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Department Stores
Finish Line expects sales to leap in Macy’s deal
April 12, 2013
Scott OlsonBecoming the exclusive athletic footwear partner of the department store chain could increase Finish Line's annual revenue
as much as 30 percent, executives say. Finish Line apparel will start appearing in Macy's this weekend.
MoreCircle Centre to build entry through empty Nordstrom
November 17, 2012
Cory SchoutenConstruction could begin soon in the former home of Nordstrom at Circle Centre mall, but the project does not signal an end
to the mall’s limbo following the 2011 departure of its marquee anchor.
MoreJ.C. Penney sells Simon Property stake for $248M
July 23, 2012
Associated PressJ.C. Penney Co. said Monday that it is selling the bulk of its interest in mall developer Simon Property Group Inc. for $248
million as it focuses on its core business.
MoreJ.C. Penney closing distribution center, laying off 230
July 2, 2012
IBJ StaffThe distribution center, which opened in 2002 near the Indianapolis International Airport, will close by the end of September,
company officials said.
MoreA year later, Circle Centre Nordstrom vacancy lingers
June 30, 2012
Cory SchoutenWithout a rapid-fire lease deal and renovation, the former Nordstrom anchor space at Circle Centre will sit idle for a second
holiday season. The more general-audience-oriented department store chain Macy’s remains the odds-on favorite to replace
Nordstrom, though it would take only a portion of the available space.
MorePendleton Pike Kmart, Anderson Sears on closing list
December 29, 2011
IBJ Staff and Associated PressSears Holding Co. said Thursday it will close a Kmart store on Pendleton Pike in Indianapolis and a Sears department store
in Anderson as part of a round of closures.
MoreSears closings shouldn't be big problem for Simon
December 29, 2011
Kathleen McLaughlinSimon Property Group has more shopping malls with Sears as a tenant than any other landlord, but any closings are likely have
a negligible effect on the Indianapolis-based real estate company's overall earnings, an analyst says.
MoreUp to 120 Sears, Kmart stores set for closure
December 27, 2011
IBJ Staff and Associated PressBetween 100 and 120 Sears and Kmart stores will be closed, the retailer said Tuesday, after terrible holiday sales during
what is the most crucial time of the year for retailers.
MoreSimon plan spells out Nordstrom strategy
September 24, 2011
Cory SchoutenAs many as four large restaurants could open in the first floor of the former Nordstrom at Circle Centre mall under a plan
floated by mall manager Simon Property Group Inc.
MoreCircle Centre can survive Nordstrom exit, experts say
May 28, 2011
Cory SchoutenAnchor store Carson Pirie Scott negotiated a new lease in January, giving the downtown mall added stability at a key time.
MoreNordstrom closing Circle Centre store
May 26, 2011
Cory SchoutenNordstrom plans to close its store at Circle Centre mall, dealing a substantial setback for downtown. The Seattle-based chain
was scheduled to announce the closure to employees at a mandatory staff meeting Thursday morning, a person familiar with the
plans told IBJ.
MoreRetail giants hope to cash in on local flavor
November 27, 2010
Cory SchoutenNational retailers from Macy’s to Walmart, Best Buy to Lowe’s—brands built on national scale and buying
in bulk to lower costs and muscle out competitors—are offering a new proposition to customers: Help us become more local.
MoreCircle Centre vies to keep anchor stores
June 19, 2010
Cory SchoutenDeals for both Nordstrom and Carson Pirie Scott are up for renewal in the coming months.
MoreShoppers World taking former Target space on U.S. 31 South
January 16, 2010
IBJ StaffThe New York-based department store has one other location in Indianapolis, in Lafayette Square Mall. That store opened in
2008.
MoreIzod rolls out Indy Racing clothing line
March 30, 2009
New York-based Phillips-Van Heusen Corp. will roll out its Izod/Indy race-inspired clothing collection in Macy's stores nationwide
in April.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!