Articles

HHGregg ratchets back, but analysts still uneasy

HHGregg now has 228 stores in 20 states. So it has grown a great deal. But the “exceptional store economics” it used to promote are gone, thanks largely to a breathtaking collapse in sales of flat-screen televisions.

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HHGregg shares tumble on profit warning

HHGregg shares fell 10 percent in early trading Monday after the Indianapolis-based appliance and electronics retailer slashed its 2013 profit forecast almost 25 percent on a sharper-than-expected drop in television sales.

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Downtown Arvey store reopens under new ownership

Arvey Paper & Office Products at 1021 N. Pennsylvania St. began serving customers again in December after closing for six months. A former executive of Arvey’s previous parent company bought the name and has reopened five stores nationwide.

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Bazbeaux founders settle lawsuit

Former husband and wife agree to end joint ownership of pizza restaurant, ending dispute that erupted with opening of Fountain Square sandwich shop.

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Holiday retail sales growth weakest since 2008

Shoppers were buffeted this year by a string of events that made them less likely to spend. The numbers also show how Washington’s current budget impasse is trickling down to Main Street and unsettling consumers.

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