Nordstrom’s board of directors unanimously approved the the proposed transaction, while top executives Erik and Pete Nordstrom—part of the Nordstrom family taking over the company—recused themselves from voting.
The middle class is paring back on holiday gifts this year, reflecting a widening inflation-fueled spending gap between the country’s wealthiest and everyone else.
Employees at three Party City stores told The Washington Post that they were notified the closures would occur by the end of February.
According to the company’s website, all stores are closing and discounts of up to 50% are being offered on the entire assortment goods.
In January, Tom Main will open Freeland’s at North End in a house built in 1845 that became known as “The Maples.”
Workers at Starbucks stores plan to go on a five-day strike starting Friday to protest lack of progress in contract negotiations with the company.
The lawsuits were filed against three Indianapolis dealers and one each in Greenfield, Peru and Greensburg.
The complaint alleged that CVS pressured pharmacists to “fill prescriptions as quickly as possible, without assessing their legitimacy.”
Analysts and investors are betting that further market-share gains and contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.
Sales jumped 2.6% at auto dealers, driving most of the gain. Some of that demand likely reflected a need for new cars in parts of the southeast slammed by Hurricane Helene in October, as well as healthy incentives provided by car dealers.
But paid parental leave remains rare in the U.S., with only 40% of employers surveyed by the Society for Human Resource Management offering it this year.
Overall, The National Retail Federation predicts retail sales in November and December will rise between 2.5% and 3.5% compared with same period a year ago.
Moffett and Stephen Craig are retiring this month after 35 years of operating Adrienes in a 133-year-old house at 1249 Conner St. just east of the historic courthouse square.
Starbucks opened at the corner of Broad Ripple and Guilford avenues in 1999, taking over a spot once occupied by Abigail’s dress shop.
Owners Erin Kem and Logan McMahan purchased Nicole-Taylor’s, 1134 E. 54th St., from founders Rosa Hanslits and Tony Hanslits in July 2023.
Indianapolis is the 13th Tom’s Watch Bar location. The 10,000-square-foot restaurant features 135 screens as well as a full food and drink menu.
Forty-two hopefuls turned out for the Indiana Alcohol and Tobacco Commission’s auction on Tuesday, outbidding one another in an attempt to secure one of dozens of alcoholic beverage permits.
The Irish pub opened in 2014 as the third Nine Irish Brothers location. After a decade of serving shepherd’s pie and bangers and mash, the downtown restaurant is permanently closed.
To compete with the e-commerce giant, independent retailers rely on something people can’t find online: in-person customer service.
Givans’ signature fabric designs, inspired by topics such as books and hiking, have been distributed worldwide by New Jersey-based Windham Fabrics since 2015. Meanwhile, her 19 quilting and craft patterns are sold under the Crimson Tate brand.
