Distribution holds promise for Central Indiana
A new report shows that, despite a sluggish national economy, the Indianapolis area should continue to attract industrial
businesses and distribution centers next year.
Retail
Articles
Kroger, Marsh continue store-upgrade spree
Even in the midst of a recession, one form of economic activity continues apace — supermarket construction and refurbishment.
Plan calls for creating a downtown feel at IUPUI campus
In 20 years, IUPUI leaders want their campus to feel more like the rest of downtown — taller buildings, more parks,
more people hanging out — and they want to connect it to the city’s core.
‘Smoke free’ needs to be the law in all Hoosier public places
If Indianapolis is going to be a first-class city, it needs to have a comprehensive smoke-free workplace law.
Franchises can be safer business investments in tough times
What is the current state of franchising, given the tough economic environment?
Indian truck maker Mahindra making inroads at local dealers
Indianapolis Ford dealers John Pearson and Ray Skillman will be among the 300 domestic dealers
of Mahindra trucks and SUVs when the company makes its U.S. passenger car debut as early as next summer.
Local stores promote service and uniqueness, not discounts, during holidays
Indianapolis merchants are banking on customer loyalty to achieve sales they hope will surpass the gloomy expectations forecast
for the holiday shopping season.
In a recession-ridden holiday, shop and give locally
When it comes to holiday shopping and charitable giving, act locally.
Bold bets on Hoosier firms yield horrific results so far
The millions of dollars they plunked down to buy stock in local companies over the past two years have shriveled in value,
leaving them way, way below break-even.
Worst auto market in 30 years might force consolidation
New car dealers, usually among the most resilient of all small businesses in weathering economic downturns, are hanging on
for dear life this time around, portending a shakeout among Indiana’s 520 dealers.
Airport’s ‘Indy 500 Grill’ food mediocre, but Georgio’s Pizza is delicious
This month, we’re breaking our traditional restaurant reviewing format and offering a four-part look at the eateries at Indianapolis
International Airport.
Despite sour economy, retail developers press on
Retail developers always have been an audacious breed. They spend millions to build shopping centers, confident that tenants will flock to fill the slots they didn’t prelease. To charge ahead these days takes more than the usual dose of intestinal fortitude. Everyone is nervous — from shoppers to lenders to retailers, many of which have […]
Y&L ad firm making ‘significant’ staff cuts
Young & Laramore is making what it says are “significant” staff cuts in the wake of losing the Steak n Shake account.
Exit of anchor complicates Lafayette Square overhaul
The demise of apparel retailer Steve and Barry’s University Sportswear deals another blow to efforts to turn around the ailing
Lafayette Square Mall.
Automotive Finance Corp. writes off $162 million, reflecting slow auto sales
Slowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles
at auction, to take a big write-off on the declining value of its loan portfolio.
Self-serve chili could help Charlie & Barney’s grow nationally
Charlie & Barney’s is quietly expanding into unorthodox niches, placing its product in unusual places — like convenience
stores.
HHGregg looks to grow as other consumer electronic businesses falter
HH Gregg has grown from a local to a national consumer electronic store chain and has its eye on expanding further, given
Circuit City’s bankruptcy filing.
Green Mountain entrepreneur compiles 17-percent stake in struggling Noble Roman’s
Robert P. Stiller, a lifelong entrepreneur who built Green Mountain into a wholesale coffee giant with 7,000 customers and
$500 million in revenue, owns 3.4 million shares, or 17 percent of the Noble Roman’s company.
After a dozen years, Natural Stone Specialist growing seeks more commercial biz
Twelve years after opening Natural Stone Specialists, Laura Christy is still just as passionate about the Carmel-based business,
which
sells high-end stone, metal and glass tiles.
More bad news for Indy malls
Bankrupt retailer Steve & Barry’s now plans to close all of its remaining stores, including anchor shops at Lafayette Square and Washington Square malls. Bay Harbour Management and York Capital Management,…