Commerce
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Despite Bankruptcy, QVC Group Earns a Spot on the 2026 Fortune 500
West Chester is home to a Fortune 500 company, even if that company is navigating one of the more turbulent times in its history. QVC Group landed on the 2026 Fortune 500 after it officially shifted its corporate headquarters address to West Chester, reports Ryan Mulligan for the Philadelphia Business Journal. QVC Group formerly operated out of a Colorado address under the name Qurate Retail Group before rebranding…
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Wayne’s Radian Group Transforms Beyond Mortgage Insurance With $1.7B Acquisition
Wayne-based Radian Group has spent years searching for the right moment to reinvent itself. The mortgage insurer turned global specialty insurer is pressing forward following its $1.7 billion acquisition of London-based Inigo Limited, according to Jeff Blumenthal at the Philadelphia Business Journal. The Inigo deal, which closed Feb. 2, helped push Radian’s Q1 2026 revenue…
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Loyal QVC Fans Keep Shopping Network Alive Amid Financial Struggles
Despite financial struggles and bankruptcy speculation, West Chester-based QVC still has a devoted customer base with no plans to leave, writes Erin McCarthy for The Philadelphia Inquirer. Donna Braun has followed QVC since the early 1990s, when she discovered the shopping network while channel surfing. Her first purchase, made by phone, was a throw blanket. Over the years, she…
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HSN Officially Relocates to QVC’s West Chester Campus
After months of preparation, HSN has closed operations at its Florida studios and officially completed its relocation to QVC’s campus in West Chester, writes Ashley Gurbal Kritzer for the Philadelphia Business Journal. The shopping network “transitioned to broadcasting full-time from our corporate headquarters in West Chester” at noon on Wednesday, said its spokesperson. HSN’s parent…
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QVC Group to Proceed with Voluntary NASDAQ Stock Delisting
Despite plans to implement a reverse stock split to boost the company’s share price, West Chester-based QVC Group is preparing to voluntarily delist from the NASDAQ Capital Market, writes Jeff Blumenthal for the Philadelphia Business Journal. The home shopping giant transferred its stock from the NASDAQ Global Select Market to the NASDAQ Capital Market on…
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As Revenue Drops, QVC Reduces Reliance on Chinese Imports to Focus on TikTok Shop
West Chester’s QVC Group saw a 10 percent revenue drop year over year for the quarter ending March 31, driven by the ongoing decline in traditional TV customers and President Donald Trump’s chaotic tariff rollout, writes Andrew Seidman for The Philadelphia Inquirer. To combat the mounting challenges, QVC plans to significantly reduce its reliance on…
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Giant Expands Philadelphia Region Footprint with New Parkesburg Store
Giant is continuing to expand in the Philadelphia region with a new, 60,000-square-foot grocery shop at the Shoppes of Sadsbury in Parkesburg, writes Ryan Mulligan for the Philadelphia Business Journal. The new Giant store will be the grocery store chain’s thirteenth in Chester County. Construction is expected to start later this year. The project will…
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All-Star Sports Academy in West Chester Looks to Expand Beyond the Philadelphia Region
All-Star Sports Academy in West Chester is looking for potential acquisitions with the goal of expanding beyond the Philadelphia region, writes John George for the Philadelphia Business Journal. The company, which has seven locations for budding baseball and softball players in the region, is aiming to have as many as 30 sites in the next…
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Qurate, Parent Company of West Chester-Based QVC, Rebrands as QVC Group
Qurate, the parent company of West Chester-based QVC, officially changed its name to QVC Group, and is now trading under “QVCGA,” “QVCGB,” and “QVCGP” symbols, writes David Moin for the Women’s Wear Daily. The “rebranding” is an “important milestone in our nearly 50-year evolution as a collection of leading retail brands,” said David Rawlinson II,…
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With Q3 Results In, QVC Parent Company Approaches Culmination of Transformation Plan
Qurate, the parent company of West Chester-based QVC, reported third-quarter results, noting a revenue decrease from $2.48 billion to $2.34 billion year-over-year, writes Mike Duff for Homepage News. The company also reported a net loss attributable to its shareholders of $23 million compared to net earnings of $1 million for the same quarter of the…
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Battle Over Kroger-Albertsons Merger: What It Means for Malvern’s Acme
Acme in Malvern could be looking at some changes if the government does not manage to prevent the Kroger-Albertsons merger, one of the biggest supermarket mergers in the nation’s history, writes Conner Barkon for KYW Newsradio. The Federal Trade Commission is attempting to block the proposed merger of grocery chains Kroger and Albertsons, Acme’s parent…
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West Goshen-Based A. Duie Pyle Has Been Thriving a Full Century By Bucking Trends
Family-owned trucking company A. Duie Pyle, based in West Goshen, celebrated its 100th anniversary this spring, writes Joseph N. DiStefano for The Philadelphia Inquirer. The business has survived and continued to thrive by bucking trends over the years. The latest shift in the industry was the new emphasis on rapid delivery caused primarily by Amazon…
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PREIT’s New Leadership Keeps Exton Square Mall On List of Properties for Sale
The Exton Square Mall has remained up for sale under PREIT’s new leadership, writes Paul Schwedelson for the Philadelphia Business Journal. The Philadelphia company which recently emerged from bankruptcy protection had previously identified the mall as a “non-core mall,” meaning that it was not investing and was instead positioning it for redevelopment. The property is…
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West Chester-Based Supply Chain Company A. Duie Celebrates 100 Years
A. Duie Pyle a family-owned and operated provider of asset and non-asset-based supply chain solutions, has reached its 100th anniversary. This significant milestone marks a century of unparalleled service, innovation, and perseverance in the logistics and transportation industry. Pyle has grown from a humble beginning starting with just one used truck into a dominant force in…
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Qurate Plans to Take QVC ‘Out of the Studio and Into the World’
Qurate Retail Group, owner of West Chester-based QVC, reported its fourth-quarter results last week, writes David Moin for the Sourcing Journal. While the company recorded a decline in revenue and a steeper net loss for the quarter, it also reported an adjusted net income of $87 million over the same time period, compared to an…
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State’s Chief Transformation Officer Aims to Simplify How Pennsylvania Does Business, Unravel Red Tape
Pennsylvania is known as a notoriously tough place to start or run a business, but its new Chief Transformation Officer Ben Kirshner is working on changing that, writes Don Steinberg for the Philadelphia Magazine. Kirshner is the head of the newly created Office of Transformation and Opportunity. He was recruited by Gov. Josh Shapiro to…
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Twelve Chester County Companies Place Among Fastest-Growing Firms in Northeast
Twelve Chester County companies made Inc. 5000’s 2024 list of the 198 fastest-growing firms in the Northeast, with two of them cracking the top 50, writes Ryan Mulligan for the Philadelphia Business Journal. The ranking is based on the companies’ revenue growth from 2020 to 2022. The highest-ranking local representative on the list is Stream…
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Girl Scout Cookie Season Starts Next Week in Chester County, Around the Nation
Just over the weekend, over 5,800 cookies made it safely to the Valley Forge Service Center in Chester County in preparation for the local Girl Scout troops to begin their annual cookie sales that we love, writes staff for 6ABC. The cookies are being distributed to the troops ahead of the sale date of Jan.…
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