Entrepreneurs plan microbrewery for Fountain Square
A group of entrepreneurs plans to open Fountain Square Brewing Co., possibly this summer, in a former carburetor-repair shop.
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Dreyer & Reinbold expanding racing operations
Carmel-based team is building a 12,000-square-foot addition at its headquarters that will house a state-of-the-art machine shop outfitted with high-tech milling machines manufactured by Indianapolis-based Hurco Cos.
HHGregg reports higher profit, lower same-store sales
The Indianapolis-based appliance and electronics retailer lowered its fiscal 2011 outlook on soft demand for pricier televisions and appliances.
Indiana lawmaker pushes Sunday sales of alcohol, cars
Indiana shoppers would be able to buy a six-pack of beer or a new car on Sundays if state Sen. Phil Boots is successful in rolling back two of the few remaining blue laws still in effect in Indiana.
Simon Property’s quarterly profit rises on improving retail sales
Earnings for the Indianapolis-based shopping mall owner increased to $217.9 million in the fourth quarter, up from $91.5 million in the fourth quarter of 2009. Funds from operations, a key measurement used by real estate investment trusts, also improved.
Settlement struck in HHGregg dryer lawsuit
The deal, which could become final next month, stems from a lawsuit brought by a group of consumers accusing the Indianapolis-based appliance retailer of improperly installing dryer vents.
Bill advances to set 40 as Indiana’s alcohol ID age
The bill would change a much-ridiculed law that took effect last summer requiring everyone — regardless of age — to be carded for carryout alcohol.
State lawmakers consider repealing alcohol ID bill
An Indiana law that requires all people—regardless of age—to show identification when buying alcohol has caused headaches for some shoppers, but liquor store representatives are urging lawmakers not to repeal it.
Family Dollar plans 350 jobs in northeast Indiana
A $70 million investment in a new distribution center by the North Carolina-based discount retailer is expected to create up to 350 jobs. The facility should be operational by spring 2012.
Lego plans first Indiana store for Castleton Square
The roughly 1,200-square-foot shop is scheduled to open in late March or early April.
Marsh hit with second federal labor charge
National Labor Relations Board accuses supermarket chain of intimidating employees at its Beech Grove store for supporting an attempt to unionize. The charges follow a similar complaint NLRB made in November involving Marsh’s Georgetown Road store.
OfficeWorks acquires competitor’s local operations
Fishers-based furniture dealer and office space designer is purchasing the assets of Columbus, Ohio-based Continental Office Environment’s Indianapolis location on East 33rd Street. Both companies are Herman Miller dealers.
Marion, Ind., chain balloons to 620 mobile-phone stores
The chain’s growth got a boost last year when it landed a deal to operate 164 cellular shops inside HHGregg stores.
HHGregg shares slide on lower earnings outlook
The Indianapolis-based appliance and electronics retailer attributed its lower outlook to weak demand for new video technology products. Sales of LED and 3-D televisions were less than expected while sales of lower-priced TVs were higher than anticipated.
Marsh in Shelbyville among latest stores to close
The supermarket chain has closed a store in Rushville and will shut others in Shelbyville and Connersville by the end of February. The closures will leave Marsh with 97 stores, about half of which are in Indianapolis.
Spending data show strong December sales
Americans spent more on clothes, shoes, luxury goods and electronics in December than a year earlier, according to data released Wednesday.
Goodwill angles for donations during weak economy
The recovering, yet-still-weak economy puts charity retailer Goodwill in a sweet position. Consumer spending is up, so more old stuff makes its way to thrift stores. At the same time, high unemployment means the bargain hunters are still out in force.
Santa feeling stays with shoppers after Christmas
People hit the stores after Christmas to buy, indulging the rediscovered retail appetite that may have made 2010’s holiday shopping season the biggest ever.
Christmas Eve dash caps banner shopping season
A strong Christmas Eve would round out a surprisingly successful holiday season for retailers. The National Retail Federation predicts that holiday sales will reach $451.5 billion this year, up 3.3 percent over last year.
Strong holiday sales give Finish Line a boost
The company said on Tuesday sales at stores open more than a year rose 4.5 percent from Nov. 28 through Dec. 19 compared to the same period a year ago.