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Retail and Shopping

Party City closing all its stores, including locations across the suburbs

Dec 20, 2024 2:16 pm - After more than 40 years in business, Party City is closing its stores, including more than a dozen in the suburbs, CNN reported Friday.
Amazon workers are striking at multiple delivery hubs. Here’s what you should know

By HALELUYA HADERO
Dec 20, 2024 8:26 am - Amazon workers affiliated with the Teamsters union launched a strike at seven of the company's delivery hubs less than a week before Christmas.
What you should know about the new scam ‘draining’ gift cards before they’re even sold

By Charles Keeshan and Susan Sarkauskas
Dec 20, 2024 5:15 am - Thinking of giving gift cards for presents this year? Buyer beware. A trending scam known as “card draining” is making some cards worthless before you even have a chance to put a bow on them.
Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year

By CHRISTOPHER RUGABER
Dec 18, 2024 6:37 am - The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation.
Retail sales rose at healthy pace last month in latest sign of US economy’s health

By CHRISTOPHER RUGABER and ANNE D'INNOCENZIO
Dec 17, 2024 7:44 am - Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of the winter holiday shopping season.
Libertyville reptile emporium ideal for winter break outings

Submitted by Linda Zavatsky
Dec 16, 2024 10:09 pm - This winter, bring the family to explore Libertyville’s BioDome reptile emporium. Meet diverse exotic pets, touch snakes, and discover how reptiles live in bioactive, self-sustaining enclosures.
‘Luxury’ car condos could soon roll into Gilberts

By Michelle Meyer
Dec 16, 2024 1:26 pm - Developers are getting closer to getting a green light from village board members to build a “luxury” car condominium complex with retail and clubhouse space in Gilberts....
Container Store prepares to file for bankruptcy in coming weeks

By Reshmi Basu, Eliza Ronalds-Hannon and Jill R. Shah
Dec 13, 2024 2:12 pm - The Container Store Group Inc. is preparing to file for bankruptcy in the coming weeks following mounting losses and escalating liquidity woes, according to people with knowledge of the plans.
Barnes & Noble to return to downtown Naperville

By Katlyn Smith
Dec 13, 2024 8:56 am - Barnes & Noble is getting a sequel in downtown Naperville.
Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal

By DEE-ANN DURBIN
Dec 11, 2024 8:18 am - Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn't do enough to secure regulatory approval for the $24.6 billion agreement.

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