Sign of the Times. Mark Shale Files for Bankruptcy Protection

We are saddened, but not surprised to learn that The Al Baskin Co., family-owned operator of Mark Shale stores, filed for Chapter 11 bankruptcy protection. The 80-year-old Chicago-based retailer, is keeping its three Chicago area full-price stores open as it seeks a buyer for its Chicago operations and Internet business, according to TheChicago Tribune. Mark …

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Presidential Favorite Hartmarx Files Chapter 11

President Barack Obama may heart Hartmarx, but it still hasn't saved the company from falling victim to the bad economy. We know we rarely report on men's fashion…but we are talking the President and a Chicago firm here. According to WWD, late last Friday, the President’s favorite Chicago tailor, and one of the oldest and …

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