Retail

Online 'daily deals' coupons transform local advertisingRestricted Content

December 11, 2010
Cory Schouten
A big-dollar offer from Google for Groupon—the undisputed king of a U.S. daily deal industry already worth $2.5 billion a year—has emboldened an armada of coupon competitors looking to grab a piece of the fast-growing market.
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TJX closing A.J. Wright brand, cutting 4,400 jobs

December 10, 2010
Associated Press
Indianapolis has four A.J. Wright stores that are slated for conversions rather than closures.
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Feds charge Marsh with unfair labor practices

December 10, 2010
 IBJ Staff
The National Labor Relations Board filed a formal complaint after investigating charges that Marsh Supermarkets threatened and intimidated employees to discourage them from forming a union. The grocery chain also allegedly fired an employee for supporting the union.
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City Market tenant agrees to move to alternate space

December 7, 2010
Scott Olson
Under a settlement, the Indianapolis City Market dropped its attempts to evict the Grecian Garden after the restaurant said it would relocate to accommodate a renovation.
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INSIDE DISH: Irvington favorite breaks off slice for Greenwood

December 3, 2010
Mason King
Jockamo Watch
                           VideoThe owners of Jockamo Upper Crust Pizza had seen other local eateries sink after expanding. They weighed many risks before pulling the trigger.
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Renewed Sunday liquor fight to focus on money

November 30, 2010
Francesca Jarosz
Backers of the proposed legislation have begun touting a study estimating that as much as $9 million in additional tax revenue would be generated for Indiana by the allowance of Sunday sales.
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Retail giants hope to cash in on local flavor

November 27, 2010
Cory Schouten
National 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.
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Noble Roman's expanding grocery-product line

November 24, 2010
Francesca Jarosz
The pizza franchisor will begin offering pasta sauce, Parmesan cheese, cheesy bread sticks, cheese dip and a deep-dish lasagna dish to grocery stores to supplement franchise revenue.
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Ad Age: Steak n Shake seeking new agency

November 23, 2010
 IBJ Staff
Two years and at least two advertising agencies after ending a long-term advertising deal, Steak n Shake is reviewing pitches from agencies interested in its business, according to a report from industry publication Advertising Age.
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Diversity key to west-side revitalization plan

November 20, 2010
Francesca Jarosz
Over the last few months, a wave of events has given momentum to grass-roots efforts to revive the West 38th Street corridor and its broader neighborhood, which includes Lafayette Square Mall.
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Turkey Hill chain targets Indianapolis

November 20, 2010
Cory Schouten
A convenience-store chain called Turkey Hill Minit Markets is expanding into central Indiana. The chain opened its first Indianapolis store in October and plans to add at least five more by the end of 2011.
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Running store chain changes name, opens new shopRestricted Content

November 20, 2010
Anthony Schoettle
The Running Co., now BlueMile, expands into Louisville, looks to add more stores in and outside Indiana
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INSIDE DISH: Santorini to return in short order

November 19, 2010
Mason King
Santorini Fire watch videoOwner Taki Sawi received a crash course in getting a restaurant back on its feet after a catastrophic fire on Oct. 11. The Greek eatery is slated to reopen in mid-December.
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Landmark Theatres purchases Showplace Glendale 12

November 17, 2010
The theater at Glendale Mall will be called Landmark's Glendale 12. Landmark Theatres is co-owned by Mark Cuban, an Indiana University graduate and owner of the Dallas Mavericks.
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Fiat dealerships rolling back to metro area

November 17, 2010
Chris O'Malley
After a three-decade absence from the market, Fiat is coming back to the Indianapolis area with new dealerships in Carmel and Greenwood.
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October retail sales post best showing since March

November 15, 2010
Associated Press
Much of the strength came from a big rise in auto sales. Excluding autos, retail sales rose a more modest 0.4 percent.
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Moe & Johnny’s owner files for bankruptcy reorganization

November 12, 2010
Scott Olson
Owner Chuck Mack says popular tavern and restaurant Moe & Johnny's, open in Broad Ripple since 1996, is in no danger of closing despite the Chapter 11 filing.
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Noble Roman's reports loss

November 11, 2010
Costs related to discontinued operations prompted the loss for Noble Roman’s, which is shelving its traditional store model in favor of offering its products in convenience and grocery stores.
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Carmel strip mall fire starts in doughnut shop

November 11, 2010
Associated Press
The fire began at a Dunkin' Donuts shop Thursday morning, spread to a winemaking shop and threatened other businesses.
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Simon rival General Growth exits Chapter 11

November 9, 2010
Associated Press
General Growth exits bankruptcy with more than 183 regional malls in 43 states — a retail portfolio second only to Indianapolis-based Simon Property Group Inc., which failed in its bid to scoop up its rival earlier this year.
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HHGregg shares swoon after quarterly report

November 9, 2010
Scott Olson
HHGregg Inc.'s profit in its fiscal second quarter fell 20.4 percent from a year ago while expansion boosted revenue 45 percent.
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Finish Line cash hoard could draw out suitorsRestricted Content

November 6, 2010
Greg Andrews
Citigroup Capital Markets retail analyst Kate McShane has Finish Line near the top of her list of potential leveraged-buyout candidates.
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Marsh rolls out new name at certain stores

November 4, 2010
Francesca Jarosz
The name change could be part of a strategy to rebrand Hometown Markets and make them more appealing for an eventual sale.
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Plans for Kroger-anchored center in west Carmel fall through

October 30, 2010
 IBJ Staff
The grocer might reconsider the Altum Garden's site if economic variables change.
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PROXY CORNER: The Finish Line Inc.

October 30, 2010
 IBJ Staff
The Finish Line Inc., 3308 N. Mitthoeffer Road, Indianapolis, www.thefinishline.com, is a specialty retailer of brand-name athletic and leisure footwear, activewear and accessories.
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