Retailers

LEADING QUESTIONS: Expanded Kahn's banks on holidays

December 29, 2011
Mason King
LQ_Arnold_Watch VideoHow much bubbly does Kahn's Fine Wines & Spirits sell at year's end? How have operations changed with the addition of two new stores? Owner Jim Arnold has answers.
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Sears closings shouldn't be big problem for Simon

December 29, 2011
Kathleen McLaughlin
Simon Property Group has more shopping malls with Sears as a tenant than any other landlord, but any closings are likely have a negligible effect on the Indianapolis-based real estate company's overall earnings, an analyst says.
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Bargain hunters divided holiday shopping season

December 29, 2011
Associated Press
The holiday shopping season turned out to be two seasons: the Black Friday binge and a last-minute surge before Christmas. Together, they added up to decent sales gains for most retailers.
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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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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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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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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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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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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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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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Shoe Carnival quarterly earnings rise 15 percent

November 18, 2011
Associated Press
The Indiana-based footwear and accessories company reported Thursday that its earnings rose to $10.5 million for the period ended Oct. 29, up from $9.1 million a year ago.
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Employees sue Finish Line over manager's secret camera use

November 17, 2011
Kathleen McLaughlin
Indianapolis-based retailer Finish Line is fighting a lawsuit by five women who say their former store manager secretly recorded them in the bathroom and dressing room.
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Newcomer Jos. A. Bank fuels hope for street-level retailRestricted Content

November 12, 2011
Cory Schouten
The 500-location menswear chain Jos. A. Bank is opening a street-level storefront location on a once-blighted block of East Washington Street, and the vote of confidence from such a growing national retailer could help persuade other stores to give downtown a look.
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My Toy Garden wades into specialty retail businessRestricted Content

November 12, 2011
 IBJ Staff
A teacher for 17 years, Carmel resident Janet Pillsbury opened her store in September to give shoppers more options.
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Carmel resident takes entrepreneurship plunge with Amy's PJsRestricted Content

November 5, 2011
 IBJ Staff
Amy Graham left her job as marketing director of a plastic surgery practice early this year to pursue her dream of running a high-end pajama boutique.
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HHGregg shares surge on strong quarterly profit

November 2, 2011
Scott Olson
HHGregg Inc.’s stock price shot up nearly 20 percent late Wednesday morning after the Indianapolis-based appliance and electronics retailer reported strong earnings.
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Purdue expert predicts modest bump in holiday shopping

November 1, 2011
American shoppers are expected to open their wallets just a little wider this holiday season, pushing sales up 2 percent to 4 percent, according to an estimate released today by the Purdue University Retail Institute.
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Drug theft is ongoing battle for pharmaciesRestricted Content

October 29, 2011
Chris O'Malley
Over the last 12 months, the Indiana Board of Pharmacy has conducted license litigation involving at least 35 pharmacy personnel statewide who've been accused of stealing drugs from work.
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Airport snags growing eyebrow boutiqueRestricted Content

October 15, 2011
 IBJ Staff
Simply Eyebrows is joining Indianapolis International's heralded collection of retailers.
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