Starbucks sees big Christmas Eve sales in the cards
Procrastinators: Starbucks thanks you. The coffee giant anticipates a record number of gift cards to be bought on Christmas Eve as people race to get their holiday shopping done. Last...
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2nd Conrad hotel planned for Near North Side
Veteran hotelier Laurence Geller has closed a deal to turn a 224,000-square-foot Near North office building at 101 E. Erie St. into a luxury hotel. Geller, former chief of Strategic...
Pac-Man themed restaurant set for Woodfield Mall
A restaurant inspired by the video game Pac-Man is set to open at Schaumburg's Woodfield Mall in January. The new 40,000 square-foot restaurant will be called Level 257, named for...
Sensa customers to get refunds totaling $26 million
More than 470,000 consumers who bought the powder weight-loss supplement Sensa will receive a total of $26 million in refunds, the Federal Trade Commission said Wednesday. The FTC is mailing...
Kemper buying California insurer Alliance United in $70M deal
Insurance provider Kemper said Thursday it planned to buy California-insurer Alliance United Group and its subsidiaries for $70 million. Alliance United is one of the top five providers of auto...
SiriusXM customers may qualify for settlement share
SiriusXM will pay $3.8 million in restitution to 44 states, including Illinois, and the District of Columbia after admitting it engaged in misleading advertising and billing practices, the Illinois attorney...
Deb Shops files for bankruptcy
Teen retailer Deb Shops has filed for bankruptcy protection and is taking steps to liquidate if it can't find a buyer, according to court documents filed Thursday. This is the...
Walgreen names Linda Filler 1st chief merchandising officer
Walgreen has named a new executive to its leadership team as it gets closer to finalizing its merger with Alliance Boots. Linda Filler will step into the newly created role...
Mortgage rates slide to 3.89 percent
Average fixed mortgage rates slid this week after less-than-stellar reports on the economy. The average rate on a 30-year, fixed-rate mortgage was 3.89 percent, down from 3.97 percent last week,...
Walgreens sales rise in November despite new generics
Walgreen Co. said Wednesday that sales at stores open at least a year rose by 4.5 percent in November, but they would have increased even more if not for a...