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.
Even as Mayor Brandon Johnson has warned of possible mid-year city worker layoffs if revenue estimates in the budget fall short, city employees and workers at the city's sister agencies owe a mountain of outstanding debt to the city.
A barber in Portage Park is creating some epic, custom Chicago Bears haircuts for superfans ahead of Sunday's playoffs game against the Los Angeles Rams.
After both teams rallied in the 4th quarter to win in the Wild Card round of the NFL Playoffs, the Chicago Bears and Los Angeles Rams face off on Sunday in a NFC Divisional Round game at Soldier Field in Chicago.
Homewood-Flossmoor High School was put on hard lockdown Friday afternoon after a gun was brought to the school, officials said.
An Ohio grand jury formally indicted a Chicago man for the murder of his ex-wife and her new husband in their Columbus home in December.
The number of ICE detainees exceeded 70,000 for the first time in the deportation agency's 23-year history, according to internal DHS data obtained by CBS News.
The Justice Department says it also added about 80 more attorneys this week to help review the Epstein files to be released.
The ICE agent involved in the fatal shooting could try to invoke immunity under the Constitution's Supremacy Clause to try to end state criminal prosecution.
President Trump threatened Thursday to invoke the Insurrection Act to quell anti-ICE protests in Minnesota. He previously threatened to do so in Chicago, but never followed through.
Venezuelan opposition leader María Machado previously said she wanted to "share" the prize for removing Nicolás Maduro from power.
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.
As this holiday season nears its end, Illinois Treasurer Alexi Giannoulias issued a warning Tuesday about text scams.
A new report shines a light on electricity shortages that Illinois could face in less than 10 years.
Roughly 1.4 million fewer Americans have signed up for an Affordable Care Act plan as expiring tax breaks drive up premiums.
January is Radon Action Month, and the Cook County Department of Public Health is urging residents to test their homes for radon.
Severe flu season is sending many people to hospital emergency rooms across the country, including in the Chicago area.
Unionized health care workers this week took aim at Northwestern Medicine, saying the health care system needs to hire more people before expanding the emergency room at Northwestern Memorial Hospital.
The Illinois Department of Public Health announced Tuesday that its recommendations for childhood vaccines will not be affected by a change in federal guidelines.
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.
Does the Chicago Bears' dramatic improvement this season, culminating in their first playoff run in five years, change the discussion about where they will build a new stadium?
The Piggery, a popular barbecue restaurant and bar in the northwest corner of Chicago's Lakeview neighborhood, announced Thursday that it is going out of business.
The Lincolnwood Town Center mall in the north Chicago suburb of Lincolnwood has been sold to a developer, the village announced Wednesday.
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."
Chicago Theatre Week brings value-priced tickets for shows from Feb. 5 until Feb. 15 at Chicago's stage venues. Tickets can sell for $30, $15, or even less.
Isiah Whitlock Jr. is perhaps best known for his role as state Sen. R. Clayton "Clay" Davis on HBO's "The Wire."
A die-hard Chicago Bears fan in Sycamore, Illinoi, has decked out his entire home in tribute to the team as Bears fever catches fire.
Scientists have wanted to study Leonardo da Vinci to see if his genetics hold the key to his genius for years. But there's a catch: Over 500 years since he died, his DNA has been impossible to find. He had no children, his grave was destroyed during the French Revolution, and while his bones were rumors to have been reburied, that's never been verified. Now scientists think the key may be in his art itself.
If you ever wanted to live like the Fresh Prince, here's your chance. The iconic mansion from "Fresh Prince of Bel-Air" (which is actually in Brentwood) is hitting the market for the first time in 48 years.
Illinois Secretary of State Alexi Giannoulias is warning residents after an uptick in DMV text scams claiming to enforce a January 17 deadline.
The number of detainees in ICE custody reached a new record high, surpassing 70,000 for the first time in the agency's 23-year history, according to internal Homeland Security data obtained by CBS News.
Even as Mayor Brandon Johnson has warned of possible mid-year city worker layoffs if revenue estimates in the budget fall short, city employees and workers at the city's sister agencies owe a mountain of outstanding debt to the city.
An Ohio grand jury formally indicted a Chicago man for the murder of his ex-wife and her new husband in their Columbus home in December.
Homewood-Flossmoor High School is on hard lockdown Friday afternoon after a gun was brought to the school, officials said.
There is a new push in northwest suburban Arlington Heights to keep the Chicago Bears in the state and get their new stadium built on the property they purchased in 2023.
A barber in Portage Park is creating some epic, custom Chicago Bears haircuts for superfans ahead of Sunday's playoffs game against the Los Angeles Rams.
Even as Mayor Brandon Johnson has warned of possible mid-year city worker layoffs if revenue estimates in the budget fall short, city employees and workers at the city's sister agencies owe a mountain of outstanding debt to the city.
Lead-based paint was banned for serious health reasons in 1978, but most homes built before then remain covered in it.
Fire department officials in Chicago's western suburbs said drone technology has been helping keep firefighters safe and make a major impact on public safety.
With the stores becoming a common target for thieves, some of the stores in the Chicago area are taking new steps to fight back.
As thousands of people are expected downtown for New Year's Eve celebrations, Mayor Johnson, the Chicago police, and the Office of Emergency Management and Communications are trying to get out ahead of any safety concerns.
After both teams rallied in the 4th quarter to win in the Wild Card round of the NFL Playoffs, the Chicago Bears and Los Angeles Rams face off on Sunday in a NFC Divisional Round game at Soldier Field in Chicago.
As officials in Arlington Heights on Friday renewed their pitch to lure the Chicago Bears to the northwest suburbs, leaders in Gary, Indiana offered three potential sites to move the Bears across state lines.
Mikael Backlund and Yegor Sharangovich each had a goal and an assist as the Calgary Flames beat the Chicago Blackhawks 3-1.
The Bears will welcome the Rams to Soldier Field on Sunday with temperatures in the teens and wind chills in the single digits.
After signing the third-richest contract in Chicago Cubs history and changing his jersey number to No. 3, third baseman Alex Bregman said his biggest priorities are his family and winning a third World Series championship.
Chicago police have issued a community alert on a string of burglaries this week targeting businesses from the north lakefront to the Southwest Side.
Burglars broke into a bar in Chicago's Rogers Park neighborhood early Thursday morning.
A teen stood charged Thursday with shooting a young woman in the mouth in Chicago's South Shore neighborhood earlier this week.
A man is dead, and two others were injured after a shooting in Chicago's Morgan Park neighborhood.
Federal prosecutors announced Wednesday that they have charged a registered nurse to giving counterfeit Ozempic to patients in Chicago.
