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Analysts have been speculating for a while now that PREIT, owner of the Willow Grove and Plymouth Meeting Malls, might be heading towards bankruptcy within…
Santa Claus will be visiting local malls this year despite the pandemic, but they will implement various precautionary measures to ensure everybody stays safe, writes…
PREIT is proposing to develop an 11-story, 503-unit apartment building at Plymouth Meeting Mall, writes Kevin Tierney for the More Than The Curve…
By Chris Isaac
The damage that COVID-19 has inflicted on the finances of PREIT, the parent company of malls in Plymouth Meeting and Willow…
With the pandemic having such a detrimental impact on businesses it can be easy to assume that there is nothing but bad…
In past years Thanksgiving has increasingly become not only a day about celebrating family, but also a day where the malls have…
The business struggles caused by the pandemic have caused another retailer casualty, this time in the form of the popular New York and Philadelphia store…
PREIT, owner of the Willow Grove and Plymouth Meeting Malls, had its hopes for a cash infusion dashed when a plan to raise $153.6…
With COVID-19 concerns still on everyone’s minds, PREIT, owner of the Willow Grove and Plymouth Meeting Malls, is attempting to entice customers to…
By Chris Issac
PREIT had been able to get all of their malls opened up again near the start of the summer, but there was…
As part of a deal with lenders to stave off default, PREIT, owner of Willow Grove Park and Plymouth Meeting Mall, is paring back executive…
As the majority of PREIT’s malls returned to business in late June and early July, there was uncertainty about how many…
As the “green phase” spreads throughout Pennsylvania and starts lifting social restrictions, that also means the return of shopping malls. PREIT has…
Pennsylvania Real Estate Investment Trust, the owner of Plymouth Meeting and Willow Grove malls, is unsure of its ability to survive, writes Natalie Kostelni for…
PREIT, owner of Plymouth Meeting and Willow Grove malls, has applied for a “forgivable” federal Paycheck Protection Program loan to pay its employees, writes Joseph…
Pennsylvania Real Estate Investment Trust and Simon Property Group are trying to find ways to stay afloat as the coronavirus pandemic continues to dramatically affect…
Pennsylvania Real Estate Investment Trust, owner of Plymouth Meeting and Willow Grove malls, saw its shares fall by 27 percent after reporting fourth-quarter earnings…
With several Macy’s and Bloomingdale’s department stores in their malls across the region, Pennsylvania Real Estate Investment Trust and Simon Property Group have…
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