Fashion Outlets Of Chicago
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Fashion Outlets Of Chicago
Fashion Outlets of Chicago is an enclosed outlet mall located in Rosemont, Illinois, United States. Located within the Chicago metropolitan area, the mall lies east of Interstate 294 and O'Hare International Airport and is adjacent to Rosemont Theatre. Opening on August 1, 2013, the mall is owned by Macerich, and was co-developed by AWE Talisman. Featuring more than 140 stores, the mall was noted for its differences from a regular outlet mall. The mall totals , with anchor stores Bloomingdale's Outlet, Saks Fifth Avenue Off 5th, Forever 21 and Nordstrom Rack along with other retailers such as Gucci and Giorgio Armani. Because of its close proximity to O'Hare International Airport, the mall was self-touted as "the perfect layover destination", and by 2018, 57.6 million tourists had visited the mall. History 2009–2014: Development and opening Plans for a new mall in Rosemont, Illinois, east of Interstate 294, were announced on March 4, 2009, and of land were sold to a joint ...
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Interstate 294
Interstate 294 (I-294) is a tolled auxiliary Interstate Highway in northeastern Illinois. It forms the southern portion of the Tri-State Tollway in Illinois. I-294 runs from South Holland at I-80/ I-94 and Illinois Route 394 (IL 394) to Northbrook at I-94. I-294 is long; are shared with I-80. It serves as a bypass around the city of Chicago. I-294 is also the longest auxiliary route of I-94, at longer than I-494 in Minneapolis–Saint Paul. In addition, the tollway is the longest auxiliary Interstate Highway in Illinois, and it intersects the most primary Interstate Highways at six. Route description I-294 begins at the interchange between I-94, I-80, and IL 394 in Lansing. I-94 splits off toward Chicago while I-80/I-294 heads west as an eight-lane tollway and crosses above a railroad track and Thorn Creek in Thornton. The highway crosses under the Chicago Southland Lincoln Oasis, Chicago Road, another railroad track, and State Street through residential areas. ...
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Chicago Tribune
The ''Chicago Tribune'' is a daily newspaper based in Chicago, Illinois, United States, owned by Tribune Publishing. Founded in 1847, and formerly self-styled as the "World's Greatest Newspaper" (a slogan for which WGN radio and television are named), it remains the most-read daily newspaper in the Chicago metropolitan area and the Great Lakes region. It had the sixth-highest circulation for American newspapers in 2017. In the 1850s, under Joseph Medill, the ''Chicago Tribune'' became closely associated with the Illinois politician Abraham Lincoln, and the Republican Party's progressive wing. In the 20th century under Medill's grandson, Robert R. McCormick, it achieved a reputation as a crusading paper with a decidedly more American-conservative anti-New Deal outlook, and its writing reached other markets through family and corporate relationships at the ''New York Daily News'' and the ''Washington Times-Herald.'' The 1960s saw its corporate parent owner, Tribune Company, rea ...
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WTTW
WTTW (channel 11) is a PBS member television station in Chicago, Illinois, United States. Owned by not-for-profit broadcaster Window to the World Communications, Inc., it is sister to commercial classical music radio station WFMT (98.7 FM). The two stations share studios in the Renée Crown Public Media Center, located at 5400 North Saint Louis Avenue (adjacent to the main campus of Northeastern Illinois University) in the city's North Park neighborhood; its transmitter facility is atop the Willis Tower on South Wacker Drive in the Chicago Loop. WTTW also owns and operates The Chicago Production Center, a video production and editing facility that is operated alongside the three stations. WTTW is one of two PBS member stations serving the Chicago market, alongside Gary, Indiana–licensed WYIN (channel 56). WTTW, along with PBS Wisconsin flagship station WHA-TV in Madison, Wisconsin, serve as default PBS member stations for Rockford as that market does not have a PBS station o ...
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Mass Shooting
There is a lack of consensus on how to define a mass shooting. Most terms define a minimum of three or four victims of gun violence (not including the shooter or in an inner city) in a short period of time, although an Australian study from 2006 required a minimum of five; and added a requirement that the victims actually died as opposed to being shot and injured but not necessarily killed. In the United States, the ''Investigative Assistance for Violent Crimes Act of 2012'' defines mass killings as three or more killings in a single incident, however the Act does not define mass shootings. Media outlets such as CNN and some crime violence research groups such as the Gun Violence Archive define mass shootings as involving "two or more shot (injured or killed) in a single incident, at the same general time and location, not including the shooter". Mother Jones defines mass shootings as indiscriminate rampages killing three or more people, excluding the perpetrator; this definitio ...
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Daily Herald (Arlington Heights, Illinois)
The ''Daily Herald'' is a daily newspaper based in Arlington Heights, Illinois, a suburb of Chicago. The newspaper is distributed in the northern, northwestern and western suburbs of Chicago. It is the namesake of the Daily Herald Media Group, and through it is the leading subsidiary of Paddock Publications. The paper started in 1871 and was independently owned and run by four generations of the Paddock family. In 2018, the Paddock family sold its stake in the paper to its employees through an employee stock ownership plan. Areas of circulation The ''Daily Herald'' serves Cook, DuPage, Kane, Lake, and McHenry counties and has a coverage area of about . It is the third-largest newspaper in Illinois (behind the ''Chicago Tribune'' and ''Chicago Sun-Times''). History The ''Daily Herald'' was founded in 1872 as the ''Cook County Herald''. It was initially tailored to the business needs of the then-rural northwestern portion of Cook County. Hosea C. Paddock, a former teacher, b ...
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Economic Impact Of The COVID-19 Pandemic
The COVID-19 pandemic has had far-reaching economic consequences including the COVID-19 recession, the second largest global recession in recent history, decreased business in the services sector during the COVID-19 lockdowns, the 2020 stock market crash, which included the largest single-week stock market decline since the financial crisis of 2007–2008 and the impact of COVID-19 on financial markets, the 2021–2022 global supply chain crisis, the 2021–2022 inflation surge, shortages related to the COVID-19 pandemic including the 2020–present global chip shortage, panic buying, and price gouging. It led to governments providing an unprecedented amount of stimulus. The pandemic was also a factor in the 2021–2022 global energy crisis and 2022 food crises. Possible instability generated by an outbreak and associated behavioural changes could result in temporary food shortages, price spikes, and disruption to markets. Such price rises would be felt most by vulnera ...
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PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Weste ...
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International Council Of Shopping Centers
The International Council of Shopping Centers, doing business as ICSC, is the global trade association of what it calls the "Marketplaces Industry" (i.e., shopping centers, shopping malls, and all other retail real estate). Founded in 1957, it features more than 70,000 members in over 100 countries, including shopping center owners, developers, managers, marketing specialists, investors, retailers and brokers, as well as academics and public officials. As the global industry trade association, ICSC links with more than 25 national and regional shopping center councils throughout the world. In July 2021, ICSC rebranded itself in terms of its initials alone, and adopted the tagline "Innovating Commerce Serving Communities". Worldwide Relationships ICSC maintains mutually beneficial relationships with national shopping center councils throughout the world. The national and regional councils are: * Argentine Chamber of Shopping Centers (CASC) * Colombian Shopping Centers Associati ...
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Mapic
MAPIC (''Le marché international professionnel de l’implantation commerciale et de la distribution'') is an international retail real estate show held in Cannes, France, each November. Organised by Reed MIDEM, and lasting for 3 days, the event consists of conference sessions, an exhibition area and networking events to help facilitate retail real estate development. Although held in France, participants come from several countries. MAPIC 2021 will take place from 30 Nov-2 Dec. Conferences The event offers conferences and keynote addresses aimed at retail professionals. The programme typically includes topics such as new retail concepts, multichannel strategies, integrating leisure and culture into the shopping experience, investment and expansion in mature and growing markets. Networking at MAPIC Participants have the option to take part in networking sessions, designed to facilitate new business partnerships. One of the formats offered, Speed Matching, is based on the ...
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Shuttle Buses
Public transport bus services are generally based on regular operation of transit buses along a route calling at agreed bus stops according to a published public transport timetable. History of buses Origins While there are indications of experiments with public transport in Paris as early as 1662, there is evidence of a scheduled "bus route" from Market Street in Manchester to Pendleton in Salford UK, started by John Greenwood in 1824. Another claim for the first public transport system for general use originated in Nantes, France, in 1826. Stanislas Baudry, a retired army officer who had built public baths using the surplus heat from his flour mill on the city's edge, set up a short route between the center of town and his baths. The service started on the Place du Commerce, outside the hat shop of a M. Omnès, who displayed the motto ''Omnès Omnibus'' (Latin for "everything for everybody" or "all for all") on his shopfront. When Baudry discovered that passengers w ...
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Anchor Store
In retail, an "anchor tenant", sometimes called an "anchor store", "draw tenant", or "key tenant", is a considerably larger tenant in a shopping mall, often a department store or retail chain. They are typically located at the ends of malls. With their broad appeal, they are intended to attract a significant cross-section of the shopping public to the center. They are often offered steep discounts on rent in exchange for signing long-term leases in order to provide steady cash flows for the mall owners. Some examples of anchor stores in the United States are Macy's, Sears, JCPenney, Nordstrom, Neiman Marcus, Saks Fifth Avenue. Origins When the planned shopping centre format was developed by Victor Gruen in the early to mid-1950s, signing larger department stores was necessary for the financial stability of the projects, and to draw retail traffic that would result in visits to the smaller shops in the centre as well. Anchors generally have their rents heavily discounted, and m ...
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Neiman Marcus
Neiman Marcus Group, Inc. is an American integrated luxury retailer headquartered in Dallas, Texas, which owns Neiman Marcus, Bergdorf Goodman, Horchow, and Last Call. Since September 2021, NMG has been owned by a group of investment companies led by Davidson Kempner Capital Management, Sixth Street Partners and Pacific Investment Management. History 1907–1949 Herbert Marcus Sr., a former buyer with Dallas' Sanger Brothers department store, had left his previous job to found a new business with his sister Carrie Marcus Neiman and her husband, Abraham Lincoln Neiman, then employees of Sanger Brothers competitor A. Harris and Co. In 1907, the trio had $25,000 from the successful sales-promotion firm they had built in Atlanta, Georgia, and two potential investments of funds. Rather than take a chance on an unknown "sugary soda pop business," the three entrepreneurs rejected the fledgling Coca-Cola company and chose instead to return to Dallas to establish a retail busin ...
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