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Retailers
Analysts react positively to Finish Line purchase
September 1, 2011
Scott OlsonThe Indianapolis-based retailer's acquisition of an 18-store specialty running chain should produce better results than some
past miscalculations, analysts say.
MoreFinish Line acquires 18-store chain for $8.5M
September 1, 2011
The Indianapolis-based athletics retailer acquired the chain in order to enter the specialty running market. The stores are
located primarily in the eastern part of the country.
MoreCircle Centre wants Cinnabon out of mall
August 29, 2011
Scott OlsonA lawsuit filed by the downtown Indianapolis mall accuses Cinnaworks LLC, a franchisee of Cinnabon, of failing to pay its
$6,751-per-month rent.
MoreMarsh outsourcing distribution to East Coast firm
August 22, 2011
IBJ StaffMarsh Supermarkets Inc. plans to outsource distribution services for all 97 of its stores to C&S Wholesale Grocers Inc.
Marsh said 250 logistics workers will become employees for C&S.
MoreHHGregg shares plunge after rare quarterly loss
August 4, 2011
Cory SchoutenShares of electronics and appliance retailer HHGregg Inc. slumped more than 18 percent Thursday morning, to a two-year low,
after the chain reported its first quarterly loss in four years.
MoreRetailer HHGregg suffers rare quarterly loss
August 4, 2011
Scott OlsonThe appliance and electronics retailer on Thursday reported a loss of $800,000, or 2 cents per share, in its fiscal first
quarter ended June 30—just its second quarterly loss since going public in 2007.
MoreINSIDE DISH: 'Edibles' team returns with moveable feast
July 29, 2011
Mason King
Becky Hostetter and her husband, David, are applying lessons learned
from the implosion of Essential Edibles to their new health-conscious food trailer, Duos.
Prospects bright for Borders replacements
July 26, 2011
Cory SchoutenBrokers expect strong demand from other retailers, in part because the failed bookstore chain carefully chose its real estate,
opting for locations near concentrations of affluent and educated consumers.
MoreInspections find fewer Indiana underage alcohol sales
July 25, 2011
Associated PressState inspections found Indiana's bars, restaurants and liquor stores doing a much better job of not selling alcohol to
underaged Hoosiers.
MoreBorders liquidation another blow to retail real estate
July 21, 2011
Bloomberg NewsBorders Group Inc.’s proposed liquidation will increase available U.S. retail space by about 6.3 million square feet
as the industry struggles with near-record vacancy rates and stagnant rents.
MoreIrvington scores Ossip, set for streetscape project
July 19, 2011
Tom HartonThe Irvington retail trade area stands to get a big boost from two projects set to begin this fall: Ossip Optometry’s
renovation of a historic building and a $2.9M makeover of East Washington Street designed to make the business district a
draw for pedestrians.
MoreBorders turns the final page, will close all stores
July 18, 2011
IBJ Staff and Bloomberg NewsThe chain of bookstores will shutter its remaining 399 locations by September, including the few left in central Indiana.
Company brass blame the changing book industry, eReader revolution, and turbulent economy.
MoreMassage franchise expanding Indiana presence
July 13, 2011
Scottsdale, Ariz.-based Massage Envy plans to open nine new locations in Indiana in the next year. Five of those should be
in the Indianapolis area.
MoreMcNamara moving from Broad Ripple after 57 years
July 7, 2011
Scott OlsonThe florist is moving from the Broad Ripple retail space it has occupied since 1954. Local developer Buckingham Cos., which
purchased the property in 2000, is preparing for the redevelopment of Monon Place.
MoreMike's unveils new design for new carwashes
July 5, 2011
Kathleen McLaughlinTwo new carwash facilities in Anderson and West Lafayette will bring the Indianapolis-based chain to 39 stores.
MoreNew Marsh exec hopes to grow market share
July 1, 2011
Scott OlsonMarsh Supermarkets has hired grocery executive David C. Siegel to the new position of senior vice president of merchandising
and marketing strategic initiatives. He follows new CEO Joseph M. Kelley from Price Chopper in New York.
MoreINSIDE DISH: Italian eatery tables expansion amid downturn
June 17, 2011
Mason King
Aaron O'Mara, co-owner of Augustino's, expected to open several
locales until the economic downturn and a dip in sales scuttled those plans. Now he hopes to hold the line.
Airport Borders store on bankrupt chain's hit list
June 14, 2011
Maria LaMagnaIndianapolis International Airport officials could know by next week whether the Borders bookstore inside the terminal will
survive a third round of store closures tied to the chain’s Chapter 11 bankruptcy proceedings.
MoreR.Lynda clothing boutique pulls plug on venture before opening
June 11, 2011
IBJ StaffConstruction of the shop at Traders Point Shopping Center was already underway.
MoreLocally based Business Furniture expands into Illinois, Iowa
June 11, 2011
Anthony SchoettleNew markets to be added later this year are expected to double the company's sales within five years.
MoreEco-friendly downtown supply store closes
June 9, 2011
Chris O'MalleyGreen Way Supply, a pioneering green construction products store, has gone out of business, but one of its partners is planning
a new building supply store with mix of green and traditional products.
MoreMagistrate reverses David Marsh deposition ruling
June 9, 2011
Scott OlsonCiting new information, U.S. Magistrate Tim A. Baker now says lawyers for Marsh Supermarkets can depose David A. Marsh, son
of the company's former CEO, Don Marsh. Baker previously ruled that he couldn't be deposed.
MoreFinish Line settles with former employee
June 3, 2011
The Indianapolis-based athletics retailer agreed to pay $38,000 to the worker after the Equal Employment Opportunity Commission
claimed it violated federal law by firing her because of a physical disability.
MoreHHGregg gets 'Help' from Beatles to sell big screens
June 3, 2011
J.K. WallThe Indianapolis-based retailer launched its first national advertising campaign using the tagline “We Help” and
the Beatles song “Help!” as its soundtrack.
MoreCircle Centre can survive Nordstrom exit, experts say
May 28, 2011
Cory SchoutenAnchor store Carson Pirie Scott negotiated a new lease in January, giving the downtown mall added stability at a key time.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.