Indianapolis Business Journal

MARCH 13-19, 2017

Ikea, the 800-pound gorilla of furniture retailing, will swing open its doors in Fishers this fall. But the other players in the market say they’re not worried, Scott Olson reports. Also in this week’s issue, Anthony Schoettle charts the evolution of Butler Blue from has-been mascot to marketing powerhouse. And in A&E Etc., Mike Lopresti reviews the eight greatest games in Indy’s long history of hosting March Madness.<

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Despite rich new TV deal, NCAA gets debt downgrade

The governing body for college sports weathered a $411 million deficit in its latest fiscal year. But long term, its financial position appears strong—in no small part because of an $8.8 billion TV contract extension it inked last year for its men's basketball tournament.

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HHGregg files for bankruptcy, lines up buyer

The company did not disclose the identity of the purchaser. CEO Robert Riesbeck said HHGregg is “fully committed” to continuing to operate the 132 stores that will remain after it completes the closings announced last week of 88 stores.

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KIM: Buffett lauds market system, immigrants for U.S. abundance

Fans of Berkshire Hathaway CEO Warren Buffett eagerly await the last Saturday in February for his annual letter to shareholders to be posted. With U.S. stocks and political divisions running at record levels, Buffett offered some cool-headed historical perspective and timeless investment advice in his 2016 letter. According to Buffett, “One word sums up our […]

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In BriefBack to Top