| Nov 7, 2014
| 3:31 PM
Sears Holdings stock soared Friday after the struggling retailer announced it may spin off up to 300 stores into a separate public company, another effort to raise cash from its substantial real estate portfolio.
The Hoffman Estates-based retailer,...
| Nov 12, 2014
| 1:31 PM
On weekends, the Chicago History Museum is not stuffed to bursting with newcomers to the city, but it ought to be. One of the highest best uses of the information-rich institution at the south end of Lincoln Park is its ability to ground people in the...
| Aug 27, 2014
| 9:00 AM
Up until a year or two ago, tiny squares of medical tape covered all signs of Ann Lewis' age on her driver's license.
Daughter Gloria Lewis recalls her mother saying she'd rather be arrested for defacing her license than tell her age.
But as Ann Lewis...
| May 14, 2014
Robert D. Stuart Jr. was a grandson of one of the founders of Quaker Oats Co. and third-generation leader of the company, shifting the focus during his long tenure as CEO from cereal-making to brand management and marketing while also overseeing...
| Oct 14, 2014
| 12:19 PM
Bloomberg News is reporting: Sears Holdings, the department-store chain run by hedge-fund manager Edward Lampert, apologized after a ring with a swastika symbol appeared on the company’s online Marketplace site.
“We are outraged that more...
| Nov 3, 2014
| 10:19 AM
Sears announced Monday that it plans to open its doors at 6 p.m. on Thanksgiving Day, joining fellow department stores Macy's and Kohl's in nudging their opening two hours earlier. All three retailers opened at 8 p.m. last year.
Kmart will again open at...
| Oct 23, 2014
| 1:58 PM
Sears Holdings Corp is shuttering more than 100 stores and laying off at least 5,457 employees, investor website Seeking Alpha reported on Thursday, indicating the struggling retailer may be stepping up store closures.
Sears said in August it had closed...
| Oct 23, 2014
| 2:27 PM
A published report Thursday said Sears Holdings is laying off about 6,000 workers as it closes 110 stores within the next few months, many before Christmas, according to Seeking Alpha, a content service for financial markets.
Hoffman Estates-based Sears...
| Oct 17, 2014
| 10:10 PM
Gov. Pat Quinn marched down Cermak Road where Cicero meets Berwyn, a white sash designating him grand marshal of a mushroom festival parade perched across his shoulder, but it was his celebrity sidekick who captured the crowd's attention.
"I love you,...
| Oct 20, 2014
| 10:28 PM
Staples Inc is investigating a possible breach of payment card data and has contacted law enforcement about the matter, making it the latest U.S. retailer to become a possible victim of a cyberattack.
"Staples is in the process of investigating a...
| Oct 20, 2014
| 2:09 PM
European discount fashion chain Primark plans to lease space in seven Sears stores as it expands into the U.S. and as struggling Sears Holdings wrings cash from its real estate.
The announcement Monday came as Hoffman Estates-based Sears said it also...