Coming price cuts at McDonald’s might signal broader fast food price war
Fast food visits by lower-income consumers dropped by double-digit percentages industrywide in the second quarter, McDonald’s said.
Retailers
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Q&A: Attorney Fernanda Beraldi’s jewelry store passion project has roots in her native Brazil
Since acquiring Windsor Jewelry with a partner, Beraldi has dived headfirst into the business—meeting with designers, making many of the design decisions for the space and helping to choose the collections that will be featured.
TJ Maxx parent tops expectations as bargain goods still sell
The TJ Maxx, Marshalls, HomeGoods and Sierra parent has been aggressively snapping up excess merchandise from brands looking to clear out piles of unsold goods.
Target to eliminate 201 jobs at Indianapolis distribution facility
Target is ending fulfillment operations at its massive distribution facility near Indianapolis International Airport, but most of the employees there will land new jobs with the company, the retailer said.
Owner of Foxgardin, Bonge’s acquires Carnegie’s in Greenfield, plans reopening
Carnegie’s, a fine-dining eatery that occupied the lower level of a former Carnegie Library at 100 W. North St., closed in late June after a 26-year run under retiring former owner and chef Ian Harrison.
Health officials crack down on kratom-related products after complaints from supplement industry
U.S. health officials are warning Americans about the risks of an opioid-like ingredient increasingly added to energy drinks, gummies and supplements sold at gas stations and convenience stores, recommending a nationwide ban.
With so many ways to pay for retail purchases, how’s a consumer to choose?
What used to be a simpler checkout choice (“Cash or credit?”) has become more complex, fueled by tech-enabled options that have gained traction in recent years.
U.S. retail sales surge in broad advance, topping estimates
Ten out of 13 retail categories posted June increases, surprisingly fueled by motor vehicle sales, which climbed after back-to-back declines.
What to know—and what isn’t known yet—about tax deductions for tips, overtime pay
Which workers will qualify for the new deductions is among the details the government has to work out after President Donald Trump’s signature spending and policy package won final congressional approval.
Kroger sales beat expectations on steady grocery spending
The Cincinnati-based grocery chain, which has more than 100 stores in Indiana, said it plans to close about 60 stores nationwide over the next 18 months.
Retail sales slid in May as Americans turned cautious
The figure was pulled down by a steep drop in auto sales, after Americans ramped up their car-buying in March to get ahead of a 25% duty on imported cars and car parts.
Retailer At Home files bankruptcy, with lenders set to take over
The chain has more than 250 stores in the United States, including four stores in the Indianapolis area, that sell everything from patio furniture to picture frames and washable rugs.
2025 Corporate 100: Vera Bradley seeks to reinvigorate brand with new materials, silhouettes
Chief Marketing Officer Alison Hiatt explains the rebranding strategy and explains what has been working as the company tries to recover from lagging sales.
2025 Corporate 100: Sweetwater’s focus on the details builds high-value relationships
IBJ talked with CEO Mike Clem about Sweetwater’s huge Fort Wayne campus, which includes the nation’s largest music store, a performance pavilion, recording studios, professional service center, theater, café, salon and more.
Retailers, researchers criticize Indiana plan to exclude soda and candy from SNAP
Gov. Mike Braun and Lt. Gov. Micah Beckwith are fans of the new exclusions—and so is U.S. Secretary of Health and Human Services Robert F. Kennedy Jr.
Vera Bradley CEO to step down in wake of $33.5M quarterly loss
Jackie Ardrey has been CEO of the Indiana-based handbag and luggage designer since November 2023.
Michaels completes acquisition of Joann’s intellectual property and fan-favorite labels
Craft labels from the now-closed fabrics seller Joann are making their way to a new home: Michaels.
Franklin’s Wild Geese Bookshop has energy that keeps authors, readers coming back
The small bookstore is regularly drawing big authors and bigger audiences. A close-knit community of readers has coalesced around the shop and around Phillips.
In Westfield, long-sought boost comes with pain
Reconstruction and widening of State Road 32 through town, a project that was in the works for year, finally started in April; it’s expected to last through at least 2026.
Homeowners spending on renovations, repairs despite uncertain economy, higher prices
Many homeowners have opted to to invest in sprucing up their home rather than sell and take on a mortgage with a sharply higher interest rate.