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2018年10月30日 星期二

Target to close two South Side stores | Whirlpool demands Sears return appliances | Carson's to reopen in Evergreen Park

The most complete business news and market update, delivered weekdays after the closing bell.

Chicago Tribune

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October 30, 2018

chicagotribune.com

BizWrap

Target to close two South Side stores in February

Tuesday, Oct 30

A Target spokeswoman said the decision to close stores in the Morgan Park and Chatham neighborhoods in February "is based on the business and is not about a neighborhood or geography." The retailer has plans for two new North Side stores, in the Rogers Park and Logan Square neighborhoods, by the end of 2020.

Whirlpool to Sears: We want our appliances back

Whirlpool wants Sears to return products the appliance-maker shipped in the weeks before the retailer filed for Chapter 11 protection. It's a common claim in bankruptcy court, one lawyer said.

Carson's reopening Evergreen Park store on Black Friday

Carson's will reopen in Evergreen Park the day after Thanksgiving, marking the return of the store's bricks-and-mortar presence after it shuttered all locations in bankruptcy in August.

Oreos and Ritz crackers could get more expensive next year

Mondelez International, the Deerfield-based snack and candy company known for Oreo and other brands, will raise prices next year, executives said.

United launches nonstop service from Chicago to Leon, Mexico

United Airlines started daily nonstop service over the weekend from Chicago to Leon in the central Mexican state of Guanajuato.

Personal injury attorney Philip 'Flip' Corboy Jr. buys $6.06M luxury condo at 9 W. Walton

Personal injury attorney Philip "Flip" Corboy Jr. has become the latest buyer of a high-priced condominium unit in the new luxury Walton tower.

Reagan, the Contras, and the Orange Line — a CTA route's curious backstory

The 25-year-old Orange Line to and from Midway Airport was made possible with some help by former President Ronald Reagan, and a crucial vote by a Democratic congressman.

Medical marijuana company Cresco Labs acquires Elmwood Park dispensary

Chicago-based Cresco Labs is purchasing cannabis dispensary FloraMedex in Elmwood Park, just weeks after Cresco announced plans to go public in Canada.

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