End of an Ayres?: Federated’s planned acquisition of May likely to doom brand name founded in Indy
When Indianapolis residents talk about shopping trips to L.S. Ayres, they are as likely to mention a visit 30 years ago as an excursion last week to check out the new spring fashions. As retail options have spread beyond regional shopping malls, stores like Ayres are no longer considered at the forefront of fashion. So, while Lyman S. Ayres and the company he founded in 1874 are an important part of the city’s social history, in the present-day retail world,…