Monday, February 4, 2013
Best Buy Old Orchard officially closed its doors on Sunday.
Best Buy Old Orchard officially closed its doors on Sunday. That leaves a 36,078-square-foot business empty for The Shops at Orchard Place, owners of the now vacant building at the strip mall. “Property taxes are levied on the shopping center are as a whole,” said Skokie’s director of finance Tom Thompson. “Approximately $1.75 million in sales tax [was generated from the shopping center as a whole] in 2012.” Best Buy said that it would be closing 50 of its stores in March. Yet the Old Orchard closing was announced last month. The company’s stock price has also been in a steady decline, from about $23 a share in April to its current price of about $16 a share. What do you think? All that being said, we wanted to know: What do you think …
Monday, January 21, 2013
Minnesota based Best Buy will be closing their Old Orchard location in Skokie, Ill., on Feb. 3. The company has been downsizing due to a volatile stock price, scandal and online competitors such as Amazon.com.
Best Buy Old Orchard, which first opened its doors in 2001, will be closing for good come Feb. 3, according to the Minneapolis St. Paul Business Journal. Some locals may describe the 9625 Skokie Blvd. location as prestigious solely on its location. Just across the street from the electronics giant is Westfield Old Orchard Mall, which alone accounts for about 40 percent of all sales tax revenue generated in Skokie. An employee at Best Buy Old Orchard acknowledged the closing, but asked her name be withheld due to corporate policy. "They just decided to shut us down," the employee told Patch. "Most of the items we have are already marked 10 percent off; we're gearing up to clear inventory, yes." When asked whether the closing meant lost jobs…
Friday, June 1, 2012
The following arrest information was supplied by the Skokie Police Department. It does not indicate a conviction. At Skokie Patch, we update our blotter daily.
Cell Phone Stolen at Library A black Samsung Glaaxy Indulge cell phone was taken from the Skokie Public Library on May 24 at 4:53 p.m. The owner accidentally left the phone on a bench inside the library when she went outside to sit on the grass. After reviewing security tapes, authorities discovered a black male, roughly 12 to 18 years old and weighing 100 to 140 pounds, grab the phone and conceal it in his pant pocket. Attempted Burglary An employee for a business in the 3300 block of Main Street reported an attempted burglary on May 15 at 2:33 a.m. The security alarm was activated and the worker noticed a southwest rear window screen had been opened. The employee had left the business at 8 p.m. Nothing was reported missing. Latin King …
Tuesday, April 17, 2012
Though the chain is closing six Illinois stores, none in the immediate area will be shuttered.
The Best Buy stores in Village Crossing Shopping Center and across from Old Orchard Shopping Center will remain open, even though the chain is closing dozens of stores across the country. Meanwhile the Greenwood and Golf Roads in Niles, as well as the mini Best Buy store inside Super H Mart in Civic Center Plaza, at Waukegan Road and Oakton Street, are also remaining open. The Chicago Tribune reported Best Buy is closing stores in Deerfield, Addison, Chicago and other area locations. USA Today detailed that the chain is closing 50 stores in response to increased competition from online rivals. Get more news. Like Skokie Patch on Facebook