Retailers

Holy Cross startup sees plenty of room for more craft brewers

December 18, 2010
Cory Schouten
A startup brewery called Flat 12 Bierwerks has ignited a revival along lonely Dorman Street in Holy Cross, one of the city’s oldest neighborhoods.
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TJX closing South Bend facility, cutting 725 jobs

December 14, 2010
 IBJ Staff
More than 700 workers will lose their jobs when an A.J. Wright distribution center in South Bend closes next year as part of as a national consolidation by parent TJX Cos.
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Longtime local Cadillac dealer loses fight to sell car

December 13, 2010
Francesca Jarosz
Tutwiler Cadillac, which has sold Cadillacs in the Indianapolis area for almost five decades, has lost its franchise despite a long battle with General Motors.
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Steak n Shake's annual profit sizzles

December 13, 2010
Scott Olson
The Indianapolis-based restaurant chain grew pretax profit in fiscal 2010 to $37.7 million, a 331-percent increase compared with the previous fiscal year.
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Online 'daily deals' coupons transform local advertisingRestricted Content

December 11, 2010
Cory Schouten
A big-dollar offer from Google for Groupon—the undisputed king of a U.S. daily deal industry already worth $2.5 billion a year—has emboldened an armada of coupon competitors looking to grab a piece of the fast-growing market.
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TJX closing A.J. Wright brand, cutting 4,400 jobs

December 10, 2010
Associated Press
Indianapolis has four A.J. Wright stores that are slated for conversions rather than closures.
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Feds charge Marsh with unfair labor practices

December 10, 2010
 IBJ Staff
The National Labor Relations Board filed a formal complaint after investigating charges that Marsh Supermarkets threatened and intimidated employees to discourage them from forming a union. The grocery chain also allegedly fired an employee for supporting the union.
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Renewed Sunday liquor fight to focus on money

November 30, 2010
Francesca Jarosz
Backers of the proposed legislation have begun touting a study estimating that as much as $9 million in additional tax revenue would be generated for Indiana by the allowance of Sunday sales.
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Retail giants hope to cash in on local flavor

November 27, 2010
Cory Schouten
National retailers from Macy’s to Walmart, Best Buy to Lowe’s—brands built on national scale and buying in bulk to lower costs and muscle out competitors—are offering a new proposition to customers: Help us become more local.
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Turkey Hill chain targets Indianapolis

November 20, 2010
Cory Schouten
A convenience-store chain called Turkey Hill Minit Markets is expanding into central Indiana. The chain opened its first Indianapolis store in October and plans to add at least five more by the end of 2011.
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Running store chain changes name, opens new shopRestricted Content

November 20, 2010
Anthony Schoettle
The Running Co., now BlueMile, expands into Louisville, looks to add more stores in and outside Indiana
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October retail sales post best showing since March

November 15, 2010
Associated Press
Much of the strength came from a big rise in auto sales. Excluding autos, retail sales rose a more modest 0.4 percent.
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Moe & Johnny’s owner files for bankruptcy reorganization

November 12, 2010
Scott Olson
Owner Chuck Mack says popular tavern and restaurant Moe & Johnny's, open in Broad Ripple since 1996, is in no danger of closing despite the Chapter 11 filing.
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Carmel strip mall fire starts in doughnut shop

November 11, 2010
Associated Press
The fire began at a Dunkin' Donuts shop Thursday morning, spread to a winemaking shop and threatened other businesses.
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HHGregg shares swoon after quarterly report

November 9, 2010
Scott Olson
HHGregg Inc.'s profit in its fiscal second quarter fell 20.4 percent from a year ago while expansion boosted revenue 45 percent.
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Finish Line cash hoard could draw out suitorsRestricted Content

November 6, 2010
Greg Andrews
Citigroup Capital Markets retail analyst Kate McShane has Finish Line near the top of her list of potential leveraged-buyout candidates.
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Marsh rolls out new name at certain stores

November 4, 2010
Francesca Jarosz
The name change could be part of a strategy to rebrand Hometown Markets and make them more appealing for an eventual sale.
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Don Marsh, grocery chain he led no closer to making peaceRestricted Content

October 30, 2010
Greg Andrews
Time has done nothing to settle a dispute between the former executive and the private equity firm that bought his family's business. They are gearing up for an October 2011 trial.
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Plans for Kroger-anchored center in west Carmel fall through

October 30, 2010
 IBJ Staff
The grocer might reconsider the Altum Garden's site if economic variables change.
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Old-school costume shop survives new competition

October 23, 2010
Sam Brattain
Costumes by Margie isn’t a strip mall box store full of packaged—and disposable—costumes for sale. The shop has a variety of clothing and accessories for rent and a staff, including owner Cheryl Harmon, ready to help put together whatever disguise a customer can dream up.
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Prospects for City Market brightening at lastRestricted Content

October 23, 2010
Francesca Jarosz
New tenants include fresh-item vendors such as a florist and produce shop, in addition to more healthful prepared foods such as juice, crepes and freshly prepared soup.
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Vera Bradley shares off to impressive start

October 21, 2010
Stock in the Fort Wayne-based company began trading Thursday morning at $16 but climbed as high as $23.90.
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Vera Bradley set to go public

October 20, 2010
Scott Olson
The Fort Wayne-based company is scheduled to begin trading as a public company Wednesday morning. The estimated offering price is $14 to $16 each, although a Morningstar analyst predicts the IPO could bring as much as $18 a share.
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Audio recording history on display in dealer's HQ

October 16, 2010
Sam Brattain
Van Ausdall & Farrar got its start when innovator Thomas Edison selected it as an Ediphone distributor. Since then, the company has been proud of its association with the American icon, and now Van Ausdall has its own in-house Voice Museum to pay homage to its history.
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Retailers opening new stores around Indy before holidays

October 16, 2010
 IBJ Staff
OshKosh B’gosh will open its first Indianapolis store next to The Fashion Mall at Keystone.
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