Willow Grove Park Mall - Economic Impact

Economic Impact

The Willow Grove Park Mall serves as a major regional attraction for Abington Township and is the third most profitable mall in the Philadelphia area. In the Pennsylvania part of the Philadelphia area, the Willow Grove Park Mall is the second most profitable mall after the King of Prussia Mall. The mall is regarded as one of three most successful locations for retailers entering the Philadelphia market due to its location and store selection. In 2011, the Willow Grove Park Mall saw sales per square foot of $400. The mall employed 1,871 people in 2010, making it the third largest employer in Abington Township with 8.06% of the jobs in the township.

The opening of the Willow Grove Park Mall led to the decline of retail along Old York Road in Abington and Jenkintown, with department stores such as Bloomingdale's, Sears, and Strawbridge & Clothier relocating from this area to the mall during the 1980s. A Lord & Taylor store in the same area closed in 1989, but was eventually replaced by the King of Prussia location in 1995.

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