Costco

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Mayor proposes tax break for 2nd Chicago Costco

From the Chicago Sun-Times | Mayor Richard Daley is proposing a property tax break to bring a secod Costco to Chicago, this time to the Near South Side at 14th and Ashland Avenue. Daley said the project would create 600 construction jobs, 125 full-time jobs and 125 part-time positions. — in a move that could set a precedent for Wal-Mart and other big-box retailers. Costco currently has a store on Clybourn and Division in Lincoln Park. Get the full story>>

Court allows part of organic-milk case to proceed

A federal appeals court says a group of dairy consumers can proceed with parts of a lawsuit alleging that several national retailers and an organic dairy company falsely labeled the dairy’s milk.

Greenpeace targets Costco’s seafood

Greenpeace launched on Tuesday a Web site accusing Costco Wholesale Corp. of a “lack of transparency” in labeling seafood.

Greenpeace said Costco markets itself as a supporter of sustainable seafood but sells 15 of the 22 seafood species listed “red,”  or at risk of extinction,  by the International Union for the Conservation of Nature and Natural Resources.  Those species include Chilean sea bass and orange roughy. Get the full story »

Kiddieland demolition to begin for new Costco

Demolition is set to begin today at Kiddieland, the longtime Melrose Park amusement park that was purchased by a Costco to make way for a new store.

Officials from the store chain and the village closed on the deal last week. Melrose Park officials say the new store, scheduled to open in November, will generate about two times the annual tax revenue — $500,000 to $600,000 — that the park brought in.