So,Who wants to tell Mom,
So, Who is going to tell ma?
Carson Pirie Scott to Close Its Doors (AP) CHICAGO
The owner of the Carson Pirie Scott department store announced Friday that it is closing the historic store because of a drop in sales and rise in operating costs.
The store is located in a building designated a National Historic Landmark and designed by famed architect Louis H. Sullivan in the late 19th century.
In a news release, York, Pa.-based Bon-Ton Stores Inc. said that the store would close in March of next year.
"We are very proud of Carson Pirie Scott's rich tradition in Chicago - a tradition that has prospered for more than 150 years ..." Bud Bergren, Bon-Ton's president and CEO said in a statement. "Unfortunately, this facility is more than 100 years old and no longer supports our efforts to provide quality customer service by giving our customers a modern, fresh shopping experience."
The store was originally built in 1898-1899. There have been additions over the years, including a 12-story south addition in 1905-1906. According to the city's department of planning and development Web site, the store is "one of the most important structures in early modern architecture, famed for its influential modular construction and design."
The 1 million square foot building is owned by Joseph Freed and Associates, which has been renovating it in recent years, including extensive work on the terra cotta facades and the ornate cornice at the corner of State Street and Madison Avenue.
The company said in a news release that after Carson vacates the structure, it plans to convert 250,000 square feet to new retail space on the lower level, first and second floors. The third through seventh floors will offer 350,000 square feet of office, school and entertainment space.
"National and international tenants have expressed interest in leasing this historic property, and now we can pursue these opportunities," said Paul Fitzpatrick, the company's managing director.
Carson Pirie Scott to Close Its Doors (AP) CHICAGO
The owner of the Carson Pirie Scott department store announced Friday that it is closing the historic store because of a drop in sales and rise in operating costs.
The store is located in a building designated a National Historic Landmark and designed by famed architect Louis H. Sullivan in the late 19th century.
In a news release, York, Pa.-based Bon-Ton Stores Inc. said that the store would close in March of next year.
"We are very proud of Carson Pirie Scott's rich tradition in Chicago - a tradition that has prospered for more than 150 years ..." Bud Bergren, Bon-Ton's president and CEO said in a statement. "Unfortunately, this facility is more than 100 years old and no longer supports our efforts to provide quality customer service by giving our customers a modern, fresh shopping experience."
The store was originally built in 1898-1899. There have been additions over the years, including a 12-story south addition in 1905-1906. According to the city's department of planning and development Web site, the store is "one of the most important structures in early modern architecture, famed for its influential modular construction and design."
The 1 million square foot building is owned by Joseph Freed and Associates, which has been renovating it in recent years, including extensive work on the terra cotta facades and the ornate cornice at the corner of State Street and Madison Avenue.
The company said in a news release that after Carson vacates the structure, it plans to convert 250,000 square feet to new retail space on the lower level, first and second floors. The third through seventh floors will offer 350,000 square feet of office, school and entertainment space.
"National and international tenants have expressed interest in leasing this historic property, and now we can pursue these opportunities," said Paul Fitzpatrick, the company's managing director.
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