Retailers

Greenfield gun seller, others seeing run on guns

January 8, 2013
Associated Press
Gun enthusiasts are snapping up weapons faster than they can be replenished. And applications for gun permits spiked sharply toward the end of 2012.
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Investor: Kroger missed chance to buy ‘linchpin’ propertyRestricted Content

January 5, 2013
 IBJ Staff
Owner of real estate near 16th and Central says grocery chain showed little interest, but Kroger says it still wants property to make way for new downtown store.
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Finish Line suffers surprising quarterly loss

January 4, 2013
 IBJ Staff
The earnings fell short of predictions by analysts polled by Thomson Reuters, which recently forecast per-share earnings of 10 cents on revenue of $296 million.
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Gerdt Furniture to close doors after 53-year run

December 21, 2012
 IBJ Staff
The last remaining store for the family-owned business, which recently shuttered its Castleton location, will stage a liquidation sale on Dec. 28.
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Stores brace for snow during final shopping days

December 20, 2012
Associated Press
With sales during the holiday shopping season disappointing so far, the nation's retailers are depending even more on these final days leading up to Christmas for a boost in business. Retailers are hoping the storm won't change shoppers' plans.
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Landmark Anderson drugstore closes after 80 years

December 20, 2012
Associated Press
Howard Gwinn worked as a teacher and a Chicago-based pharmacist before opening shop at Fifth Street and Madison Avenue in Anderson in 1932. The drugstore he founded was a neighborhood fixture until closing Wednesday night.
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Retail, apartment blitz hits Fishers

December 8, 2012
Cory Schouten
It seems as if all of Fishers is under construction—and not just the perpetual improvements to Interstate 69. Developers have lined up a multitude of deals adding residential and commercial space, projects that are coinciding with the town’s recent voter-approved transition to a city.
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As Simon soars, two big mall anchors retrenchRestricted Content

December 1, 2012
Greg Andrews
Are Simon investors overlooking the potential fallout from trouble at two of the mall giant’s biggest tenants, Sears and JCPenney?
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Retailers report weak sales gains for November

November 29, 2012
Associated Press
Major retailers such as Kohl's, Target and Macy's on Thursday reported slow sales in November as a strong start to the holiday shopping season wasn't enough to fully offset a slow start to the month caused by Superstorm Sandy.
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Upscale grocer Fresh Market planning Fishers store

November 27, 2012
 IBJ Staff
Specialty grocery chain The Fresh Market is planning its third store in the Indianapolis area, this time at 116th Street and Cumberland Road in Fishers.
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Experts predict 20-percent growth in Cyber Monday shopping

November 26, 2012
 IBJ Staff and Associated Press
This year's Cyber Monday could be the biggest online shopping day of the year for the third year in a row. Indianapolis-based retailers The Finish Line and HHGregg are among those offering Cyber Monday specials.
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Small stores vie for slice of holiday-shopping pieRestricted Content

November 24, 2012
Andrea Muirragui Davis
National retailers are licking their chops over the $586 billion consumers are expected to spend during the holiday season, and small-business owners also are bellying up to the buffet.
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South-side shopping center fills up on shoes, furnitureRestricted Content

November 24, 2012
Shoe Carnival, Rooms Express will bring Southport Plaza to full occupancy for the first time in four years.
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Marsh Supermarkets names new CEO from ranks of A&P

November 15, 2012
Cory Schouten
The parent company of Marsh Supermarkets has picked a new CEO to lead the locally based grocery chain.
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Dry cleaners' solvents taint Martinsville's waterRestricted Content

November 3, 2012
Chris O'Malley
The U.S. Environmental Protection Agency recently proposed placing the city of Martinsville on its Superfund priority list, citing groundwater contamination traced to several former dry cleaning shops in the heart of town.
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Dry cleaners moving to 'perc' alternativesRestricted Content

November 3, 2012
Chris O'Malley
One of the region’s largest dry cleaning companies recently washed its hands of perchloroethylene, the dry cleaning chemical at the heart of about 170 cleaner site cleanups statewide.
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HHGregg adds furniture, exercise gear as TV sales fall

November 2, 2012
Cory Schouten
HHGregg 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.
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Lids 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.
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Small businesses share space to find efficienciesRestricted Content

October 27, 2012
Andrea Muirragui Davis
Popular 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.
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Indiana Fever, Finish Line reach jersey sponsorship

October 19, 2012
 IBJ Staff
Indiana 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.
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INSIDE DISH: New partners boost sales at Pure

October 12, 2012
Mason King
Dish Pure Watch videoReceipts 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.
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Gerdt Furniture closing Castleton location

October 3, 2012
Scott Olson
The 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.
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Finish Line boosts earnings outlook on Macy’s deal

September 28, 2012
Scott Olson
The 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.
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Kennedys sell interests in running store chain

September 27, 2012
Anthony Schoettle
Bob 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.
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Women'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.
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