Business Briefing: Verizon to reopen Fairview Heights store

Verizon Wireless is reopening its store in Fairview Heights on Thursday, but this time the store will be more than a showroom for cellphones.

The store at 9502 N. Illinois St. closed in March and temporarily relocated to an adjacent shopping center. The store will open Thursday at 10 a.m.

The wireless company is opening what it is calling a “smart store,” which will provide local consumers an opportunity to test phones, gaming, fitness and home security systems.

***

A new survey finds that the Midwest can expect a slowdown in economic growth and hiring. Approximately four of 10 companies surveyed expected to hire additional workers sometime during the rest of this year. Read more here.

***

GM has halted production at its lone plant in Russia. The automaker said the move was made as the company is restructuring. The Russian plant opened in 2008 at a cost of $300 million and has a 70,000-vehicle capacity. Learn more here.

***

The Chicago Board of Trade reports grain futures are lower in early trading Wednesday. Find out more here.

— Will Buss, BND business writer

This story was originally published July 1, 2015 at 12:14 PM with the headline "Business Briefing: Verizon to reopen Fairview Heights store."