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Retailers
Eateries cash in on TV appearance
September 2, 2010
Scott OlsonOwners of Edwards Drive In and Bub's Burgers & Ice Cream say they've experienced a large uptick in business after being featured
last month on the Travel Channel's popular "Man v. Food" show. Now Indianapolis' Flying Cupcake and West Coast Tacos are hoping
for their time in the spotlight, too.
MoreSimon sees improving retail conditions, analyst says
August 31, 2010
IBJ Staff and Bloomberg NewsSimon Property Group Inc. said retailers
leasing space in its malls have managed to weather the economic downturn and are already eyeing recovery plans for when the
economy improves.
MoreProperty at busy crossroads finally attracts buyer
August 31, 2010
Tom HartonEnvironmental and zoning issues had made the property at the southwest corner of Keystone Avenue and Kessler Boulevard difficult
to sell.
MoreMetropolis mall purchased by Israel firms
August 30, 2010
Aviv Arlon Global Ltd. pays $52 million for shopping center, which was in court-appointed receivership. Former real estate
firm Premier
Properties USA Inc. developed Metropolis, with an investment of $160 million.
MoreFuneral company in 129th year keeps fresh perspective
August 28, 2010
Joe JasinskiFlanner and Buchanan Funeral Centers sometimes stretches the definition of “funeral” to stay relevant after nearly
130 years. The family-owned business began downtown and has grown northward along with the city’s population. Today,
it has 14 funeral centers and conducted 2,200 funerals last year.
MoreStrong Shoe Carnival profit beats estimates
August 26, 2010
Sales of toning footwear helped the Evansville-based company post record earnings in its fiscal second quarter.
MorePopular toning shoes give big boost to The Finish Line
August 21, 2010
Cory SchoutenDespite controversy over whether they live up to their hype, so-called toning shoes—a category created from thin air
just a few years ago—are flying off store shelves nationwide and are on pace to ring up almost $1 billion in revenue
this year.
MoreIndianapolis retailers plan new stores, relocations
August 14, 2010
IBJ StaffA new restaurant near Lucas Oil Stadium is among several new or relocated retailers around the city.
MoreSimon mall deal gives big boost to cell-phone coupons
August 11, 2010
Associated PressThe partnership between Simon Property Group and technology company Shopkick Inc. is a
big step in realizing retailers' long-held dream of using cell phones to beam ads and coupons to people passing by.
MoreINSIDE DISH: Kelties eyes return to salad days
August 6, 2010
Mason King
Owner and chef Keltie Domina is relying on cost-cutting, an uptick in sales and her talent for shifting strategies
to dig out of a recession-based deficit.
New store openings drive HHGregg profit
August 5, 2010
Indianapolis-based appliance and electronics retailer opened 26 new stores in its fiscal first quarter and earned $2.7 million
in profit.
MoreNordstrom confirms plans to open Rack store in Indianapolis
August 4, 2010
IBJ StaffIBJ first reported in May that Kite Realty Group Trust had recruited Nordstrom Rack and The Container Store as likely
anchors of a redevelopment of the Shops at Rivers Edge.
MoreUPDATE: Walgreens goes 0-for-4 in pursuit of liquor permits
August 2, 2010
Scott OlsonDrug store chain pulls two applications, while local board rejects its request to sell booze at a store on East Washington
Street and deadlocks on a 2-2 vote regarding a store on East 86th Street.
MoreMarsh workers seek union election at local store
July 12, 2010
Local 700 said worker interest in union representation began to rise at Marsh Supermarkets after Florida-based private equity
group Sun Capital Partners acquired the grocery chain in 2006.
MoreHat World's new strategy looks beyond the noggin
July 10, 2010
Greg AndrewsHere’s the business plan: Expand from hat retailing into two new segments—licensed sports apparel and team-sports
equipment—and benefit from the synergies among them.
MoreTaco trio takes unusual road to entrepreneurship
July 7, 2010
Scott OlsonFormer soldier, disc jockey and nurse get off to a fast start selling hand-held food from a mobile unit.
MoreBroad Ripple baker opens downtown coffee shop
July 6, 2010
Kathleen McLaughlinRene's Bakery Inc. of Broad Ripple opened its first satellite location, Cafe Rene, Tuesday morning at 50 S. Meridian St.
MoreGroup tries to turn Sunday booze ban into July 4 fireworks
June 28, 2010
J.K. WallAn alliance of drugstores, groceries and gas stations is using the July Fourth holiday—which falls this year on Sunday—to
drum up more support for ending Indiana’s ban on Sunday retail sales of alcohol.
MoreINSIDE DISH: Goose the Market laying golden eggs
June 25, 2010
Mason King
Envisioned by Christopher Eley as a one-man butcher shop, Goose has
grown in three years to a 12-person operation trending for $1 million in sales.
Walgreens gets final OK to sell booze at 14 local stores
June 15, 2010
IBJ StaffThe stores are expected to start selling alcohol within a month following unanimous approval of the Indiana Alcohol & Tobacco
Commission.
MoreCircle Centre sues restaurant Bella Vita over unpaid rent
June 11, 2010
Peter SchnitzlerItalian restaurant that took over high-profile mall space in January is being sued by the landlord for $96,523.23.
MoreHat World expansion to create 571 jobs in Indianapolis
June 10, 2010
IBJ StaffHat World, a subsidiary of Nashville, Tenn.-based Genesco Inc., said it plans to invest up to $22 million to lease and prepare
additional space locally as it consolidates manufacturing and warehouse operations from Wisconsin.
MoreIndoor amusement center could have new owner
June 9, 2010
Springfield, Mo.-based America's Incredible Pizza Company is negotiating to purchase Xscape and could have a deal finalized
as soon as Wednesday.
MoreWalgreen gets OK to sell booze at 18 more stores
June 7, 2010
Scott OlsonThe Local Alcoholic Beverage Board of Marion County recommended permits for 18 of the 28 stores for which Walgreens is seeking
to sell alcohol. Approval by the Indiana Alcohol Tobacco Commission could happen as soon as June. 15.
MoreDeal adds Verizon Wireless kiosks to all HHGregg stores
June 7, 2010
Peter SchnitzlerMarion-based The Cellular Connection expects to add 500 jobs in 15 states as a result of the agreement with HHGregg.
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Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.