Dick’s Sporting Goods to buy struggling shoe chain Foot Locker for $2.4B
Dick’s said Thursday that it expects to run Foot Locker as a standalone unit and keep the Foot Locker brands, which include Kids Foot Locker and Champs Sports.
Retail
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Steakhouse in Phoenix to be first Huse restaurant outside of Indiana
The owner of St. Elmo Steak House and Harry & Izzy’s is planning the Arizona restaurant as part of a $2 billion redevelopment of a former shopping mall.
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Opening a record store is next project for Everything, Now! vocalist
Jon Rogers plans to open his shop, Take Care Records, by the summer near the intersection of 62nd Street and Allisonville Road.
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Hendricks closing southern block of Circle Centre Mall as it preps for $300M first phase of revamp
The closure isn’t a signal that construction is formally underway. Rather, it allows the developer to conduct investigatory and pre-construction work, including a complete structural analysis.
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Bakery cafe chain Paris Baguette targets Indy suburbs for new stores
Starting this year, the fast-growing international chain of French-inspired bakery cafes is looking to open at four suburban locations.
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Articles
North of 96th roundup: Indoor golf venue, pizza restaurant among new businesses in northern suburbs
Multiple retailers, restaurants and other businesses and organizations recently opened or began planning new locations in the north suburbs of Indianapolis.
Wawa reveals opening date for first Indianapolis-area store
Convenience store Wawa, which is set to open in Noblesville, offers built-to-order food such as hoagies and breakfast sandwiches, beverages, coffee drinks, and, in a majority of locations, gasoline.
Small retailers fear a lack of resources, time to ride out tariff results
Retailers across the Indianapolis area and across the country are bracing for the full impact of recent Trump administration tariffs, which they see as an immediate threat to their businesses.
Secondhand retailers poised to benefit if tariffs drive up new clothing costs
Price hikes may drive cost-conscious shoppers to online resale sites, consignment boutiques and thrift stores in search of bargains or a way to turn their wardrobes into cash.
Collin Hilton credits kitchen culture for his World Food Championships win
After winning the noodle category during last fall’s World Food Championships at the Indiana State Fairgrounds, Hilton competed against 11 fellow category winners during the “Final Table” March 28-30 in Bentonville, Arkansas.
Retail sales jump by most in two years on car-buying rush
While autos saw the biggest advance in two years, the overall gain was broad, with 11 of the report’s 13 categories posting increases.
As Easter approaches, egg prices hit record as retailers keep costs high on supply fears
The increase comes even as prices for wholesalers that supply grocery stores have dropped steeply.
North of 96th roundup: Sunny Day Cafe among businesses planning openings at Hamilton Town Center
Multiple retailers, restaurants and other businesses and organizations recently opened or began planning new locations in the north suburbs of Indianapolis.
Three years later: Where’s Hy-Vee?
In 2022, Iowa-based Hy-Vee said it would build a pair of 150,000-square-foot stores in the suburbs north of Indianapolis: one in Zionsville and another in Fishers. The company hasn’t broken ground at either site.
Automakers report stellar sales ahead of tariffs taking effect
The major car companies say sales rose sharply in March, with most reporting double-digit gains.
Restaurant chain Hooters files for bankruptcy protection
The chain known for chicken wings and its skimpy “Hooters Girls” wait-staff outfits has two local restaurants.
New festival aims to increase appreciation of coffee and chocolate
Mokao is designed to raise awareness about what it takes for coffee to arrive in your cup and for chocolate to arrive on a store’s shelf, while also celebrating the communal power of coffee shops.
Coffee-to-cocktails concept taking over Broad Ripple Starbucks location
The move by Thieves, a bar that’s operated since 2020 at 915 Broad Ripple Ave., means doubling its space, broadening its menu and expanding its hours of operations.
Dollar Tree selling Family Dollar to private equity firms for $1B
The acquisition price marks a massive discount compared with how much Dollar Tree Inc. paid to buy Family Dollar in 2015 after a bidding war with rival Dollar General.
Purdue’s advance to Sweet 16 means good news for Indy restaurants, retailers
While game tickets and downtown hotel rooms were already expected to sell out regardless of which teams end up in Indianapolis to play, Purdue’s inclusion is likely to boost visitor traffic throughout downtown.
Swig ‘dirty soda’ chain to open shop near Washington Square Mall
The Swig, which plans further Indiana shops, will serve drive-thru customers from a space previously occupied by a Papa Murphy’s pizza location.
Americans increased retail spending tepidly last month
U.S. shoppers stepped up their spending just a bit in February after a sharp pullback the previous month
Rootstock Hospitality Group grows portfolio with Aberdeen Social House
For Andrew Vudis and Ryan Craig, former Ruth’s Chris Steak House executives who established Rootstock Hospitality Group in 2017, Aberdeen Social House represents a bold culinary statement.
Vera Bradley to sell Pura Vida business as part of ‘strategic evolution’
Vera Bradley, which had already acquired a 75% ownership stake in the California-based jewelry brand in 2019, acquired the remaining 25% interest in 2023.