Claire's, jewelry store chain for teens, closing 290 locations amid bankruptcy
Accessories retailer Claire's just revealed a list of hundreds of stores it will close as part of its Chapter 11 bankruptcy proceedings.
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Accessories retailer Claire's just revealed a list of hundreds of stores it will close as part of its Chapter 11 bankruptcy proceedings.
In a court filing this week, the Hoffman Estates-based retailer listed more than 290 stores it plans to close.
The popular global jewelry retailer will be selling most of its business in North America to the private equity firm Ames Watson.
CBS News Chicago started investigating Gast Monuments after multiple families told us it never delivered the headstones they paid for.
Fabric and crafts retailer Joann has announced it will be closing approximately 500 stores nationwide, almost a year after filing for bankruptcy.
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.
Toys "R" Us opened a new standalone store in the Chicago suburb of Norridge, a surprising turnaround for the company that filed for bankruptcy in 2017.
The company, known for its plastic food storage containers, announced the filing in a statement. Chapter 11 bankruptcy allows companies to solve financial problems by restructuring. The company was founded in 1946.
Seafood chain declared bankruptcy in May after struggling with slowing growth and mounting competition.
Dolton, Illinois' acting police chief appeared before a federal judge and pleaded not guilty on Thursday to multiple charges of bankruptcy fraud and perjury, among others.
Federal prosecutors said Lacey lied about his income in bankruptcy statements in order to halt enforcement of a settlement order in a lawsuit filed against him.
The Winnetka-based private equity firm Osprey Capital submitted the winning bid at the bankruptcy auction Wednesday morning.
The bids come from Dutch Farms and the private equity firm Hoffman Family Companies, who said they will make a competitive offer.
The company announced Tuesday that it received a stalking horse bid to purchase its operating assets.
Express will be closing stores soon in the Loop, Lincoln Park, Lincolnwood, and Merrillville, Indiana.
Dolton Village Manager Keith Freeman has been accused of falsifying his income in a bankruptcy filing, and faces up to five years in prison if convicted.
Oberweis listed more than $4 million in unsecured debt to its top 20 creditors, including more than $770,000 to an Illinois trucking company, and more than $173,000 to the Cook County Treasurer's office, which collects property taxes.
Robert Crimo Jr. reported debts of more than $1.6 million to at least 50 creditors, not including the mortgage on his home, for which his bank already has foreclosed.
Purdue Pharma has pleaded guilty twice to federal criminal charges relating to its marketing of oxycontin.
WeWork sought to transform the office space industry. Now the company is seeking Chapter 11 bankruptcy protection.
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
We have introduced you to a number of Window Depot of Chicago customers who say they company took deposits for repair jobs – but never did the work. CBS 2's Charlie De Mar has the story of another customer, and what the company's former owner said in Bankruptcy Court.
Party City filed for bankruptcy protection Tuesday after years of losses and weak sales.
Less than a week after we told you about the financial struggles at Lincolnwood Town Center, the suburban mall's parent company has filed for bankruptcy.
Mercy filed last month for Chapter 11 bankruptcy with plans to close in May, citing operating losses of $7 million per month.
Illinois had more tornadoes than any other state in the U.S. last year. As the climate warms, Illinois has seen a surge in tornado activity in the last few years.
One week after a Joliet sign-making business burned down, the owner was personally delivering orders to his customers until he can rebuild.
A burglary crew smashed into a restaurant in Chicago's southwest suburbs, leaving the owner cleaning up a big and frustrating mess.
Caleb Williams certainly had plenty of big throws to celebrate in 2025, but it wasn't hard to pick his most memorable one after he launched a 46-yard touchdown pass to DJ Moore to beat the Packers in overtime in Week 16.
Brandon Ingram scored 33 points, Immanuel Quickley had 24 and the Toronto Raptors beat the new-look Chicago Bulls 123-107.
As immigration sweeps expand nationwide, the work of justifying detentions is overwhelming federal prosecutors, who are being forced to sideline a range of other cases in order to keep pace.
Marimar Martinez, the Chicago woman shot five times by a Border Patrol agent in October, plans to attend President Trump's State of the Union address to Congress later this month, according to her attorney.
As Jesse Jackson Jr. campaigns for his old U.S. House seat at Chicago-area churches, banquet halls and on Black radio shows, he often takes a moment to address the obvious matter hanging over his political comeback.
Illinois early voting for the 2026 primary begins for most counties in early February. Find out what your early voting dates are and where you can go cast a ballot below.
Chicago Ald. Daniel La Spata (1st) wants to hear from anyone who has strong feelings about food delivery robots.
This week marks Identity Theft Awareness Week, and Illinois Comptroller Susana Mendoza emphasized some safety tips Monday for avoiding and dealing with identity theft.
A controversial data center in Naperville, Illinois, could be the cause to pack a city council meeting there on Tuesday night.
Police in the west Chicago suburb of Geneva are warning of a scam involving spoofed phone numbers.
Protesters on Tuesday were cranking up the heat on Peoples Gas over a recently proposed rate hike that would add an additional $10 to $11 a month to utility bills.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Ann & Robert H. Lurie Children's Hospital announced this week that it is planning to open a new pediatric hospital in the west Chicago suburb of Downers Grove.
It has been nearly six years since the start of the COVID-19 pandemic, and one of the many questions doctors are still working to answer concerns the long-term effects.
Leaders from Cook County, the Illinois Department of Human Services, and the Greater Chicago Food Depository denounced changes to the Supplemental Nutrition Assistance Program on Wednesday.
The University of Chicago Medicine Comprehensive Cancer Center has received a grant from The Ralph Lauren Corporate Foundation for a new cancer center.
Chicago's Lurie Children's Hospital said Tuesday that it is no longer initiating gender-affirming medical treatment for minors.
A Near West Side diner known for drawing in Blackhawks fans and players is up for sale.
January may be the coldest time of the year, but Chicago is already looking forward to summer farmers' markets.
A development proposal issued this month calls for the replacement of a building housing a Giordiano's pizzeria in Chicago's Lakeview neighborhood with a new mixed-use building with 28 residential units.
United Airlines flight attendants picketed outside Chicago's Willis Tower Thursday morning as they fought for a new contract.
WSCR-AM, 670 The Score, will begin a simulcast on 104.3 FM next month.
The members of Ratboys were teenagers when they met by chance, and now in their 30s, the Chicago band formed by two college friends almost two decades ago appears to be on the brink of something big.
Chuck Negron, a founding member of Three Dog Night whose lead vocals powered a string of hits for one of the top rock acts of the late 1960s and early '70s has died. He was 83.
Bad Bunny used his Grammy acceptance speech on Sunday to denounce U.S. Immigration and Customs Enforcement and call for the end of the ongoing immigration crackdown.
The 2026 Grammy Awards recognized the best of the best in music from last year, with big wins for Kendrick Lamar and Bad Bunny. Here's the full list of winners and nominees.
Complete closure of the performing arts center in Washington, D.C., will start on July 4, Mr. Trump said. It's not yet clear how extensive the changes to the building might be.
Meteorologist David Yeomans has the latest First Alert Weather forecast.
Illinois had more tornadoes than any other state in the U.S. last year. As the climate warms, Illinois has seen a surge in tornado activity in the last few years.
One week after a Joliet sign-making business burned down, the owner was personally delivering orders to his customers until he can rebuild.
A burglary crew smashed into a restaurant in Chicago's southwest suburbs, leaving the owner cleaning up a big and frustrating mess.
Investigators believe "Today" show co-host Savannah Guthrie's mom, Nancy Guthrie, is "still out there" as the high-profile search in Arizona continues without a suspect identified in the case.
Marimar Martinez, the Chicago woman shot five times by a Border Patrol agent in October, plans to attend President Trump's State of the Union address to Congress later this month, according to her attorney.
Illinois had more tornadoes than any other state in the U.S. last year. As the climate warms, Illinois has seen a surge in tornado activity in the last few years.
One week after a Joliet sign-making business burned down, the owner was personally delivering orders to his customers until he can rebuild.
A burglary crew smashed into a restaurant in Chicago's southwest suburbs, leaving the owner cleaning up a big and frustrating mess.
Caleb Williams certainly had plenty of big throws to celebrate in 2025, but it wasn't hard to pick his most memorable one after he launched a 46-yard touchdown pass to DJ Moore to beat the Packers in overtime in Week 16.
Cynthia Eason recounted the moment Chicago police officers raided her family's home in 2018.
Water bills could be going up in several Chicago suburbs and other parts of Illinois, as Illinois American Water seeks a rate increase to fund infrastructure improvements.
The case involves a Chicago grandmother, her daughter, and her four grandchildren, who all said that Chicago police officers pointed guns at them during the botched raid.
Former Mayor Rahm Emanuel no longer will have to testify about an alleged "code of silence" at the Chicago Police Department, after a federal judge reversed an earlier ruling that would have allowed him to take the stand in a lawsuit over a botched police raid.
John H. Stroger Jr. Hospital of Cook County, the busiest trauma center in Illinois, is sounding an alarm, as doctors brace for an influx of patients because of federal funding cuts under the Trump administration's "One Big Beautiful Bill Act."
Caleb Williams certainly had plenty of big throws to celebrate in 2025, but it wasn't hard to pick his most memorable one after he launched a 46-yard touchdown pass to DJ Moore to beat the Packers in overtime in Week 16.
Brandon Ingram scored 33 points, Immanuel Quickley had 24 and the Toronto Raptors beat the new-look Chicago Bulls 123-107.
Chicago Bears guard Joe Thuney was named the NFL's top offensive lineman of 2025 on Thursday, winning the inaugural Protector of the Year Award.
The Bulls on Thursday sent Ayo Dosunmu and Julian Phillips to the Minnesota Timberwolves in exchange for Rob Dillingham, Leonard Miller and four second-round picks, as first reported by ESPN and The Athletic.
Six players made 3s for Illinois, which shot 17 of 38 from behind the arc and had just two turnovers.
A burglary crew smashed into a restaurant in Chicago's southwest suburbs, leaving the owner cleaning up a big and frustrating mess.
Six months after a well-known charter boat captain was found dead at DuSable Harbor in downtown Chicago, a man has been charged with his murder.
Three people were in custody Thursday afternoon after a Chicago police officer fired at a suspect who ran from a stolen car that had hit a squad car.
Police in Kenosha, Wisconsin on Thursday were investigating a shooting that left one teen dead and another injured, while a third teen suffered a head injury.
Chicago police on Thursday were investigating two attempted burglaries involving ATMs in two city neighborhoods in the early-morning hours.