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Retailers
HHGregg's stock swoons after quarterly report disappoints
May 21, 2013
IBJ StaffThe Indianapolis-based retailer saw a big drop in earnings in its latest quarter on decreased sales, lower profit margins
and higher advertising expenses, it said Monday.
MoreHHGregg earnings sink on declining sales
May 20, 2013
IBJ StaffThe Indianapolis-based retailer saw a big drop in earnings in its latest quarter on decreased sales, lower profit margins
and higher advertising expenses.
MoreLids acquiring Kentucky sporting goods chain
May 20, 2013
Associated PressThe CEO of a private equity firm that helped fund the Lexington-based Fan Outfitters chain said new regulations imposed by
the Affordable Care Act prompted the group to look at the offer from Lids.
MoreConvenience stores sue to sell cold beer in Indiana
May 14, 2013
Mason KingAn industry trade group filed a lawsuit Tuesday morning contending that Indiana liquor law is unconstitutional and unfairly
benefits liquor stores.
MoreCircle Centre hanging in despite anchor vacancy
May 8, 2013
Scott OlsonThe downtown mall last year saw its sales per square foot increase to $354, a 5.3-percent increase from 2011, according to
an annual operating report it provides to the city. But non-anchor occupancy slipped below 90 percent.
MoreMeijer might finally be coming to Anson
May 4, 2013
Construction paperwork indicates the store will be almost 200,000 square feet and employ 100 people.
MoreColts-themed restaurant could reopen with Irsay's aid
May 3, 2013
Scott OlsonIndianapolis Colts owner Jim Irsay has pledged to throw the owner of the Blue Crew Sports Grill a lifeline by paying his rent
until the football season starts in September.
MoreKite buys Castleton Crossing center for $39M
May 1, 2013
The retail center, off East 82nd Street, near Interstate 465 and Allisonville Road, is fully leased and is anchored by HomeGoods,
Burlington Coat Factory and Shoe Carnival.
MoreZionsville's Main Street aims to boost drawing power, charm
April 27, 2013
Andrea Muirragui DavisZionsville’s new economic development plan calls for ramping up commercial activity in the predominantly residential
community—just not at the expense of the mom-and-pop shops that give the Boone County town its charm.
MoreMore demand for mall space boosts Simon earnings
April 26, 2013
Bloomberg NewsThe Indianapolis-based owner of retail centers raised its expectations for the fiscal year after reporting solid gains in
occupancy, rent revenue and earnings for the first quarter.
MoreAfter raid, pet store owner agrees to quit selling animals
April 23, 2013
IBJ StaffAnimal control officers found hundreds of violations in March at The Fish Bowl, 2101 East Michigan St. The owner plans to
continue operating his business as a pet-supply store.
MoreSenate bill jeopardizes tax-free online shopping
April 22, 2013
Associated PressStates could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the U.S.
Senate on Monday.
MoreFinish Line expects sales to leap in Macy’s deal
April 12, 2013
Scott OlsonBecoming the exclusive athletic footwear partner of the department store chain could increase Finish Line's annual revenue
as much as 30 percent, executives say. Finish Line apparel will start appearing in Macy's this weekend.
MoreMobile boutique takes pop-up retail on the road
April 6, 2013
Jill McCarterHeather Hogan Pirowski, owner of Retro 101, is among a growing number of retailers who have chosen the nomadic lifestyle .
Looking for an alternative to the fixed overhead of a permanent location, they set up shop at a site for a few days or weeks,
then pack up and move on.
MoreGreenwood pet store stocked with exotic critters
April 5, 2013
Associated PressFrom tarantulas to emperor scorpions and monitor lizards, Pandemonium Exotics caters to enthusiasts looking for pets beyond
a dog or cat.
MoreCharlie & Barney's ends 36-year restaurant run
April 3, 2013
Scott OlsonIndianapolis chain Charlie & Barney's, known for its chili, has closed its flagship downtown location, leaving it without
a restaurant for the first time since its 1977 founding.
MoreAppeals court upholds Marsh's $18.2M award from Roche
April 1, 2013
IBJ Staff, Jennifer Nelson / The Indiana LawyerThe Indiana Court of Appeals upheld an $18.2 million judgment Monday in favor of Marsh Supermarkets LLC on its complaint alleging
that Roche breached a contract to sublease space in the Fishers building that houses Marsh’s headquarters.
MoreSenators stalling Indiana online sales-tax proposal
March 29, 2013
Associated PressSome key state senators are sidelining a bill that would make Amazon.com and other online-only retailers start collecting
Indiana's 7-percent sales tax this summer.
MoreHigher payroll taxes take toll on restaurants
March 28, 2013
Associated PressSo far, 2013 has been "a roller coaster ride" for Indiana eateries, according the state trade association's president. Industry
observers say a 2-percent increase in the payroll tax is a likely culprit in a nationwide sales decline.
MoreFinish Line hits snag in new running segment
March 28, 2013
Scott OlsonThe athletic footwear and clothing company said Thursday that its fiscal fourth-quarter earnings dropped 18 percent due to
lackluster sales at stores open at least a year.
MoreWhole Foods shelves store slated for Fishers
March 26, 2013
Andrea Muirragui DavisHigh-end grocery chain Whole Foods Market Inc. wants to triple the number of stores it operates, but the company has bagged
plans for a location on 116th Street in Fishers.
MoreWith TV business ‘forever changed,’ HHGregg retools
March 16, 2013
Greg AndrewsCEO Dennis May said: "We see the HHGregg of the future as a home products store that also sells consumer electronics."
MoreIndy pet store raid finds hundreds of dead animals
March 15, 2013
Associated PressAnimal control officials who raided an Indianapolis pet store that failed an annual inspection say they found hundreds of
dead small animals as well as other creatures living in filthy tanks and cages.
MoreGerdt Furniture owners embroiled in $4M court fight
March 14, 2013
Scott OlsonA family dispute involving the owners of Gerdt Furniture & Interiors Inc. has led to a lawsuit accusing them of owing
nearly $4 million in unpaid rent and loans.
MoreHHGregg merchandising post turns over again
March 5, 2013
J.K. WallHHGregg Inc. on Tuesday hired its third chief merchandising officer in just over a year as the Indianapolis-based electronics
retailer continues to struggle to overcome plummeting sales of televisions.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.