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In 2004, Payless announced it would exit the Parade chain and would close 100 Payless Shoe outlets. On August 17, 2007, the company acquired the Stride Rite Corporation and changed its name to Collective Brands, Inc. [ 4 ] [ 5 ] As of 2020, Payless is owned by a group of investors led by Alden Global Capital and Axar Capital Management.
The Magnificent Mile (also The Mag Mile) is a section of Michigan Avenue in Chicago devoted to retail, dining, hotels and tourist attractions. Running from the Chicago River to Oak Street in the Near North Side, [1] the district is located one block east of Rush Street and is the main retail corridor between the Loop and Gold Coast. [2]
The Loop, along with the rest of downtown Chicago, is the second largest commercial business district in the United States after New York City's Midtown Manhattan. Its financial district near LaSalle Street is home to United Airlines, Hyatt Hotels & Resorts, and CME Group's Chicago Board of Trade and Chicago Mercantile Exchange.
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Construction began on Woodfield Mall in October 1969 [9] and the mall opened on September 9, 1971, with 59 stores, growing to 189 stores with 1.9 million retail square feet by 1973, along with a 135-foot (41 m) water tower to supply water to the mall and the nearby village. It was the largest mall in the United States at the time of its opening ...
This page was last edited on 8 March 2021, at 19:02 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...
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