More than half of U.S. consumers plan to buy clothing in the coming months, catapulting it back to the top category of anticipated spending, followed by footwear and beauty products.
IBJ Podcast: Patio and yard goods are still hot—and some are in short supply
Host Mason King talks with two retailers—Scott Horvath, owner of O’Malia’s Living, and Pat Sullivan, who owns owner of three Sullivan’s Hardware & Garden stores plus Allisonville Home & Garden by Sullivan—about what customers want and why the supply chain is struggling to keep up.Read More
Shops at Perry Crossing back under control of previous owner
Poag Shopping Centers earlier this month squared away its financial dispute over The Shops at Perry Crossing, allowing the firm to take back the keys to the property.Read More
Bargain outlet opening in former Keystone Marsh store
The new Ollie’s store will be the fast-growing Pennsylvania-based chain’s fourth Indianapolis-area location, taking the site of the first Indianapolis-area Marsh grocery store.Read More
Pier 48 soldiers on as restaurant’s owners brawl in court
The latest salvo was fired by Keith Stucker, an Indianapolis investment adviser who started Pier 48 with Fred Knipscheer, a former hockey player who entered the restaurant business more than a decade ago.Read More
The massive facility, which would employ hundreds of people, would be built on a 100-acre site adjacent to Interstate 74.
The change is part of a larger reckoning over sexual harassment at McDonald’s. At least 50 workers have filed charges against the company over the last five years, alleging physical and verbal harassment and, in some cases, retaliation when they complained.
Cargo traditionally operates out of a shipping container that it is moving to Fountain Square, but for now, it’s in a pop-up shop in the former Pearings Cafe in downtown Indianapolis. IBJ talked with Porter—who owns the clothing brand Komäfi—about how business is going.
The cheap-chic retailer will also add products from more than 500 Black-owned companies across its aisles and help Black vendors expand their sales in big-box retail.
When the pandemic dried up the demand for beer at customer-limited bars and restaurants, local brewers had to shift focus to sales at grocery stores, pharmacies and packaged liquor stores.
Retailers are abandoning enclosed malls in growing numbers as the rise of online shopping transforms the industry—a trend that has accelerated during the coronavirus pandemic.
Indiana Attorney General Todd Rokita said the dealer sold cars online in a way that led consumers to believe the seller was a private owner. For its part, the dealer said it was a one-time occurrence.
New York City-based RCS said the agreement Simon Property Group made with Premium Apparel LLC will keep all 235 stores in Simon malls open.
Across the country, furniture retailers are reporting months-long delays in every step of the supply chain—from overwhelmed factories to clogged ports—amid surging demand for desks, chairs and sofas.
The shop is owned by a three-woman team that offers full interior design services in addition to less expensive in-home consultations and design boards.
Indiana has two Disney Store locations—one in Indianapolis at Castleton Square Mall and one in Merrillville.
The world’s largest retailer said it plans to invest $350 billion in products made, grown or assembled in the United States over the next 10 years, a move it says will help create 750,000 jobs.
As part of the investments, announced Tuesday, Target will accelerate the pace of building small-format stores, with plans to add 30 to 40 new stores this year, up from 29 last year.
The starting wage scale puts Costco above competitors, including Amazon, Target and Best Buy, which have $15 minimum wages.
The National Retail Federation said Wednesday it anticipates that retail sales will grow between 6.5% and 8.2%, to more than $4.33 trillion, this year.
The 180,000-square-foot Fishers store originally housed Incredible Universe, a media and electronics superstore owned by Radio Shack parent Tandy Corp. Fry’s took over the building in 2005.
Kohl’s Corp. is under pressure from a group of activists who want to name nine directors to control its board and are pressing the retailer to reduce inventory and end its “dizzying array of promotional gimmicks.”
A decentralized vaccine campaign has resulted in patchwork of policies that differ from state to state, and even county to county in some areas, resulting in an inconsistent rollout to low-paid essential workers who are exposed to hundreds of customers each day.