Monday, August 3, 2009

2 Businesses to Close; 1 Just Opened on South Wabash

The city has been working on repaving South Wabash for awhile, but that doesn't look like it's going to be enough to save two local South Loop businesses. Last week the Chicago Journal reported that Prarie Avenue Books will close in September unless a buyer emerges. The book store is one of a kind but seems to be running into stiff competition from discounted books online (among other personal considerations by the owners).

Today, the Chicago Tribune reports that Sam's Wines will be closing their recently opened mega store at the corner of Roosevelt and Wabash. In our opinion this store is beautiful and every time we've been it actually seemed pretty busy. CEO, Richard DiStasio claims that the closing is:
"Due to the slower than anticipated development of the South Loop area, we were forced to cease operations at that location,"
Not sure we believe that, but that's besides the point. Sam's has been having some issues from a corporate standpoint and from what we've recently read the family who created the business sold out. Regardless, this is probably good news for some of the local wine stores like Wine Styles and South Loop Wine Cellar.

Finally, Dairy Queen just opened up on the northwest corner of Congress and Wabash. Although we really like dilly bars, we're not that excited about this one.

(Hat Tip: JC)