Retail
HHGregg reports smaller profit in fiscal third quarter
February 8, 2012
The appliance and electronics retailer attributed the decline to lower-than-expected profit margins and higher spending on
advertising.
MoreSuper Bowl XLVI: hometown affair without hometown team
February 5, 2012
Anthony Schoettle, Cory SchoutenIndianapolis-specific Super Bowl gear is outselling souvenirs commemorating the teams actually playing in the game, reflecting
Hoosiers' enthusiasm for this year's festivities.
MoreDowntown crowds still strong even after game time
February 5, 2012
Scott OlsonThousands of people stayed downtown to watch the game from a nearby restaurant or bar, many of which had lines stretching
out the front door to get inside.
MoreSuper Bowl payoff substantial, but may fall short of hype
February 4, 2012
J.K. WallThere’s no doubt the Super Bowl crowds showered Indianapolis with cash all week. The question is, how much of it will
stick after the big game is over? And how much will it mean to Indianapolis’ economy?
MoreStout's Shoes expects website to become its largest 'store'
February 4, 2012
Sam StallAfter years of failed attempts to create a viable Web presence, Stout's Shoes has finally plunged into cyberspace using the
route experts say many small companies follow: giving the job to a young, tech-savvy family member with an aptitude for social
media.
MoreDistribution plan keeps provisions plentiful despite crowds
February 3, 2012
Cory SchoutenDowntown's Super Bowl revelry still is going strong thanks in large part to a special distribution strategy that includes
extra routes, earlier deliveries and an ample supply of food and booze to replenish local establishments. (with video)
MoreSimon quarterly results improve as sales increase at malls
February 3, 2012
Simon Property Group Inc., the largest U.S. shopping-mall owner, reported a 6.3-percent gain in fourth-quarter funds from
operations as income from rents rose.
MoreFeds seize nearly $5M in phony Super Bowl goods
February 2, 2012
Associated PressFederal officials say authorities have seized nearly $5 million worth of phony Super Bowl sportswear and merchandise in a
nationwide sweep.
MoreRetailer Lids strives for Super Bowl dominance
February 2, 2012
Cory SchoutenLids Sports Group is emerging as an early Super Bowl winner among local businesses after betting big that souvenir sales would
shine.
MoreIndiana liquor law could crimp Super Bowl parties
February 1, 2012
Associated PressIndiana is among a handful of states that ban carryout liquor sales on Sundays. Even hosting the NFL's most-celebrated
spectacle won't change that.
MoreCircle Centre again suing Bella Vita over unpaid rent
January 30, 2012
Scott OlsonLandlord Circle Centre Mall LLC is suing the restaurant over $77,275.24 in unpaid rent, according to court documents. Circle
Centre also sued Bella Vita in June 2010 over $96,523.23 in overdue rent.
MoreApartments rev up residential revival downtown
January 28, 2012
Cory SchoutenAn apartment building spree downtown is getting fresh fuel with an $85 million mixed-use development that will be anchored
by a Marsh grocery.
MoreFormer Borders space lands tenant for Super Bowl
January 26, 2012
Scott OlsonSouth Florida sports agent Howard Jaffe's Barjaf Group is temporarily leasing the space, which will feature a nightclub
in which rapper Nelly is set to perform the night before the Super Bowl.
MoreMeningitis complications felled Throgmartin, family says
January 25, 2012
Meningitis, a rare disorder caused by an infection of the membranes covering the brain and spinal cord, usually can be treated
but is sometimes fatal.
MorePet specialty retailer plans 135 jobs in Indiana
January 24, 2012
Pet Supplies Plus said it will add the positions by relocating its warehousing operations from Michigan to Seymour, 60 miles
south of Indianapolis.
MoreBroadbent sells part of Fashion Mall Commons
January 24, 2012
Tom HartonThe 86,634-square-foot building that houses a Kohl's department store fetched $15.3 million, or about $177 per square foot,
according to a CoStar Group report.
MoreDeceased HHGregg chairman oversaw explosive growth
January 23, 2012
Greg AndrewsJerry Throgmartin helped transform HHGregg from a local electronics retailer into a national player with more than $2 billion
in revenue. He died over the weekend while visiting his ranch in Colorado.
MoreRestaurants and stores plan new Indy locations
January 21, 2012
IBJ StaffOff Broadway Shoes highlights new retailers entering the market.
MoreFirms of all kinds hope to benefit from Super Bowl spending
January 21, 2012
Anthony SchoettleWhile many of the local companies scoring a Super Bowl windfall predictably will be hotels, restaurants and retail outlets,
there will be a cadre of more unlikely winners from one of the world’s biggest sporting events.
MoreRyan's, Old Country Buffet parent files for bankruptcy
January 20, 2012
IBJ Staff and Associated PressBuffets Restaurants Holdings, which operates at least three restaurants in the Indianapolis area, has filed for Chapter 11
bankruptcy protection for a second time and plans to close 81 underperforming eateries.
MoreSuper Bowl plans set for former Nordstrom space
January 17, 2012
Scott OlsonAn after-hours nightclub and a sports apparel shop operated by Indianapolis-based Lids Sports Group will occupy much of the
space, dubbed "The Huddle," during the festivities starting on Jan. 27.
MoreExtras help small firms boost business
January 14, 2012
Andrea Muirragui DavisSmall businesses like KnowSweat Workouts increasingly are adding products and services to keep revenue flowing during tight
economic times.
MoreINSIDE DISH: Noodle readies for Super Bowl rush
January 13, 2012
Mason King
Owner Hal Yeagy expects at least three months of business over 10 days
at the newly nonsmoking Slippery Noodle Inn, and he's spending nearly $300,000 on physical improvements and a temporary
tent to make sure it rocks.
Retail sales weaken in December, but cap a record year
January 13, 2012
Associated PressFor all of 2011, U.S. retail sales totaled a record $4.7 trillion. That was a gain of nearly 8 percent over 2010 — the
largest percentage increase since 1999. But the final month of the year was a dud.
MoreClosed meeting angers wounded store clerk's family
January 11, 2012
Associated PressThe family of a convenience store clerk critically injured in an October shooting harshly criticized an Indiana agency's
decision to hold a closed-door meeting Wednesday with trade groups on efforts to boost safety at the 24-hour facilities.
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Mike, I am confused by your message, what is it besides hiding behind a flag, a song, and a symbol. I am surpised you can find Indiana, you and your phony "Washington" outsider mentality. You are a legend in your own mind, come and see what it is like to work and live in this state. You are a lifelong politician, admit it and carry on.
Why not exclude all places that cater to the rich. Private clubs should not have rules: rules are for the serfs only. In fact, we should subsudize the private clubs, they should not pay property or sales taxes. You go rich and powerful, rules are not for you.
Poor little LadyJ! Typical Democommie. In case it got past you, the dems have totally screwed this country in the past 3+ years. We have a democommie in the White House who apparently never read the Constitution, while claiming to be a constitutional scholar. We had a democommie-controlled Congress (opposite of PROGRESS?)passing bills that "we'll have to pass before we know what's in it". This impostor president has violated the U. S. Constitution too many times to count. The Attorney General is a race-baiting gunrunner that refuses to stop illegal immigration. And, the head of NASA, a once-proud agency that put several men on the moon, is now our liason to the murderous Muslims. Great job, democommies! Sometimes I wish they really would try to take our guns.
Pat Bauer try t do right about the state but the Republican leader and all of them did not think of us. Only the money they will get from their rich corporation. Of Course the Democrats had union, so I won't vote for Bosma or whatever his name is.
Well you are talking about Republican, did all of the Damage in this state. Sure the Democrats did some but most is the Republican. The Republican set us back not going forward. Hurry passed bills won't listen to any amendment our way only. The Republicans drew up these district so they could win again. Which is a crying shame. I will not vote for any Republican and I got the list who voted for the RTW Bill and who didn't. Tired of the Republicans