Sweet Pete’s enters Chicago market
Entrepreneur and reality TV star Marcus Lemonis is part of a group that has acquired a Lake Forest candy and cupcake boutique and plans to convert it to the Chicago...
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Michael Jordan’s market value is $10 million, economist testifies
Michael Jordan's identity carries a "fair market value" of about $10 million for a deal, and more than a decade after the Chicago Bulls great retired from pro basketball, his...
Chicago bank created to serve poor relies heavily on overdraft fees
When Chicago-based ShoreBank imploded under the weight of bad loans in August 2010, a who's who of Wall Street banks and other major institutions rallied to start a new lender...
Architect selected for Pullman Artspace project
Efforts to breathe new life into Chicago's Pullman neighborhood took another step forward Wednesday with the selection of VOA Associates to become the architect of the Pullman Artspace project. Pullman...
Chicago-area grocery stores fewer in number but bigger, more upscale
The Chicago area has five fewer grocery stores than it did two years ago, but the ones remaining are bigger and fancier, a new study shows. The area's 278 grocery...
Geico to hike Illinois car insurance rates by an average 7.7 percent
Geico, which last week reported a significant drop in profits, is raising its car insurance rates in Illinois by an average of 7.7 percent for new policies effective Aug. 14...
Will smartphone apps kill social media as a back-to-school shopping tool?
Using social media to plan back-to-school shopping is so 2011. That's the word from a new survey by consulting firm Deloitte, which found that only 10 percent of respondents said...
Is Marco Rubio right about 40% of banks wiped out by Dodd-Frank?
Presidential contender Marco Rubio said during Thursday's Republican debate that "over 40 percent of small and midsize banks have been wiped out since" the 2010 Dodd-Frank Wall Street Reform and...
Fastest-growing U.S. retailers include 4 Illinois companies
An annual list of the nation's fastest-growing retailers includes four Illinois companies ranging from a supermarket chain to a cosmetics merchant to a farm-supplies seller. Ulta Salon Cosmetics & Fragrance...
Parents of younger kids expected to spend $630 on back-to-school shopping
For most families, back-to-school shopping still means putting the kids in the minivan and making a trip to several bricks-and-mortar stores. Beverly mom Marianne Walsh went on a shopping odyssey...