Sears to close 96 more stores, citing ‘difficult’ environment
The shutdown of 96 more Sears and Kmart locations will leave just 182 outlets for the company, which was once America’s biggest department store chain.
store closing
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High-end Nora furniture store to close at year’s end
Form + Function owner Helmut Fortense is shutting down his store at the end of the year following 23 years in business so he can retire.
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Square Donuts shops in Indianapolis area shut down
More than half of the Square Donuts shops in Indiana—including two locations in Indianapolis and one in Carmel—have closed because of contract issues, the owner of the parent company confirmed Monday.
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Articles
Local children’s shoe store ready to call it quits after 58 years
The owner of longstanding local retailer Keen Children’s Shoes says she’s closing the store because it has become too difficult to compete in a changing retail landscape.
Plus-sized retailer with two local stores going out of business
Women’s retailer Avenue Stores LLC is closing all 222 of its locations in 33 states, the company announced this week.
Walgreens to shut 200 U.S. stores as part of cost-cutting plan
The Deerfield, Illinois-based company operates more than 18,000 stores worldwide, including 55 or so in the Indianapolis area.
Irvington organic grocer Tyner Pond Market closing
The store sells a wide assortment of natural and organic foods, but sales have been stagnant, said owner Chris Baggott, who owns several other businesses in the area and co-founded ExactTarget Inc.
Scotty’s down to one area location after another closure
Another Scotty’s Brewhouse has shut down, marking the ninth closure for the Indianapolis-based restaurant and bar chain in the last six months.
Walmart closing Neighborhood Market on far-east side
The store, which opened in 2004, is scheduled to close permanently July 12. It is one of eight Neighborhood Market stores the retailer operates in the Indianapolis area.
South-side bicycle shop set to close after nearly a century
Circle City Bicycles, founded in 1922, started its going-out-of-business sale on Monday and expects to close its doors in August.
Carson’s spot in Circle Centre empty year after closing
One year after the closure of Carson’s at Circle Centre, city and mall officials are still looking for the right tenant—or mix of tenants—to fill the massive footprint.
U.S. store closures this year already exceeding 2018 total
The number of closures indicates that traditional retailers are struggling to respond to shoppers' increasing shift online even as they're working hard to reinvent their businesses.
Scotty’s Brewhouse to close 96th Street location
The closure will be the sixth for the Indianapolis-based restaurant chain since late last year. It comes as corporate parent Scotty’s Holdings works its way through Chapter 11 bankruptcy.
Bookstore chain with Castleton location closing all 170 stores
Nashville, Tennessee-based LifeWay Christian Resources plans to close all of its bookstores nationwide this year and operate online only.
Home decor retailer with Carmel store files for bankruptcy
Los Angeles-based Z Gallerie said it plans to close 17 of its 76 stores as part of the Chapter 11 reorganization.
Dollar Tree to close up to 390 Family Dollar stores
In central Indiana, there are 48 Family Dollar stores and 38 Dollar Tree stores within 25 miles of downtown Indianapolis.
Gap to close 230 stores, spin off Old Navy into new public company
The Gap brand has struggled as part of a broader slump for brick and mortar retailers, even as the lower-priced Old Navy brand has resonated with discount shoppers.
Victoria’s Secret to close 53 stores after poor Christmas performance
Columbus, Ohio-based owner L Brands Inc. operates 957 Victoria’s Secret shops in the United States, including eight mall stores in the Indianapolis area.
Sears to survive after chairman prevails in bankruptcy auction
With a bid of more than $5 billion, Eddie Lampert has won a bankruptcy auction for Sears with a plan that will keep the retailer in business and seek to save tens of thousands of jobs.
Dammann’s closing east-side nursery location after 36 years
The family-owned business says it wants to focus its efforts on its main location, a 10-acre growing facility and retail store on the city’s west side.
Sears files for Chapter 11 bankruptcy amid plunging sales, massive debt
Given Sears’ sheer size, the bankruptcy filing will have wide ripple effects on everything from already ailing landlords to its tens of thousands of workers.
Bank, restaurant vacating downtown tower as work gears up for new hotel
The street-level retail tenants in One North Penn are preparing to either relocate or close for good as the office building’s transformation gets under way.