Genesco still seeking buyer for Lids amid declining sales
Tennessee-based parent Genesco says it is still optimistic it can sell its Lids unit, while acknowledging it has taken longer than expected to find a buyer for the headwear retailer.
Susan Orr
Articles
Q&A with Chelsea Haring-Cozzi, CHIP’s new executive director
Chelsea Haring-Cozzi knows, through a close relative’s experience, how important a safety net can be in keeping people from becoming homeless.
Pacers Bikeshare rolling out major expansion in 2019
The Indiana Pacers Bikeshare program plans to roll out 23 new stations next summer—some of which will be miles away from the Mile Square.
St. Louis calzone shop set for downtown Indy, Carmel
The local operator liked the concept so much he convinced the owner to franchise it. Also this week: Rooster’s Kitchen, Capture Fitness, Pies & Pints, Agape Pizza, Dough Life, Indyo, Pots & Pans Pie Co. and Goodwill.
Greenwood-based One Click Ventures acquired by eyewear heavyweight
Randy Stocklin, who founded the company with his wife, Angie Stocklin, will remain with the company.
Gallery Pastry Shop to open second, larger location
The pastry shop, which opened its Broad Ripple business in 2016, plans to open another location in 2020 in a new building in the Old Northside neighborhood.
Virtual reality plays growing role in retail
Early-adopter retailers in central Indiana—including Walmart, Macy’s and California Closets—are embracing virtual reality for employee training or to enhance customer experiences.
America’s Floor Source making crosstown move, adding showroom
The expansion positions Indy as a second headquarters. Also, in the week’s roundup: Ash & Elm, Red Dog Books, Miracle on South Street, JD Sports, At Home and much more.
IndyGo OK so far with electric buses, despite Albuquerque woes
IndyGo and bus maker BYD Ltd. say they’re confident the electric buses Indianapolis plans to use for the Red Line will meet the system’s needs.
IndyGo, planning on electric buses for Red Line, skeptical of Albuquerque’s reported woes
The city of Albuquerque, New Mexico, says it has discovered serious structural and safety problems with the same model of electric bus IndyGo plans to use for the Red Line.
Former Marsh store in Castleton area lands new tenant
Jane Pauley Community Health Center plans to fill about a third of the space, which was vacated by defunct grocery chain Marsh Supermarkets in May 2017.
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.
Firms could hire marginalized workers to keep economic growth humming, expert says
The unemployment rate is so low that the U.S. economy risks slipping into recession due to lack of labor. Businesses should consider hiring ex-offenders and other prospects that they previously have avoided, according to a chief economic strategist for Fifth Third Bank.
Insurance stalwart might be on sale block
Trucking insurer Protective Insurance Corp., long known as Baldwin & Lyons, has skidded into red ink and now is pursuing “potential strategic partnerships or transactions.“
King Dough coming to long-vacant Holy Cross property
This will be the second location for the restaurant that started in Bloomington in 2015. Also, Taste this Fish opens in Brightwood.
Carmel-based enVista helps retailers navigate e-commerce
The rise of e-commerce, technology and big data has brought big changes to the retail industry—and big opportunities for Carmel-based software and consulting company enVista LLC.
Rethink 65/70 group to pitch below-ground downtown interstate plan
The group says its alternative vision for the north-split project includes building below-grade highways, reducing the amount of land currently used for public rights of way and freeing dozens of acres for development.
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.
Society of Salvage shifting to online-only retail model
Holy Cross-area shop wants to grow exposure and shrink costs. Also this week: Cumberland Grill, Commissary Barber and Barista, Greek’s Pizzeria and more.
Cummins focuses on both diesel and uncertain electric future
Columbus-based Cummins Inc. is doing a bit of a juggling act these days—staking its claim in the new realm of electric vehicles while keeping its legacy diesel business humming.