Retailers

Famous handbag maker hits local retailers with lawsuits

March 31, 2010
Kathleen McLaughlin
In an effort to crack down on knockoffs, famous handbag designer Coach Inc. has hit at least three local retailers with trademark-infringement lawsuits.
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Fishers Town Council delays vote on $19M auto mall

March 29, 2010
 IBJ Staff
If the council gives its blessing, construction could begin this spring on Butler Automotive Group's five-dealership development along State Road 37. About 230 jobs could be created.
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Shoe Carnival profit beats estimates

March 18, 2010
Evansville-based shoe and apparel retailer reports strong sales of boots and athletic footwear.
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Hearings on Walgreens' bid to sell alcohol continued

March 1, 2010
Scott Olson
The Illinois-based drugstore chain is seeking to sell beer and wine at 29 of its stores in Marion County. Opponents argue that the county already has granted enough permits.
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HHGregg's faster growth boosts risk, potential rewardsRestricted Content

February 13, 2010
Greg Andrews
HHGregg Inc. had been in business nearly a half century when it hit the 50-store mark in 2004. It plans to open nearly that number within the next year.
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Kmart closing adds to Connersville jobless woes

February 11, 2010
Kmart's announcement that it will close its store in Connersville in May will put 59 employees out of work. Fayette County, where the city is located, already is strapped by steep job losses.
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Prominent local car dealer Tom Wood dies

February 4, 2010
Indianapolis car dealer Tom Wood died Thursday morning after battling lung cancer. Wood grew his business from a single dealership he purchased in 1967.
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Movie Gallery files second bankruptcy in two years

February 4, 2010
Bloomberg News
The second-largest company in the movie-rental business behind Blockbuster Inc. is immediately closing 760 locations. The chain operates 14 stores in central Indiana, according to its Web site.
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HHGregg's profit, sales rise

February 4, 2010
HHGregg's profit and revenue both increased in its fiscal third quarter, despite a slight dip in same-store sales. The opening of 19 stores helped offset the decrease.
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Independent bookstore in Carmel ends seven-year run

January 30, 2010
 IBJ Staff
The Mystery Co. in the Arts & Design District plans to host a farewell party Jan. 30, and close for good a few days later.
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Steak n Shake posts profit, plans new corporate name

January 29, 2010
Associated Press
Steak n Shake Co. said Friday it posted a fourth-quarter profit, and said it is planning to change its corporate name to Biglari Holdings Inc.
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Panel OKs bill to provide pet buyers with info

January 27, 2010
Associated Press
The bill would require pet stores to put information about the dog or cat on its cage in the store, including the animal's medical history, the name of the breeder and any congenital disorders.
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Rising credit card fees eroding retailers' profits

January 23, 2010
Peter Schnitzler
Businesses say the money they must pay to provide customers the convenience to use plastic adds up. For example, Ricker Oil Co. paid a whopping $3.9 million in 2009, according President Jay Ricker.
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Finish Line forfeits incentive deal

January 20, 2010
Cory Schouten
Mall retailer The Finish Line Inc. has agreed to forfeit a potentially lucrative tax-abatement deal because it won't be able to meet a 2008 promise to create almost 200 jobs and invest $24 million at its Indianapolis headquarters.
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Shoppers World taking former Target space on U.S. 31 South

January 16, 2010
 IBJ Staff
The New York-based department store has one other location in Indianapolis, in Lafayette Square Mall. That store opened in 2008.
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HHGregg shares fall after analyst downgrade

January 13, 2010
 IBJ Staff and Associated Press
Customers are buying fewer high-priced big-screen TVs from electronics chain HHGregg Inc., an analyst said Tuesday as he lowered his investment rating on the company's stock.
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Kittle's Furniture shuffles executives, names new CEO

January 12, 2010
Jim Kittle Jr., the company's owner and chairman of the board, will be less involved in daily operations, giving two executives more responsibility.
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Cash-flush Finish Line likely to open new stores

December 23, 2009
Scott Olson
With an improved balance sheet and $150 million in its pocket, the athletic-gear retailer is looking at new locations and improving its online shopping hub.
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Steak n Shake plans 20-1 reverse stock split

December 15, 2009
Cory Schouten
The Steak n Shake Co., in an unusual gambit, plans to initiate a reverse stock split that would reduce its number of shares outstanding from almost 29 million to just 1.4 million and boost its per-share price from roughly $12 to $240.
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Stout's Shoes still in step after 123 years

December 12, 2009
Brock Benefiel
After more than a century in business, Indianapolis-based Stout’s Footwear Co. isn’t just surviving. It also is proceeding with plans to open a store next year on the city’s north side.
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Alcohol distributor fights decision allowing big competitor into Indiana

November 28, 2009
J.K. Wall
National Wine & Spirits Inc. suffered a staggering reversal of fortune when the Indiana Alcohol and Tobacco Commission ruled Nov. 5 that Southern Wine & Spirits of America Inc. could distribute here.
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Patachou owner's pizzeria receives variance approval

November 24, 2009
Scott Olson
Cafe Patachou owner Martha Hoover can now move forward with plans to open a pizzeria next to her trademark eatery at 49th and Pennsylvania streets.
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Airport retailers want relief from street pricing policy

November 21, 2009
Chris O'Malley
Airport concessionaires stung by a 10-percent drop in passenger traffic have asked the Indianapolis Airport Authority to ease a policy that was implemented more than 10 years ago to keep prices in line with what consumers pay outside the airport.
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Boot, apparel sales boost Shoe Carnival profit

November 20, 2009
Shoe Carnival Inc.'s quarterly same-store sales, which measure revenue from locations open at least a year, climbed 10.2 percent.
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Retailers surprisingly upbeat as they head into holidaysRestricted Content

November 14, 2009
Greg Andrews
Those in the trenches say this won't be a blockbuster Christmas, but it won’t be horrid, either.
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  1. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

  2. Andrew hit the nail on the head. AMTRAK provides terrible service and that is why the state has found a contractor to improve the service. More trips, on-time performance, better times, cleanliness and adequate or better restrooms. WI-FI and food service will also be provided. Transit from outlying areas will also be provided. I wouldn't take it the way it is but with the above services and marketing of the service,ridership will improve and more folks will explore Indy and may even want to move here.

  3. They could take the property using eminent domain and save money by not paying the church or building a soccer field and a new driveway. Ctrwd has monthly meetings open to all customers of the district. The meetings are listed and if the customers really cared that much they would show. Ctrwd works hard in every way they can to make sure the customer is put first. Overflows damage the surrounding environment and cost a lot of money every year. There have been many upgrades done through the years to help not send flow to Carmel. Even with the upgrades ctrwd cannot always keep up. I understand how a storage tank could be an eye sore, but has anyone thought to look at other lift stations or storage tanks. Most lift stations are right in the middle of neighborhoods. Some close to schools and soccer fields, and some right in back yards, or at least next to a back yard. We all have to work together to come up with a proper solution. The proposed solution by ctrwd is the best one offered so far.

  4. Fox has comments from several people that seem to have some inside information. I would refer to their website. Changed my whole opionion of this story.

  5. This place is great! I'm piggy backing and saying the Cobb salad is great. But the ribs are awesome. $6.49 for ribs and 2 sides?! They're delicious. If you work downtown, head over there.

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