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Retail
JOSEPH: Don't repeat Marsh's mistake
August 17, 2009
Marsh Supermarkets quickly realized it could not honor the flood of redemptions of the $10 coupon it recently offered to its
Facebook friends.
MoreDeal returns Steak n Shake to steakhouse biz
August 13, 2009
Greg AndrewsThe Steak n Shake Co.’s announcement this morning that it plans to purchase Western Sizzlin Corp. for about $23 million
puts the Indianapolis restaurant company back in the steakhouse business for the first time since exiting it nearly a decade
ago.
MoreKmart closing Martinsville store
August 12, 2009
IBJ StaffKmart Corp. has notified the Indiana Department of Workforce Development that its Martinsville store will close Nov. 30, costing
48 employees their jobs.
MoreSteak n Shake posts profit, rise in customer traffic
August 11, 2009
Scott OlsonSteak n Shake Co. late yesterday reported strong profit and big increases in customer traffic and same-store sales for its
fiscal third quarter, which ended July 1.
MoreNoble Roman's profit up, revenue down
August 11, 2009
IBJ StaffNoble Roman’s Inc. late yesterday reported a larger profit in the second quarter, primarily due to its continuing efforts
to cut expenses by replacing company-owned restaurants with franchises.
MoreLarge HHGregg investor ups stake, surprising analysts
August 10, 2009
Greg AndrewsHHGregg Inc. shares have enjoyed a spectacular runup this year. But the company’s biggest shareholder is making a
huge bet that the good times are only beginning.
MorePurdue prof: 'Clunkers' could stall retail sales
August 5, 2009
Kim PuckettThe federal 'Cash for Clunkers' program has opened a floodgate of car sales that President Obama says is a much-needed
boost for the economy. But retailers may feel the negative effects of America's collective investment in new cars, predicts
a Purdue Retail Institute researcher.
MorePurdue prof: 'Clunkers' could stall retail sales
August 5, 2009
Kim PuckettThe federal "Cash for Clunkers" program has opened a floodgate of car sales that President Obama
says is a much-needed boost for the economy. But retailers may feel the negative effects of America's collective investment
in new cars, predicts a Purdue Retail Institute researcher.
MoreMarsh extends olive branch to angry followers
August 4, 2009
Marsh Supermarkets late yesterday issued a mea culpa after it stopped honoring a $10 coupon just
days after introducing the online promotion.
MoreMarsh promotion cancellation sparks anger
August 3, 2009
Scott OlsonMarsh Supermarkets’ decision to stop honoring a $10 online coupon just days after introducing the promotion has angered
hundreds of followers of the grocer’s Facebook page.
MoreMarsh promotion cancellation sparks anger
August 3, 2009
Scott OlsonMarsh Supermarkets' decision to stop honoring a $10 online coupon just days after introducing
the promotion has angered hundreds of followers of the grocer's Facebook page.
MoreHHGregg growing too fast?
August 3, 2009
IBJ StaffThe fast-growing locally based electronics retailer HHGregg Inc. has seen its stock price rocket more than 80 percent this
year as it moves to take advantage of the bankruptcy liquidation of rival Circuit City.
MoreDownturn provides opportunity for restaurants hungry for expansion
August 3, 2009
Cory SchoutenThe economic slump is giving independent local restaurants a shot at prime locations that in good times would be snapped up
by chains.
MoreTwo Indianapolis restaurants close
July 20, 2009
IBJ StaffSister eateries Café Nora and Ruth’s Keystone Cafe have closed, owner Jim Nethercott said.
MoreSmith & Hawken going out of business
July 15, 2009
IBJ StaffUpscale garden retailer Smith & Hawken will close all of its stores by the end of the year, including its Indianapolis
location on River Crossing Boulevard near the Fashion Mall.
MoreConrad Indianapolis adding wine bar, sidewalk dining
July 13, 2009
Cory SchoutenPlans are in the works for a wine bar called Tastings that would take the first-floor corner space at the Conrad Indianapolis.
The $1 million project would add an entrance to the luxury hotel at the northeast corner of Washington
and Illinois streets and include a total of 80 outdoor seats along both streets, in the shadow of the
Artsgarden.
MoreMainGate takes on Vikings
July 13, 2009
IBJ StaffIndianapolis-based merchandiser MainGate Inc. continues scoring deals with National Football League teams.
On July 7, company officials announced they had signed a 10-year deal to be the exclusive retail and merchandising company
for the Minnesota Vikings.
MoreNew restaurants planning to open this month
July 13, 2009
IBJ StaffNew restaurants include Iozzo’s Garden of Italy, slated to open July 17 at 946 S. Meridian St.,
in the former home of Leland’s and Cafe@Ray. The owner’s grandfather in the 1940s owned an
800-seat restaurant of the same name where the Hyatt Regency now stands.
MoreSteak n Shake sales, traffic rise
July 8, 2009
IBJ StaffSteak n Shake Co. yesterday reported big increases in customer traffic and same-store sales for its fiscal third quarter,
which ended July 1. Customer traffic rose 13.4 percent and same-store sales jumped 5 percent in the quarter compared to the
same period a year ago, it said in a brief Securities and Exchange filing.
MoreHHGregg accelerates store-opening plans
July 8, 2009
Scott OlsonHHGregg Inc. said this morning that the bankruptcy of competitor Circuit City should enable the company to open more stores
within the next few years than previously expected.
MoreKeystone Construction plans Madison Avenue retail center
July 7, 2009
Cory SchoutenA local developer is planning a retail strip center along Madison Avenue just south of downtown in a neighborhood that's been
begging for investment for years. The plans by Keystone Construction Corp. call for a 25,000-square-foot retail
center at 1400 Madison Ave., across from Sisters' Place Restaurant.
MoreCarmel tech firm takes coupons into digital era
July 6, 2009
Chris O'MalleyCarmel-based mobile marketer Tetherball has deployed a program using
a radio frequency identification device that can measure in detail to what extent customers redeem loyalty and rewards offers.
MoreClean air strategy: Some nightspots opt to tighten smoking rules
June 29, 2009
Kathleen McLaughlinCoaches Tavern, MacNiven's Restaurant and Bar, and The Jazz Kitchen are among Indianapolis bars that recently limited or banned
smoking. Those establishments join a short list of bars that already buck the trend in Indianapolis. Smoking in public places,
including restaurants, has been banned in Marion County since 2006, but it's still OK to puff away in places that don't admit
minors.
MoreIndianapolis loses two Bally fitness centers
June 29, 2009
IBJ StaffThe closures come as the parent company reorganizes and competitors pump up their local presence.
MoreSpicy Pickle sued for unpaid rent at Castleton Square
June 8, 2009
IBJ StaffSimon Property Group Inc. has filed suit against Spicy Pickle franchisee AJ Enterprises LLC, seeking more than $977,000 in
unpaid rent for a prime space at Castleton Square Mall.
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We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.
The Prestige was a great flick.
Larry - even though the race is on ABC, ESPN does all of the work, so that is why ESPN is mentioned. Most sports on ABC are called something like "ESPN on ABC."
My oldest daughter graduated from IU with a Secondary Education degree. She graduated with honors and spent 3 years trying to find a teaching job in Indiana. Many of her fellow education degree graduates still don't have teaching jobs. As schools downsize and cut budgets, less teaching jobs are available. I'm not sure I see why we feel the need to bring more teachers to Indiana.