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The Local Kitchen & Tap in Schaumburg closes after two yearsDec 30, 2024 3:48 pm - The Local Kitchen and Tap restaurant abruptly announced its closure on social media Monday, a little more than two years after it replaced a shuttered Tilted Kilt Pub and Eatery in Schaumburg.
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Make plans for new restaurants coming to the suburbs in 2025Dec 30, 2024 2:37 pm - A new year brings with it the promise of a bevy of new restaurants expected to open in the suburbs in 2025. Here’s a taste of what’s to come, including Vicolo, The Greggory Hearth and Tavern, the suburbs’ first Pizza Ranch and more.
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Geneva’s Niche gets $40K ARPA grant for expansion, renovation
Dec 30, 2024 8:26 am - Niche, at 14 S. Third St., Geneva, is looking to expand into the neighboring space at 12 S. Third St., a currently closed retail space, to create its own boutique to complement the restaurant.
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Geneva’s historic Fargo buildings to get nearly $200K in ARPA funds
Dec 30, 2024 8:24 am - The Geneva City Council approved nearly $200,000 in American Rescue Plan Act funds in three economic incentive agreements with the owner of historic Fargo West State Stre...
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‘It just kind of took off’: Passion for acai bowls leads to successful business for Libertyville nativeDec 30, 2024 8:20 am - Lolo’s Bowls, a family business that has been operating in Libertyville since 2019, recently opened a second location in Lake Zurich.
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Value-seekers drove 2024’s retail trends and dead ends
Dec 30, 2024 8:09 am - Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices.
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Suburban real estate executive buys Michael Jordan’s Highland Park mansionDec 29, 2024 2:55 pm - The buyer of Chicago Bulls legend and NBA Hall of Famer Michael Jordan’s mansion in Highland Park has been revealed: a 42-year-old real estate executive from Lincolnshire.
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How you could benefit from tax-loss selling this year
Dec 29, 2024 5:22 am - Unless your strategy is to buy only U.S. stocks, you may have opportunities to realize tax losses in your portfolio, which you can use to offset gains elsewhere.
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The Biz Week That Was: Auto repair shop closes, referendum on development and more among the highlightsDec 29, 2024 5:22 am - Palatine auto and tire repair shop dating back to 1946 to close at year’s end The vintage brick building conjures memories of classic roadside auto repair shops. The...
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Illinois is better prepared for the next recessionDec 29, 2024 5:15 am - For much of the past two decades, Illinois’ recession preparedness was wholly inadequate. But new research from the Illinois Economic Policy Institute and the Project for Middle Class Renewal at the University of Illinois reveals a major shift compared to where our state was during the last two major economic downturns — the Great Recession and the COVID-19 recession.