Hoffman Estates Business
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No light ahead for Sears as third quarter revenue fallsDec 02, 2008 10:00 pm - The outlook for Sears Holding Corp. looked gloomy Tuesday after the suburban retail giant announced a continued drop in sales. Revenue fell 8 percent in the third quarte...
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Sears suffers 3Q loss on weak U.S., Kmart salesDec 01, 2008 10:00 pm - Sears Holdings Corp. posted its biggest quarterly loss since financier Edward Lampert combined Sears and Kmart into one retail company, due mainly to hefty charges relat...
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Barrington dealership takes over closed neighborNov 28, 2008 10:00 pm - Proving that not all economic news is bad these days, an existing auto dealership in Barrington has taken over the product line of a recently closed neighbor. Wickstrom ...
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Black Friday traffic takes down Sears.comNov 28, 2008 10:00 pm - SEATTLE -- Sears.com was inaccessible to U.S. shoppers for two hours on Friday in what was the most notable Web hiccup of the holiday gift-buying season's official start...
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AT&T wins conspiracy verdict, loses contract claimNov 18, 2008 10:00 pm - AT&T Inc. didn't engage in a conspiracy to fix the rate for long-distance surcharges paid by customers, a Kansas jury said, rejecting a $400 million claim. The federal j...
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Down economy buoys suburban coupon Web sitesNov 13, 2008 10:00 pm - Since the economy tanked more than a month ago, Hoffman Estates-based CouponCabin.com has been seeing about a 40 percent increase in online traffic. In fact, traffic has...
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What's happening one year after Neumann Homes bankruptcyNov 12, 2008 10:00 pm - Dirt mounds and partially built houses in Antioch's NeuHaven and Clublands subdivisions are among the reminders of a dubious anniversary. Neumann Homes had finished half...
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Great Indoors in Schaumburg among stores set to closeNov 12, 2008 10:00 pm - Hoffman Estates-based Sears Holding Corp. announced Thursday it will close four "underperforming" Great Indoors stores, including its Schaumburg location. The 150,000-sq...
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Lampert buyback, sales drop drain Sears' cashNov 11, 2008 10:00 pm - Sears Holdings Corp. is entering what may be the worst holiday season in decades with 42 percent less cash on hand than a year earlier, declining cash flow, hard-to- sel...
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Circuit City closing stores; 14 could go in IllinoisNov 02, 2008 10:00 pm - After months of speculation and struggling sales, Circuit City Inc. Monday said it would close 155 stores, including half of its locations in the Chicago area. Company o...