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Working Lunch Wednesday, June 25, 2025 | | |
| | | | | It's lunchtime, Chicago. Six months after a failed merger with Albertsons ended the prospects of an arranged marriage with Jewel, Mariano’s is closing three suburban Chicago grocery stores as part of a broader cost-cutting initiative by
parent company Kroger. The stores, in Buffalo Grove, Glenview and Bloomingdale, are set to shutter in August, reducing Mariano’s 44-store retail footprint by 7%, the company confirmed Tuesday. Meanwhile, Advocate Health Care can proceed with a plan to replace Advocate Trinity Hospital with a new, much smaller hospital on the South Side of Chicago, state regulators decided Tuesday, after more than a dozen community members and leaders spoke out in support of the project. Read that story and more in today's Working Lunch. Top business stories | Real estate | Transportation | | | | At the same time, Mariano’s is remodeling a number of stores in the 15-year-old chain, whose future seemed uncertain just last year. | | | | | Some Illinois Health Facilities and Services Review Board members expressed concern about the new hospital’s smaller size. | | | | | Krispy Kreme said demand for its doughnuts at McDonald’s wasn’t strong enough to recoup its costs. | | | | | Several sponsoring aldermen who say they misunderstood the ordinance at first are now backing away from it. | | | | | The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Powell said Tuesday, a stance directly at odds with the president’s calls for immediate cuts. | | | | | Trump’s shifting stances on trade and tariffs have upended the planning of many companies that provide parts and equipment to big automakers. | | | |
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