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Time Out Market Closes Chicago, Boston Amid Rising Costs

1/16/2026

40 9 Full Breakdown

Summary

Story summary

Time Out Market will close its Chicago and Boston locations by January 23 due to decreased foot traffic and rising costs.
The Chicago market spans 50,000 square feet, and the Boston market covers 27,000 square feet.
Time Out Market plans new markets in Vancouver, Abu Dhabi, Riyadh, and Prague, and CEO Michael Marlay attributes inconsistent footfall to hybrid work.

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Story summary

Time Out Market will close its Chicago and Boston locations by January 23 due to decreased foot traffic and rising costs.
The Chicago market spans 50,000 square feet, and the Boston market covers 27,000 square feet.
Time Out Market plans new markets in Vancouver, Abu Dhabi, Riyadh, and Prague, and CEO Michael Marlay attributes inconsistent footfall to hybrid work.