Zionsville approves Wal-Mart’s store plans from 2006
The decision came in response to a recent court ruling ordering the town to accept the giant retailer’s plans for a store on a 22-acre property on Michigan Road north of 106th Street.
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Grocery wholesaler to lay off 187 after losing Marsh contract
C&S Wholesale Grocers Inc. says it will eliminate 187 jobs in Indianapolis and Yorktown because its contract with Marsh Supermarkets Inc. is coming to an end.
Chicago’s new older smoking age could increase Indiana sales
Chicago's move to raise the minimum age to purchase cigarettes to 21 could increase smoke shop sales in northwestern Indiana, experts said.
HHGregg loses yet another senior executive
The struggling appliances and electronics retailer says its senior vice president of marketing, ecommerce and strategy has resigned. He’s at least the 10th executive to leave the Indy-based firm since mid-2012.
Out-of-spotlight retailer does big business from Indy
Fullbeauty Brands, which sells through such plus-size catalogs as Woman Within and Roaman’s, ships nearly 16 million packages a year out of its Southeastern Avenue fulfillment center.
More malls turning to unconventional tenants to fill vacancies
Most U.S. malls are still dependent on department stores to draw customers, but with consumers doing more shopping online, retail centers are increasingly relying on restaurants, entertainment amenities and even medical facilities to attract traffic.
Originally listed for $25M, Simon estate in Carmel might finally have buyer
Homebuilder Paul Estridge Jr. has been in discussions about acquiring the sprawling 106-acre property on Ditch Road, according to a source familiar with the deal.
HHGregg plans to expand high-end Fine Lines concept
The struggling retailer says it intends to more than double the number of its stores featuring the ritzy showrooms—an extension of its recent strategy to focus more on appliances and furniture.
Former WISH-TV anchor Halvorson lands job with Kroger
Eric Halvorson, who lost his job at WISH-TV late last year after 32 years an anchorman and reporter, has been hired by the Kroger Co.
Firm redeveloping ex-Coca-Cola plant faces daunting preservation challenges
A specialist in terra cotta will assess the integrity of the structures and suggest options that could range from on-site reinforcement and preservation to off-site storage and eventual reconstruction.
Finish Line struggles to hit stride with JackRabbit running-store chain
Management is talking as though it might jettison the 71-store, money-losing division if it doesn’t sharpen performance quickly.
Credit ratings firm says Carson’s parent in danger of default
Debt-laden Bon-Ton Stores Inc. operates just one store in Indianapolis, but that store is the largest tenant in Circle Centre—and considered a vital occupant for the downtown mall.
Developer plans $20M apartment project on Fountain Square block
Nearly an entire city block in Fountain Square soon could be redeveloped, with five old buildings getting torn down and a new five-story project springing up with retail space and 94 apartments.
Finish Line shares soar after results impress investors
Shares of the athletic shoe and apparel retailer shot 20 percent higher after the company narrowly beat expectations and outlined plans for improved performance.
Paradise Bakery & Cafe in Chase Tower to close Friday
Paradise already had indicated to its landlord that it wouldn’t renew its 10-year lease for the 4,700-square-foot space, which expires next year.
New state law allows distilleries to sell carryout 7 days a week
The new law lifts the ban on carryout sales for artisan distilleries, putting the businesses on par with wineries and craft breweries, which already sell alcohol on Sundays.
Thorn in side of Noble Roman’s dumps stock for big loss
An Atlanta-based activist investor that had blasted Noble Roman’s Inc.’s management and called for the company’s sale has reversed course.
After report of Kite deal, CEO of Glimcher resigns
Retail real estate firm WP Glimcher denied last week that it was in talks to merge with Indianapolis-bases Kite Realty Group Trust. Now its CEO is gone, and directors are reevaluating its portfolio.
Zionsville decides not to appeal decision in Wal-Mart case
On Monday night, the Zionsville Plan Commission unanimously agreed not to pursue further legal action in the case that involves Wal-Mart’s initial store proposal from 2006.
Scotty’s fires management over ‘best butt’ award
Owner Scott Wise said he’s ordered additional sexual harassment training companywide—beyond the training managers already undergo.