of Two Philadelphia Companies, Jenny Rafeh is All About Service to Others
Moving to a new country and uprooting all you know can be a difficult ordeal for anyone, particularly during your teen years. That was the situation Jenny Rafeh found herself in. Twenty-seven years ago at 14, Rafeh and her family left Venezuela — where her parents previously immigrated to from Syria — and moved to…
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See How Comcast CEO Brian Roberts’ 2024 Compensation Compared to Previous Year
Comcast Corp. CEO Brian Roberts saw a noticeable 4.5 percent drop in his 2024 pay, writes Ryan Mulligan for the Philadelphia Business Journal. His pay in 2024 was $33.86 million compared to $35.47 million in 2023, according to Comcast’s annual proxy report. Brian Roberts’ 2023 compensation was his highest in four years at the point.…
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Philadelphia’s New Apartments Are Among the Smallest in the Nation, According to New Report
As the average size of new apartments are continuing to expand nationwide, some cities such as Philadelphia are an exception. Philadelphia has the 10th smallest average new apartment size in the nation, according to a new report by RentCafe. The report found that new Philadelphia apartments are an average of 759-square-feet, which is significantly lower…
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Popular Mount Airy Restaurant to Close in September After Decade in Business
Jansen, one of Mount Airy’s top rated restaurants, will be saying goodbye in late September, writes Michael Klein for The Philadelphia Inquirer. David Jansen, the restaurant’s chef-owner, pointed to economics as one of the factors in his decision to close the restaurant. “I’ve had 10 great years there, but I could never really generate the…
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Synthetic Dye Ban Puts Philadelphia’s Classic Treats at Risk
With the Department of Health and Human Services, led by Robert F. Kennedy Jr., moving to phase out eight petroleum-based artificial food dyes, several iconic Philadelphia treats may be at risk, writes Emily Bloch for The Philadelphia Inquirer. The aim is to eliminate artificial colors from the nation’s food supply by the end of next…
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Peirce College Announces Patty Jackson As 2025 Commencement Ceremony Keynote Speaker
Peirce College is honored and excited to announce that Patty Jackson, WDAS radio personality and Philadelphia legend, will be the keynote speaker for the 2025 Peirce College Commencement Ceremony! Jackson will address graduates at the College’s 160th Commencement Ceremony, to be held at the Miller Theater in Center City Philadelphia. A proud South Philadelphia native,…
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Buyers of Fishtown Property Unveil Conversion Plans After $1.7 Million Acquisition
The buyers of a Fishtown property, which has three buildings next to SEPTA’s Market-Frankford Line, plan to convert the existing hotel into apartments and replace two eateries with a New York-style deli, writes Emma Dooling for the Philadelphia Business Journal. Brothers Sam and Mohammed Abiah and other undisclosed investors paid $1.7 million for the site…
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Philadelphia’s Many Vibrant, Diverse Neighborhoods Also Provide Many Unique Offerings
Philadelphia is home to a vibrant and culturally diverse mix of neighborhoods, with each offering something for everyone, write the Editors for Philadelphia Style. Avenue of the Arts is a true haven for art lovers, opera aficionados, and theatergoers. It is home to numerous art centers and galleries, but there is also so much more,…
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Brian Fitzpatrick Raises $1.22 Million in 2025 First Quarter as He Readies for Midterm Challenge
Brian Fitzpatrick, a moderate Republican representing Bucks County and a small part of Montgomery County, raised $1.22 million in the first quarter of 2025, likely in preparation to defend his seat against a Democratic challenger in the 2026 midterms, write Fallon Roth and Ryan W. Briggs for The Philadelphia Inquirer. Fitzpatrick, whose seat is being…
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Philadelphia’s Poverty Declines While Violent Crime, Unemployment Show Improvements
According to The Pew Charitable Trusts’ 2025 State of the City report, poverty and violent crime in Philadelphia are declining, while unemployment rates are falling and educational outcomes are improving, writes Kristen Mosbrucker-Garza for WHYY. Pew researchers found that the city’s economy is overall stronger than it was during the pandemic five years ago, although…
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Federal Reserve Bank of Philadelphia Announces Next President
The Federal Reserve Bank of Philadelphia has been in search of its next president and recently announced the appointment of Anna Paulson to become its next executive leader, writes Michael S. Derby for Reuters. Paulson currently serves as the director of research at the Federal Reserve Bank of Chicago. She will officially join the Philadelphia…
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Philadelphia Ranks Among Top 5 Life Sciences Hubs in the Nation
Colliers, a commercial real estate services firm, recently did its second annual analysis of the top life sciences hubs in the nation, and Philadelphia is in the top five, writes John George for the Philadelphia Business Journal. Philadelphia took fourth place on this year’s ranking for the second consecutive year. The firm credited Philly’s strong…
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