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Despite this year’s highly unusual and difficult circumstances, King of Prussia and Willow Grove Mall are still finding ways to make sure kids get a chance to speak with Santa.
For the last few weeks PREIT has been busy securing their bankruptcy restructuring plan, which will enable them to free up $150 million in borrowing…
By Chris Isaac
PREIT, the Center City-based owner of both the Plymouth Meeting and Willow Grove malls, seems to have found a lifeline as…
After a tumultuous month where PREIT was trying to get all of their lenders to approve of a plan that would allow…
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…
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…
By Katie Kohler
Although it’s nice to see packages at your doorstep, it lacks the appeal of a “real” retail experience. Remember that? Clothes…
After its parent company Ascena Retail Group filed for Chapter 11 bankruptcy last month, Lane Bryant, the women’s clothing retailer, is closing six stores…
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…
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