New products from apparel makers such as Nike helped drive up earnings 6.1 percent in the fiscal second quarter, the Indianapolis-based retailer announced Friday morning. A deal with Macy’s also is paying off.
A member of one of the recreational vehicle industry’s elite families hopes to get a fresh start in Indianapolis by launching a manufacturer of super-high-end RVs.
The Indianapolis Motor Speedway has put its merchandise and food and beverage contracts up for bid for the first time in its 104-year history.
A federal judge rejected the shareholder’s motion claiming that the offering would enable CEO Sardar Biglari to unfairly increase his ownership in the company. Biglari Holdings is the parent of Indianapolis-based Steak n Shake.
A former east-side shopping mall will soon be covered in solar panels, possibly the most transformative of property owner Alex Carroll’s various redevelopment efforts.
Holiday shopping is likely to be hurt by the lackluster economy. In addition, there’s a shorter shopping window between Black Friday and Christmas. Last year, there were 32 days during the period and this year there are 25.
Newegg.com is considering a $15 million distribution center in Indianapolis that would employ 150 people by the end of 2015.
Shopping mall owners like Simon Property Group, the best-performing U.S. property stocks for four years, have tumbled to the worst as sluggish retail sales and limited opportunities to expand drive investors to look elsewhere for earnings growth.
The company and Don Marsh each want the other to pay legal bills that, coincidentally, total about $1.7 million each. They stem from a bitter court battle between the two that concluded in July.
Tesla Motors Inc. is eyeing space in the Fashion Mall at Keystone and is seeking a zoning variance to sell cars there and to install charging stations within the parking garage.
Genesco’s hat unit now has reported four consecutive quarters of declining same-store sales—an unusual malaise for a business that from 2001 to 2006 posted a miraculous 19 straight quarters of increased same-store sales.
The Indianapolis grocery market is about to become even more competitive, as discount giant Wal-Mart embarks on a strategy to offer consumers a store design much cozier than its cavernous supercenters.
Fast-food workers in 50 U.S. cities, including Indianapolis, plan to walk off the job Thursday in an attempt to ratchet up pressure on McDonald’s Corp., Wendy’s Co. and others to raise wages.
The Indianapolis-based appliance and electronics retailer’s stock hit a sort of milestone Tuesday, closing above $18 for the first time since early 2011.
Bleaker outlooks at retailers like Wal-Mart and Macy's are raising doubts that consumers will spend enough in coming months to lift the still-subpar U.S. economy.
The controversial residential-and-retail development along the Central Canal got the nod from a city hearing examiner on Thursday. A zoning change and variances for the project still require additional approval.
The arrangement is considered an inexpensive way to expand Lids’ reach into large, sports-centric cities. But Wednesday’s earnings report from Macy’s indicates consumers aren’t spending as much on apparel.
Shoppers are holding off on back-to-school shopping, and those who delay long enough might be rewarded with some steep discounts from desperate retailers.
A federal lawsuit alleging monopolistic behavior by Simon Property Group Inc. likely will proceed to trial after a federal judge in South Bend denied a motion by the Indianapolis-based mall giant to dismiss the 3-year-old case.
States are viewed as having wide latitude to regulate alcohol sales.
