Lumber Liquidators Holdings, which has three stores in the Indianapolis area, saw its stock tumble Tuesday after it reported weak sales results brought on by allegations that it sold tainted flooring.
Staples and Office Depot on Tuesday called off their planned $6.3 billion merger after a federal judge blocked the deal, saying the combination would likely hurt competition in office supplies. The chains have about 15 Indianapolis-area stores.
J.C. Penney says it's expanding its rollout of major appliances to nearly 500 stores by this fall, or almost half of its stores.
Indiana is on a pace to shatter last year's record of more than 1 million background checks.
Clothing retailer Aeropostale, once the vibrant epicenter of the shopping mall scene, is seeking Chapter 11 bankruptcy protection and closing 113 of its 739 U.S. stores.
A study from CBRE says that by summer more than 50 microbreweries will be operating in the Indianapolis area and occupying space that otherwise might have remained vacant.
Restaurant chain Bob Evans Farms is closing 27 underperforming locations—including two in the Indianapolis area—and laying off 1,100 workers in an attempt to boost profits, it announced Monday.
Trading in shares of Aeropostale, the retailer with five stores in the Indianapolis area, was suspended Friday as the New York Stock Exchange made plans to delist the company.
Sears Holdings Corp. will close another 78 stores—68 Kmart units and 10 Sears stores—as it looks to restore profitability, the retailer announced Thursday.
The move comes as Finish Line’s new CEO strives to improve performance issues that caused the retailer to lose $32 million in sales in its fiscal third quarter.
Andy Mohr Automotive Group has agreed to pay about $1.3 million to buy 17.6 acres of land from the Indianapolis Airport Authority at Interstate 465 and West Washington Street for a new dealership.
A report from the investment firm Credit Suisse analyzed the e-commerce capabilities of Nike, Finish Line and Foot Locker and found Nike is far and away the leader.
A 2.1 percent plunge in auto sales—the steepest such fall in more than a year—accounted for most of last month's drop. But sales were weak in some other sectors.
Retailer Pacific Sunwear of California Inc., which operates 11 stores in Indiana, filed for bankruptcy protection Thursday after what it called years of management blunders.
U.S. judge urged Staples Inc. and Office Depot lawyers to “sit down and talk” with the Federal Trade Commission about terms for resolving the agency’s opposition to their proposed merger.
Pacific Sunwear of California Inc., which operates 11 stores in Indiana and three in the Indianapolis area, is preparing to file for bankruptcy, according to people with knowledge of the situation.
The Hancock Fabrics’ website is advertising a going-out-of-business sale online and in its stores, including those at 2192 E. 116th St. in Carmel and 8811 Hardegan St. on the south side of Indianapolis.
The Indianapolis-based brewery said Robert Whitt will replace co-founder Omar Robinson, who turned 78 this month and will retire in April.
Ricker's, an Anderson-based business with convenience store/gas stations throughout Indiana, is spending $150,000 to prevent the crimes from getting out of hand.
The Food and Drug Administration said this month that it will delay enforcement of menu labeling rules — again — until next year.
