The inaugural event will feature sales at local businesses, live musical acts and activities for kids.
The new grocery store has been in the works for over two years.
The festival is held each year in the neighborhood's cobblestone-laiden art corridor of Glenwood Avenue.
The department store is being prepped for redevelopment as mixed use retail and housing.
The Houston-based company opened a store at 5301 N. Clark St. earlier this month.
Thursday's "Damen at Night" will feature food, drinks, shopping, entertainment and more.
The chain beer hall will open a store in the Shops At Roosevelt Collection.
Target is holding two job fairs to hire 75 people for the new store.
"We wanted to take the next step [with a store]. Online, you can only do so much," owner said.
The folks behind the resale shop are consolidating their two Lincoln Park locations into one.
The thefts follow a rash of shoplifters this summer.
Home goods, housewares, tools, jewelry and books are needed for the sale on Sept. 30-Oct. 2.
The grocer will open in spring 2017 offering beignets from Cafe Du Monde in New Orleans.
Local vendors will also display tables stacked with wares for sale.
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