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Retailers
Hofmeister 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.
MoreHardware store slated for Meridian Street building
April 5, 2011
Scott OlsonCity grants approval Tuesday morning for the reuse of Meridian Street building that WFYI vacated in May 2008.
MoreLOU'S VIEWS: The closing of Borders ... read it and weep
March 26, 2011
Lou HarryThe coffee smell dissipates. The signs drop from 25%-50% off to 40%-60% off. Shelves of books migrate from soon-to-be-closed-off
sections to empty shelf space elsewhere, causing category labels to lose their meaning. Customers linger, wondering if a novel
unworthy of their $24 might be worthy of $12. This is how it ends for Indianapolis’ only downtown full-service bookshop.
MoreToning-shoe trend fading, but doesn't trip up Finish Line
March 25, 2011
Cory SchoutenThe toning trend in athletic shoes apparently has run its course. Sales of the oddly shaped shoes fell more than 45 percent
in the fourth quarter for The Finish Line Inc., but the local retailer still posted improved profit and revenue.
MoreFinish Line reports rise in quarterly earnings, sales
March 25, 2011
Associated PressThe Indianapolis-based retailer earned $34.3 million in its fiscal quarter, compared with $30.6 million a year ago. Revenue
rose 2.7 percent, to $384.6 million.
MoreLuna Music closes Mass Ave. store
March 24, 2011
Scott OlsonClosure leaves locally owned independent record shop with one location, in Meridian Kessler, as the industry struggles to
compete with digital downloading.
MoreAltum’s staying put at current west Carmel location
March 23, 2011
Scott OlsonThe nursery on Michigan Road had planned to move to a smaller piece of land about four miles north, but hasn't found a buyer.
Kroger nixed a deal to buy its property last fall.
MoreSTYLE: A pair of local designers rack up retail space
March 19, 2011
Gabrielle PoshadloWhile most local designers have thus far forgone the operating cost of a brick-and-mortar boutique, these opt for a tangible
location
MoreBorders closing another local bookstore
March 18, 2011
IBJ StaffThe Ann Arbor, Mich.-based bookstore chain, which filed for Chapter 11 bankruptcy reorganization last month, announced yesterday
it would close the Border’s store in the Shops at River Crossing near the Fashion Mall.
MoreShoe Carnival reports record annual profit
March 18, 2011
The Evansville-based shoe and apparel retailer said it earned $26.8 million in its last fiscal year. The company also reported
record same-store sales.
MoreRetail chain Family Leisure finding new identity
March 12, 2011
Cory SchoutenRecreational product superstore Family Leisure changed its name from Watson's two years ago, but it could take years before
the company led by Kevin Prefontaine builds the kind of brand equity tied up in the old name.
MoreLaw student taps connections for shoe startup
March 11, 2011
Kathleen McLaughlinArsene Millogo is sitting out the current semester at IU School of Law-Indianapolis to work on his own line of running shoes,
a startup he and three friends financed with more than $50,000 of their own money.
MoreRetail sales up 1 percent in February
March 11, 2011
Associated PressShoppers snapped up new cars, clothing and electronics gadgets in February, pushing retail sales up for the eighth straight
month.
MoreINSIDE DISH: Arsenal owners' ploy is gaming plus grubbing
March 4, 2011
Mason King
Gameroom
lords Andrew Chang and Troy Branam want players to come for Dungeons & Dragons and stay for the Wizards Gumbo.
Appellate court upholds state alcohol permit quotas
March 4, 2011
Scott OlsonJudges' decision deals blow to state's package liquor stores, which sought to stop the Indiana Alcohol and Tobacco Commission
from issuing new permits until the judges could clarify state quota laws.
MoreBlockbuster selling movie-rental chain to creditors
February 22, 2011
IBJ Staff and Bloomberg NewsThe bankrupt chain will immediately close 609 stores. The company declined to comment on whether any of the 20-some stores
in the Indianapolis area will be among the casualties.
MoreMarsh agrees to settle labor complaint
February 17, 2011
IBJ StaffMarsh Supermarkets Inc. has agreed to pay a total of $42,500 to settle a National Labor Relations Board case accusing the
grocery chain of interfering with workers’ attempts to unionize.
MoreUPDATE: Borders files bankruptcy, to close 2 area stores
February 16, 2011
IBJ Staff and Bloomberg NewsBorders will close its downtown-Indianapolis and Carmel stores as part of its plan to shutter about 30 percent of its stores
nationally.
MoreRetail sales rise again despite severe weather
February 15, 2011
Associated PressShoppers pushed retail sales up for a seventh straight month in January, but the increase was the weakest since June.
MoreInspectors find Indiana tobacco sales to minors declining
February 14, 2011
Associated PressA partnership called the Tobacco Retailer Inspection Program said Monday that sales of tobacco products to teen-agers occurred
in less than 4 percent of more than 8,400 inspections.
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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.