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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

But apparently they’re doing something right in Philadelphia. The Philadelphia Real Estate Investment Trust (PREIT) owns 17 malls surrounding the New York-New Jersey-Pennsylvania corridor, with a smattering of properties near Detroit and Washington, DC.

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Office Lending – Here is Why It is Not as Bad as The Market Thinks

South State Correspondent

It is in locations like San Francisco and Miami but less so in Philadelphia. Attendance in Philadelphia is relatively low, yet office demand has held up, and delinquencies remain controlled. Because of strong corporate earnings and substantial employment, the office market is getting a reprieve from a full-fledged downturn.

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Philly Mall Owner Sets The Tone For Digital 3.0

PYMNTS

A Philadelphia-based mall owner is taking a proactive approach to the digital shift and back-to-school shopping. PREIT (Philadelphia Real Estate Investment Trust) is curating its first eCommerce offering in what it says is a unique avenue to engage consumers from a multi-retail perspective. In a trade publication. “We

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Delivery Service goPuff Buys West Coast-Based BevMo For $350M

PYMNTS

Philadelphia-based goPuff, which bills itself as a kind of catch-all service for helping customers with various everyday shopping needs, is hoping to use the announcement to enter into the California market, the blog post stated. The $350 million deal is expected to close within 30 days, the Los Angeles Times reported.

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Airport Shop To Add Amazon’s Just Walk Out Tech At Newark, LaGuardia

PYMNTS

CIBO Express Gourmet Market, owned by hospitality group OTG, is located at Newark Liberty International Airport Terminal C, with more locations to follow in Newark and at LaGuardia Airport. OTG operates 350 restaurants and shops in 10 airports, including in Minneapolis, Washington D.C., Philadelphia and Toronto. “OTG

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eBay Snaps Up Ticketbis

PYMNTS

eBay has announced its intention to grab up Ticketbis, a Spanish online ticketing platform that operates in 47 markets. The firm primarily operates in Southern Europe, Latin America and Asia. To promote the move in a somewhat out-of-the-box way, StubHub is also the first shirt sponsor in NBA history for the Philadelphia 76ers.

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Odds Are That Online Sportsbook Wins Big Post-COVID

PYMNTS

16) that it’s signed an exclusive multiyear arrangement with the New York Giants NFL team, making DraftKings the franchise’s “official sports betting, iGaming and daily fantasy operator.” DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers.

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