Retail roundup: Starbucks, Five Below, Harbor Freight

March 13, 2013
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  • Compass roseStarbucks plans to open a 1,700-square-foot coffee shop in Fishers at the corner of 116th Street and Olio Road. The chain is cautiously growing again after putting the brakes on expansion during the Great Recession. The nearest Starbucks to 116th/Olio is five miles west at 116th Street and Interstate 69.
  • Five Below, a dollar store targeting children and teens, is heading to Plainfield. The Pennsylvania-based chain plans to take about 8,000 square feet in a center anchored by Kohl's along U.S. 40. The first two Indianapolis-area stores for the fast-growing concept were in Carmel and Castleton.
  • Harbor Freight Tools, a discount tool and equipment retailer, is taking over the former Goodwill store along Washington Street just east of Washington Square Mall. The California-based chain has existing stores in the Castleton area on 86th Street and on the south side on South East Street. Goodwill late last year moved its store to a new building just to the west.
  • Big Lots, the Ohio-based discount retail chain, plans to open a 30,100 square foot store in Franklin. The store is planned for the corner of U.S. 31 (Morton Street) and Westview Drive. Big Lots has 12 stores in central Indiana including in Shelbyville and Greenfield.
  • Papa Murphy's, the take-and-bake pizza shop, is taking about 1,400 square feet in a shopping center across Washington Street from Washington Square Mall. The Washington-based chain has 15 locations in central Indiana.
  • Yumz Gourmet Frozen Yogurt, a Chicago-based chain, plans to open its first Indiana location in the Southport Crossing Shopping Center in front of Meijer at Southport Road and Emerson Avenue. The shop, owned by franchisee Donna Laker of Batesville, is set to open May 10.
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  • Finally!
    Can't believe that after hounding Starbucks corporate for years we are finally getting a Starbucks! And just before I plan to move away.
  • Yes!
    Do we know if the Starbucks will be drive thru? I wish a dunkin donuts would come to Fishers. There coffee is affordable and the donuts aren't too shabby either!

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  1. First, let me say that I love the idea of communities being self-sufficient and people in the community not needing cars, living, working and shopping all in their neighborhood. To sum it up; I love good urban planning and hate urban sprawl. However, there are two reasons that I am against this development. First, this building doesn't fit. Density can occur in Ripple by building up top the street and better use of land. The scale of this project should be downtown. Secondly, I would be willing to bet that if a whole foods in Ripple is built, the Nora store would be closed. Here's my reasoning. The Nora Whole Foods expansion plans have been put on hold. I'm guessing they are waiting to see what happens with the Ripple proposal. Communities next to each other should work together to end sprawl and not work against each other and take other neighbors assets. Develop something both communities can be proud of and will attract more development and density. There's my soap box for the day.

  2. My apologies, Lou - it was the Indy Star that printed cost for entertaining "celebrities" during Indy 500. Sorry for confusing the always timely IBJ with Indy's Gannett reprint news source.

  3. That's fine if you want a grocery store that has festivals and live music. I guess with the prices they charge, they can afford to host such activities. As for me, I choose to spend my money more wisely and if I want to go to a festival or a concert, I will pay for that separately - not through my grocery bill.

  4. TIF is not just to attract development but to attract a higher use for that development. Carmel wisely is using TIF for numerous public parking garages. Asphalt seas of parking pay little taxes and bring even less value to a commercial area. Also density is what is going to save Indy and Broad Ripple. The days of trying to compete with burbs are long gone.

  5. The Prestige was an awesome movie.

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