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.
View ArticleHarry 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.
View ArticleIndiana 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.
View ArticleDe 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.
View ArticleLocal 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...
View ArticleRecord 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...
View ArticleBrookstone planning to shut down most stores after bankruptcy filing
In Indiana, Brookstone has stores in Circle Centre mall and at Indianapolis International Airport.
View ArticleBrookstone 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...
View ArticleIndependent 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.
View ArticleGiant 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.
View ArticleNation'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.
View ArticleNaptown 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.
View ArticleRetailers 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.
View ArticleDuo 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.
View ArticleGeoffrey 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.
View ArticleNational 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.
View ArticleStringtown 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.
View ArticleGiant 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.
View ArticleOwner 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.
View ArticleSouth 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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