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Business and Money

What you need to know to navigate the economy and your career. Edited by Terry Ponick

sears, sears and roebuck

Sears Roebuck & Co. closes its last store in home state Illinois

HOFFMAN ESTATES (IL) – Sears unravels another link in its national chain of stores closing the last store in its home state of Illinois. Located at the Woodfield Mall in Schaumberg, the store opened up in 1969 when the mall was the largest store under one roof. As of September 17, 2021, there are only ...

Death Spiral States

Death Spiral States update: Where the takers outnumber the makers

ILLINOIS: Almost ten years ago the term “Death Spiral States” began to get tossed around so investors could avoid hot spots around the nation where their money could be at risk. Forbes magazine was one of those resources that identified 11 states of our nation to avoid buying such things as real estate or bonds. ...