King of Prussia
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With Fall Weather Around Corner, Local Restaurants Happy to Up Indoor Capacity to 50 Percent
With the easing of restrictions under Gov. Wolf’s COVID-19 guidance coming into effect on Monday, Montgomery County restaurant owners are overjoyed they will be able to increase their indoor dining capacity from 25 percent to 50 percent, writes Laura Smythe for the Philadelphia Business Journal. “We’re going to lose outside soon, so this is a…
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CNN Business: King of Prussia, Montgomery Malls Will Remain Closed on Thanksgiving
By Chris Isaac As COVID-19 has thrown challenges in the way of nearly every industry and business, people have been particularly curious how it would impact the holiday season. Malls are typically swarmed from Black Friday onwards, and in recent years the sales have been creeping earlier and earlier into Thanksgiving. However, for Simon Property…
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King of Prussia Mall Owner Agrees to Purchase J.C. Penney
Simon Property Group, the King of Prussia Mall owner, and Brookfield Property Partners have agreed to purchase J.C. Penney for $1.75 billion in debt and equity, writes Maria Halkias for The Philadelphia Inquirer. The two real estate companies are landlords to a total of 160 J.C. Penney stores. The lifesaving deal for the troubled retailer…
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Philadelphia Magazine: Latest Addition to King of Prussia Mall is COVID-19 Store
The latest addition to King of Prussia Mall is the COVID-19 store that offers a variety of items that are helping people stay safe in style, writes Victor Fiorillo for the Philadelphia Magazine. The new boutique is located in a small space right by Sephora. Customers who enter the store can see their body temperature…
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New York Times: King of Prussia Mall Owner Buys J.C. Penney Out of Bankruptcy
As the real estate company Simon Property Group began buying up bankrupt retailers over the summer, the biggest source of speculation was whether there was truth to the rumors that they also had eyes on J.C. Penney. In recent weeks those rumors were confirmed but it remained nebulous whether a deal would actually be reached…
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Universal Health Services CEO, Founder Retiring at End of Year
Alan B. Miller is retiring from his position as CEO at King of Prussia- based Universal Health Services at the end of the year, but will continue to serve as the company’s executive chairman, writes John George for the Philadelphia Business Journal. Miller’s son, Marc D. Miller, will take over as CEO as part of…
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Hotel Hero: Ignacio Castro Del Rio, Front Office Supervisor at the Alloy
The Valley Forge Tourism & Convention Board recognizes Ignacio Castro Del Rio, Front Office Supervisor at the Alloy, a DoubleTree by Hilton in King of Prussia, as this week’s Hotel Hero. Nominated by Jennifer Shipman, Director of Sales and Marketing, Ignacio has had a tremendous amount of responsibilities thrust upon him over the last six months,…
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King of Prussia District Launches Round Two of ‘Get More, KOP’ Gift Card Flash Sale
As part of its “Let’s Go, KOP” campaign, King of Prussia District is launching Round Two of the popular gift card flash sale “Get More, KOP” Tuesday, Sept 8 at 12 PM. Round One of the inaugural flash sale launched early Aug and sold out of 1,000 upgraded gift cards in just 27 hours. The second…
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Washington Post: Owner of King of Prussia Mall Tries to Edge Out Competition by Buying Bankrupt Retailers
The challenges brought about by COVID-19 have forced many malls to try a lot of new things to keep their doors open, but the King of Prussia Mall owner, Simon Property Group, might be making the boldest move yet. As reported by Abha Bhattarai for The Washington Post, the Simon Property Group just bought the…
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Forbes: Three Montco Employers Among Top 20 in Pennsylvania
Three Montgomery County organizations are among the top 100 best employers in Pennsylvania, according to the second annual ranking of America’s best employers by state by Forbes. To determine the organizations liked best by employees, Forbes partnered with market research company Statista. The full list was first compiled by surveying 80,000 employees working for businesses…
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After 2nd Round Upset, King of Prussia-Born Ann Li Prepares for 3rd Round of US Open
After upsetting No. 13 seed Alison Riske in the second round, Ann Li – born in King of Prussia – is ready to take on former US Open champion Angelique Kerber in the third round, writes for the US Open News. Li started playing tennis as a 5-year-old because she was tagging along with the…
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NBC’s Philly Live’s Aunyea Lachelle Showcases Many King of Prussia Dining, Shopping Options
Philly Live’s Aunyea Lachelle visited King of Prussia as part of the show’s “In the Name of Love” campaign to showcase the many dining, shopping, and entertainment options the town has to offer. The goal of the campaign is “to spread some of that love to King of Prussia” not just to help local businesses…
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King of Prussia Mall Owner Talks to Acquire JC Penney Stall
After JC Penney went bankrupt back in May due to the strain of lost business from COVID-19’s quarantine, rumors quickly began that the Simon Property Group was interested in buying them out. The real estate company is more known for their presence as mall owner, including Montgomery County’s King of Prussia and Montgomery Mall as…
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Closure of Le Bus Café in Center City Will Not Affect the Brand’s King of Prussia Bakery
The closure of Le Bus café in Center City will not affect the brand’s other operations, including its King of Prussia wholesale commercial bakery, writes Michael Klein for The Philadelphia Inquirer. The café is closing after 24 years in Philadelphia, with the last fourteen at the same location. Owner David Braverman, who referred to the…
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King of Prussia Mall Lord & Taylor Location to Close as Retailer Announces Going Out of Business
Lord & Taylor is officially going out of business and will close all of its remaining stores, including its location as an anchor tenant in King of Prussia Mall, writes Jeff Blumenthal for the Philadelphia Business Journal. The first department store established in the United States filed for Chapter 11 bankruptcy protection several weeks ago.…
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Qlik’s Analytics Tools Aid Fight for Racial Equality
King of Prussia-based Qlik is at the forefront of efforts to utilize data-driven methods to aid in the fight for racial equality, writes George Lawton for SearchBusinessAnalytics.com. Data can be used to pinpoint inequities in society. It has revealed different outcomes for different races – for example, the data that shows the disproportionate impact COVID-19…
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King of Prussia-Based CSL Behring Uses AI Forecasting System to Find People with Rare Diseases
King of Prussia-based CSL Behring is using an AI forecasting system developed over the span of four months utilizing data from the previous five years to find people with rare diseases such as hemophilia, writes Karen Carey for the BioWorld. However, when COVID-19 hit, the company that focuses on therapies based on human plasma saw…
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Wall Street Journal: KofP Mall Owner May Allow Amazon to Move into Vacant J.C. Penney Store
Prior to COVID-19 becoming the biggest threat to the longevity of shopping malls, many considered Amazon to be the largest opposition that was putting a clock on how much longer brick-and-mortar stores would survive. So it’s quite a strange twist to hear that some shopping malls may now be looking to partner with Amazon by…
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