Business News

The monthly report from the Greater Lehigh Valley Realtors shows home sales down 32 percent in September from September 2022. Low inventory and higher mortgage rates are to blame, officials say.

Pharmacy chain Rite Aid said late Sunday that it has filed for bankruptcy and now is focused on a restructuring plan that will close underperforming stores — including several in the Lehigh Valley.

Take a look at stories that ran throughout the week of which we are most proud, had a profound impact on readers or that you might want to look at again.

City planners voted 3-0 to approve land development plans for the hotel. The developer has a number of tasks to complete before receiving building permits.

Though Ideal Tower will have three fewer floors than the PPL Tower, it's set to stand 326 feet high — four feet taller than the iconic Allentown structure.

The Upper Macungie Planning Commission will discuss a plan for a manufacturing facility at 110 PA Route 100. A 150,000-square-foot warehouse has been proposed at the same site.

Western Lehigh Services, a commercial landscaping and snow management firm, is planning expansion into a new location in Lower Macungie Township.

Union workers walked off the job at Mack Trucks' facility in Lower Macungie Township and other locations Monday morning — a week after both sides announced a tentative deal.

Have you been following the news in the Lehigh Valley this week? Find out how many of these questions about happenings and news around the Lehigh Valley you can answer correctly.

Ripple Community Incorporated wants to put a dozen apartments into the former Emmanuel United Church of Christ at 1547 W. Chew St.

Longtime borough resident Jennifer O’Neill has purchased the building at 2 N. Main St. and is transforming the space into Circle Cafe on Main, a café inspired by European coffeehouses that aims to foster community connection.

The Philadelphia-based health system will lay off 1% of its staff, citing "financial headwinds." Jefferson Health completed its acquisition of Lehigh Valley Health Network in August 2024.

Plans for a 190,400-square-foot distribution facility along Main Street received unanimous conditional final approval from the Whitehall Township Planning Commission on Wednesday night.

City planning officials on Tuesday reviewed the "impending" sale of McKinley Elementary School, which opened in the 1880s.

According to ArtsQuest, programming ideas for the gallery space and lounge include a partnership with Bethlehem Area School District to include adult English programs, family workshops and other cultural learning opportunities.

Easton's Historic District Commission approved concepts for the Residences at Lynden, a 73-unit condominium project planned for South Third and Ferry streets Downtown.

Steel Ice Center eyes a 34,000-square-foot addition to make room for now its third ice rink on site, as well as 6,000 square feet more for a fitness facility with gym space, stretch and recovery lab and locker area.

The Gateway on Fourth, a 120-unit affordable housing project, expected to cost $29 million, just received $16 million in highly competitive tax credits awarded by the Pennsylvania Housing Finance Agency board. It's one of two affordable housing projects out of six total applicants in the Lehigh Valley to receive the credits.

Martin Guitar welcomed guests from across the music industry to talk about protecting the environment at its first Sustainability Summit on Thursday.

The filings, which occurred over the past few days in U.S. Bankruptcy Court in New Jersey, are individual filings of LLCs, including the location that was based at the Lehigh Valley Mall Lifestyle Center.

Spirit Halloween is trading its iconic orange and ghoulish mascot for St. Nick and Christmas cheer. Near the end of October and beginning November, some existing Spirit Halloween stores will shift to Spirit Christmas stores, including one in the Lehigh Valley.

PPL Electric Utilities this week filed its first distribution base rate request in a decade, seeking approval from the Pennsylvania Public Utility Commission for an 8.6% increase in annual revenue — about $356 million.