Retailers

French mall operator looks to Simon for know-how

March 23, 2012
Bloomberg News
Simon Property Group Inc.’s cutting-edge experience as the biggest U.S. mall owner will help Klepierre SA boost rental income at its shopping centers, the French company’s CEO says.
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Purdue graduate takes top job at McDonald's

March 22, 2012
Bloomberg News
McDonald’s Corp. said Chief Operating Officer Don Thompson, who grew up in Indianapolis and graduated from Purdue University, will take over as CEO, becoming the first black chief of the world’s largest restaurant chain.
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Mass Ave restaurant plans clear first hurdle

March 9, 2012
The city's Historic Preservation Commission has approved rezoning and variance requests for two buildings sought by the owners of Broad Ripple's Brugge Brasserie just south of the intersection of Massachusetts and Park avenues.
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HHGregg gets $40M from life insurance on former CEO

February 29, 2012
Cory Schouten
HHGregg has collected a $40 million payout from a life insurance policy it took out on former executive chairman Jerry W. Throgmartin, who died in January after a sudden illness.
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Office-supply standby Arvey Paper set to close

February 27, 2012
Cory Schouten
One of the city's most popular spots to buy paper and office supplies is scheduled to close next month as part of a nationwide consolidation by its parent company.
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INSIDE DISH: Gastropub owners get aggressive after big first year

February 24, 2012
Mason King
Dish_local_eatery_watch_videoThe Local Eatery and Pub in Westfield streaked past break-even point in its first 12 months, leading its relieved but exhausted owners to plan new projects.
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Committee to push for safer late-night stores in Indiana

February 16, 2012
Associated Press
Since 2006, six people have been killed and 27 people have been seriously injured in violent crimes at late-night stores in Indiana.
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HHGregg reports smaller profit in fiscal third quarter

February 8, 2012
The appliance and electronics retailer attributed the decline to lower-than-expected profit margins and higher spending on advertising.
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Retailer Lids strives for Super Bowl dominance

February 2, 2012
Cory Schouten
Lids Sports Group is emerging as an early Super Bowl winner among local businesses after betting big that souvenir sales would shine.
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Indiana liquor law could crimp Super Bowl parties

February 1, 2012
Associated Press
Indiana is among a handful of states that ban carryout liquor sales on Sundays. Even hosting the NFL's most-celebrated spectacle won't change that.
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Meningitis complications felled Throgmartin, family says

January 25, 2012
Meningitis, a rare disorder caused by an infection of the membranes covering the brain and spinal cord, usually can be treated but is sometimes fatal.
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Pet specialty retailer plans 135 jobs in Indiana

January 24, 2012
Pet Supplies Plus said it will add the positions by relocating its warehousing operations from Michigan to Seymour, 60 miles south of Indianapolis.
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Walgreen marks retailers' push into health care

January 23, 2012
J.K. Wall
Health care reform is projected to cover 30 million more people with health insurance—and overwhelm the nation’s doctors. That's why retailers like Walgreen and Wal-Mart are moving into the space in a big way.
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Deceased HHGregg chairman oversaw explosive growth

January 23, 2012
Greg Andrews
Jerry Throgmartin helped transform HHGregg from a local electronics retailer into a national player with more than $2 billion in revenue. He died over the weekend while visiting his ranch in Colorado.
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Restaurants and stores plan new Indy locationsRestricted Content

January 21, 2012
 IBJ Staff
Off Broadway Shoes highlights new retailers entering the market.
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Super Bowl plans set for former Nordstrom space

January 17, 2012
Scott Olson
An after-hours nightclub and a sports apparel shop operated by Indianapolis-based Lids Sports Group will occupy much of the space, dubbed "The Huddle," during the festivities starting on Jan. 27.
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Closed meeting angers wounded store clerk's family

January 11, 2012
Associated Press
The family of a convenience store clerk critically injured in an October shooting harshly criticized an Indiana agency's decision to hold a closed-door meeting Wednesday with trade groups on efforts to boost safety at the 24-hour facilities.
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HHGregg shares sink on disappointing earnings

January 10, 2012
Associated Press
Appliance and electronics retailer HHGregg Inc.'s stock price fell more than 15 percent Tuesday after it reported lower-than-expected earnings for the fiscal third quarter.
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Blakley Corp. hires first outsider CEO

January 3, 2012
Kathleen McLaughlin
Indianapolis-based Blakley Corp., a specialty contractor and home-flooring retailer, has hired the first outsider CEO in the company's 114-year history.
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Retailers to offer football fans unusual merchandise

December 31, 2011
Anthony Schoettle
It’s common for retailers in Super Bowl host cities to bring in a special cache of goods not usually sold in the market.
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Pendleton Pike Kmart, Anderson Sears on closing list

December 29, 2011
 IBJ Staff and Associated Press
Sears Holding Co. said Thursday it will close a Kmart store on Pendleton Pike in Indianapolis and a Sears department store in Anderson as part of a round of closures.
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LEADING QUESTIONS: Expanded Kahn's banks on holidays

December 29, 2011
Mason King
LQ_Arnold_Watch VideoHow much bubbly does Kahn's Fine Wines & Spirits sell at year's end? How have operations changed with the addition of two new stores? Owner Jim Arnold has answers.
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Sears closings shouldn't be big problem for Simon

December 29, 2011
Kathleen McLaughlin
Simon Property Group has more shopping malls with Sears as a tenant than any other landlord, but any closings are likely have a negligible effect on the Indianapolis-based real estate company's overall earnings, an analyst says.
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Bargain hunters divided holiday shopping season

December 29, 2011
Associated Press
The holiday shopping season turned out to be two seasons: the Black Friday binge and a last-minute surge before Christmas. Together, they added up to decent sales gains for most retailers.
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Fatal shooting creates human resources issue for Kroger

December 28, 2011
Associated Press
Kroger officials are reviewing the actions of a manager who fatally shot a would-be robber inside a grocery store while it was busy with customers.
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  1. I am a Lyft driver who is a licensed CDL professional driver. ALL Lyft drivers take pride in providing quality service to the Indianapolis and surrounding areas, and we take the safety of our passengers and the public seriously.(passengers are required to put seat belts on when they get in our cars) We do go through background checks, driving records are checked as are the personal cars we drive, (these are OUR private cars we use) Unlike taxi cabs and their drivers Lyft (and yes Uber) provide passengers with a clean car inside and out, a friendly and courteous driver, and who is dressed appropriately and is groomed appropriately. I go so far as to offer mints, candy and/or small bottle of water to the my customers. It's a mutual respect between driver and passenger. With Best Regards

  2. to be the big fish in the little pond of IRL midwest racin' when yer up against Racin' Gardner

  3. In the first sentance "As a resident of one of these new Carmel Apartments the issue the local governments need to discuss are build quality & price." need a way to edit

  4. As a resident of one of these new Carmel Apartments the issue the local governments need to discuss is build quality & price. First none of these places is worth $1100 for a one bedroom. Downtown Carmel or Keystone at the Crossing in Indy. It doesn't matter. All require you to get in your car to get just about anywhere you need to go. I'm in one of the Carmel apartments now where after just 2.5 short years one of the kitchen cabinet doors is crooked and lawn and property maintenance seems to be lacking my old Indianapolis apartment which cost $300 less. This is one of the new star apartments. As they keep building throughout the area "deals" will start popping up creating shoppers. If your property is falling apart after year 3 what will it look like after year 5 or 10??? Why would one stay here if they could move to a new Broad Ripple in 2 to 3 years or another part of the Far Northside?? The complexes aren't going to let the "poor" move in without local permission so that's not that problem, but it the occupancy rate drops suddenly because the "Young" people moved back to Indy then look out.

  5. Why are you so concerned about Ace hardware? I don't understand why anyone goes there! Every time ive gone in the past, they don't have what I need and I end up going to the big box stores. I understand the service aspect and that they try to be helpful but if they are going to survive I think they might need to carry more specialty parts.

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