CBS 2 has tracked a nearly 30% vacancy rate along the Magnificent Mile. An expert says lost sales tax revenue hurts everyone.
A group of men in gloves and full face masks ransacked the Prada store in the middle of a busy day in Chicago's prime shopping district on Sunday.
Police said a group of at least six sped off towards Michigan Avenue in the stolen Camry, making off with thousands of dollars in merchandise.Retail experts said crimes like this one are making a bigger impact than you think. "So for example, if someone steals something in Cook County, and fences it in DuPage County, or stores it in Lake County, and one of those prosecutors comes across that crime, they can charge for the entire crime scheme. They essentially own it, if you will," Karr said."It takes time to put these things in place," he said.
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