Business News

The discount retailer last announced it was attempting to navigate its Chapter 11 proceedings after its intended sale to Nexus Capital Management appeared to fall through. In looking for an "alternative going concern transaction," Big Lots announced its sale to Gordon Brothers Retail Partners early January.

Continued economic growth for the Lehigh Valley was predicted during at “Sizing Up 2025: Lehigh Valley Economic Outlook” at the ArtsQuest Center at SteelStacks on Tuesday. The event, presented by Truist and the Greater Lehigh Valley Chamber of Commerce, featured speakers who shared a positive economic picture of the Lehigh Valley and the nation.

Famed chef Jose Garces announced Tuesday he will open two restaurants downtown this spring.

PPL Electric Utilities' President Christine Martin says Pennsylvania needs to allow changes in the energy sector or risk widening the gap between between supply and demand for consumers.

Rich Rudolph and son, Rich, opened Mason's Famous Lobster Rolls at The Promenade Center Valley this month. The Lehigh Valley natives are the first franchise owners of the chain in Pennsylvania.

The Giant Company announced its move from Emaus Ave. to Lehigh St. in Nov. 2023, with construction set to begin in 2025. Demolition began this month at the site of the former Bon-Ton in the South Mall.

Join Sarah White and Tim Betz on a virtual Zoom call at noon on Wednesday, Jan. 29.

A cold snap that sent temperatures near historic lows brought record winter demand for electricity across numerous regional grids and service territories, including the Lehigh Valley.

Air Products shareholders at their annual meeting elected a new slate of board directors that did not include Chief Executive Officer Seifi Ghasemi, who has led the company since 2014.

The boutique hotel in Downtown Allentown opened on Jan. 15 and is already booking dates for when the Archer Music Hall opens in March.

The hearing later this month in Bethlehem is the first step in the 5-year license renewal for Wind Creek Bethlehem. The initial public hearing by the Pennsylvania Gaming Control Board had been set for June 26 but had to be postponed because of severe storms and power outages.

Owowcow Creamery announced it secured two brag-worthy titles: third-best ice cream shop in the U.S. and first place on the East Coast. The creamery has two locations in the Lehigh Valley.

About 120 workers at the distribution center in Palmer Township are represented by the United Auto Workers union. Leaders say the proposed deal increases wages 33% over the next five years.

Teamsters Local 773 approved a new contract that awarded employees raises, more sick days and better contributions toward their health care costs, said union President Dennis Hower.

The first annual KidsPeace Dodgeball Tournament was held Thursday. It raised money for the Orefield-based nonprofit, which provides behavioral and mental health services to children.

Allentown City Council agreed to raise parking fines next month if the parking authority's board agreed to those initiatives.

Easton City Council approved a resolution that would allow the city to take the historic Hooper House by eminent domain, but officials would prefer not to fall back on that option, hoping discussions with owner Rock Church may be successful.

The “Easton Commerce Park" proposal for a 1,006,880-square-foot warehouse at the old Pfizer Pigments property off Wood Avenue drew concerns from members of the Lehigh Valley Planning Commission.

In the midst of scorching temperatures, Tandoor Grill owner Raj Muddu is giving out free water bottles to help cool off Easton community members.

Farmers Kenneth and Heather Skorinko are planning to open a craft distillery with a tasting room. They would build a 2,400 square foot pole barn at 1990 Neffs Laurys Road in North Whitehall to house it.

A proposed skyscraper on 9th Street in Allentown called Peregrine Tower has garnered local and feasibility concern for its height and impact on the neighborhood.

Officials with the Lehigh Northampton Airport Authority said Tuesday that the airport's future growth will come from Allegiant Air, the ultra-low-cost carrier that accounted for 60% of their passengers in 2023.