Business

Monica Eng
Nov 23, 2022 - Business

Global pop-up shops come to Mag Mile

Photo of the front of a store.

Photo: Monica Eng/Axios

Three groovy international pop-up shops are filling previously empty North Michigan Avenue storefronts, perking up the shopping district for the holidays.

Why it matters: The Magnificent Mile lost big stores like Macy's, Gap, and Uniqlo last year, leaving nearly 30% of the shopping district vacant.

Illinois company makes finals of Prince William's climate contest

Photo of people in labcoats staring at wires.
A laboratory in LanzaTech’s R&D center dedicated to fermentation process optimization. Photo courtesy of LanzaTech

Prince William of Wales launched the Earthshot Prize Awards last year, an international contest to fund the world's most promising projects in five categories: "protect and restore nature, clean our air, revive our oceans, build a waste-free world, and fix our climate."

Driving the news: Skokie-based LanzaTech was recently named the only American finalist in this year's competition.

Chicago Reader fallout from the Hideout investigation

Photo of the front of a bar.

The Hideout in 2020. Photo: Barry Brecheisen/Getty Images

The Chicago Reader cut ties with freelance writer John Greenfield last week after he published a story exploring online allegations of a toxic workplace at The Hideout.

  • Based on accounts of anonymous sources, Greenfield's self-published story on Medium criticized some current and former Reader writers for their coverage and online comments on the issue.
John Frank
Nov 10, 2022 - Food and Drink

Goose Island Proprietor's Bourbon County is one crazy (good?) beer

PROPRIETOR’S BOURBON COUNTY STOUT

Proprietor's Bourbon County Stout 2022. Photo: Courtesy of Goose Island

Chicago, get ready for one of the most bananas Bourbon County Brand Stout (BCBS) that Goose Island has ever produced.

Why it matters: BCBS revolutionized craft brewing when it was introduced in 1992, and even though the brewery is now owned by giant Anheuser-Busch, it remains one of the most coveted and refined beers of its kind.

Chicago's October radio ratings show politics fading

Arrow plot showing changes in Chicago-area radio Nielsen ratings from September to October 2022 for the top 10 stations. Data: Radio Online; Chart: Tory Lysik/Axios Visuals

October ratings show Chicago radio listeners aren't interested in hearing about the midterms.

Driving the news: The Drive (WDRV-FM) held the top spot again this month, although it lost ground to WLIT-FM (The Lite).

Chicago may lose its printing press

photo of a stack of newspapers coming off printing press.

Bundles of Chicago Tribune newspapers come off the press at the Freedom Center. Photo: Nuccio DiNuzzo/Chicago Tribune/Tribune News Service via Getty Images

Bally's is moving forward with its plans to build a casino by buying the Tribune's Freedom Center production plant along the Chicago River in West Town.

  • The sprawling 30-acre site will house the new casino, a hotel and an entertainment district by its expected opening in 2026.

The future of Chicago's grocery stores

Data: Chain Store Guides, LLC; Chart: Axios Visuals
Data: Chain Store Guides, LLC; Chart: Axios Visuals

The $24.6 billion merger between grocery giants Kroger (which owns Mariano's and some smaller chains) and Albertsons (Jewel) could have serious repercussions for the area.

Why it matters: The merger could affect about 250 local grocery stores if approved and shines a light on how unique our market is nationally.

Monica Eng
Oct 13, 2022 - Business

Downtown Chicago struggling with low Friday foot traffic

Empty outdoor patio

A River North restauarnt on a recent Friday. Photo: Justin Kaufmann/Axios

👋 Hey, Monica here. Last Friday I ventured downtown and learned that the rumors are true.

  • Traffic is easy, street parking is plentiful, and you can eat lunch pretty much anywhere without a reservation.
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