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Retail
HHGregg adds furniture, exercise gear as TV sales fall
November 2, 2012
Cory SchoutenHHGregg Inc. is looking for ways to boost sales at its 224 stores in coming months as the homegrown company fights to offset
a huge drop in TV sales. The retailer reported a big decline in quarterly revenue Friday, but its shares soared nearly 19
percent.
MoreINSIDE DISH: Carmel eatery unafraid to break a few eggs, rules
November 2, 2012
Mason King
Restaurateur Larry Hanes stuck to his guns in creating Eggshell Bistro, bending conventions with
eclectic decor, artisanal coffees, and a simple menu with restrained portions.
Lids buying 12 stores from Florida-based Fanatics chain
November 1, 2012
The purchase includes nine FansEdge locations in the Chicago area and one in Oklahoma, in addition to two Football Fanatics
stores in Jacksonville, Fla.
MoreSt. Elmo to be featured on cable television show
October 31, 2012
"Drinking Made Easy" traveled to Indianapolis to sample several of the city's hotspots and their cocktails. The episode airs
Wednesday night on cable network AXS TV.
MoreBroncos' Manning to own 21 Papa John's pizza franchises
October 27, 2012
Bloomberg NewsPeyton Manning will be introduced as the company's newest franchisee in the Denver area during a television spot with Papa
John's Chief Executive John Schnatter on Sunday during the telecast of NBC's "Football Night in America."
MoreCity selects developers for Mass Ave project
October 24, 2012
Cory SchoutenCity officials have picked the apartment specialist J.C. Hart Co., retail developer Paul Kite Co. and architecture firm Schmidt
Associates to redevelop a prime Mass Ave parcel currently occupied by the Indianapolis Fire Department.
MoreIndiana Fever, Finish Line reach jersey sponsorship
October 19, 2012
IBJ StaffIndiana Fever players will wear a prominent Finish Line logo on the front of their uniforms as part of a major sponsorship
deal with the Indianapolis-based athletic apparel retail chain, team officials announced Friday afternoon.
MoreRetailers await decision on $7.2B 'swipe-fee' settlement
October 13, 2012
Scott OlsonIn what could be the largest antitrust settlement in U.S. history, the agreement would resolve dozens of lawsuits filed by
retailers against Visa Inc., MasterCard Inc. and the banks that issue their credit cards.
MoreINSIDE DISH: New partners boost sales at Pure
October 12, 2012
Mason King
Receipts at the locavore's haven in Fountain Square have surged
since February, when two new partners took over day-to-day management, redefined the space, expanded the menu and turned its
hours of operation upside down.
Steak n Shake opening in United Arab Emirates
October 9, 2012
The Indianapolis-based restaurant chain struck a deal to open 40 locations starting next year in the Middle Eastern country,
its first venture outside the United States.
MoreGerdt Furniture closing Castleton location
October 3, 2012
Scott OlsonThe 26-year-old store at 8602 Allisonville Road is liquidating its merchandise and is marking down prices as much as 70 percent.
Gerdt's original and lone remaining store, in Southport, will stay open.
MoreFinish Line boosts earnings outlook on Macy’s deal
September 28, 2012
Scott OlsonThe Indianapolis-based athletic apparel retailer expects its sales to grow by $250 million to $350 million a year as a result
of a deal with Macy's Inc. to become the department store chain's exclusive athletic footwear partner.
MoreKennedys sell interests in running store chain
September 27, 2012
Anthony SchoettleBob and Melina Kennedy have sold their assets in BlueMile, a chain of running and fitness stores they founded 12 years ago
as The Running Co. Co-founders Ashley and Andrea Johnson are now sole owners.
MoreWomen's retailer plans $37M expansion, 242 jobs
September 27, 2012
New York-based Ascena Retail Group, whose female clothing brands include Justice, Lane Bryant, Maurices and Dressbarn, plans
to transform its 794,000-square-foot warehouse in Greencastle into an e-commerce distribution hub.
MoreCourt rules Steak n Shake broke pact with ad agency
September 26, 2012
Anthony SchoettleA District Court in Indiana this week ruled that Steak n Shake in 2009 breached its $4.36 million contract with its former
advertising agency, Georgia-based Varnson Group.
MoreVIDEO: Work on Fashion Mall at Keystone enters home stretch
September 26, 2012
Mason King
Much-anticipated upgrades to the high-profile Fashion Mall at Keystone will be ready for shoppers by mid-November. Mall
owner Simon Property Group provided a sneak peek on Wednesday of work under way.
HHGregg shares slide as company abandons Michigan plans
September 26, 2012
Scott OlsonThe stock price of the Indianapolis-based appliance and electronics retailer fell by more than 18 percent this week after
the company disclosed that it is postponing plans to open stores in Michigan.
MoreBiglari agrees to antitrust fine in Cracker Barrel deal
September 26, 2012
Bloomberg NewsThe chain-restaurant operator that owns Indianapolis-based Steak n Shake has agreed to pay $850,000 to settle procedural antitrust
violations stemming from its purchase of shares in Cracker Barrel Old Country Store Inc.
MoreTutwiler auto dealership closes after 48 years
September 25, 2012
Scott OlsonTutwiler Automotive had long been known as Tutwiler Cadillac before changing its name two years ago when its General Motors
franchise agreement expired. The dealership closed Saturday.
MoreNoble Roman's takes on take-and-bake format
September 22, 2012
Anthony SchoettleNoble Roman’s Inc. has baked up an idea to expand its franchising opportunities nationwide and dramatically increase
revenue. The Indianapolis-based pizza company is rolling out plans for a stand-alone, take-and-bake concept designed to rival
Papa Murphy’s.
MoreWal-Mart again attempting to build in Zionsville
September 20, 2012
Scott OlsonWal-Mart Stores Inc. has filed new plans to build a store along Michigan Road in Zionsville, six years after the town rebuffed
its original proposal that drew the ire of local residents and merchants.
MoreIndianapolis jeweler shot during home break-in
September 16, 2012
Associated PressIndianapolis police say jeweler Gary Thrapp of G. Thrapp Jewelers was in stable but serious condition Sunday after being shot
when two people broke into his home.
MoreMainGate, Lids score Super Bowl merchandise deals
September 15, 2012
Anthony SchoettleA pair of Indianapolis-based companies recently scored the largest single-event deal in the world of U.S. sports licensing,
unseating 24-year incumbent Facilities Merchandising Inc. to win lucrative deals at the 2013 Super Bowl in New Orleans.
MoreMillcraft hoping to fill downtown paper-supply void
September 13, 2012
Scott OlsonMillcraft Paper Co. is set to move from the far east side to downtown Indianapolis on Sept. 24 in hopes of filling a void
left a few months ago by the closing of Arvey Paper & Office Products.
MoreFinish Line stock falls after analyst's downgrade
September 13, 2012
Associated PressAn analyst downgraded The Finish Line Inc.'s stock on Wednesday, saying that the Indianapolis-based sneaker and athletic
clothing retailer will likely continue to lose share to rival Foot Locker.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.