Let's clear up the myth about the closing of the Joseph A near Park Ridge.
4 months ago on 03/21/2017 at 8:21 AM
17
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Let's clear up the myth about the closing of the Joseph A near Park Ridge. Bank store in Park Ridge. Heavy discounting nationwide cut profits so deeply the stores could not be sustained. Here is an article with details There was nothing Acting Mayor Marty Maloney or the City of Park Ridge could do to reverse this companywide problem resulting in the closing of so many stores. On the josbank. com site there are only three stores left in the Chicago area. http://www.foxbusiness.com/features/2016/03/15/how-to-lose-1-billion-jos-bank-way.html

8 Comments:

4 months ago on 03/21/2017 at 8:59 AM

Facts, not Fiction

4 Likes
4 months ago on 03/21/2017 at 10:40 AM

Last year, they announced they were closing 80 to 90 stores. (The parent, tailored brands, was closing something like 250 stores total. ) But, that doesn't fit the narrative, does it?

3 Likes

4 months ago on 03/21/2017 at 11:26 AM

But then again, I don't see any moves by the city council or the mayor to drive more business into Park Ridge. Let the number of empty stoes continue in the Uptown and South Park area.

1 Likes
4 months ago on 03/21/2017 at 3:44 PM

I feel like things are filling in. It's tough when we aren't a big enough town for huge national retailers but the rents are too high for mom & pop shops. I really don't see the city council being able to convince landlords to lower their rents, though. The retail is finding it's niche. I feel like it is a process—especially after so many years of NIMBY control.

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4 months ago on 03/21/2017 at 3:53 PM

Kathy, you make several good points. Yes, things are filling in. Let's remember years ago when Mayor Ron Wietecha was less than friendly toward small businesses. Recent city administrations especially under Maloney have been business friendly and it has shown positive results. One of our Park Ridge challenges is the size of spaces which are mainly suited for start-ups or owner/operator businesses. There is a high failure rate with these types of operations as opposed to franchises and national chains. It's all a fact of life in Park Ridge.

2 Likes

4 months ago on 03/22/2017 at 4:02 PM

Jamba Juice, just please come to PR!

1 Likes
4 months ago on 03/22/2017 at 9:01 PM

I'd love to see Egg Harbor come to Park Ridge. It surely would be successful here. I's also like to see a great steak house like the old White Star Inn on Milwaukee Ave. in Niles many years ago. It was always jammed and reservations were a premium if you were lucky to get one. just an opinion

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4 months ago on 03/23/2017 at 6:58 AM

Since we are starting to dream big here about potential places to come to PR, can someone PLEASE do something about that triangle section of closed up businesses on Northwest Highway heading north to Oakton (I don't know what to call that section). Where the pizza place just closed down. Can't we just make it a green park something or other? The section of town where I live (by that area) has no park at all within walking distance. Or what about a DOG PARK? Park Ridge is the Doodle/Lab/Golden mini capital of the world (it seems). :-) Big dreams, big dreams.

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