Legendary Restaurant For Sale, Store Closings: IL Business News

ILLINOIS — There's never a dull moment on the Illinois business scene — from bankruptcy news to a new beginning for an iconic local eatery, there's lots to catch up on.

Plus: the story of local entrepreneurs seeing their dreams become reality, new restaurants offering "mouthwatering" food, a major new retail development and a makeover for a longtime local business.

Here's a look at some of Illinois Patch's top business stories for the week:

National Clothing Retailer To Close 4 Stores In Illinois

The Ohio-based company, founded in 1980, filed for bankruptcy last week.

Giant Price Drop For Legendary Restaurant For Sale

It was founded in the 1940s and served the community for decades. Now, after the death of the owner, the iconic restaurant building is for sale — but the possibilities for buyers go beyond plans for a new eatery.

Old School Beauty Parlor Gets Makeover As Flair With Hair

An old-school beauty parlor is getting a second life. The storied Flair, where for 40 years women flocked to for wash and sets, fancy hairstyles and socialize under bullet-shaped hair dryers has been passed down to a new generation.

Little Moments Inspire Big Dream, 'Labor Of Love' For Local Native

"It was a project of blood, sweat of tears because it’s a 200-year-old building," the owner said. "We did a lot of it ourselves. It was truly a labor of love.

'Highly Anticipated' Bison Crossing Development Set To Break Ground

The development will include a Tesla dealership, luxury apartments and commercial outlots. It's a new life for the property, which has sat vacant since 2012.

New Southern Food Restaurant Planned

The former site of a hot dog stand, the southern food eatery is owned by Tony and Abbey Cannon, who run a food truck called Aunt Tina's Sound Bites.

A 'Dream Come True' (Again), As Coffee Bar Gets New Location

"When we first started dating, we always talked about how cool it would be to own a coffeehouse," Rachael Giantomasso said. "It was a pipe dream in the early 2000s. When we got the opportunity to buy (in our hometown), it was a dream come true."

'Mouthwatering Tacos': Business Seeks City Council's OK

"Our menu offers something for everybody, from the mouthwatering tacos to the inconceivable burritos. Our food is made fresh and authentic to guarantee flawlessness and is expertly cooked by our finest chefs."