Tasty Morning Headlines: Shake Shack Opens, Marathon Files for Bankruptcy
Here are a couple of food-related news blasts to whet your appetite: The new University City Shake Shack, at 32nd and Chestnut, opens today. Foobooz was there yesterday and got some interior shots and, of course, food porn, including the new fries, which look fantastic. Shake Shack is on a roll in the Greater Philadelphia area, with a King of Prussia location opening next week and the very successful Sansom Street outpost.
Meanwhile, Marathon Grill at 1818 Market Street has filed for Chapter 11 bankruptcy this week, which has all kinds of confusing implications and legal repercussions and, well, stuff that you should read on Foobooz.
What else is in the news today?
The Atlantic Club Casino Hotel seems to be the only A.C. casino seeing revenue increase. According to the Philadelphia Business Journal, gambling revenue in Atlantic City has made a 12.9% nosedive, with Caesars Atlantic City taking “the biggest hit with its gambling revenue falling by nearly 29%.”
Oh, dear. The Garden State might have to change its name to the Toxic Waste State if certain hazardous chemical companies don’t start efficiently meeting safety protocols. Newsworks reports “a coalition of labor, environmental, and community organizations claims New Jersey is still at risk from toxic chemical disasters.” Yikes.
Mortgage declines doesn’t seem to have fazed Wells Fargo. The Philadelphia Business Journal says Philly’s “largest bank of deposits” saw a 13% increase during its third quarter profit. W.F. Chief Financial Officer Time Sloan theorizes that less expenditures and improved credit might have counterbalanced the declines.
Last night Philly.com posted an interview with Todd Kelley, a Society Hill resident on a mission to clean up graffiti-tainted walls and street surfaces.