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Retailers
Lululemon Athletica, Five Below to open Indianapolis stores
May 28, 2011
IBJ StaffYoga apparel specialist, store geared toward teens plan local presence.
MoreNordstrom: Weak sales prompting closure of Circle Centre store
May 26, 2011
Scott OlsonCompany President Erik Nordstrom said sales have fallen by half at the Circle Centre mall store since Nordstrom opened a Keystone
Crossing location in 2008. The downtown store will close July 31.
MoreHHGregg's profit, revenue rise, but same-store sales fall
May 26, 2011
IBJ StaffIndianapolis-based HHGregg boosted its fourth-quarter profit thanks to 42 stores that opened during 2010, off-setting decreased
sales at retail locations operating for more than a year.
MoreLawyers for Marsh Supermarkets can’t depose David Marsh
May 23, 2011
Scott OlsonA federal magistrate ruled in favor of David Marsh in an attempt by lawyers for Marsh Supermarkets to depose him in the company's
lawsuit against his father, ex-CEO Don Marsh.
MoreHoosiers finally score one of Foot Locker's House of Hoops
May 21, 2011
Cory SchoutenFinish Line's main competitor had bypassed Indianapolis at it chose locations for its concept store that sells Nike-brand
basketball shoes and apparel.
MoreFrozen yogurt hot item on local retail scene
May 21, 2011
Marc D. AllanFrozen yogurt businesses are sprouting up all over the Indianapolis area, with owners hoping to cash in on the public’s
appetite for what they perceive as a healthy treat.
MoreMarsh Supermarkets settles IRS issue in suit against ex-CEO
May 20, 2011
Scott OlsonA new brief in a lawsuit against former CEO Don Marsh alleges he had an affair with a Russian ice ballet director, bankrolled
with company funds.
MoreCity's last independent map retailer set to fold
May 19, 2011
Scott OlsonOdyssey Map Store in downtown Indianapolis will close Aug. 31 after a 27-year run. The owners attribute the closing to the
proliferation of GPS devices and smart phones.
MoreCommon sense might not keep you from being carded
May 15, 2011
Associated PressThe revised law that takes effect July 1 requires that only those who appear to be younger than 40 show ID when buying alcohol.
But some retailers who embraced the stricter provisions say they're not ready to give customers the benefit of the doubt.
MoreNew Fountain Square brewery shoots for August opening
May 12, 2011
Cory SchoutenThe owners of a new microbrewery in Fountain Square, slated to open by mid-August, plan to differentiate the business by focusing
on the "convergence of art and science" in brewing.
MoreMen's store Jos. A. Bank plans downtown location
May 6, 2011
Cory SchoutenThe men's clothing chain Jos. A. Bank plans to open a new store at Meridian and Washington streets in a much-needed vote
of confidence for street-level retail downtown.
MoreShort-time CFO altered course at Marsh Supermarkets
April 30, 2011
Greg AndrewsJohn Elbin forced the ailing grocery chain to confront its problems during his five months with the company.
MoreSimon Property results improve as store rents climb
April 29, 2011
Bloomberg NewsSimon Property Group Inc., the largest U.S. shopping-mall owner, said funds from operations rose 75 percent in the first quarter
as retail sales climbed.
MoreGreenwood Shoppes seeks bankruptcy reorganization
April 22, 2011
Scott OlsonThe shopping center on U.S. 31 is the third Broadbent-operated strip mall to fall into bankruptcy and its second in Greenwood
to claim financial problems.
MoreSunday alcohol sales backers make final push
April 18, 2011
Francesca JaroszProposed legislation that would allow grocery stores in Indiana to sell cold beer and alcohol on Sundays faces an uphill battle
in the General Assembly.
MoreLongtime City Market tenant fighting move
April 18, 2011
Scott OlsonEnzo Pizza is refusing to vacate its space in the historic structure and is suing to stop construction to convert the east
wing, where it's located, into a bicycle hub.
MorePop-up retailers emerging in Indianapolis
April 16, 2011
Marc D. AllanWith the retail vacancy rate hovering around 13 percent locally and nationally, temporary retailers are becoming a fact of
life in malls, strip malls and downtowns around the country.
MoreAmusement center set for Clearwater area
April 15, 2011
Cory SchoutenAn entertainment venue featuring a bowling alley, concert hall and restaurant is set to replace a vacant movie theater.
MoreLandlord seeking to evict Jillian's over unpaid rent
April 15, 2011
Scott OlsonThe landlord of the downtown building that houses Jillian's, which filed for bankruptcy protection earlier this week, wants
the restaurant and entertainment complex out of its building, alleging the tenant owes nearly $700,000.
MoreHofmeister jewelry business files Chapter 11
April 15, 2011
The northeast-side retailer listed assets of nearly $3.8 million and liabilities of $5.4 million. Much of the debt includes
a bank loan and money owed to suppliers for inventory.
MoreDowntown Jillian’s restaurant owner files Chapter 11
April 13, 2011
Scott OlsonLocally based FB&F Entertainment LLC, which operates downtown restaurant and entertainment complex Jillian's, lists no assets
and liabilities of nearly $2.2 million.
MoreMarsh CEO Lazaran leaving company; successor picked
April 13, 2011
IBJ StaffSupermarket News, citing unnamed industry sources, reported late Tuesday that former Price Chopper executive vice president
Joseph Kelley would replace Frank Lazaran, who has been CEO of Marsh Supermarkets since 2006.
MoreIndiana retailers press for online state sales tax
April 11, 2011
Associated PressIndiana's retail lobby urged state lawmakers Monday to pass an online sales tax provision that they said would level the
playing field for businesses in the state and raise hundreds of millions of dollars in revenue.
MoreJ.C. Penney closing warehouse, cutting 230 jobs
April 7, 2011
Associated PressJ.C. Penny Co. says it plans to close a warehouse in Plainfield by September 2012.
MoreLawmakers still at odds over alcohol ID age requirement
April 7, 2011
Associated PressIndiana legislators are disagreeing about how old someone should look before they have to provide identification when buying
alcohol.
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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.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.