Home Depot tops expectations in 4th quarter, but customers pull back on spending
Home Depot and other retailers have seen customers cut back on their spending amid concerns about inflation and economic uncertainty.
Retailers
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Q&A: How a welding company ventured into specialty golf equipment
Michael VanDeventer and Ted Roark of Roark Custom Golf Works talked with IBJ about the company’s foray into golf clubs and what it means to lead a family business into the 21st century.
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Popular tea and coffee destinations invigorate Kennedy-King neighborhood
New businesses The Alchemist, Recess and Flora & Flame have generated a buzz.
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All Value City Furniture stores will close as part of parent company’s liquidation
The furniture company has three locations in central Indiana and three in other parts of the state.
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Walmart plans Supercenter in Ingalls amid town’s development spree
Town planners expect the store to attract shoppers from surrounding communities, including Fishers, Fortville , Lapel and Pendleton.
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Articles
Why it’s becoming so expensive to buy a car in America
Prices have never been higher — and the auto loans are bigger and longer than ever to make purchases possible. The auto industry is increasingly worried how much more consumers can take.
State tackles penny-rounding policies amid national shortage
Indiana lawmakers are crafting statewide penny-rounding policies as Hoosier retailers struggle through a shortage of the discontinued coin — but admit it needs more work.
Simon Property Group’s investments pay off
The real estate investment trust bettered Wall Street expectations in 2025, thanks to increases in the rent it charges retailers and the increasing numbers of shoppers and higher sales figures across its 254 properties.
Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy
The company — which has five stores in Indiana — noted that it will conduct a court-supervised sales process, and if a sale can’t be executed, it will begin a wind-down of its U.S. and Canadian operations.
North of 96th roundup: Steakhouse, record store, thrift store among openings
A new steakhouse, taco eatery, record store, hotel and thrift store are among the retailers, restaurants and other businesses that have recently opened or announced plans to open in the north suburbs of Indianapolis. Here’s a rundown:
America is drinking more coffee but less of it from Starbucks
In 2024, the average customer spent $9.34 at Starbucks, compared with $8.44 at Dutch Bros and $4.68 at Dunkin’, according to an analysis by the investment research company Morningstar.
Q&A: Love of adventure fuels Brittany Smith both on and off the job
As the senior director of community engagement at Yelp Inc., a website that helps users connect with local businesses, Smith oversees activities in the 100 or so U.S. and Canadian cities where Yelp has a presence.
Retail sales rose a better-than-expected 0.6% in November as the holiday season kicked into gear
The retail sales figures, which are not adjusted for inflation, showed that in most cases shoppers focused on gifts and pulled away from other areas.
Luxury retailer Saks Global files for bankruptcy as it prepares to restructure
Saks Fifth Avenue closed its store at The Fashion Mall at Keystone in April 2024, but it operates The Fifth Avenue Club at Ironworks Hotel Indy at 2721 E. 86th St.
Christmas is over, but retailers will remain busy—with returns
The month after Christmas has been dubbed “Returnuary” for good reason. The National Retail Federation estimates 17% of holiday purchases will be sent back this year.
North of 96th roundup: Construction continuing on Meijer Grocery, Target in Fishers
Multiple retailers, restaurants and other businesses recently opened or announced plans to open in the north suburbs of Indianapolis. Here’s a rundown.
Big retailers didn’t pull ByHeart baby formula fast enough after botulism recall, FDA says
The U.S. Food and Drug Administration said four companies continued to sell the infant formula for days or weeks, despite a Nov. 11 recall of all products in the outbreak that has sickened more than 50 babies in 19 states.
Holiday shopping at small businesses driven by online sales, social media focus
Small businesses are being impacted by economic instability, despite national predictions that call for record spending at small businesses this holiday season.
Thanksgiving shopping weekend sees record spending
The nation’s shoppers might feel gloomy about the economy but they certainly were in the mood to shop over the five-day Thanksgiving weekend that wrapped up on Cyber Monday.
Companies push AI-assisted shopping tools for holiday season
Although AI-powered purchases are in early stages, techshopping assistants and agents rolled out by the likes of Walmart, Amazon and Google can do more than the chatbots of holidays past.
Retail, restaurant sales ticked up in September
Several retailers issued positive reports Tuesday, including electronics chair Best Buy, Kohl’s, Abercrombie & Fitch Co. and Dick’s Sporting Goods
Struggling Kohl’s names 4th CEO in as many years in attempt to staunch sales slide
Kohl’s has more than 40 stores in Indiana, including 14 in the Indianapolis area.
‘Culture of chaos’: Indiana hemp industry on edge as federal lawmakers ban delta-8 products
Tied up in the bill that ended the 43-day shutdown was language that bans almost all hemp-derived products starting in November 2026.
Walmart raises profit expectations as more Americans hunt deals
While other retailers dial back projections, the nation’s largest retailer—and Indiana’s largest employer—raised its financial outlook Thursday after its strong third quarter, setting itself up for a strong holiday shopping season.