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The Business Resource for Suburban Chicago
Thursday, August 21, 2014 12:17 PM
  • Sears 2Q loss widens on sluggish sales
    HOFFMAN ESTATES — Sears Holdings Inc. recorded a hefty second-quarter loss Thursday on another sales slump, raising more concerns about the future of a company that once was a staple of American shopping.
  • Florida firm acquires majority of Golf Mill property for $60 million
    NILES -- The majority of the Golf Mill Shopping Center property in Niles has been sold to Palm Beach, Florida-based Sterling Organization for $60 million, the company announced Wednesday.
  • Roosevelt University leaving most of Schaumburg campus
    SCHAUMBURG -- Roosevelt University will eliminate many of the programs at its Schaumburg campus, relocate numerous faculty members and try to rent out its facilities there as part of a wider effort to focus resources on the school’s main Chicago campus, according to university President Chuck Middleton.
    
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  • CHICAGO --  In looking for ways to woo back some of its top fliers who defected to other carriers following a rocky merger with Continental Airlines, United Airlines is upgrading first class food options and replacing snacks with full meals on some of its shortest flights. 
  • SCHILLER PARK — About 400 people will lose their jobs and a piece of American baking history will shut down when Hostess Brands closes the suburban Chicago bakery where the Twinkie was invented.

     
  • Acco Brands approves $100 million stock buyback
    LAKE ZURICH — Acco Brands Corp.’s board of directors have approved a stock buyback of up to $100 million in shares of its common stock. 
  • Bolingbrook chamber director resigns
    BOLINGBROOK -- The Bolingbrook Area Chamber of Commerce  Executive Director Michael Carpanzano has resigned to pursue a new opportunity in the private sector, the chamber announced Thursday. 
  • The feud over a new Wal-Mart Supercenter proposed for Carpentersville continued this week as East Dundee filed a lawsuit arguing Carpentersville had withheld information in a recent Freedom of Information Act request. 
  • WAUCONDA -- Car shows, a farmers market and an annual music-and-food festival have brought people to downtown Wauconda this summer -- but they've also got some local business owners steaming. 
  • This fall, the word “zebra” won’t only refer to the referees overseeing National Football League games. Lincolnshire-based Zebra Technologies is partnering with the NFL to gather information  for what they call “next gen stats’ for football fans. 
  • Jacqueline Camacho-Ruiz has pushed through many tough obstacles along her path in creating an award-winning public relations and marketing agency in Naperville. 
  • I recently polled a group of salespeople on the part of their job that caused them the most anxiety. They loved making sales calls, however, having to use the phone to initiate them was a monumental issue to them. Making cold calls was the unanimous choice as the behavior they dreaded the most. This has been a consistent message throughout the 20 years I have been training and coaching salespeople. 
  • Mundelein-based agriTech company Z Trim Holdings has promoted Controller John Elo to chief financial officer. 
  • HR Green   has appointed Steven Schwarz. PE, SE as a technical advisor. 
  • Grid Connect, a Naperville-based manufacturer and distributor of embedded networking products, has appointed John Marchiando as vice president of business development. 
Newsmakers' Forum: Managing a Family Business
Lisa Tomscheck, president of Arthur Clesen in Lincolnshire, speaks at the Daily Herald Business Ledger Newsmakers' Forum: Managing a Family Business
Newsmakers' Forum: Managing a Family Business
Lisa Tomscheck, president of Arthur Clesen in Lincolnshire, speaks at the Daily Herald Business Ledger Newsmakers' Forum: Managing a Family Business
Mt. Prospect business owner wins $6.5 million settlement
The owner of Ye Olde Town Inn in downtown Mount Prospect received a $6.5 million settlement from the village after filing a lawsuit in 2008.
Chase employees pack meals for hungry families in Elgin
Roughly 250 Chase Bank employees in Elgin packed 30,000 meals for local families in need.
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