I'm still waiting to hear the FD answer for the exiting of mall shopping. That's where Penny's and Kohl's is getting their lifts from. Personally don't think those brands compare, but the urban housewife loves to not have to lug the kids to the mall to shop. May co. forever (minus Mr. Kahn)
Great news for Philadelphia! Run properly this could be a smaller Herald Square and the Wanamaker building (currently L&T) is perfectly positioned near the convention center and many office buildings for mid day traffic and near regional rail similar to HS NY. The Grandeur of this location is better then the old S&C (Strawbridge & Clothier) location. It has the WOW factor that many stores are missing.