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Record shop Irvington Vinyl closing its doors

The record store shares leased space with the bookstore Bookmamas, a separate business that also announced that it plans to close.

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Shopping mall jewelry giant planning to weed out hundreds of stores

Signet Jewelers Ltd., which operates at least 18 stores in the Indianapolis area and thousands nationwide, is betting that a shift online can help pull the company out of a sales slump.

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Toys 'R' Us to liquidate U.S. operations, CEO tells employees

Toys "R" Us plans to shut down its U.S. operations, eliminating the jobs of some 30,000 employees while spelling the end for a 70-year-old retailer known to generations of children and parents for its...

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Babies ‘R’ Us demise sets off scramble for baby registries

The liquidation of Toys “R” Us Inc. has raised a big question: What happens to all the customers who had baby registries at the soon-to-be-defunct retailer?

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World’s biggest toymakers aren’t having much fun these days

There's trouble in toyland. Sales at the world’s three biggest toymakers—Lego A/S, Hasbro Inc. and Mattel Inc.—slumped during the crucial 2017 holiday season, and the outlook for 2018 isn’t much better.

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Harry Gaunt Jewelers closing its doors after 60 years in business

The store's 86-year-old owner and namesake has decided it's time to retire. His store near Keystone at the Crossing has launched a going-out-of-business sale.

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Indiana convenience stores find new way around cold beer ban

The announcement on Thursday, ahead of the Memorial Day weekend, was the latest attempt to combat liquor stores' exclusive right to sell cold carry-out beer in Indiana.

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De Beers planning historic shift in diamond retail market

The company announced Tuesday that it will start selling man-made diamond jewelry at a fraction of the price of mined gems, marking a major strategy change for the world's biggest diamond miner.

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Local jewelry store to close its doors after 41 years in business

The family-owned jewelry business, which first opened in Glendale Town Center in 1977 before moving just north of 96th Street in 1991, plans to close Aug. 31—unless a late-developing plan to sell the...

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Record store, book shop reopen in historic Irvington building

The two businesses closed this spring, but a new owner has purchased both shops and is reopening them under one name in the 96-year-old Irvington Masonic Lodge property, which also recently changed...

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Brookstone planning to shut down most stores after bankruptcy filing

In Indiana, Brookstone has stores in Circle Centre mall and at Indianapolis International Airport.

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Brookstone files for bankruptcy, to close all mall stores

Among the closures will be the store in Circle Centre in downtown Indianapolis—an original tenant in the mall when it opened in 1995. The only other Brookstone store in Indiana is at Indianapolis...

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Independent bookstores create worlds where print is alive and well

Here’s a rundown of some of the independents still pushing paperbacks, offering honest staff recommendations and otherwise keeping local lit alive.

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Nation's largest mattress retailer closing 700 stores in bankruptcy

Mattress Firm's initial round of closures will include at least one store in Indianapolis and two others elsewhere in Indiana.

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Naptown Thrift founder, hip-hop artist finds success by blending the two...

Aaron Marshall has used his passion to fuel his business—and the result is Naptown Thrift, a vintage clothing store specializing in the 1980s and 1990s.

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Retailers up their game to fill void left by Toys 'R' Us closures

Retailers including Walmart, Target and Party City are trying to grab a piece of the nearly $3 billion left on the table by Toys "R" Us, or 12 percent of the U.S. toy market.

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Duo to open Hamilton County's first CBD dispensary

Vape and Wellness is expected to open this month in a 1,400-square-foot store near Kroger on Logan Street in Noblesville.

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Geoffrey the Giraffe to make comeback in Kroger aisles

Meanwhile, the hedge funds that now own the Toys “R” Us brand plan to relaunch the toy retailer as a standalone operation next year, according to people familiar with the matter.

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National bridal retailer files for Chapter 11 bankruptcy

David's Bridal, a 68-year-old retailer with more than 300 stores, including two Indianapolis-area shops, filed for bankruptcy Monday, with a plan to cut debt by more than $400 million.

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Stringtown fishing retailer calling it quits after seven decades

Westside Bait & Tackle, a family-owned fishing shop that opened in 1951, plans to close its doors for good on Dec. 31.

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Giant Eagle to acquire 56-store Ricker's chain

Ricker’s Chairman Jay Ricker told IBJ on Thursday morning that a purchase agreement for his 39-year-old company is in place and the deal is expected to close by the end of the month.

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Owner of fashion retailer with seven area stores considering sale

The parent of Ann Taylor and Lane Bryant is exploring options for its lower-priced women’s clothing chain, Dressbarn, according to people familiar with the matter.

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South Bend Chocolate Co. to open location in Carmel

South Bend Chocolate Co. is set to open one of its Chocolate Cafes in space that formerly housed a tattoo parlor and a convenience store.

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Barnes & Noble going private in $476M sale to hedge fund

Barnes & Noble, which still has 627 stores in the United States, including five in the Indianapolis area, is being acquired by Elliott Management for $6.50 per share.

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Toys ‘R’ Us, back from dead, plans to open U.S. stores in 2019

About a year after closing U.S. operations, the remnant of the defunct toy chain is set to return this holiday season by opening some U.S. stores and an e-commerce site, according to people familiar...

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Fashion accessory retailer Charming Charlie going out of business

The 15-year-old chain, which has stores in Carmel, Noblesville and Greenwood, plans to close all 261 of its locations after filing for Chapter 11 bankruptcy.

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