HHGregg accelerates store-opening plans
HHGregg Inc. said this morning that the bankruptcy of competitor Circuit City should enable the company to open more stores
within the next few years than previously expected.
Retail
Articles
Steak n Shake sales, traffic rise
Steak n Shake Co. yesterday reported big increases in customer traffic and same-store sales for its fiscal third quarter,
which ended July 1. Customer traffic rose 13.4 percent and same-store sales jumped 5 percent in the quarter compared to the
same period a year ago, it said in a brief Securities and Exchange filing.
Keystone Construction plans Madison Avenue retail center
A local developer is planning a retail strip center along Madison Avenue just south of downtown in a neighborhood that’s been
begging for investment for years. The plans by Keystone Construction Corp. call for a 25,000-square-foot retail
center at 1400 Madison Ave., across from Sisters’ Place Restaurant.
Madison Avenue retail planned
A local developer is planning a retail strip center for a run-down parcel along Madison Avenue south of downtown. The plans by Keystone Construction Corp. call for…
Carmel tech firm takes coupons into digital era
Carmel-based mobile marketer Tetherball has deployed a program using
a radio frequency identification device that can measure in detail to what extent customers redeem loyalty and rewards offers.
So long, SoDo
The owners of a 1.3-acre parking lot southeast of Meridian and South streets have put the property up for sale, apparently putting an end to the dream…
Indianapolis loses two Bally fitness centers
The closures come as the parent company reorganizes and competitors pump up their local presence.
Clean air strategy: Some nightspots opt to tighten smoking rules
Coaches Tavern, MacNiven’s Restaurant and Bar, and The Jazz Kitchen are among Indianapolis bars that recently limited or banned
smoking. Those establishments join a short list of bars that already buck the trend in Indianapolis. Smoking in public places,
including restaurants, has been banned in Marion County since 2006, but it’s still OK to puff away in places that don’t admit
minors.
Bally Fitness locations to close
Two local Bally Total Fitness locations will close today as part of the parent company’s reorganization under Chapter 11 bankruptcy. Gyms along U.S. 31 in Greenwood and behind…
Group blasts Trail ‘destruction’
Construction work on a new Kroger-anchored development along the Monon Trail at 86th Street is drawing the ire of Nora neighborhood leaders. They’re frustrated by the removal of trees and bushes along the trail by the project’s developer, locally based…
Arts vision for Virginia Avenue
A proposed $9 million project called Fletcher Place Arts calls for 56 mostly one-bedroom apartments, 8,700 square feet of first-floor retail or office space, and…
Spicy Pickle sued for unpaid rent at Castleton Square
Simon Property Group Inc. has filed suit against Spicy Pickle franchisee AJ Enterprises LLC, seeking more than $977,000 in
unpaid rent for a prime space at Castleton Square Mall.
Simon adds to its stake in British mall owner
Locally based Simon Property Group Inc. has added 18.6 million shares to its stake in the United Kingdom’s largest owner of
shopping malls, Liberty International Plc.
Building off Circle finally lands a tenant
T-Mobile has inked a five-year lease for a 2,200-square-foot space at the 2 N. Meridian St. building on the northwest corner of Washington and Meridian streets.
T-Mobile taking prime corner
T-Mobile has inked a five-year lease for a 2,200-square-foot space at the northwest corner of Washington and Meridian streets. The store will be a corporate-owned “playground” store, a new…
Candy store aims for sweet success
A focus on old-world quality with modern services and efficiency drives the owners of Simply Sweet Shoppe & Second Story Playhouse.
Lucas Oil, partner invest $2M to build Hendricks lube shop
Forrest Lucas is following through on plans to take his namesake brand of oil and fuel additives to the mass market.
Panel handicaps market recovery chances
A panel of five veterans of real estate and construction provided industry insights at IBJ‘s Power Breakfast May
1 at the Westin Indianapolis.
Kroger eyes Altum parcel
Kroger is looking at land in Zionsville for a new store. The Cincinnati-based grocer is in talks with the owners of Altum’s Garden Center along Michigan Road between 106th and 116th Streets,…
Longtime Fall Creek shop cuts bait
Fall Creek Bait & Tackle is closing after 42 years in business.