Young & Laramore fetches national retail ad account
Pet Supplies Plus has hired Indianapolis-based ad agency Young & Laramore to help it take a bite out of competitors Petco and PetSmart.
Specialty stores
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Longtime downtown tobacco shop closes
A sign in the window of Hardwicke’s Pipe & Tobacco off of Monument Circle instructs patrons to visit its Broad Ripple store, which remains open.
Resurgence of vinyl gives record stores new life
A number of local music stores are reporting dramatic sales growth in vinyl records, in both 7- and 12-inch format. For you old-timers, that’s 45s and 33s. A few 78s also are for sale.
Artisan distilleries are on the rise since 2013 law change
The state has approved permits to let 13 distilleries sell vodka, bourbon, whiskey and other spirits directly to the public. More permits are under consideration.
Circle Centre losing three tenants, including two originals
Gap and Gap Kids, which opened along with Circle Centre in 1995, plan to close Jan. 26. Also on the third floor, the American Greetings card shop is shutting down at the end of next month.
Outdoor retailer Cabela’s may be hunting for a buyer
Cabela's, the outdoor sporting goods chain that opened a store in Noblesville in August, said it’s exploring strategic alternatives.
Veteran jeweler Thrapp retiring, closing shop
Gary Thrapp will wind down operations at his north-side store at 56th and Illinois streets with a going-out-of-business sale starting Thursday.
Toy sales on pace for best year in a decade
The growth is being fueled by increasing popularity of collectibles, toys based on Hollywood blockbuster films and better technology that allows toys to do things like talk back to children.
Indiana law spurs ‘fireworks tourism’ from Illinois
Fireworks store owners in northwest Indiana say half to 80 percent of their business comes from Illinois, where fireworks are strictly regulated. That’s also good for restaurants and other retailers.
Westfield rolls out stricter reporting rules for resale shops
The Westfield City Council approved an ordinance Monday night that requires secondhand stores, pawn shops and metal dealers to report transactions within 24 hours to an online database.
Maker-space movement touches down in Indy
The corner of Brookside Avenue and 10th Street, just off Massachusetts Avenue, could soon be the center of what city planners hope is a model to address industrial blight.
Zionsville shop’s niche draws orders from antiquers worldwide
In July, Tiffany Turner and her husband, Steve Young, bought Kennedy Hardware, a three-decade-old enterprise that’s a superstar in its sales niche—supplying highly specialized bits of hardware for rehabilitating antique furniture.
Another clothing retailer files for bankruptcy
Cache Inc., which has a store in the Fashion Mall at Keystone, has filed for Chapter 11 protection and might liquidate its inventory. Simon Property Group is the retailer’s largest creditor.
Staples agrees to buy Office Depot for about $6.3 billion
Staples Inc. plans to acquire Office Depot Inc. in a deal that will reduce the U.S. office-supply industry to a single major chain and test the limits of antitrust regulators.
Amazon, Sprint eye stores that RadioShack might exit
On the edge of bankruptcy, RadioShack is moving toward a deal to sell a large portion of its 4,000-plus U.S. stores and close the rest, sources said.
Mall retailer Deb Shops facing possible closure
Deb Shops, a woman's clothing retailer with stores in three area malls, has filed for bankruptcy protection for the second time in three years and could close its stores.
Teen retailers get the cold shoulder for holidays
Teen retailers are facing ho-hum results at a time when overall U.S. retail sales are up 5.1 percent over the past 12 months, the Commerce Department said Thursday.
UPDATE: Prominent jeweler’s $4M inventory up for auction
The inventory of Aronstam Fine Jewelers, located at Keystone at the Crossing, will be auctioned to help satisfy creditor debt.
St. Louis furniture retailer plans expansion into Indy
Weekends Only Furniture Outlet, which has five stores in the St. Louis area, plans to make its first expansion outside of its home market by opening a 92,000-square-foot store in Castleton.
Merchandise seized from Indianapolis flea market
Cpl. Brandon Thomas said excise officers had a search warrant for the Liberty Bell Carpet & Flea Market on the city's east side when they seized the items Sunday.