Ricker's would get reprieve—for now—under measure approved by House panel
The convenience store chain would be able to keep the permits that two locations use to sell cold carryout beer—a hot-button issue for Indiana liquor stores. Renewing the permits might be trickier.
View ArticleOwners lavish more than love on pets—and businesses respond
U.S. spending on pets has increased every year since at least 1994, with the largest boost—nearly 11 percent—occurring last year.
View ArticleIndiana toy store calling it quits after nearly eight decades
Veach's Toy Station, founded in 1938, plans to close its 16,000-square-foot store in August due to declining sales.
View ArticleAudio firm finds 'Made in USA' strikes chord
Indy Audio Labs, founded in 2009, serves a very exclusive market niche—high-end audio equipment for home music and theater buffs.
View ArticleNational children's retailer closing five Indiana stores
Children's clothing retailer Gymboree Corp. is closing 350 stores—including multiple shops in Indiana—as its works to restructure in bankruptcy. The Indianapolis area did not avoid the closure list.
View ArticleVaping industry takes off after monopoly removed
Indiana’s once-struggling vaping industry is expanding again now that a new state law has eliminated a monopoly that strangled manufacturers’ ability to sell their products here.
View ArticleFragrance retailer with local store files for bankruptcy protection
Fragrance seller Perfumania has filed for bankruptcy protection, and plans to close 65 of its 230 stores as it focuses more on selling online.
View ArticleOldest business in downtown Fishers closing
The family-owned meat shop and full-service caterer has been operating in the northern suburbs since 1966. It moved from Zionsville to Fishers in 1969.
View ArticleSome Toys `R' Us vendors cutting shipments on bankruptcy fears
Some suppliers to Toys “R” Us Inc. have scaled back shipments to the retailer as it struggles to refinance debt and avoid a potential bankruptcy filing, according to people with knowledge of the matter.
View ArticleToys 'R' Us files for Chapter 11 bankruptcy
The company filed Chapter 11 documents late Monday in U.S. Bankruptcy Court in Richmond, Virginia. The chain secured $3 billion in debtor-in-possession financing to stay open while it restructures,...
View ArticleFurniture stores brace for Ikea's incursion
The long-awaited arrival of Ikea to central Indiana will transform the way many Hoosiers buy furniture.
View ArticleCarmel closet designer to use VR to help customers envision spaces
The VR system will allow customers to use an Oculus Rift headset to virtually explore a closet or other space designed specifically for them.
View ArticleTwo local stores on Toys 'R' Us bankruptcy closure list
The world's largest toy chain is planning to close about 180 Toys "R" Us and Babies "R" Us stores nationally as part of a reorganization plan to emerge from its September bankruptcy, according to a...
View ArticleLids parent 'exploring' sale of struggling retailer
Retail conglomerate Genesco Inc. said Tuesday that it has hired an outside firm to advise it in the potential sale of Zionsville-based Lids Sports Group, its weakest-performing division.
View ArticleHigh-end chocolate retailer latest to abandon Circle Centre
One of Circle Centre’s original tenants is preparing to close, more than 22 years after entering the Indianapolis market with the downtown store.
View ArticleStarbucks says empty storefronts are leading to lower rents
Starbucks Corp. Chairman Howard Schultz said he sees a blessing in all the retail vacancies across the United States—landlords are beginning to reduce rents.
View ArticleRecord 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.
View ArticleShopping 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.
View ArticleToys '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...
View ArticleBabies ‘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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