Holiday shopping season is here, at least according to retailers
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.
Retailers
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Macy’s planning to add 30 small-format stores in strip centers
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.
Indiana 250: Mary Beth Oakes, Business Furniture owner and CEO
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 convenience stores planning Indiana debuts
Popular East Coast chain Wawa and Missouri-based Wally’s travel centers are both planning Indiana locations.
Five new independent shops give a boost to reading in Indy
The wave of new retailers includes Loudmouth Books, Golden Hour Books, Dream Palace Books & Coffee, The Whispering Shelf and Tomorrow Bookstore.
Kroger, Albertsons to sell hundreds of stores in bid to clear merger
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.
Sangiovese chooses new Carmel development for its third eatery
Like the Indianapolis and Fishers Sangiovese eateries, the new restaurant will offer an upscale Italian menu, but it will have noticeable differences from the other locations.
Party City cleared to exit bankruptcy, avoiding fate of retail peers
As part of the Chapter 11 process, the retailer—which has a half-dozen area stores—closed more than 60 stores across the country, but was able to keep the vast majority of its more than 700 stores open.
Food ads in crosshairs as Burger King, others face lawsuits for false advertising
Food ads have long made their subjects look bigger, juicier and crispier. Some consumers say those mouthwatering ads cross the line into deception, and that’s leading to a growing number of lawsuits.
Results from Nordstrom, other retailer show cautious consumer spending
The reports come as shoppers are still dealing with high inflation and higher interest rates that are making it more expensive to take out a loan or carry debt on credit cards.
Meijer eyes Bargersville property for new grocery store concept
Smaller than the company’s traditional supercenter format, Meijer Grocery stores debuted earlier this year in two Detroit suburbs.
Taco Bell sued for false advertising over skimpy fillings
The suit accuses Taco Bell of “unfair and materially misleading advertising” and is seeking upward of $5 million from the chain for alleged violations of law banning unfair and deceptive trade practices.
Retailer Shein hit with lawsuit citing RICO violations for copyright infringement
In an organized effort to create as many as 6,000 new items per day, Shein—which has major operations near Indianapolis— uses a “byzantine shell game of a corporate structure” to rip off designers, the lawsuit claims.
Walmart spending $108M to expand Indiana distribution center
The expansion will double shipping capacity and add automation technology that the company said will increase the speed with which merchandise gets sent to Walmart stores.
Student loan resumptions might be felt by retailers, restaurants
Just as the American economy is struggling with high inflation and interest rates, the coming resumption of student loan payments poses yet another potential challenge.
Home goods retail chain with Indy-area store to begin liquidation
Christmas Tree Shops Inc. is expected to close all 82 of its stores after failing to save itself through bankruptcy.
Meatball specialty restaurant closes its Fashion Mall location
The closure of the Fashion Mall location comes less than two years after the Mimi Blue restaurant in Carmel ceased operations. The locally owned business has one remaining restaurant.
Overstock to buy Bed Bath & Beyond’s intellectual property
The $21.5 million deal—which covers Bed Bath & Beyond’s brand name, business data and digital assets but excludes its brick-and-mortar stores—must still be approved by New Jersey’s bankruptcy court.
Inside the massive new Walmart fulfillment center in McCordsville
Walmart on Thursday will host a ceremonial grand opening for the 2.2 million-square-foot, three-story facility, which will eventually employ up to 1,000 people.
New tenants bring new energy to historic Stutz complex
Known as the Stutz Business and Art Center from the 1990s until real estate developer Turner Woodard sold his majority stake in 2021, the complex is entering a new era by offering dining, shopping and personal fitness.