Finish Line quarterly profit rises on strong sales
The Indianapolis-based retailer’s second-quarter profit rose 24 percent over year ago, to $20.9 million, helped by strong sales in stores open at least a year.
Retail
Articles
MainGate signs deal to handle merchandise for Big Ten
The company will be the exclusive retail and merchandising company for the organization’s football championship games and basketball tournaments through 2016.
City to welcome a host of new dining, entertainment venues
Live music venue, late-night cookie shop are among new restaurants set to open.
New eateries show Broad Ripple isn’t just for college crowd
A new restaurant planned for Broad Ripple from restaurateur Martha Hoover—along with other new arrivals, including 10-01 Food & Drink and Fire by the Monon—suggests the neighborhood remains one of the city’s most sought-after spots for local restaurants.
Some NFL teams would make for a more lucrative Super Bowl
A 2012 Super Bowl between the Chicago Bears and New York Jets is one of the matchups that would give local businesses plenty to cheer about, experts say. National Football League officials have told Indianapolis to expect 150,000 visitors for the Super Bowl. If two prime teams make it, the number will be closer to 250,000.
Simon plan spells out Nordstrom strategy
As many as four large restaurants could open in the first floor of the former Nordstrom at Circle Centre mall under a plan floated by mall manager Simon Property Group Inc.
Buffalo Wild Wings franchisee sells 16 area restaurants
The Indianapolis-based Franchisee Group sold the area restaurants to Consolidated Wings Investment LLC in Greenwich, Conn., led by the former president of the Papa John’s pizza chain.
New tenant commits to take former Jillian’s space downtown
Tilted Kilt, a chain of Celtic sports pubs known for its scantily clad, kilt-wearing waitresses, will take over the spot at the northeast corner of Meridian and Georgia streets.
Classes emphasize connection between artists, entrepreneurs
Universities and other not-for-profits are ramping up business training for artists and art students—in the form of workshops, classes and counseling—in hopes of making “starving artists” a thing of the past.
Owner finding new tenants for former Macy’s
High-end custom homebuilder Moussa Khoury and a partner bought the former Macy’s store at Washington Square Mall in 2009 for about $775,000. They paid cash since commercial lending had vanished. Two years later, the investment has begun paying off.
INSIDE DISH: Willard builds on family-dining plan
Franklin's neighborhood brew-and-pub-food palace—with roots in the community reaching back to 1860—has boosted sales through a shift in strategy following a city smoking ban.
Retail sales in U.S. stagnate amid poor job market
Retail sales in the U.S. unexpectedly stagnated in August as a lack of jobs restrained shoppers. Chains like Best Buy Co. and Target Corp. say a struggling labor market that’s battered confidence is hurting sales.
New financing may give battered dry cleaner fresh start
US Dry Cleaning’s September 2008 purchase of Tuchman Cleaners was supposed to end years of financial strain for the 25-store Indianapolis chain, but it didn’t happen.
Rally’s planning to add up to 30 local restaurants
The owner of the drive-through focused burger chain Rally’s, which got its start in southern Indiana, hopes to double the number of locations in the Indianapolis area.
Hat World suing three former execs for contract breaches
The federal suit seeks monetary damages and a permanent injunction prohibiting the men from soliciting customers and employees, and from disclosing trade secrets.
Jack in the Box revives local expansion push
The burger chain has applied for zoning approval to build a restaurant near 16th and Meridian streets, just south of CVS drugstore. It would be one of 10 stores it plans to open here.
Marsh plans to spend $60M to build and remodel stores
The Fishers-based supermarket chain is shifting into expansion mode with a mission to construct up to 10 new stores and revamp or rebuild several more over the next three years.
Analysts react positively to Finish Line purchase
The Indianapolis-based retailer’s acquisition of an 18-store specialty running chain should produce better results than some past miscalculations, analysts say.
Finish Line acquires 18-store chain for $8.5M
The Indianapolis-based athletics retailer acquired the chain in order to enter the specialty running market. The stores are located primarily in the eastern part of the country.
Music retailer moving call center to Indianapolis
The Woodwind & Brasswind, a South Bend-based retailer of musical instruments, is moving call-center operations to Indianapolis. The center will employ 100 people.