Local wiener eatery hawking franchises for convenience stores
King David Dogs is pursuing growth through gas stations and travel plazas by franchising kiosk-sized versions of its downtown restaurant, known for its quarter-pound, all-beef hot dogs.
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Hope floats: North-side plumbing firm rehabbing building for HQ move
Hope Plumbing expects to sink $1 million into the project about a block from its current home to accommodate its growth. It’s seeking a tax abatement from the city to help offset costs.
Whole Foods rallies on report that Albertsons is mulling bid
Whole Foods Market Inc. shares rose the most in two weeks after the Financial Times reported that Albertsons Cos. is considering a takeover of the organic grocer.
Marsh preparing to close another seven supermarkets
The seven closings come on top of three other store closures that Marsh confirmed earlier this week.
British retailer raises eyebrows by buying big Finish Line stake
Sports Direct International pl, which now holds a 7.9 percent stake worth $47 million in Indianapolis-based Finish Line, isn't commenting on its intentions.
Lawmakers nearing new deal on Ricker’s beer carryout issue
The latest version of the bill still needs required signatures from legislative leaders—and it still requires approval from both the House and Senate.
Marsh cites ‘weak performance’ for three more store closures
The three closures include a store involved in a lawsuit filed by a landlord that accuses Marsh of not paying rent at the site.
Local jewelry business bought by North Carolina-based chain
The 15-year-old business, which has its store at Keystone at the Crossing, will retain its name “for the time being,” the buyer said.
Indianapolis-area store on teen-clothing retailer’s closure list
A teen-clothing retailer with nine Indianapolis-area stores said Monday that it plans to close about one-third of its stores nationwide. But eight local locations appear to have dodged the closure list.
Tim Hortons selects site for first local restaurant
The Canadian coffee and doughnut institution is counting on the Indianapolis market to be a big part of its U.S. expansion plans.
U.S. retail sales experience second straight monthly drop
Americans pulled back on their spending at auto dealers and restaurants in March, causing retail sales to drop despite signs of a healthy job market.
Marsh exit strategy: Sell individual stores?
Struggling Marsh Supermarkets’ best bet at this point would be to close underperforming stores and find buyers for its most profitable ones, industry experts say.
Missteps, market shifts bury once-thriving HHGregg
The 62-year-old company is joining the trash heap of failed appliance and electronics retailers, done in by a long list of problems—including overexpansion and a collapse in sales of consumer electronics.
HHGregg closure to cost 268 corporate employees their jobs
The terminations at the headquarters at 4151 E. 96th St. are expected to begin May 31, the company said in a notice to the Indiana Department of Workforce Development.
Children’s clothing retailer with 4 area stores set for bankruptcy
San Francisco-based retailer Gymboree Corp. operates more than a dozen stores in Indiana, including four at some of the Indianapolis-area's top shopping centers.
Payless closing list doesn’t leave Indiana unscathed
The struggling discount chain, which filed for Chapter 11 bankruptcy protection April 4, has released a list of nearly 400 Payless Shoe Source stores that it plans to close immediately nationwide.
Ben & Ari’s closes in Fishers after 18 years in business
The owners of the popular miniature golf course, arcade and party-hosting facility have sold the property along busy State Road 37 to a buyer who plans to open a used-car business.
Top Simon exec exiting company
David Contis, Simon Property Group’s president of mall operations, is resigning from the Indianapolis-based retail real estate giant to “spend more time with his family,” the firm said in an SEC filing.
HHGregg shutting down after 62 years in business
An email from the Indianapolis-based company to employees on Friday afternoon said efforts to find a buyer that would keep the business running failed and that liquidation sales will start Saturday.
HHGregg looks to be latest casualty in possible record year for retail closings
Year-to-date store closings are already outpacing those of 2008, when the last U.S. recession was raging, according to Credit Suisse Group. About 2,880 closings have been announced so far this year, compared with 1,153 for this period of 2016.