JPMorgan Chase & Co. said it will exceed the promised 50 retail branches coming to the region. The nation’s largest bank entered the Philadelphia retail banking world in September 2018 when CEO Jamie Dimon visited Philadelphia to announce plans to open to 50 locations within five years. Three years later, Chase (NYSE: JPM) has already opened 41… Read more »
French-inspired bakery chain Paris Baguette is planning substantial expansion throughout the U.S. and Canada, and Philadelphia is on its shortlist of target markets. The Moonachie, New Jersey-based company is looking to open 30 new locations in 20 key markets by the end of the year. It will then look to establish 1,000 new locations in… Read more »
In a July 29 filing with the Office of the Comptroller of the Currency, Providence, Rhode Island-based Citizens (NYSE: CFG) said it plans to shutter the following locations: 2001 Market St., Philadelphia 1313 Franklin Mills Circle, Philadelphia 131 Second St., Lewes, Delaware In addition, the filings said the bank plans to close five sites in… Read more »
Santander Bank said it plans to close 15 more Pennsylvania branches by the end of 2021. If those sites are all located in southeastern Pennsylvania, it could equate to shaving off as much as a quarter of its remaining locations in the Philadelphia region. “Like many industries, our customers’ preferences and behaviors are shifting,” Santander… Read more »
Citizens Bank has filed to close three more branches in the Philadelphia region as it continues to optimize its retail footprint and terminate relationships with local supermarkets. In a July 23 filing with the Office of the Comptroller of the Currency, Citizens said it will close the following locations: 314 Horsham Road in Horsham, inside… Read more »
A demolition permit has been pulled for South Street’s storied Downey’s Irish Pub and Restaurant, which dates back to the 1970s and appeared on the television show “Bar Rescue.” Issued on July 7, the permit greenlights the full demolition of the structure at 526 Front St. that also stretches along 109-11 South St. The property… Read more »
Family-friendly Hooters spinoff Hoots Wings plans to expand its East Coast presence with 16 locations across Greater Philadelphia. ANZ Hospitality LLC, a Malvern-based hospitality company, aims to open the new franchise locations within 20 miles of Philadelphia by 2026, with the first restaurant expected to open by the end of this year. Hoots Wings is… Read more »
Wolf Commercial Real Estate, the leading Norristown commercial real estate brokerage firm that specializes in Norristown commercial real estate listings and services, is now offering premier Norristown office/flex space for lease in the East Norriton Industrial Park at 553 Foundry Road Norristown PA. Please call for the asking lease price for this professional office/flex space… Read more »
Wells Fargo & Co. will close 19 more branches, including two in this region, as part of its broader plan to cut billions of dollars in costs to keep pace with its rivals. The impacted branches include: 2090 County Line Road, Huntingdon Valley 8200 Roosevelt Blvd., Northeast Philadelphia Branches at 6010 W. Main St. in… Read more »
Wawa will open a new “stadium store” near South Philadelphia’s sports complex on Thursday as fans flood back into the area for live games after the city lifted local Covid-19 restrictions earlier this month. The 2600 Penrose Ave. location will be the only Wawa in Philadelphia to sell beer, joining five other brew-slinging stores in Pennsylvania,… Read more »
