Chicago Retail


The Latest

The former Target in Calumet City will be converted into a working farm (Google Maps)

For latest retail redevelopment, old Target will become new farm

In recent years, developers have repurposed vacant big-box retail stores and dying malls into office complexes and residential properties....

For latest retail redevelopment, old Target will become new farm
Mayor Lori Lightfoot is allowing city restaurants and bars to open for indoor dining — with restrictions — a week ahead of schedule. (Getty)

Order up: Lightfoot to allow indoor dining at restaurants, bars ahead of schedule

Chicago will reopen restaurants and bars for indoor dining with restrictions on Friday, as Mayor Lori Lightfoot moved to...

Order up: Lightfoot to allow indoor dining at restaurants, bars ahead of schedule
A new report in Trepp found delinquency rates have jumped for Chicago area hotels and retailers. From left, Palmer House Hilton and Gurnee Mills mall. (Wikipedia Commons)

Over 30% of Chicago-area hotels with CMBS loans missed May mortgage payments

Chicago’s economy is emerging from the long stay-at-thome order, but for many hotels and retailers with mounting debt, the...

Over 30% of Chicago-area hotels with CMBS loans missed May mortgage payments
The mall at 1610 Deerfield Road in Highland Park is now zoned for residential development (Google Maps, iStock)

Attention, buyers: This fading mall could transform into a resi complex

The coronavirus crisis has turbocharged the retail apocalypse among brick-and-mortar businesses, but one mall owner in Highland Park saw...

Attention, buyers: This fading mall could transform into a resi complex
Mayor Lori Lightfoot said the city may have to raise property taxes to make up for some of the economic losses it sustained from the coronavirus closures

Lightfoot says property tax hike back on table: Blame Covid

The pandemic’s economic punch in the gut to Chicago has pushed the budget shortfall to at least $700 million,...

Lightfoot says property tax hike back on table: Blame Covid
Gov. Pritzker has called on insurers to quickly pay out claims on small businesses whose stores were looted or vandalized during the days of protest. (Getty)

Insurers better act fast to pay looting-related retailer claims: State

In Chicago and across the state, many retailers are still tallying the vandalism and looting their stores sustained, which...

Insurers better act fast to pay looting-related retailer claims: State
Mayor Lori Lightfoot said the city will create a fund to help store owners whose shops were damaged by recent looting. (Getty)

Chicago reopens for business but remains under curfew

Chicago has begun reopening businesses after the coronavirus lockdown, but remains under a 9 p.m. curfew following the George...

Chicago reopens for business but remains under curfew
Mayor Lori Lightfoot and Gov. J.B. Pritzker (Getty)

George Floyd protests, widespread looting call into question city’s reopening

Protests over the police killing of George Floyd that splintered into widespread looting and vandalism of retail stores in...

George Floyd protests, widespread looting call into question city’s reopening
Mayor Lori Lightfoot has detailed plans to reopen offices and real estate services but the specific date remains in question. (Getty, iStock)

Ready, set…Chicago details office, retail, real estate services reopenings. But when?

Under Chicago’s detailed Phase 3 reopening plan, workers would return to real estate services and other office-based jobs that have been closed during the...

Ready, set…Chicago details office, retail, real estate services reopenings. But when?
Gov. J.B. Pritzker’s five-point plan to reopen the state’s economy includes a broader range of businesses in Phase 3. (Credit: Pritzker by Tyler LaRiviere - Pool/Getty Images; iStock)

Pritzker maps out path to broader retail and office reopenings, but it’s long

In Phase 3 of Gov. J.B. Pritzker’s five-phase plan to reopen the state, offices, retailers, barbershops and manufacturing plants...

Pritzker maps out path to broader retail and office reopenings, but it’s long
« Previous Next »

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...