Few retailers ready for microchip credit, debit cards
As issuers roll out the more secure cards, few local retailers are ready to accept them ahead of the date when they become responsible for fraudulent transactions.
Retail
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Finish Line clocks steady performance in second quarter
The Indianapolis-based retailer of athletic apparel reported profit in its fiscal second quarter of $25.9 million, slightly down from the same quarter a year ago.
Retailers pen worker wish lists for holiday hiring rush
Macy’s Inc. plans to hire about 85,000 seasonal workers ahead of the holidays, while other national retailers like Walmart and Kohl’s aim around the 60,000 range.
Craft breweries rush to open outposts in northern suburbs
Small breweries are tapping the northern Indianapolis suburbs. Four have opened just this year, essentially doubling Hamilton County’s craft beer market. And that growth is expected to continue.
Turkey breast prices jump after bird flu creates shortage
U.S. restaurants and retailers are facing a shortage of turkey-breast meat, with prices at a record high. The nation’s worst outbreak of avian influenza is to blame.
Dental claims firm expands into former Gerdt store in Southport
Renaissance Electronic Services plans to spend $3 million to renovate more than half of the 66,000-square-foot building that once housed Gerdt Furniture's flagship store.
Subway: Review finds ‘serious’ complaint about Fogle
A company spokeswoman would not divulge the nature of the complaint but said it included "nothing that implied anything about sexual behavior or criminal activity."
Kroger online shopping headed to renovated Westfield store
Kroger’s new online shopping option is expanding and the retailer plans to add four pickup lanes at its store at 150 W. 161st St.
McDonald’s all-day breakfast could increase egg shortage
Restaurants have already been struggling to get enough eggs following the worst outbreak of bird flu in U.S. history. With the world’s largest fast-food chain adding all-day breakfast, the strain is only going to increase.
Upbeat Baggott boosts funding, tweaks ClusterTruck for rollout
The ExactTarget co-founder is wrapping up a $2 million seed-funding round and adjusting his new startup’s business model in anticipation of a December launch.
Online music retailer Sweetwater adding 285 jobs
Sweetwater Sound Inc. says it will invest $8.8 million in expanding its Fort Wayne headquarters and creating up to 285 new jobs by the end of 2018.
Finally, McDonald’s to start selling all-day breakfast nationwide
McDonald’s Corp. plans to start selling all-day breakfast across the U.S. on Oct. 6, aiming to reinvigorate sluggish sales by fulfilling a longstanding customer request.
Finish Line seeking tax break for local expansion
The Indianapolis-based retailer of athletic apparel plans to spend $1.3 million to add new equipment and create 100 jobs at its far-east side headquarters and distribution facility, the company disclosed.
Software startup Tenant Tracker hires first leader
Local technology and real estate veteran Keith Kleinmaier will lead the firm as it attempts to become a leader in the business of tracking retail tenant activity.
County assessors may push for stricter big-box tax laws
County assessors say a new law didn’t go far enough to protect counties from losing out on tax revenue from retailers in search of lower tax bills.
Ex-Subway exec says he didn’t know of Fogle’s sex crimes
A former executive who was in charge of Subway's advertising says he wasn't aware of pitchman Jared Fogle's criminal sexual conduct with minors in 2008, contradicting the statement of a former franchisee.
New boss of Frisch’s Big Boy restaurants plans expansion
The new leader of the Frisch's Restaurants chain wants to flex Big Boy's brand muscle with franchise expansion. The changes could mean more Big Boys in Indiana.
Dinosaur-Bar-B-Que calls downtown plans extinct
The Syracuse, New York-based chain said it has chosen to focus on locations closer to its home and will not be opening in space in Circle Centre mall at Meridian and Maryland streets.
Developer agrees to bring taco chain to Indianapolis
Michael House plans to open five Taco John’s restaurants in Indianapolis with an option to open 10 more for the Cheyenne, Wyoming-based fast-food franchise.
Instacart rolls out grocery delivery service in Indianapolis
Instacart said it has hired 70 local shoppers who will pick up and deliver merchandise starting Tuesday from Marsh Supermarkets, Whole Foods Market, Petco, Georgetown Market and Costco.