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Retail
Finish Line's cash hoard could make it alluring target
May 25, 2013
Greg AndrewsThe Indianapolis-based retailer is debt-free and has amassed $227 million in cash on its balance sheet. That works out to
$4.63 per share.
MoreIndy startup serves up keg beer with big data
May 24, 2013
Dan HumanSteadyServ Technologies has raised $1.5 million to help develop iKeg, which tells bar managers and beer distributors when
they need to reorder.
MoreBroad Ripple project takes heat at Village meeting
May 24, 2013
IBJ StaffJeering and catcalls greeted officials from Browning Investments, which has proposed the $18 million residential and retail
development along the Central Canal.
MoreDenver-based firm laps up BlueMile running chain
May 23, 2013
Anthony SchoettleBlueMile, a local six-store running specialty chain, has been acquired by a group that includes Indianapolis-based sports
goliath The Finish Line Inc. The deal is expected to speed BlueMile's expansion.
MoreKennedy partners with Olympic runner to buy shoe chain
May 22, 2013
Anthony SchoettleIndiana running icon Bob Kennedy believes Movin Shoes Inc. has great potential for growth. Its California location doesn't
violate Kennedy's non-compete agreement with Indiana's BlueMile chain.
MoreHHGregg's stock swoons after quarterly report disappoints
May 21, 2013
IBJ StaffThe Indianapolis-based retailer saw a big drop in earnings in its latest quarter on decreased sales, lower profit margins
and higher advertising expenses, it said Monday.
MoreHHGregg earnings sink on declining sales
May 20, 2013
IBJ StaffThe Indianapolis-based retailer saw a big drop in earnings in its latest quarter on decreased sales, lower profit margins
and higher advertising expenses.
MoreLids acquiring Kentucky sporting goods chain
May 20, 2013
Associated PressThe CEO of a private equity firm that helped fund the Lexington-based Fan Outfitters chain said new regulations imposed by
the Affordable Care Act prompted the group to look at the offer from Lids.
MoreWestfield Farmers Market pulls plug on 2013 season
May 16, 2013
Andrea Muirragui DavisOrganizers at the not-for-profit Downtown Westfield Association on Wednesday said the open-air market near City Hall will
not operate this year. It had been scheduled for Friday evenings from June to September.
MoreConvenience stores sue to sell cold beer in Indiana
May 14, 2013
Mason KingAn industry trade group filed a lawsuit Tuesday morning contending that Indiana liquor law is unconstitutional and unfairly
benefits liquor stores.
MoreDeveloper planning $60M project near Ball State
May 10, 2013
Associated PressInvestment Property Advisors of Valparaiso hopes to build a four-story building wrapping around a six-story parking garage
that will have 228 apartments and storefronts on the street level.
MoreCircle Centre hanging in despite anchor vacancy
May 8, 2013
Scott OlsonThe downtown mall last year saw its sales per square foot increase to $354, a 5.3-percent increase from 2011, according to
an annual operating report it provides to the city. But non-anchor occupancy slipped below 90 percent.
MoreMeijer might finally be coming to Anson
May 4, 2013
Construction paperwork indicates the store will be almost 200,000 square feet and employ 100 people.
MoreColts-themed restaurant could reopen with Irsay's aid
May 3, 2013
Scott OlsonIndianapolis Colts owner Jim Irsay has pledged to throw the owner of the Blue Crew Sports Grill a lifeline by paying his rent
until the football season starts in September.
MoreIrsay may rescue Colts-themed restaurant
May 2, 2013
IBJ StaffLess than a day after its closure was announced, a Colts-themed restaurant on the far north side of Indianapolis may be getting
a reprieve.
MoreColts-themed restaurant closes its doors after financial losses
May 2, 2013
Scott OlsonThe Blue Crew Sports Grill on Indianapolis' far north side closed its doors Thursday after seven years in business, according
to a post on the eatery's Facebook page.
MoreKite buys Castleton Crossing center for $39M
May 1, 2013
The retail center, off East 82nd Street, near Interstate 465 and Allisonville Road, is fully leased and is anchored by HomeGoods,
Burlington Coat Factory and Shoe Carnival.
MoreMore franchisees join revolt over Steak n Shake menu pricing
May 1, 2013
Scott OlsonThree franchise owners filed suit last month against Steak n Shake, including two on the same day, challenging the company's
policy that they say prohibits them from setting their own menu prices.
MoreZionsville's Main Street aims to boost drawing power, charm
April 27, 2013
Andrea Muirragui DavisZionsville’s new economic development plan calls for ramping up commercial activity in the predominantly residential
community—just not at the expense of the mom-and-pop shops that give the Boone County town its charm.
MoreMore demand for mall space boosts Simon earnings
April 26, 2013
Bloomberg NewsThe Indianapolis-based owner of retail centers raised its expectations for the fiscal year after reporting solid gains in
occupancy, rent revenue and earnings for the first quarter.
MoreBanks scale back real estate needs as transactions shift online
April 23, 2013
Scott OlsonAfter zooming higher in the last decade, the number of bank branches in Indiana slipped to 2,056 in 2011, the lowest level
since 2006.
MoreAfter raid, pet store owner agrees to quit selling animals
April 23, 2013
IBJ StaffAnimal control officers found hundreds of violations in March at The Fish Bowl, 2101 East Michigan St. The owner plans to
continue operating his business as a pet-supply store.
MoreSenate bill jeopardizes tax-free online shopping
April 22, 2013
Associated PressStates could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the U.S.
Senate on Monday.
MoreFood trucks find patchwork of rules in northern suburbs
April 13, 2013
Andrea Muirragui DavisAs the food truck industry heats up in Indianapolis, leaders of its fast-growing northern suburbs are starting to rewrite
the rules of the road.
MoreFinish 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.
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Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.
Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!
Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.
As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.
Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.