Further evidence that Macy’s strategies are not headed in the successful direction executives hoped, Macy’s North, the division that operates Macy’s in the Midwest, announced Friday the layoff of 271 employees, citing lagging sales. Combined sales for November and December were down 1.1%, while December’s sales were down 7.9%, significantly worse than the anticipated 4 to 7 percent drop over last year. January’s same day sales are expected to dip 4 to 6 percent.
Results tagged “ifchicago”
The CTA may be getting slightly greener (assuming it can get its hands on some green). Yes, our beleagured transit authority is looking to by hybrid buses for its fleet if Springfield works out a funding structure. The diesel/electric buses get an extra 2 miles per gallon, and they're priced to move because the King County Metro System in Seattle didn't exercise its option to by the articulated (read: accordion) buses, plus they'd save the CTA about $7 million a year in lower maintanence and fuel costs. Ron Huberman requested and received the board's approval to negotiate a lease for 150 new hybrid buses for $120 million.
The Chicago Wolves have a chance to advance to the 2007 Calder Cup semi-finals with a win tonight over the Iowa Stars. The winner of the series will face off against the North Division finalist, either the Manitoba Moose or the Hamilton Bulldogs, the Bulldogs lead that series 2-1.
Chicagoist has stated several times that we think whether you like it or not, Chicago has a strong chance of winning the 2016 Olympics. The United States Olympic Committee is expected to select either Chicago or Los Angeles as its representative for the 2016 bid on April 14. The website, aroundtherings.com, feels Chicago has the edge over Los Angeles. Around the Rings performed a review that resulted in a "power index" for each city. Chicago...
You may not have known it, but an exclusive club more than an century old lurks inside a quatrefoil-laden building across from Millennium Park. At least, it will for a few more scant months. The Chicago Athletic Association, located at 12 S. Michigan, is closing its doors in mid-May. Not that those doors were open to just anyone to begin with. With a pedigree claiming Marshall Field, Cyrus McCormick and CAA building architect Henry Ives...
The story of Chicago’s bid for the Olympics thus far (in convenient web-links): In 2005 Maggie Haskins suggested Chicago as the US’ best shot at bringing home the games after New York didn’t get the 2012 bid, by mid 2006 we’re officially in the running, a revised bid this past September, a cool logo in October, and better odds when San Francisco dropped out a month ago. Now, where the rubber meets the road, who’s going to put up the money to make this thing happen?
Our colleagues over at SFist are saying arrivederci to the 2016 Olympics. This afternoon, the San Francisco Olympic Committee formally withdrew its bid for the 2016 Summer Games. Last week, the surprise announcement that the San Francisco 49ers were looking outside of San Francisco for a new stadium brought up concerns about the bid. A major concern for the Bay Area's bid has always been the lack of an Olympic Stadium. With this announcement,...
Daley's little Olympic bid project is actually starting to get real. Back in July, Chicago was selected by the U.S. Olympic Committee as one of the three finalists for the United States bid. Chicago, Los Angeles and San Francisco are being evaluated and in six months the U.S. will decide which city to back for the 2016 Olympics. But this week Daley and the Chicago 2016 Committee, chaired by Patrick Ryan, took a few steps...
If Chicago does score the 2016 Olympics, you can bet we'll have better TV coverage than any of the previous games held elsewhere. That's because Mayor Daley promised yesterday that by that time, "We'll have [cameras on] almost every block." Want fan reaction on Marion Jones' failed steroids test from the corner of Madison and State? Got it. How about a man-on-the-street opinion from the bum in the alley behind the Chipotle on Jackson? Bob Costas, stay in your studio, we already have a close-up shot from there. The Mayor says the video system would be the most sophisticated in the world, so that if something bad happens, at least we can find the tape of it happening three hours later.
If Chicago is a culinary mecca, why is the Taste of Chicago little more than a beer-and-brat fest? Some top Chicago chefs were asked just that.
