Corilyn Shropshire – Page 27

Former Chicago Bulls basketball star Michael Jordan arrives for proceedings in his lawsuit against Dominick's at the Dirksen U.S. Courthouse on Friday, Aug. 14, 2015. (Anthony Souffle, baiduhai)

What Michael Jordan’s Dominick’s lawsuit teaches us about business

June 15, 2018 at 10:57 a.m.

Michael Jordan relied on natural talent and an unrivaled competitive streak to dominate the basketball world. But off the court, his federal case against Dominick's for the use of his...

The flagship Sears store at State and Madison streets closed in April 2014.

Walgreens to open in Sears’ former State Street spot

June 15, 2018 at 10:36 a.m.

Walgreens will open a store in the former Sears location on State Street in the Loop, the Deerfield-based company confirmed Wednesday. The store, set to open next spring, will occupy...

Whirlpool opening $21 million regional distribution center

June 15, 2018 at 10:52 a.m.

Whirlpool will open a $21 million regional distribution center near Chicago, the company said Thursday. The 750,000-square-foot warehouse in Channahon will serve the upper Midwest and store Whirlpool appliances and...

Universal to pay for security at ‘Straight Outta Compton’ screenings

June 15, 2018 at 11:03 a.m.

Universal Pictures has offered to pay for enhanced security during screenings of West Coast hip-hop biopic "Straight Outta Compton" during the film's opening weekend. The opening of the highly anticipated...

Jo Chun shops at the Saks Fifth Avenue Off 5th store in Chesterfield, Mo.

Saks Off 5th settling on State Street

June 15, 2018 at 12:13 p.m.

State Street will soon be home to another popular discounter: Saks Fifth Avenue Off 5th. The retailer announced Thursday that it has leased 23,527 square feet at 6 S. State...

Bill Ackman is paying approximately $5.5 billion for a 7.5 percent stake in Mondelez.

Is Mondelez for sale after Bill Ackman pays $5.6B for stake?

June 16, 2018 at 4:32 p.m.

Activist investor Bill Ackman is taking aim at Mondelez, paying about $5.6 billion for a 7.5 percent stake in the Deerfield-based food company, spurring speculation that the billionaire could force...

Mondelez said it will lay off half of its 1,200 employees in its bakery on Chicago's Southwest Side after deciding to make a major investment in a Mexico plant rather than its long-standing facility here.

Mondelez to cut Chicago jobs, send some work to Mexico

June 15, 2018 at 12:24 p.m.

Mondelez International will lay off half of its 1,200 employees in its bakery on Chicago's Southwest Side after deciding to make a major investment in a Mexico plant rather than...

In this Jan. 8, 2015 photo, a sign with a sold sticker is posted in front of a row of new town homes in Richmond, Va.

Homeownership rate hits 48-year low

June 15, 2018 at 1:10 p.m.

The nation's homeownership rate continued its decline in the second quarter, dropping to a 48-year low, the Census Bureau reported Tuesday. The homeownership rate slid to 63.4 percent, down from...

Home prices in Chicago area post another small gain

June 15, 2018 at 12:13 p.m.

Home prices in the Chicago area posted a small gain from April to May, continuing their slow recovery following the housing crisis. The S&P/Case-Shiller home price index showed that local...

Strong Chicago housing sales in June: Volume and prices up

June 15, 2018 at 1:12 p.m.

Chicago's housing market continued its rebound last month as existing-home sales in the nine-county area grew 14.2 percent in June from last year — to their highest level since 2006....

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