Corilyn Shropshire

Billionaire hedge fund manager Edward Lampert and majority shareholder was paid nothing as Sears Holdings Corp. chairman. But now that he's chief executive, he's in line for a substantial raise....

OfficeMax CEO Ravi Saligram has a busy year ahead: He's juggling a huge merger, a change in strategy and whether he'll stay in the top job. Naperville-based OfficeMax announced in...

Sears Holdings Corp. said it narrowed losses in the fourth quarter and for the year, but that wasn't enough to keep Wall Street happy as its shares dropped more than...

Michael Edwards has only been in town for a few months, but the new executive director of the Chicago Loop Alliance says the warm reception he's getting makes him feel...

Shares of OfficeMax Inc. skyrocketed 21 percent Tuesday on speculation that the Naperville-based office supply retailer is in talks to merge with rival Office Depot Inc. In the first day...

Richard M. Daley has kept a low profile since leaving office in 2011. That doesn't mean he has lost interest in urban issues. The former mayor has turned his attention...

Can a Craftsman hammer and a cupcake coexist at Sears? Sears Holdings Corp. will begin testing a new concept for its 4-year-old Web portal called Mygofer, adding Sears-branded products to...

Shopping center development in the Chicago area is on the rise after four years of decline, according to new report released Thursday by Mid-America Real Estate Corp.Construction of new shopping...

Frustrated that she couldn't buy an electronic gift card from a high-end North Shore boutique, Kara Kaplan figured there had to be a better way. So she and longtime friend...

Now that Sears chairman and hedge fund billionaire Edward Lampert has stamped the CEO moniker on his nameplate, industry watchers wonder what's next for the beleaguered retailer. Lampert has been...