Content about Cook County, Illinois

August 30, 2012

Sears Holdings will lose its spot in the S&P 500 after the close of trading on Sept. 4. It will be replaced by chemical maker LyondellBasell (LYB).

August 29, 2012

Sears Hometown and Outlet Stores Inc. will begin trading next week on Nasdaq, Sears Holdings Corp. announced Tuesday.

The price of shares is initially set at $15 for Sears Hometown. 

December 14, 2011

The Hoffman Estates, Ill.-based retail giant thanked lawmakers for passing a tax-incentive plan to keep business in the state.

After researching a possible move to Ohio or Texas, Sears yesterday applauded the Illinois General Assembly for its bipartisan support of legislation that Sears said would allow it to maintain its headquarters in Hoffman Estates, Ill.

November 30, 2011

According to an article in Canadian Business, Sears Canada laid off about 70 employees from its Toronto headquarters.

Sears Canada is 92% owned by Hoffman Estates, Ill.-based Sears Holdings, which reported a widened net loss in its recent third-quarter earnings report. Sears Canada comps declined 7.8% in the third quarter.

 

August 9, 2011

Hoffman Estates, Ill.-based Sears Holdings Corp. is no longer considering Ohio for a possible headquarters move, according to a report from Crain's Chicago Business.

May 11, 2011

Sears Holdings Corp. is researching a possible move of its headquarters and 6,200 jobs out of Illinois, a company spokesman said Monday.

The retailer has had preliminary discussions with the Chicago suburb of Hoffman Estates, where it is located, and has commissioned an economic impact study, according to spokesman Chris Brathwaite.

February 23, 2011

Menards is hoping to expand an existing mega store in Tinley Park, Ill.  according to an article in the TribLocal, adding 110,000-square feet to its 202,000-square foot building and 148,000-square-foot lumberyard. The grand total – 360,000 square feet – would make the store the largest unit in the Midwestern home improvement chain.

February 3, 2011

Sears Holdings appointed Scott Freidheim, a former Lehman Brothers executive, to the position of executive VP, president - Kenmore, Craftsman and DieHard.

The move was described by Sears as "part of the continuing transformation of the company." 

"Scott is a strong leader who will heighten our focus on our Kenmore, Craftsman and Diehard brands," said Bruce Johnson, interim CEO and president of Sears Holdings. "I believe he will be a tremendous asset to this business as we drive new ideas forward."

September 21, 2008

As Menards continues to expand its borders, including into two new states in the United...

September 9, 2008

Trustees said the store is set to close on Nov. 24, leaving the village without...