Retail rivals crash Amazon’s Prime Day party
The gravitational pull of Amazon Prime Day is so strong on shoppers it’s benefiting other online retailers as well, according to an early analysis from a key data group.
Retailers
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Toys ‘R’ Us, back from dead, plans to open U.S. stores in 2019
About a year after closing U.S. operations, the remnant of the defunct toy chain is set to return this holiday season by opening some U.S. stores and an e-commerce site, according to people familiar with the matter.
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Walmart to pay $282 million over foreign corruption charges
The nation's biggest store chain said the two settlements close the books on federal investigations that stretch back to 2012 and have collectively cost the company more than $900 million.
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Walmart to pay $282 million over foreign corruption charges
The nation's biggest store chain said the two settlements close the books on federal investigations that stretch back to 2012 and have collectively cost the company more than $900 million.
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Drowning in debt, FullBeauty Brands to file Chapter 11
The online retailer of plus-size women’s apparel with a deep history in Indianapolis and nearly half its workers here is attempting to extricate itself from a debt load of $1.3 billion.
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Articles
U.S. retail sales jump in June in sign of consumer health
Measures of consumer confidence remain historically high and June’s retail sales figures suggest that consumer spending, which drives two-thirds of the economy, remains strong.
Fashion accessory retailer Charming Charlie going out of business
The 15-year-old chain, which has stores in Carmel, Noblesville and Greenwood, plans to close all 261 of its locations after filing for Chapter 11 bankruptcy.
Real estate company sues law firm over HHGregg property deal gone awry
A Carmel-based plaintiff has filed a lawsuit against Krieg DeVault, alleging the Indianapolis-based law firm’s failure to file a property deed in 2003 in a transaction involving defunct retailer HHGregg could now cost the real estate company millions of dollars.
Casual-dining chain O’Charley’s shuts down two Indianapolis locations
The regional restaurant chain has closed three restaurants in Indianapolis this year, leaving it with just one location in the city and six others in surrounding areas.
Retailers eager to lodge antitrust complaints against Amazon, Google
A leading U.S. retail group, whose members include Walmart, Target and Best Buy, is eager to aid antitrust enforcers that are poised to investigate whether Amazon and Alphabet's Google are harming competition.
Forever 21 officials asked landlords about possible acquisition, sources say
A small faction of officials at the struggling 800-store retailer talked to mall owners Simon Property Group Inc. and Brookfield Property Partners LP about a range of options, including a sale, according to people with knowledge of the matter.
Meijer rolls out mobile checkout app at Indianapolis stores
Grand Rapids, Michigan-based Meijer said the app has been downloaded more than 1.1 million times since it started testing it in Michigan last year.
Restaurateur Scott Wise gets back to his roots in new venture
The restaurant, Roots Burger Bar, is set to open next week in Muncie, at the site of the original Scotty’s Brewhouse that Wise opened in 1996.
A $50 million glitch? Target takes hit from register outage
The outage came on the eve of Father’s Day, when the retailer was promoting various items, from ties to golf balls, as last-minute gift ideas for dads. Customers took to Twitter, sharing images of the long lines and the abandoned shopping carts.
Indianapolis-area Kroger employees approve new labor agreement
The agreement covers more than 9,000 members of the United Food and Commercial Workers Union who work at 71 Indianapolis-area Kroger stores.
Target ups the ante in online delivery wars
Target says its new same-day delivery option will cover 65,000 items and will be fulfilled in 1,500 of its 1,800 stores in 47 states.
Scotty’s down to one area location after another closure
Another Scotty’s Brewhouse has shut down, marking the ninth closure for the Indianapolis-based restaurant and bar chain in the last six months.
City expands pilot program in reaction to Walmart closure
City of Indianapolis officials on Wednesday decided to add more stores to a yet-to-be-launched food-insecurity program after learning that a Walmart Neighborhood Market on the far-east side was preparing to close.
Walmart closing Neighborhood Market on far-east side
The store, which opened in 2004, is scheduled to close permanently July 12. It is one of eight Neighborhood Market stores the retailer operates in the Indianapolis area.
Scotty’s closes Thr3e Wise Men microbrewery and restaurant in Broad Ripple
The Indianapolis-based restaurant and bar chain opened the microbrewery location more than eight years ago to supply the Scotty’s chain with its own brand of craft beer.
Barnes & Noble going private in $476M sale to hedge fund
Barnes & Noble, which still has 627 stores in the United States, including five in the Indianapolis area, is being acquired by Elliott Management for $6.50 per share.
South-side bicycle shop set to close after nearly a century
Circle City Bicycles, founded in 1922, started its going-out-of-business sale on Monday and expects to close its doors in August.
Aldi seeking approval for first store in Fishers
The Germany-based discount grocery chain has asked a city committee for permission to make architectural changes to the front of a store that was vacated by another grocer last summer.
Sears parent buying Sears Hometown, Outlet stores
The parent company of Sears, controlled by former Sears CEO Eddie Lampert, is buying the rest of Sears Hometown and Outlet Stores Inc. that it doesn't already own.