HHGregg’s profit, revenue rise, but same-store sales fall
Indianapolis-based HHGregg boosted its fourth-quarter profit thanks to 42 stores that opened during 2010, off-setting decreased sales at retail locations operating for more than a year.
Indianapolis-based HHGregg boosted its fourth-quarter profit thanks to 42 stores that opened during 2010, off-setting decreased sales at retail locations operating for more than a year.
Centier Bank, a financial firm with 45 branches in northwest Indiana, has opened a business banking office in Carmel and is considering future expansion in the Indianapolis-area market.
Auctioneer Melissa Davis and her father, Jack Christy, owner of Christy’s of Indiana Inc., have purchased the 90-year-old Reppert Auction School and are relocating it to Indianapolis.
Despite a decrease in private sector jobs, Indiana’s unemployment rate in April dropped 0.3 percentage points, to 8.2 percent, the lowest it’s been since December 2008.
Federal data shows no more than 20 percent of residents in Gibson County have basic broadband Internet service.
Firm will handle advertising, marketing and digital promotions for the track formerly known as Indianapolis Raceway Park.
The battery maker has been hurt by slow sales of electric car manufactured in Elkhart.
City would become third U.S. location for lender that makes small business microloans to the poor.
IMS CEO Jeff Belskus tells IBJ that ticket sales for the race are the best they've been in five years.
The IndyCar Ministry is a nondenominational Christian organization, which was developed to pastor the racing community.
Zionsville’s family feud over commercial real estate development has stirred passions among people who seem to agree, at least outwardly, on one point: The town’s growth should be managed to preserve its quality of life.
The Minneapolis-based appliance and electronics retailer plans to close the facility by the end of March. Employees will be terminated in phases beginning in July.
Dan Fink, who joined Riley Hospital for Children nearly six years ago, will depart Friday. Marilyn Cox will serve as interim president and CEO while Riley conducts a national search for a new leader.
A proposed ordinance would crack down on “predatory” towing practices by requiring tow-truck operators to adhere to several rules meant to protect consumers.
The Indianapolis-based professional employer organization reported a profit of $265,000 in the first quarter after posting a loss of $426,000 in the same three months last year.
Jamie Comstock will serve as temporary leader from June 1 to Aug. 1, as Butler University makes the transition between outgoing President Bobby Fong and President-elect James Danko.
In the nine-county area, the number of building permits filed in April climbed to 361, an increase of 10 percent from the same month in 2010.
Indianapolis-area home-sale agreements fell 36.4 percent in April compared to the same month last year, marking 12 consecutive months in which year-over-year sales have fallen.