Hoffmann Family of Companies acquired Oberweis Dairy for over $20 million in a bankruptcy auction, planning to invest and expand the business while keeping existing operations intact.

Barnes & Noble opens a new Lincoln Park store in Chicago with a ribbon-cutting ceremony and future plans for more stores, including one in the former Walgreens building in Wicker Park.

Cook County has launched a $3.6 million grant program to support social-equity cannabis businesses, with different funding amounts available based on business type.

North Lawndale building set for a $40.5 million redevelopment after receiving $10 million in TIF approval, expected to create 175 jobs and energize the local economy.

Chicago City Council has voted to give local aldermen control over the approval of downtown marijuana dispensary sites, bypassing the Zoning Board of Appeals.

Chicago startup Workbox is taking over WeWork's space in Fulton Market, aiming to serve early-stage companies with office space and additional services. WeWork is reducing its locations under bankruptcy proceedings.

Howard Brown Health in Chicago will close two clinics due to a $6.5 million budget deficit, with staff considered for other roles and patient care continuity efforts in place.

Wayfair opens its first physical store in a Chicago suburb, featuring 80,000 items, a design center, and an on-site restaurant, aiming to provide a comprehensive home shopping experience.

Chicago Tribune journalists have filed a class-action lawsuit alleging pay discrimination based on race and gender, seeking back pay, damages, and the implementation of equitable salary structures.

Battery tech startup Bedrock Materials chooses Chicago for its R&D base to join the region's vibrant EV ecosystem, backed by the State of Illinois and local talent.

Chicago Mayor Brandon Johnson met with Québec leaders to discuss sustainable investment in the city, focusing on blue and green economies that could benefit from Chicago's location near the Great Lakes.

Macy's is launching new store formats, including a suburban strip mall location and a dual-format concept in Evergreen Park, moving away from traditional malls and catering to changing consumer preferences.

Kraft Heinz is exploring the sale of its Oscar Mayer brand, with estimates suggesting a value of $3-$5 billion. Bank of America and Centerview Partners are seeking buyers.