Ralph Foody, who was the gangster in the movies Kevin watches in Home Alone (1990) and Home Alone 2: Lost in New York (1992), is the homeless man who steals the ring and sells it to the pawn shop.
John Hughes' final film as a director. He would continue to work as a screenwriter and producer until his death in 2009.
According to Kelly Lynch, Jim Belushi and John Hughes did not get along and argued constantly. Production was shut down for a while because Belushi refused to come to the set.