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Retailers
HHGregg adds furniture, exercise gear as TV sales fall
November 2, 2012
Cory SchoutenHHGregg Inc. is looking for ways to boost sales at its 224 stores in coming months as the homegrown company fights to offset
a huge drop in TV sales. The retailer reported a big decline in quarterly revenue Friday, but its shares soared nearly 19
percent.
MoreLids buying 12 stores from Florida-based Fanatics chain
November 1, 2012
The purchase includes nine FansEdge locations in the Chicago area and one in Oklahoma, in addition to two Football Fanatics
stores in Jacksonville, Fla.
MoreSmall businesses share space to find efficiencies
October 27, 2012
Andrea Muirragui DavisPopular waxing spa The Naked Monkey is set to open its third location Nov. 1—a “Mini Monkey” inside MDG
Salon | Studio’s new space downtown. The independent businesses are sharing space to cut costs.
MoreIndiana Fever, Finish Line reach jersey sponsorship
October 19, 2012
IBJ StaffIndiana Fever players will wear a prominent Finish Line logo on the front of their uniforms as part of a major sponsorship
deal with the Indianapolis-based athletic apparel retail chain, team officials announced Friday afternoon.
MoreINSIDE DISH: New partners boost sales at Pure
October 12, 2012
Mason King
Receipts at the locavore's haven in Fountain Square have surged
since February, when two new partners took over day-to-day management, redefined the space, expanded the menu and turned its
hours of operation upside down.
Gerdt Furniture closing Castleton location
October 3, 2012
Scott OlsonThe 26-year-old store at 8602 Allisonville Road is liquidating its merchandise and is marking down prices as much as 70 percent.
Gerdt's original and lone remaining store, in Southport, will stay open.
MoreFinish Line boosts earnings outlook on Macy’s deal
September 28, 2012
Scott OlsonThe Indianapolis-based athletic apparel retailer expects its sales to grow by $250 million to $350 million a year as a result
of a deal with Macy's Inc. to become the department store chain's exclusive athletic footwear partner.
MoreKennedys sell interests in running store chain
September 27, 2012
Anthony SchoettleBob and Melina Kennedy have sold their assets in BlueMile, a chain of running and fitness stores they founded 12 years ago
as The Running Co. Co-founders Ashley and Andrea Johnson are now sole owners.
MoreWomen's retailer plans $37M expansion, 242 jobs
September 27, 2012
New York-based Ascena Retail Group, whose female clothing brands include Justice, Lane Bryant, Maurices and Dressbarn, plans
to transform its 794,000-square-foot warehouse in Greencastle into an e-commerce distribution hub.
MoreHHGregg shares slide as company abandons Michigan plans
September 26, 2012
Scott OlsonThe stock price of the Indianapolis-based appliance and electronics retailer fell by more than 18 percent this week after
the company disclosed that it is postponing plans to open stores in Michigan.
MoreBiglari agrees to antitrust fine in Cracker Barrel deal
September 26, 2012
Bloomberg NewsThe chain-restaurant operator that owns Indianapolis-based Steak n Shake has agreed to pay $850,000 to settle procedural antitrust
violations stemming from its purchase of shares in Cracker Barrel Old Country Store Inc.
MoreWal-Mart again attempting to build in Zionsville
September 20, 2012
Scott OlsonWal-Mart Stores Inc. has filed new plans to build a store along Michigan Road in Zionsville, six years after the town rebuffed
its original proposal that drew the ire of local residents and merchants.
MoreIndianapolis jeweler shot during home break-in
September 16, 2012
Associated PressIndianapolis police say jeweler Gary Thrapp of G. Thrapp Jewelers was in stable but serious condition Sunday after being shot
when two people broke into his home.
MoreMainGate, Lids score Super Bowl merchandise deals
September 15, 2012
Anthony SchoettleA pair of Indianapolis-based companies recently scored the largest single-event deal in the world of U.S. sports licensing,
unseating 24-year incumbent Facilities Merchandising Inc. to win lucrative deals at the 2013 Super Bowl in New Orleans.
MoreMillcraft hoping to fill downtown paper-supply void
September 13, 2012
Scott OlsonMillcraft Paper Co. is set to move from the far east side to downtown Indianapolis on Sept. 24 in hopes of filling a void
left a few months ago by the closing of Arvey Paper & Office Products.
MoreFinish Line stock falls after analyst's downgrade
September 13, 2012
Associated PressAn analyst downgraded The Finish Line Inc.'s stock on Wednesday, saying that the Indianapolis-based sneaker and athletic
clothing retailer will likely continue to lose share to rival Foot Locker.
MoreHHGregg posts quarterly loss on poor TV sales, as expected
August 2, 2012
Scott OlsonDisappointing sales at stores open at least a year dragged Indianapolis-based HHGregg Inc. to a rare quarterly loss, the appliance
and electronics retail chain said on Thursday.
MoreFashion Mall landlord suing tenant over unpaid rent
July 30, 2012
Scott OlsonA division of Simon Property Group Inc. is suing Brisbane, Calif.-based Bebe Stores Inc., claiming the women's clothing retailer
owes it $64,000 in unpaid rent.
MoreJ.C. Penney sells Simon Property stake for $248M
July 23, 2012
Associated PressJ.C. Penney Co. said Monday that it is selling the bulk of its interest in mall developer Simon Property Group Inc. for $248
million as it focuses on its core business.
MoreLids division renews contract with IUPUI
July 23, 2012
Under the five-year deal, Nike will maintain its status as the official outfitter of all student athletes on the 16 varsity
sports teams at IUPU. The initial deal was signed in October 2009. Terms of the current agreement were not disclosed.
MoreHHGregg setbacks reflect deeper woes, some fear
July 21, 2012
Greg AndrewsRetailer's operating income is the same as five years ago, even though it has triple the number of stores.
MoreU.S. retail sales sink for third straight month
July 16, 2012
Associated PressRetail sales fell 0.5 percent in June from May, the Commerce Department said Monday. Consumers spent less on autos, furniture,
appliances, on building and garden supplies, and at department stores.
MoreHHGregg shares plummet on new earnings forecast
July 11, 2012
IBJ Staff and Associated PressHHGregg Inc. shares plunged Wednesday after the Indianapolis-based appliance and electronics retailer said it expects to report
a wider first-quarter loss because of weak sales in its video business. It also cut its full-year outlook.
MoreMarsh closing three grocery stores in central Indiana
July 10, 2012
Scott OlsonMarsh Supermarkets Inc. confirmed Tuesday afternoon that it is closing stores in Greenwood, Anderson and Martinsville. Many
employees will get a severance package or an option to transfer to another location.
MoreHofmeister files bankruptcy reorganization plan
July 6, 2012
Dan HumanHofmeister Personal Jewelers Inc. plans to pay off its creditors over seven years as part of the well-known Indianapolis retailer’s
bankruptcy restructuring.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.