Record day of revenue point to comeback on Chicago’s Magnificent Mile – CBS2 (Chicago)

According to The Magnificent Mile Association, a record $31.7 million in revenue was set in November on a single day, coinciding with the Magnificent Mile Lights Festival. And though smash-and-grabs are spiking, thefts on the Mile are down overall. Through November, there have been 542 thefts; last year, there were 595. Pre-pandemic, there were 1,095 retail thefts on the Mag Mile in 2017, and 1,083 in 2018.
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Dorf
2 years ago

I would like to know what the businesses losses are from robberies and theft. Are those a record too?

JackBolly
2 years ago

My CEO claimed that the gains from double-digit YoY price increases was a sign his strategy was working. This silly thinking that inflations is a sign of success is all over the place.

Ex Illini
2 years ago

Yeah okay. Brought to you by the people desperate to keep the Mug Mile going, and CBS News which must stand for Complete Bull Sh!t.

fed up neighbor
2 years ago

Who’s bull crapping who!

Ataraxis
2 years ago

Now adjust those numbers for inflation and subtract the loss of shoplifted goods and increased security. Nice try, Mag Mile Association.

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