Holiday retail sales expected to rise 3.3%
Holiday retail sales are expected to rise 3.3 percent this year from last, according to a report released Wednesday by ShopperTrak. Consumers also are expected to visit more stores, with...
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Sears to spin off Hometown, Outlet stores Tuesday
Sears Holdings Corp. plans to spin off its Hometown and Outlet stores to shareholders Tuesday. According to a statement late Friday, the Hoffman Estates-based retailer will distribute transferable subscription rights...
Tribune, Walgreen end talks for Tribune Tower store
Tribune Co. said Friday that it has ended negotiations with Walgreen Co. over the drugstore chain's plans to open a 25,000-square-foot flagship store in the Tribune Tower on North Michigan...
Sears stock jumps 10% on Lampert purchase
Sears Holdings Corp. stock climbed Thursday morning as Chairman Edward Lampert purchased 2.39 million shares of the Hoffman Estates-based retailer's stock according to a regulatory filing. Sears shares closed up...
Strong sales help Ulta beat expectations in 2Q
Ulta Beauty reported second quarter results that beat analysts estimates. The Bolingbrook-based retailer said Thursday that it earned $35 million, or 54 cents per diluted share, in the quarter ended...
Ray Griffith to step down as Ace CEO
Ace Hardware Corp. President and Chief Executive Ray Griffith said he plans to retire in March, after which Chief Operating Officer John Venhuizen will step into the CEO spot, the...
Saks to close Highland Park store
The Saks Fifth Avenue in Highland Park will close after the holiday season, displacing roughly 60 workers, the company announced Tuesday. The 12-year-old, 49,000-square-foot store will close Dec. 31. "We...
Ray Griffith to step down as Ace CEO
Ace Hardware Corp. President and Chief Executive Ray Griffith said he plans to retire in March, after which Chief Operating Officer John Venhuizen will step into the CEO spot, the...
Ace CEO to retire next March
Ace Hardware Corp. President and Chief Executive Ray Griffith said he plans to retire in March, after which Ace's Chief Operating Officer John Venhuizen will step into the CEO spot,...
ComScore leader focused on consumer interests and business assistance
It's not uncommon for Gian Fulgoni to be told how much he looks like Dustin Hoffman, or even to be mistaken for the Academy Award-winning actor and pressed for an...