Walgreens bringing new small-store concept to city’s south side
The format is key to the pharmacy chain’s plan to slash expenses. Also this week: Black Acre Brewing Co., Sauce on the Side, Versona, Tropical Smoothie Cafe.
The format is key to the pharmacy chain’s plan to slash expenses. Also this week: Black Acre Brewing Co., Sauce on the Side, Versona, Tropical Smoothie Cafe.
Indianapolis-based Simon Property Group counts Forever 21 as its sixth-largest mall tenant, excluding department stores, with 99 outlets covering 1.5 million square feet, as of March 3.
The 15-year-old chain, which has stores in Carmel, Noblesville and Greenwood, plans to close all 261 of its locations after filing for Chapter 11 bankruptcy.
The 44-year-old fashion retailer, which declared Chapter 11 bankruptcy last month, said it would begin liquidation sales at all 416 locations nationwide.
Stiffening competition, surging online advertising costs and cheap mall space have prompted web retailers like Warby Parker and Bonobos to open physical stores, including locations in Indianapolis.
City officials say they hope to act quickly with Simon Property Group Inc. to determine the highest and best use for the Carson’s space at Circle Centre after the department store closes this spring.
Retailer True Religion Brand Jeans filed for Chapter 11 bankruptcy protection Wednesday and requested permission from the federal bankruptcy judge to close 27 of its 140 stores.
Retailers and shopping-center owners are gathering in Las Vegas this week prepared to send a message: The American mall is doing better than many people think.
Teen clothing retailer Aeropostale Inc. won court permission Monday to sell its assets to buyers led by Indianapolis-based Simon Property Group Inc. and General Growth Properties Inc.
Experts estimate that several hundred shopping malls could shut down over the next decade after owners relinquish them to lenders rather than make steep loan payments.
Johnston & Murphy and Yankee Candle Co. are set to vacate their spaces at the end of the month, joining Gap, Gap Kids and American Greetings as tenants departing the third floor.
Deb Shops, a woman's clothing retailer with stores in three area malls, has filed for bankruptcy protection for the second time in three years and could close its stores.
The future of malls looks quite bright despite the rise of online shopping.
At HALE Federal Credit Union, don’t expect to get a debit card in the mail after opening an account. Online banking isn’t an option at this Indianapolis-based credit union, and neither are checking accounts. Mobile check deposits? Forget about it. Day “We are so archaic and behind in the times,” Manager Angela Day said, sitting […]
Old factory is one of many existing assets that can reverse fortunes of a struggling neighborhood.
Here’s a rundown of some of the restaurant and store closings due to heavy snow and frigid temperatures.
There’s not a lot of sizzle among the 54 strip shopping centers and 44 enclosed malls that Simon Property Group Inc. plans to spin off into a new public company early next year.
An online petition drive launched by employees of stores in Simon properties urges the company to rethink a decision to open its malls at 8 p.m. on Thanksgiving. One petition so far has gathered nearly 18,000 signatures.
Genesco’s hat unit now has reported four consecutive quarters of declining same-store sales—an unusual malaise for a business that from 2001 to 2006 posted a miraculous 19 straight quarters of increased same-store sales.
First in a month-long series (with time out for a State Fair trek, of course) of new-mall-restaurant reviews.