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Archiver's chain closing all stores, including two in Indy

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Archiver’s, a chain of scrapbooking stores with two locations in Indianapolis, is going out of business, the company said in a letter to the state posted Monday.

The closures will cost 21 local employees their jobs.

The local stores, in Southport Commons at 4650 E. Southport Rd., and in Castleton at 5856, E. 82nd St., will liquidate their inventory before closing in mid-February, the company said.

Archiver’s, based in Minnetonka, Minn., has 33 stores in 17 states. The 14-year-old company said it has fewer than 30 employees in its home office and an average of 15 employees at each store.

“Over the past four to five years, the combination of a weak economy and new technology resulted in steady declines in the memory craft business, significantly impacting Archiver’s and many other retailers and vendors in the craft industry,” the company said in a letter posted on its web site. “Despite our best efforts, our stores simply do not generate the sales to support the business.”
 

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  1. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

  2. Andrew hit the nail on the head. AMTRAK provides terrible service and that is why the state has found a contractor to improve the service. More trips, on-time performance, better times, cleanliness and adequate or better restrooms. WI-FI and food service will also be provided. Transit from outlying areas will also be provided. I wouldn't take it the way it is but with the above services and marketing of the service,ridership will improve and more folks will explore Indy and may even want to move here.

  3. They could take the property using eminent domain and save money by not paying the church or building a soccer field and a new driveway. Ctrwd has monthly meetings open to all customers of the district. The meetings are listed and if the customers really cared that much they would show. Ctrwd works hard in every way they can to make sure the customer is put first. Overflows damage the surrounding environment and cost a lot of money every year. There have been many upgrades done through the years to help not send flow to Carmel. Even with the upgrades ctrwd cannot always keep up. I understand how a storage tank could be an eye sore, but has anyone thought to look at other lift stations or storage tanks. Most lift stations are right in the middle of neighborhoods. Some close to schools and soccer fields, and some right in back yards, or at least next to a back yard. We all have to work together to come up with a proper solution. The proposed solution by ctrwd is the best one offered so far.

  4. Fox has comments from several people that seem to have some inside information. I would refer to their website. Changed my whole opionion of this story.

  5. This place is great! I'm piggy backing and saying the Cobb salad is great. But the ribs are awesome. $6.49 for ribs and 2 sides?! They're delicious. If you work downtown, head over there.

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