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Geneva committee OKs $131K economic incentive agreement
May 15, 2025 11:16 am - Geneva alderpersons recommended approval of an economic incentive agreement of $131,762 for a developer who proposes to rehabilitate a 113-year-old building for commercial and residential use.
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A rare warning from Walmart during a US trade war: Higher prices are inevitable
May 15, 2025 8:58 am - Walmart, which became the nation's largest retailer by making low prices a priority, has found itself in a place it's rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats. Executives at the $750 billion company told industry analysts Thursday that they are doing everything in their power to absorb the higher costs from tariffs ordered by President Donald Trump. Given the magnitude of the duties, however, the highest since the 1930s, higher prices are unavoidable, and they will hurt Walmart customers already buffeted by inflation over the past three years. Walmart reported strong sales for the first quarter on Thursday, though profits slipped.
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Dick’s Sporting Goods to buy struggling shoe chain Foot Locker for $2.4 billion
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Going, going, almost gone: The demolition of Sears campus in Hoffman Estates is almost doneMay 14, 2025 5:06 pm - The demolition of Sears’ former 2.4 million-square-foot headquarters in Hoffman Estates is entering its final stages.
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180-year-old St. Charles home could be demolished to make way for parking lot
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‘The right balance’: The Greggory brings live-fire cooking, emphasis on hospitality to South BarringtonMay 14, 2025 1:46 pm - A partnership of three veteran restaurateurs more than 25 years in the making has brought The Greggory to South Barrington, offering American classics with Mediterranean influences and an emphasis on service and hospitality.
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‘The claims against me are unfounded’: Huntley Trump store’s eviction trial delayed
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Carpentersville purchases former Kohl’s building at Spring Hill Mall for $2 millionMay 14, 2025 10:11 am - Carpentersville made the last purchase at Spring Hill Mall on Tuesday, agreeing to buy the former Kohl’s building for $2 million.
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Leveraging local: How to build a brand that belongsMay 14, 2025 10:04 am - In a retail and service world filled with Amazon, Costco, Target, Walmart and other massive, multinational companies, there still remains a surprising amount of space for local business.
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Can Pope Leo XIV help flagging White Sox economy? Judging from buzz and jersey sales, yes
May 14, 2025 8:20 am - CHICAGO — Late Tuesday morning, Jose Guzman stopped into Grandstand Sports at 600 W. 35th Street looking for a new White Sox jersey. Guzman, 36, already has plenty in his...