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Latest Business News

Carson Pirie Scott to Close Its Doors

Friday, August 25, 2006 3:32:41 PM
By DON BABWIN

Adrianne Miles, 43, of Chicago, left, holds her bag as she waits to cross the street outside Carson Pirie Scott's ornate entrance on State Street in downtown Chicago on Friday, Aug. 25, 2006. The store's owner, York, Pa.-based Bon-Ton Stores Inc., announced Friday that it is closing the historic store in March 2007 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. (AP Photo/Julio Cortez)CHICAGO (AP) - State Street may still be a great street, as the song says. But Friday's news that the Carson Pirie Scott department store was leaving the landmark building it's called home for more than a century was just the latest reminder that it is no longer the same street.

With the owner of the venerable Marshall Field's set to do what generations of Chicagoans thought unthinkable — change the name of the department store in the fall to Macy's — the loss of Carson Pirie Scott is viewed by some as a signal that the area is undergoing tremendous and positive change, and by others as a body blow.

"State Street is gone, as far as I'm concerned." said Robert Ledermann, author of "Chicago's State Street Christmas Parade."


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