Industry

Saks Fifth Avenue to close Chicago Mag Mile location

Iconic retailer to shutter 12 stores nationwide amid bankruptcy restructuring

Wiklanski's Bakery moving west to Elmwood Park

Longtime Northwest Side staple plans to relocate this month after news of property demolition

Walgreens Lays Off 469 Illinois Employees After Private Equity Buyout

Layoffs come six months after Sycamore Partners acquired the pharmacy chain for $10 billion.

Affordable Senior Housing Planned for Humboldt Park

Partial demolition permit issued for 1539 N. Pulaski project

Chicago Plan Commission approves Fulton Market high-rise with Downtown-level density

The proposed 29-story tower would bring 347 apartments, including 70 affordable units, to the Fulton Market neighborhood.

25-Story Residential Tower Proposed For City-Owned Site Near Harold Washington Library

The $162.2 million project from DL3 Realty would include 300 mixed-income units and improvements to nearby Pritzker Park.

$100 million Touhy Avenue improvement project breaks ground in Des Plaines

The major reconstruction aims to reduce congestion, improve safety, and promote economic activity in the area.

American Airlines Donates Auxiliary Power Unit to Aviation Institute of Maintenance

Donation provides students with hands-on access to vital aircraft equipment during their studies

Rothschild Warns American Airlines at Greatest Risk from Higher Jet Fuel Prices

Analyst cites U.S.-Iran conflict as driving fuel cost inflation that could hurt airline's earnings outlook.

Farpoint Development, The Landes Group Acquire 175,000 SF Medical Office Building in Chicago Suburb

The acquisition reflects the growing partnership between the two companies to deliver long-term real estate solutions for health systems.

Walgreens Cuts Hundreds of Jobs After Private Equity Buyout

Layoffs follow early cost-cutting measures that raised concerns for workers and patients

AbbVie Investing $380 Million in New Pharmaceutical Plants in North Chicago

The two new facilities will create 300 jobs and are part of the drugmaker's broader $100 billion investment plan in the U.S. over the next decade.

Illinois Lands $40.5M DMG MORI Expansion, Creating 74 Jobs

New advanced manufacturing and R&D facility to be established in Chicago's Goose Island area

Nucor Raises Hot-Rolled Coil Spot Price by $10 Per Ton

Steelmaker also increases price for California Steel Industries joint venture

DGeo Expands Packaging Portfolio With Ardagh Glass Bottles

New UN-certified kits featuring Ardagh glass bottles for shipping and storing chemical liquids