New store openings drive HHGregg profit
Indianapolis-based appliance and electronics retailer opened 26 new stores in its fiscal first quarter and earned $2.7 million
in profit.
Indianapolis-based appliance and electronics retailer opened 26 new stores in its fiscal first quarter and earned $2.7 million
in profit.
IBJ first reported in May that Kite Realty Group Trust had recruited Nordstrom Rack and The Container Store as likely anchors of a redevelopment of the Shops at Rivers Edge.
Drug store chain pulls two applications, while local board rejects its request to sell booze at a store on East Washington
Street and deadlocks on a 2-2 vote regarding a store on East 86th Street.
Marion County’s Alcoholic Beverage Board on Monday denied Walgreen Co.’s application for a permit to sell alcohol at
its location on East Washington Street in Irvington, citing neighbors’ opposition. The panel split 2-2 on a permit for its
Nora store. Earlier, the drugstore chain withdrew two
other requests.
Local 700 said worker interest in union representation began to rise at Marsh Supermarkets after Florida-based private equity
group Sun Capital Partners acquired the grocery chain in 2006.
Here’s the business plan: Expand from hat retailing into two new segments—licensed sports apparel and team-sports
equipment—and benefit from the synergies among them.
Former soldier, disc jockey and nurse get off to a fast start selling hand-held food from a mobile unit.
Rene’s Bakery Inc. of Broad Ripple opened its first satellite location, Cafe Rene, Tuesday morning at 50 S. Meridian St.
An alliance of drugstores, groceries and gas stations is using the July Fourth holiday—which falls this year on Sunday—to
drum up more support for ending Indiana’s ban on Sunday retail sales of alcohol.
Indianapolis-based athletic shoe store chain The Finish Line Inc. said Thursday it recorded a profit in its fiscal first quarter
as its revenue rose more than 10 percent.
Envisioned by Christopher Eley as a one-man butcher shop, Goose has
grown in three years to a 12-person operation trending for $1 million in sales.
A lightning strike is suspected of causing an overnight blaze that wiped out about 10 stores near 106th Street and Michigan
Road.
The stores are expected to start selling alcohol within a month following unanimous approval of the Indiana Alcohol & Tobacco
Commission.
Italian restaurant that took over high-profile mall space in January is being sued by the landlord for $96,523.23.
Hat World, a subsidiary of Nashville, Tenn.-based Genesco Inc., said it plans to invest up to $22 million to lease and prepare
additional space locally as it consolidates manufacturing and warehouse operations from Wisconsin.
Springfield, Mo.-based America’s Incredible Pizza Company is negotiating to purchase Xscape and could have a deal finalized
as soon as Wednesday.
The Local Alcoholic Beverage Board of Marion County recommended permits for 18 of the 28 stores for which Walgreens is seeking
to sell alcohol. Approval by the Indiana Alcohol Tobacco Commission could happen as soon as June. 15.
Marion-based The Cellular Connection expects to add 500 jobs in 15 states as a result of the agreement with HHGregg.
After a great first few months in Bloomington, Campus Candy’s co-owners hope to replicate that success, rolling out a plan
that calls for opening 50 college-town stores
across the country in the next 18 months and a total of 125 within five years.
They will take over the former home of Bonjour Cafe & Bakery if the owner wins city approval to add a drive-through.