Cyber Monday gears up to get online shoppers hyped
But with retailers extending their online deals into “Cyber Week” and even “Cyber Month,” some shoppers aren’t quite seeing the jaw-dropping deals they were hoping for online.
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UPDATE: Prominent jeweler’s $4M inventory up for auction
The inventory of Aronstam Fine Jewelers, located at Keystone at the Crossing, will be auctioned to help satisfy creditor debt.
Kroger plans new store on southeast side
A nearly 100,000-square-foot Kroger grocery store is set to anchor a major development in an area on the southeast side that’s been void of much commercial activity.
Car dealers lay claim to State Road 37 corridor
When Terry Lee Hyundai opens in Noblesville next spring, it will become the 10th new-car dealership operating on a six-mile stretch of State Road 37 in Hamilton County—and development isn’t done.
Despite rise in fortunes, holiday shoppers to spend cautiously
Gas prices may be hovering at a four-year low, but Americans are paying more for food, health care and other costs. Unemployment is low, too, but then so is wage growth.
Steak n Shake profit falls as franchised restaurants grow
The Indianapolis-based burger chain’s smaller annual profit resulted from an ongoing effort to increase the company’s number of franchised restaurants, with plans to open units as far away as the Middle East.
Bloomington tavern taking prominent downtown Indy site
The Tap beer bar has agreed to lease 6,870 square feet at the corner of New York and Delaware streets in the Pulliam Square development.
Settlement reached in Steak n Shake franchisee suit
It's not clear whether the settlement Steak n Shake has reached with St. Louis-based Druco Restaurants will give the franchisee more leeway on pricing.
Orange Leaf franchisee seeks $33M in suit
A dispute between one of the nation’s largest frozen yogurt chains and a local franchisee has sparked dueling lawsuits, in one of which the franchisee is seeking $33 million in damages.
Finish Line adds chain of running specialty stores
The Finish Line Inc. has acquired a chain of five stores in the Kansas City, Missouri, area through its subsidiary, the Running Specialty Group.
Sources: Simon eyeing Anson for outlet mall
The Indianapolis-based mall developer is planning to build on 50 acres near Interstate 65 and Whitestown Parkway in Boone County, sources say, and could have a deal finalized early next year.
Pending sale could bring big retail project to Anson
An unidentified buyer has agreed to acquire about 50 acres of high-profile land in Whitestown’s sprawling Anson development, retail broker Jacqueline Haynes said.
HHGregg looking for new merchandising chief—again
HHGregg Inc. is about to embark on a search for its fourth merchandising manager in just over two years, the Indianapolis-based retailer disclosed in a filing with the SEC.
U.S. retail sales rise ahead of holiday shopping
The Commerce Department said Friday that retail sales rose 0.3 percent last month after falling by the same amount in September.
State’s publicly traded retailers aim to cash in on bright holiday forecasts
Shares of The Finish Line Inc., HHGregg Inc. and The Shoe Carnival Inc. all have lost value this year and are trailing major stock indexes by a wide margin.
Butler Nissan dealership in Fishers changes hands
Ed Martin Auto Group has taken over the Butler Nissan dealership in Fishers, but it’s not clear yet what the change means for Ed Martin’s Indianapolis Nissan outlet.
Purdue economist: Turkeys slightly more expensive this year
A Purdue University agricultural economist says Thanksgiving food shoppers will find adequate supplies of turkeys but possibly at slightly higher prices.
Green BEAN Delivery expands to Kokomo
Indianapolis-based Grean BEAN Delivery will serve Kokomo through a partnership with Delphi Electronics and Safety.
Booze app inflames liquor battle
A liquor store chain’s decision to offer alcohol-delivery via smartphone app has sparked the latest skirmish in a years-long squabble over alcohol regulation in Indiana.
Online retailer helps mom-and-pop running-shoe stores compete
To address a troubling trend he noticed while operating running retailer Blue Mile, Bob Kennedy launched Indianapolis-based eRun Solutions LLC to help the mom-and-pops of the running world go toe-to-toe with their larger retail rivals.