Elgin Business
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Sears will 'move ahead' with naming rights for Hoffman Estates arena, officials sayOct 15, 2018 1:00 am - Hoffman Estates officials say they believe Sears Holding Corp.'s renewal of its naming-rights agreement for the Sears Centre Arena, approved only a week ago, was done in...
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The Sears bankruptcy is likely to inflict pain on mall owners for yearsOct 15, 2018 1:00 am - As Sears Holdings Corp. goes through bankruptcy, retail landlords wondering how they could be impacted might want to look at a 2015 deal. Mall owner Macerich Co. struck ...
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Sears files for bankruptcy just as things are looking up for U.S. retailOct 15, 2018 1:00 am - A year ago, a Sears bankruptcy would have fit better into the U.S. retail narrative, given the steady decline of shopping malls and foundering chains. Today, however, wi...
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Sears files for bankruptcyOct 14, 2018 1:00 am - Sears, the one-time titan of American retail, filed for bankruptcy ahead of a $134 million debt payment due Monday and announced that it will close 142 stores. For years...
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Billionaire's Sears fiasco is finally nearing its endOct 12, 2018 1:00 am - Bit by bit, the smart money deserted Edward Lampert. Michael Dell, David Geffen, George Soros, the Ziff brothers - by 2012, all of them, and many more, had peeled away. ...
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Dream Hall files lawsuit to evict Elgin TaproomOct 12, 2018 1:00 am - The owners of Dream Hall in downtown Elgin filed a lawsuit to evict one of their tenants, Elgin Area Taproom, whose owner said he stopped paying rent because the terms o...
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With few seeing second act for Sears, company shares routedOct 11, 2018 1:00 am - NEW YORK (AP) - Sears was being pummeled before the opening bell on a report that banks are pushing the 130-year-old retailer to liquidate. The report Thursday in The Wa...
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Elgin Symphony Orchestra brings excellence, community service to suburbsOct 10, 2018 1:00 am - How does a company choose one community over another when deciding to build, expand or relocate? There are innumerable factors that goes into these decisions. Among the...
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Sears could finally be nearing bankruptcy after years of declineOct 10, 2018 1:00 am - Sears, the struggling department store chain and former iconic American retailer, has reportedly hired an advisory firm to prepare a bankruptcy filing. The filing could ...
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Hoffman Estates renews naming rights for Sears CentreOct 09, 2018 1:00 am - Hoffman Estates village board members Monday unanimously approved a new three-year, $1.8 million naming-rights agreement with Sears Holdings Corp. to retain the original...