Retail

Marsh plans to spend $60M to build and remodel storesRestricted Content

September 3, 2011
Cory Schouten
The Fishers-based supermarket chain is shifting into expansion mode with a mission to construct up to 10 new stores and revamp or rebuild several more over the next three years.
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Jack in the Box revives local expansion pushRestricted Content

September 3, 2011
 IBJ Staff
The burger chain has applied for zoning approval to build a restaurant near 16th and Meridian streets, just south of CVS drugstore. It would be one of 10 stores it plans to open here.
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Hat World suing three former execs for contract breaches

September 2, 2011
Scott Olson
The federal suit seeks monetary damages and a permanent injunction prohibiting the men from soliciting customers and employees, and from disclosing trade secrets.
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Analysts react positively to Finish Line purchase

September 1, 2011
Scott Olson
The Indianapolis-based retailer's acquisition of an 18-store specialty running chain should produce better results than some past miscalculations, analysts say.
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Finish Line acquires 18-store chain for $8.5M

September 1, 2011
The Indianapolis-based athletics retailer acquired the chain in order to enter the specialty running market. The stores are located primarily in the eastern part of the country.
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Music retailer moving call center to Indianapolis

August 30, 2011
The Woodwind & Brasswind, a South Bend-based retailer of musical instruments, is moving call-center operations to Indianapolis. The center will employ 100 people.
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Receiver appointed in $16.8M foreclosure suit

August 29, 2011
Scott Olson
Lender Merrill Lynch Mortgage Trust is foreclosing on several Indianapolis commercial properties, including two retail centers, owned by Greenwood developer Presnell Cos.
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Circle Centre wants Cinnabon out of mall

August 29, 2011
Scott Olson
A lawsuit filed by the downtown Indianapolis mall accuses Cinnaworks LLC, a franchisee of Cinnabon, of failing to pay its $6,751-per-month rent.
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INSIDE DISH: Pizzeria novices hit their stride, watch sales rise

August 26, 2011
Mason King
Dish_Brozinni_watchvideoThe duo behind Brozinni Pizzeria in Greenwood didn't know much about dough in the beginning, but they're making a lot of it now.
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Fire heavily damages Aristocrat restaurant

August 25, 2011
The restaurant at 5212 N. College Ave. sustained $1.5 million in damage. Firefighters were called to the two-story, 6,000-square-foot building early Thursday morning.
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Greenwood developer target of foreclosure suit

August 24, 2011
Two Indianapolis-area retail centers are listed in a $16.8 million lawsuit that includes a total of six properties owned by the Presnell Companies of Greenwood.
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Broad Ripple group doubles down in fight over Kilroy's

August 23, 2011
Cory Schouten
Members of the Broad Ripple Village Association are vowing to continue their fight against a new Kilroy's Bar n' Grill after they were denied a chance to speak out about the plan at a public hearing.
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Marsh outsourcing distribution to East Coast firm

August 22, 2011
 IBJ Staff
Marsh Supermarkets Inc. plans to outsource distribution services for all 97 of its stores to C&S Wholesale Grocers Inc. Marsh said 250 logistics workers will become employees for C&S.
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LEADING QUESTIONS: Fast-food guru digs philanthropy

August 17, 2011
Mason King
LQ Brown watch vidfeoWhat formative experience helped inspire a Taco Bell franchisee to donate well over $1 million to youth charities? What was his biggest bonehead mistake in business? Charlie Brown has answers.
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Steak n Shake reports higher same-store sales

August 15, 2011
Same-store sales grew during the fiscal third quarter 4.9 percent, helping revenue during the three-month period climb 4.5 percent, to $165.2 million.
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INSIDE DISH: Carmel Cajun eatery Mudbugs turns corner

August 12, 2011
Mason King
Dish_Mudbugs_watch_videoAfter a shaky start, ownership shakeup and puzzled looks from potential patrons, Belinda and Roy LeBlanc have turned their homegrown oasis for Louisiana cuisine into a profitable venture.
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Eastgate owner plots unusual office-space strategy

August 9, 2011
Cory Schouten
The owner of the former Eastgate shopping center has begun marketing a third phase of its mall overhaul: About 225,000 square feet of emergency backup office space.
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Finish Line brass buoyant as key retail season arrivesRestricted Content

August 6, 2011
Greg Andrews
The company clearly is on a nice run, with seven straight quarters of increasing same-store sales and increasing earnings per share.
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HHGregg shares plunge after rare quarterly loss

August 4, 2011
Cory Schouten
Shares of electronics and appliance retailer HHGregg Inc. slumped more than 18 percent Thursday morning, to a two-year low, after the chain reported its first quarterly loss in four years.
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Retailer HHGregg suffers rare quarterly loss

August 4, 2011
Scott Olson
The appliance and electronics retailer on Thursday reported a loss of $800,000, or 2 cents per share, in its fiscal first quarter ended June 30—just its second quarterly loss since going public in 2007.
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Former Nordstrom space could find Super Bowl use

August 2, 2011
Scott Olson
The massive space in Circle Centre mall vacated by high-end retailer Nordstrom could be used to host corporate events surrounding the big game.
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INSIDE DISH: 'Edibles' team returns with moveable feast

July 29, 2011
Mason King
Dish_Duos_WatchVideoBecky Hostetter and her husband, David, are applying lessons learned from the implosion of Essential Edibles to their new health-conscious food trailer, Duos.
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Prospects bright for Borders replacements

July 26, 2011
Cory Schouten
Brokers expect strong demand from other retailers, in part because the failed bookstore chain carefully chose its real estate, opting for locations near concentrations of affluent and educated consumers.
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Upland Brewing plans Bloomington expansion

July 26, 2011
Associated Press
Upland Brewing Co. expects to spend $3 million to buy, renovate and equip a former RCA Thomson warehouse, more than doubling its brewing capacity.
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Inspections find fewer Indiana underage alcohol sales

July 25, 2011
Associated Press
State inspections found Indiana's bars, restaurants and liquor stores doing a much better job of not selling alcohol to underaged Hoosiers.
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