Cubs open their own souvenir shop across street from Wrigley

    Since buying the Chicago Cubs in 2009, the Ricketts family has looked for ways to boost returns on its $845 million investment.

    One example was apparent to Opening Day visitors Thursday at Wrigley Field. Across the street from the main gate at Clark and Addison was a new sports memorabilia shop.

    Called the Cubs Store, it’s owned by the Ricketts family. It replaces a game-day only trailer operation that another retailer operated on a long-term lease.

    The Rickettses bought the property at 3620 N. Clark, which includes a McDonald’s, last year for $20 million. But they had to a settle a lawsuit to get the right to use it.

    Read more.

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    Since buying the Chicago Cubs in 2009, the Ricketts family has looked for ways to boost returns on its $845 million investment.

    One example was apparent to Opening Day visitors Thursday at Wrigley Field. Across the street from the main gate at Clark and Addison was a new sports memorabilia shop.

    Called the Cubs Store, it’s owned by the Ricketts family. It replaces a game-day only trailer operation that another retailer operated on a long-term lease.

    The Rickettses bought the property at 3620 N. Clark, which includes a McDonald’s, last year for $20 million. But they had to a settle a lawsuit to get the right to use it.

    Read more.

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