Retailer Joann files for Chapter 11 bankruptcy protection
The fabrics and crafts retailer, which has five Indianapolis-area stores, will become privately owned after emerging from Chapter 11 bankruptcy protection.
The fabrics and crafts retailer, which has five Indianapolis-area stores, will become privately owned after emerging from Chapter 11 bankruptcy protection.
Dollar Tree plans to close about 600 Family Dollar stores in the first half of this year and 370 Family Dollar and 30 Dollar Tree stores over the next several years, it announced.
Macy’s Inc., which did not release a list of stores it will shutter, also said it will expand its higher end Bloomingdale’s and Bluemercury chains.
The program, which runs through Feb. 18, allows consumers to visit participating businesses and other locations around the state, accumulating points that they can then redeem for NBA-related prizes.
After closing its Fashion Mall at Keystone location, West Elm is preparing for Nora Plaza opening in April.
Carrols Restaurant Group runs 1,022 Burger King restaurants in 23 states, including more than 100 in Indiana.
In a statement Monday, Kroger said it was delaying its timeline for closing the $25 billion deal due to ongoing dialogue with regulators, including state attorneys general and the Federal Trade Commission.
Starbucks said Wednesday it was aware of the lawsuit and will “aggressively defend against the asserted claims.”
After clothing, gift cards will be the most popular present this holiday season. Nearly half of Americans plan to give them, according to the National Retail Federation. But many will remain unspent.
Walmart, Target and Amazon are all-in on the shipping wars, a move retail experts say will help them maintain a competitive edge against low-cost Chinese retailers Shein and Temu.
The strong retail numbers Thursday were particularly surprising given some of the news coming from major retailers themselves, who say shoppers are being more selective.
Even though e-commerce is now part and parcel of our everyday lives and much of the holiday shopping season, Cyber Monday continues to be the biggest online shopping day of the year, thanks to the deals and the hype the industry has created to fuel it.
Many retailers ordered fewer goods for this holiday season and pushed holiday sales earlier in October than last year to help shoppers spread out their spending.
Indianapolis restaurant Kountry Kitchen Soul Food Place, which closed in January 2020 after a fire destroyed its building, is scheduled to reopen Thursday in a brand new building in the Kennedy-King neighborhood.
Amazon, Walmart, Target, Home Depot, Best Buy and other big retailers are kicking off big sales events as consumers continue to move up their holiday timetables.
The department store chain said Tuesday that it aims to add the new small-format locations through the fall of 2025, bringing the total number of such stores to roughly 42.
Mary Beth Oakes began working at Business Furniture—which is celebrating its 101st anniversary this year—as a showroom manager in 1992 and moved up to become CEO and co-owner.
Popular East Coast chain Wawa and Missouri-based Wally’s travel centers are both planning Indiana locations.
The wave of new retailers includes Loudmouth Books, Golden Hour Books, Dream Palace Books & Coffee, The Whispering Shelf and Tomorrow Bookstore.
Kroger and Albertsons are selling more than 400 stores and other assets to C&S Wholesale Grocers in an approximately $1.9 billion deal as part of their efforts to complete their $25 billion merger.