Retail

Fatal shooting creates human resources issue for Kroger

December 28, 2011
Associated Press
Kroger officials are reviewing the actions of a manager who fatally shot a would-be robber inside a grocery store while it was busy with customers.
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Up to 120 Sears, Kmart stores set for closure

December 27, 2011
 IBJ Staff and Associated Press
Between 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.
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Police called to control rowdy shoe shoppers

December 23, 2011
Local police were called to two Indianapolis malls to control crowds waiting to purchase the newest generation of Air Jordan basketball shoe. Similar incidents have been reported nationwide.
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INSIDE DISH: Patrick's finds room at the Inn in 'X-mas miracle'

December 23, 2011
Mason King
Dish_Patricks_Watch_VideoBeth Dickerson and Patrick Mullen had one month to find a new home for their struggling restaurant and move. A lucky break at Brick Street Inn and dozens of patrons (straight out of "It's a Wonderful Life") helped make it happen.
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Krieg Bros. building sold to owner of nearby structure

December 22, 2011
Buyer Rick Coombes also owns the building at 111 S. Meridian St., the former home of Brenner Luggage, located just north of where the religious store operated for decades.
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Finish Line got strong start to holiday season

December 22, 2011
For the three-week period ended Dec. 18, the Indianapolis-based athletic apparel retailer said sales in stores open at least a year increased 7 percent from the same time last year. For the entire quarter, company profit increased 35 percent, to $5.5 million.
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Cracker Barrel rebuffs Biglari

December 20, 2011
 IBJ Staff
Cracker Barrel shareholders appear to have rejected Sardar Biglari’s move to join the restaurant chain’s board, but stopped short of passing a “poison pill” plan that would deter outside investors from taking over the business.
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Deceased HHGregg executive prospered in tough industryRestricted Content

December 17, 2011
Greg Andrews
Jerry Throgmartin, 57, died Jan. 22, 2012, at the age of 57. His family said he died from complications of meningitis—an infection that leads to inflammation of the membranes covering the brain and spinal cord.
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Group plans another push for Sunday alcohol sales

December 14, 2011
 Franklin College News Bureau
A coalition of convenience and grocery stores said Wednesday that they will renew their push for Sunday carry-out alcohol sales and cold sales of beer, but with a twist.
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CEO: Steak n Shake poised for global growth

December 13, 2011
Scott Olson
In his annual letter to shareholders, Sardar Biglari says he has commitments for 110 new franchises and thinks the Indianapolis-based restaurant chain could take its concept overseas.
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U.S. retail sales increase for sixth straight month

December 13, 2011
Associated Press
Americans spent more on autos, furniture and clothing at the start of the crucial holiday shopping season, boosting retail sales for a sixth straight month. Meanwhile, sales fell at grocery stores, building supply stores and restaurants.
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Biglari set to make big move on Cracker Barrel

December 9, 2011
Associated Press
Cracker Barrel will hold its annual shareholder meeting Dec. 20, and Sardar Biglari, who controls Indianapolis-based Steak n Shake, is seeking a seat on the company's board of directors.
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DeLaney calls for action to boost safety at convenience stores

December 7, 2011
Greg Andrews
State Rep. Ed DeLaney, an Indianapolis Democrat, said at a Wednesday morning press conference that he has asked the Indiana Department of Labor to convene a forum about worker safety with police, convenience store operators, Department of Labor officials and other interested parties.
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Popular chain plans to launch restaurant in NoblesvilleRestricted Content

December 3, 2011
 IBJ Staff
Huntington Beach, Calif.-based BJ’s opened its first central Indiana location in 2008 at Greenwood Park Mall.
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Malls see big changes just in time for holidaysRestricted Content

December 3, 2011
Cory Schouten

New stories have debuted at malls across the Indianapolis area. Many are pop-up shops eager to capitalize on holiday shoppers and the Super Bowl crowds.

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Christy's auctioning inventory of religious supply store

December 2, 2011
Krieg Bros. Religious Supply House is closing Saturday after nearly 120 years in business. Items worth an estimated total of $400,000 are set to be sold by Christy's of Indiana.
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Steak n Shake hit with overtime lawsuit

November 30, 2011
Scott Olson
Two workers at restaurants in Georgia are suing the Indianapolis-based burger chain for failing to pay minimum wage and overtime to hourly employees.
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Black Friday boosts car sales to best rate since ‘Clunkers’

November 30, 2011
Bloomberg News
U.S. consumers, who set records for retail purchases during Thanksgiving weekend, helped boost U.S. auto sales in November to what is likely to be their fastest pace in more than two years.
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Indiana retailers making push for online sales tax

November 29, 2011
Associated Press
A new coalition of Indiana retailers is planning a lobbying push aimed at convincing state lawmakers to force online businesses to collect the state's 7-percent sales taxes from customers.
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Thanksgiving weekend retail sales jump to record $52.4B

November 27, 2011
Bloomberg News
U.S. retail sales during Thanksgiving weekend climbed 16 percent to a record, as shoppers flocked to stores earlier and spent more, according to the National Retail Federation. Sales totaled $52.4 billion, and the average shopper spent $398.62 over the holiday weekend, up from $365.34 a year earlier.
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Washington Square owner Simon not paying on $12.8M loanRestricted Content

November 26, 2011
Cory Schouten
Traffic is low and vacancies are high at Washington Square Mall, the most troubled local property for Indianapolis-based mall giant Simon Property Group Inc.
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Martinsville Candy Kitchen hangs hopes on handmade canes

November 26, 2011
Andrea Muirragui Davis
Martinsville candy
                           canes watch videoShop owners John and Pam Badger churn out more than 20,000 candy canes in November and December, but they'd like to boost business the other 10 months of the year.
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New restaurant to anchor Fountain Square Theatre buildingRestricted Content

November 26, 2011
 IBJ Staff
The End of the Line Public House will replace the Shelbi Street Cafe.
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Indy Reads to open downtown bookstoreRestricted Content

November 26, 2011
 IBJ Staff
Literacy group seeks more visibility, outlet for used book donations.
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Hendricks County 'hotspot' for package-liquor permits

November 21, 2011
Scott Olson
Four package liquor permits in the county west of Indianapolis fetched a total of nearly $1 million, roughly a quarter of the $3.8 million the state netted during an auction of 279 new alcohol permits in Indiana.
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