News History & Fun in Michigan
Here are some of our best stories.
From 2000 to 2020, Michigan’s state-backed job programs severely underperformed, delivering only 9% of promised jobs. While billions in subsidies were allocated to businesses, many failed to create any positions, leading to skepticism about the effectiveness and accountability of these initiatives and their political motivations.
Lord & Taylor, the oldest U.S. department store, will relaunch in 2025 after closing in 2021. Acquired by Regal Brands Global, the brand will focus on e-commerce, emphasizing quality home goods and apparel. While avoiding physical stores initially, it explores pop-up concepts, aiming to connect with middle-market consumers amid a competitive retail landscape.
CHI-CHI’S™, the iconic Mexican restaurant chain, is set to reopen in 2025 under the leadership of Michael McDermott, son of co-founder Marno McDermott. The revival, in partnership with Hormel Foods, aims to modernize the dining experience while preserving the restaurant’s classic flavors and nostalgic legacy.
General Motors is selling its stake in the Ultium Cells battery plant in Lansing, Michigan, to LG Energy Solution, enabling LG to gain operational control while GM keeps ownership in the joint venture. This aims to improve efficiency and support GM’s expanding electric vehicle production.
Carlos Tavares has resigned as Stellantis CEO due to strategic disagreements with the board, leading to an interim committee led by John Elkann. The company seeks a permanent replacement by mid-2025, amidst ongoing commitments to its financial guidance and strategic initiatives despite leadership upheaval.
Thumb Bancorp has completed its merger with Freeland State Bank, effective November 15, 2024. This strategic move enhances Thumb Bank & Trust’s services and boosts its assets to approximately $650 million. The merger will improve service offerings for customers while maintaining a commitment to community-driven banking across Michigan.
Jack in the Box Inc. announces the opening of five new locations in Detroit, continuing its Midwest expansion. Partnering with local franchise operators, the fast-food chain aims to capitalize on demand with its diverse menu. This move follows similar projects in West Michigan and Chicago.
EVgo and Meijer team up to bring up to 480 fast-charging stalls to Midwest grocery stores, fueling Michigan’s EV charging hub revolution with a sustainable future in mind. Michigan’s Grocery Stores to Host EV Fast Charging Revolution EVgo Inc., one of …
