Lids parent ‘exploring’ sale of struggling retailer
Retail conglomerate Genesco Inc. said Tuesday that it has hired an outside firm to advise it in the potential sale of Zionsville-based Lids Sports Group, its weakest-performing division.
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Circle Centre owner suing Cinnabon franchisee for unpaid rent, again
The owner of Circle Centre has sued the franchisee at least twice before. The sweet pastry purveyor then signed a 10-year lease extension in 2016.
Developer seeking to add 252 apartments to culinary complex in Fishers
The luxury units would accompany 120,000 square feet of retail and two hotels slated to be built on 17 acres in The Yard along 116th Street east of Interstate 69.
Retail group forecasts healthy hike to retail sales in 2017
The National Retail Federation on Thursday said sales will be helped by an improving economy as well as the major tax reform.
Amazon set to roll out delivery at Whole Foods nationwide
After Amazon acquired Whole Foods for nearly $14 billion in August, rival grocers began preparing for the day the online retail giant would expand Whole Foods grocery delivery.
City urges big thinking on Circle Centre mall revamp
City officials say they hope to act quickly with Simon Property Group Inc. to determine the highest and best use for the Carson’s space at Circle Centre after the department store closes this spring.
Closure of Carson’s stores in Indiana to cost 306 jobs
The parent firm of Carson’s revealed to state officials on Monday the scope of the five store closures it announced last week. Bon-Ton Stores Inc. filed for bankruptcy protection on Sunday.
Kroger bagging its 762-location convenience store unit in $2.15B sale
The stores employ 11,000 associates in 18 states and operate under the banners Turkey Hill, Loaf ‘N Jug, Kwik Shop, Tom Thumb and Quik Stop.
Prices for wings come back down to earth
Intense demand for chicken wings from a growing roster of retailers drove up prices last year. Restaurateurs like Buffalo Wild Wings are relieved that supply has normalized again, just in time for the Super Bowl.
Cunningham stable of eateries is about to get even bigger
Serial restaurateur Mike Cunningham’s stable of eateries has swelled to 24,and he’s taking over the closed Old Point Tavern on Massachusetts Avenue and Cerulean at The Alexander hotel in CityWay.
With Carson’s out, what’s next for Circle Centre?
Real estate experts disagree over whether the prominent downtown space being vacated by Carson’s makes more sense for another retailer (perhaps Target?) or for an office user.
Carson’s to close Circle Centre anchor store
The impending closure will represent a huge hit to the downtown mall, which has seen a steady exodus of traditional retail tenants in recent years. Nordstrom shuttered its anchor store at the mall in 2011.
Original Circle Centre jeweler closes doors
Workers at Andrews Jewelers on the second floor of the downtown mall could be seen on Monday packing up gems and baubles behind security gates.
Carson’s parent ponders bankruptcy as part of restructuring
The comeback strategy for Bon-Ton Stores includes closing a dozen Carson’s stores, although Bon-Ton hasn’t specified locations. The only Carson’s in Indianapolis is the lone anchor for Circle Centre mall.
Keurig to buy Dr. Pepper Snapple, creating beverage giant
The companies, both the result of previous mergers, would bring under one tent global brands like Dr. Pepper, 7UP, Snapple, A&W, Mott's, Sunkist and Keurig's single-serve coffee makers.
Mass Ave distillery, eatery calling it quits
Mass Ave cocktail lounge and restaurant Broken Beaker Distillery is closing, its owner announced Thursday evening in a Facebook post.
Mass Ave brunch spot abruptly closes
A staple of the cultural district’s dining scene has closed following the introduction of a new operator.
Downtown microbrewery files for Chapter 11 to avoid eviction
Tow Yard Brewing made the move to reorganize its assets before its current lease ends and the owner of the building seeks another tenant for the space.
Finish Line stock up, but underlying challenges remain
Deep discounting has become rampant in the athletic shoe and apparel industry—a reality that's weighing on the results of the Indianapolis-based chain.
Two local stores on Toys ‘R’ Us bankruptcy closure list
The world’s largest toy chain is planning to close about 180 Toys “R” Us and Babies “R” Us stores nationally as part of a reorganization plan to emerge from its September bankruptcy, according to a court filing.