Business

Business news

A dozen department stores across northern Illinois and southern Wisconsin -- including the Bergners store at CherryVale -- may be closing soon following a federal bankruptcy auction held Tuesday.

A group of lienholders and two capital finance firms proffered the winning bid for the assets of The Bon-Ton Stores, Inc., which operates roughly 250 stores under the names in 23 states in the Midwest, upper Great Plains, and the Northeast.

Chase Cavanaugh/WNIJ

The president and CEO of Intersect Illinois spoke with members of the DeKalb County Economic Development Corporation Thursday about how to bring new companies and projects to the state.

Intersect Illinois was established as the state's economic development organization in 2016. It works to entice companies into setting up shop in Illinois.

All companies need to find competent workers to fill their job openings. But sometimes, candidates don’t have adequate training or even an interest in taking the positions. A Rockford-area program is trying to help the local manufacturing sector solve both problems.

When Illinois companies complain that they can’t find new hires, a common explanation is that qualified workers have moved to neighboring states.

Chase Cavanaugh/WNIJ

Whether it's Steve Jobs building a computer in his garage or Hector Boyardee cooking pasta at the Plaza Hotel, many American brands and businesses start from humble origins.  Current start-ups seek to replicate that success, but they don't do it alone.

In this Friday Forum, WNIJ's Chase Cavanaugh discusses the groups that help northern Illinois small businesses get started.

Rock Falls Chamber of Commerce

The Rock Falls Chamber of Commerce is creating what it calls “collectives” – business people with specialized needs who gather to learn and share pertinent information as well as connect with like-minded peers and the community.   

Bethany Bland, President and CEO of the Chamber, said the collectives are a response to a trend she and other staff were seeing.

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