Chicago’s mayoral-elect Brandon Johnson will take office amid rising crime, a sky-high tax burden, and a deteriorating business climate.
In 2022, three major companies – Boeing, Tyson, and Citadel – moved their corporate headquarters’ out of Chicago.
Johnson, whose candidacy was heavily financed by the politically militant Chicago Teachers Union, will be forced to make tough decisions as mayor.
Will he roll back his radically progressive agenda to accommodate the economic realities facing the city – or will he double-down at the insistence of his CTU backers, and risk plunging Chicago further into chaos?
The Illinois Policy Institute’s director of economic and fiscal research, Bryce Hill, joined @FoxBusiness’s Varney & Co. to explain what Chicagoans – and the rest of the nation – could expect.
#chicago #politics #economy
More info on HALF of Chicago’s Walmart Stores Just Closed (Here’s Why)
Walmart dominates the retail field in SNAP grocery market share
Low-price food chains feel bigger bite from loss of Emergency Allotment dollars, Numerator SNAP Shopper Scorecard shows.
Walmart will be closing 23 stores this year; here’s a list
Walmart will be closing more stores in 2023, with the number now reaching 23 locations in 12 states and Washington, D.C. The retailer cited financial losses as the reason it closed four stores in the ...
Walmart is closing 20 stores in 2023: Here’s the full list
STATEN ISLAND, N.Y. – Walmart announced in late April it plans to close 20 of its stores across 12 states and Washington, D.C., in 2023, expanding upon its original plans to close 15 stores. According ...
Target Might Close Stores Because Of This Rampant Problem
Cornell, though, drew a direct link between crime and closing stores. On top of that, Target threw in specific financial consequences from crime: $500 million loss in profits this year, following a ...
Help for Chicagoans adjusting to life after prison, Exelon pays legal bills in ComEd trial and more in your Chicago news roundup
In Illinois, around 40% of people leaving prison wind up back inside within three years, according to a 2019 study by the Metropolitan Planning Council, a Chicago-based nonprofit.
Thousands of items from closed Walmart store in Atlanta up for grabs at auction
The store was then temporarily closed, but Walmart decided to permanently close it. The Vine City Walmart was also set on fire back in December just days apart from the Howell Mill fire.
As Walmart pulls back, businesses and neighborhoods need to talk
But losses mounted, Walmart said, and it warned its four remaining Chicago stores are unprofitable but perhaps still can be saved. The attempt at candor just left some wondering why the retailer ...
These six Walmart stores have closed down for good this weekend: Retail giant shuts 20 'underperforming' brick and mortar locations - so has your city been affected?
Six Walmart stores closed their doors over the weekend ... Earlier this month the chain announced it was shuttering half of its Chicago stores where it was losing millions each year to year ...
But Bruno said shoplifting was probably a minor reason why Walmart closed ... here with Walmart closing Chicago stores,” said Sadler. “I think it’s more going on with Walmart than just ...
Letters: The role of ‘shrinkage’ in the closing of Walmart stores in Chicago
in Chicago on April 13, 2023. The store is one of several in Chicago scheduled to be closed ... Walmart closings in the city. I have my own thoughts, but has anyone asked Walmart why?
Walmart closes half of its Chicago stores, signaling urban struggles
Walmart attributed the closures in Chicago to ... The stores being closed “lose tens of millions of dollars a year, and their annual losses nearly doubled in just the last five years,” the ...
Walmart shutting down Chicago stores due to crime: Watch now with Tim Constantine
Walmart is shutting down four stores in Chicago as they bleed money. Read more HERE A county in Texas may close its public library system after a federal judge ruled a children’s book ban ...