HHGregg Inc. shares plunged Wednesday after the Indianapolis-based appliance and electronics retailer said it expects to report a wider first-quarter loss because of weak sales in its video business. It also cut its full-year outlook.
Marsh Supermarkets Inc. confirmed Tuesday afternoon that it is closing stores in Greenwood, Anderson and Martinsville. Many employees will get a severance package or an option to transfer to another location.
The Capital Improvement Board has owned the Ober building, at 107 S. Pennsylvania St. near Bankers Life Fieldhouse, since 1999. Members on Monday voted to begin soliciting bids.
A quirky California chain that boasts "one of the largest and craziest selections of glass bottled soda pops and retro candies for sale in America" plans to open its first Indiana store next to Potbelly on Monument Circle.
The nearly $2 million effort, named Indy Rezone, is being steered by city planners, private developers, elected officials, architects, community activists and others.
Sherry Seiwert, executive director of the Indiana Housing and Community Development Authority, replaces longtime leader Tamara Zahn, who announced in February that she would leave once a successor was found.
A Hamilton County judge has ruled that a former co-owner of Mike’s Carwash Inc. receive just $140,000 in damages in a civil case that sought close to $30 million.
Hofmeister Personal Jewelers Inc. plans to pay off its creditors over seven years as part of the well-known Indianapolis retailer’s bankruptcy restructuring.
Buyers have quickly snapped up two home sites and the city might sell seven more on a stretch of Broadway Street where The Oaks Academy had hoped to build a soccer field.
Steve Gray Renovations grew during the remodeling industry’s worst downturn in more than two decades.
Shoppers, worried about jobs and the overall economy, pulled back on spending in June, resulting in disappointing sales for many retailers.
Greenfield-based Irving Materials Inc.’s purchase of Rock Industries in Peru brings its total number of mining operations in Indiana to 18. Rock Industries operates quarries in Peru and Plymouth.
Workers will add three barracks, a dining hall and an expanded rail spur to accommodate bigger shipments to the post.
As medical innovation continues to flourish in our city … you can expect to see a direct impact on the where and how you and your loved ones receive comprehensive medical services.
The owners of downtown's Pita Pit are launching their own quick-casual burger joint at the southwest corner of Ohio and Delaware streets.
A legal battle that had threatened the east-side landmark has been settled, and a $300,000 grant has been secured to begin stabilizing it.
Fireworks retailers around Indiana say their sales have taken a big hit from the fireworks bans being put in place because of the state's drought conditions.
The distribution center, which opened in 2002 near the Indianapolis International Airport, will close by the end of September, company officials said.
Several retailers and restaurants are making moves in Indianapolis. For the latest, make sure to follow @PropertyLines on Twitter.
The Indianapolis-based retailer’s profit fell 25 percent in the first quarter, but beat analyst predictions. Shares rose nearly 12 percent on the day.
