| Feb 7, 2014
Two years after Ace Hardware received a 10-year tax incentive package to keep its headquarters in Oak Brook, the company is back asking for a special tax break.
The 4,700-store cooperative is seeking legal authority to collect the $12.7 million it was...
| Oct 31, 2013
| 5:00 AM
Because of a mixup over an OfficeMax award, one Discovery Middle School teacher won a $1,000 prize package for exceptional teachers earlier this month, but a different teacher was named in the press release. OfficeMax righted the problem by giving a prize...
| Nov 17, 2013
As a corporate executive, Roland Smith is a fixer, repairing beleaguered companies. In his leisure time, he also embraces risk, climbing mountains and riding motorcycles. In the Army, he was a test pilot.
Analysts and merger experts say Smith, 59, may...
| Mar 7, 2014
| 5:52 AM
Illinois employers warned they would lay off more than 1,000 workers in the coming months, according to notices filed with Illinois regulators in February.
Accretive Health warned it would lay off 148 workers. The company said in January the layoffs are...
| Mar 6, 2014
| 7:56 AM
Office supply giant Staples Inc. is planning to close as many as 225 North American stores while slashing annualized costs by up to $500 million by the end of 2015.
The Framingham, Mass., company, which has been pressured by online competitors such as...
| Nov 6, 2013
| 10:57 AM
Falling in line behind the likes of Macy’s, J.C. Penney, OfficeMax, Kmart and more, Staples is joining the horde of retailers opening its doors on Thanksgiving without bothering to wait for Black Friday.
The office supply chain will open on the...
| Nov 1, 2013
| 11:06 AM
The U.S. Federal Trade Commission on Friday gave approval to a proposed $1.2-billion merger of Office Depot Inc. and OfficeMax, concluding that the move won't harm competition.
The Trade Commission, which in 1997 blocked the merger of Office Depot Inc....
| Jan 30, 2014
| 5:24 PM
Moira Hahn, like many consumers, always took it for granted that businesses wanted as much of her personal information as they could get.
She didn't really start thinking about how such practices could come back to bite her until she became one of the...
| Feb 6, 2014
| 6:25 PM
There’s junk mail, and then there’s nasty mail: San Francisco writer Lisa McIntire says Bank of America sent her a credit card offer addressed to "Lisa Is A Slut McIntire," and she posted photos of it on Twitter on Thursday.
BofA tweeted her...
| Feb 6, 2014
| 10:06 PM
There's junk mail, and then there's nasty mail: San Francisco writer Lisa McIntire says Bank of America sent her a credit card offer addressed to "Lisa Is a Slut McIntire," and she posted photos of it Thursday on Twitter.
The bank tweeted her an apology...
| Feb 10, 2014
| 3:30 PM
Illinois employers announced they would lay off more than 500 workers in the coming weeks, according to notices filed with the Illinois Department of Commerce and Economic Opportunity.
Specialty Foods Group Inc., meat manufacturer, said it would...
| Feb 25, 2014
| 4:17 AM
Office supply retailer Office Depot Inc. reported a net loss for the fourth quarter due to charges associated with its acquisition of Naperville-based rival OfficeMax Inc.
The company, which appointed turnaround expert Roland Smith as chief executive in...