Business Stories from May 24, 2025 (Change date)
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What’s left of Sears? Stores and HQ are nearly gone, but successor still owns and leases many propertiesMay 24, 2025 2:09 pm - Many goodbyes already have been said in Sears’ native Illinois, with its last great headquarters rapidly fading from the landscape of Hoffman Estates. But the one-time retail giant’s 139-year-long story continues at eight remaining stores elsewhere in the country and as a landlord of commercial properties both near and far.
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Lawmakers tried to reform Illinois’ food system. Here’s why it failedMay 24, 2025 1:39 pm - Of all the food consumed in Illinois, 95% of it comes from outside the state. House Bill B3701 and Senate Bill 2187 would have significantly changed state food procurement practices. However, state lawmakers did not pass the bills before a key legislative deadline in April.
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The Biz Week That Was: I-88 corridor redevelopment, new eateries and the best burgers in the suburbsMay 24, 2025 1:22 pm - Naperville mayor touts Block 59 dining district, calls I-88 corridor the ‘most significant redevelopment opportunity’ in city history Across Naperville, a new dining...
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This week politicians can prove they value small businessesMay 24, 2025 1:16 pm - We started with a robust agenda this year in Springfield, which included reining in overly restrictive occupational licenses and supporting folks laid off from their jobs and ready to start businesses.
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Why are more shoppers struggling to repay ‘buy now, pay later’ loans?May 24, 2025 1:03 pm - More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender said this week. The disclosure corresponded with reports by lending platforms Bankrate and LendingTree, which cited an increasing share of all “buy now, pay later” users saying they had fallen behind on payments.
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