100 South Mill Avenue

I have heard this morning that Grilled Expedition on Mill Avenue has closed for business. Rumors have swirled downtown about other pending restaurant and retail closures–some just narrowly averted by last-minute negotiations with landlords. At the national level there was this news:

http://cbs2chicago.com/local/bennigans.restaurant.shutdown.2.782428.html

Bennigan’s Restaurants Shut Down Nationwide Independent Franchise Locations Remain Open CHICAGO (CBS) ? Customers showing up for lunch at Bennigan’s restaurants in Chicago and across the country found quite a surprise Tuesday morning, when all the corporate-owned locations had signs on display reading “closed for business.” [B]ennigan’s Grill and Tavern closed all of its corporate-owned locations [about half the entire chain] nationwide after filing for bankruptcy. Independent franchises remain open for business as usual. [C]hapter 7 bankruptcy means the company is being liquidated, as opposed to Chapter 11 bankruptcy, in which a company tries to reorganize and remain in business.