Lululemon, Five Below coming to Indianapolis

May 24, 2011
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Two of the nation's hottest concepts in retail—a yoga apparel specialist and a new dollar-store concept targeting teens—are coming to Indianapolis.

Lululemon Athletica plans to open its first Indiana store at The Fashion Mall at Keystone. The chain, founded in 1998 in Vancouver, is moving into the mall's eastern wing, taking over the former home of Brookstone, which is relocating to a spot near the Apple Store. Lululemon athleticaThe Lululemon store is scheduled to open in about three months. The chain already operates a "showroom" shop with limited hours at 64th Street and Cornell Avenue in Broad Ripple; Lululemon uses the "showroom" concept shops to market the brand in communities that don't yet have a full-line store. The chain has more than 120 locations worldwide.

Five Below is looking at sites for between five and six stores in the Indianapolis area. The unique dollar-store concept targets Five Belowchildren and teens with products such as sporting goods, games, books, DVDs, snacks, jewelry and iPhone accessories, all priced at $5 or less. The Pennsylvania-based chain just opened its first store in Indiana, in Merrillville. Five Below stores take about 7,500 square feet. The chain, founded in 2002, already has more than 140 locations in 14 states.

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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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