Jon Harris/The Morning Call – Back in January 2013, Pennsylvania Real Estate Investment Trust unloaded the 577,000-square-foot Phillipsburg Mall for $11.5 million. Its anchors were J.C. Penney, Sears, Bon-Ton and Kohl’s. Fast-forward to today. J.C. Penney closed in 2014, and Black Rose Antiques and Collectibles finally filled the space more than two years later. Sears shuttered there last […]
Archives for February 2018
Amazon may be eyeing Target – or Kohl’s – for its next takeover
Suzette Parmley/The Philadelphia Inquirer – Speculation started last month that online juggernaut Amazon was considering Target Corp. for a takeover and adding “department store” to its list of conquests. But Target may not be Amazon’s only target, say retail observers. Last October, Amazon launched a pilot in 82 Kohl’s stores in Los Angeles and Chicago, where its customers […]


