DEVELOPMENT

AmerisourceBergen announced it will relocate its headquarters from Chesterbrook to a 12-story office complex that’s currently under construction in Conshohocken. The drug distributor will move 1,500 employees to the 427,000-square-foot tower and create over 550 new jobs in information technology, accounting and other central functions at the site by 2023. Read more at Philly.com.

 

STARTUPS

Disrupter Series to Stop in Philly

CNBC’s Disrupter 50 Roadshow will come to Philly on October 24, offering attendees a chance to gain insights from executives of private companies seeing success in the tech landscape like Duolingo and Rent the Runway as well as some from local companies like RevZilla. Read more at Technical.ly Philly.

 

INNOVATION

GIANT Tests New Store Concept in Philadelphia

Carlisle-based GIANT Food’s new Graduate Hospital location will be a testing site for its Heirloom Market concept, a small-format urban grocery store at that will use market research and community feedback to provide shoppers with items that are closely tailored to their needs. The 9,500-square foot store 2303 Bainbridge St. is expected to open by the end of the year and will bring about 60 jobs to the neighborhood. Read more at PhillyVoice.