Gerdt Furniture to close doors after 53-year run
The last remaining store for the family-owned business, which recently shuttered its Castleton location, will stage a liquidation sale on Dec. 28.
Retail
Articles
Stores brace for snow during final shopping days
With sales during the holiday shopping season disappointing so far, the nation’s retailers are depending even more on these final days leading up to Christmas for a boost in business. Retailers are hoping the storm won’t change shoppers’ plans.
Finish Line pulls plug on new website
The Indianapolis-based chain rolled out a new FinishLine.com four days before Black Friday. But glitches and customer complaints forced it to revert to the legacy version Dec. 6.
Landmark Anderson drugstore closes after 80 years
Howard Gwinn worked as a teacher and a Chicago-based pharmacist before opening shop at Fifth Street and Madison Avenue in Anderson in 1932. The drugstore he founded was a neighborhood fixture until closing Wednesday night.
Scotty’s plans new restaurants, loses contracts on others
Scott Wise, who operates nine restaurants in Indiana, plans to open two more Scotty’s Brewhouses in Indiana next year. However, his company also is losing the management contracts on two restaurants that carry the Scotty’s name.
Startup’s stuffed toys help kids do good
Indianapolis-based Promise Monsters makes and sell plush toys that promote kindness through secret “missions” kids are asked to complete.
Retail, apartment blitz hits Fishers
It seems as if all of Fishers is under construction—and not just the perpetual improvements to Interstate 69. Developers have lined up a multitude of deals adding residential and commercial space, projects that are coinciding with the town’s recent voter-approved transition to a city.
Lawmakers may tighten grip on gold-buying business
State lawmakers and Indianapolis officials are looking to regulate the gold-buying business, which police say provides an easy outlet for stolen goods. Cash-for-gold stores have multiplied as prices more than doubled since 2007.
Bill would crack down on convenience store safety
Stores with crime problems that wanted to remain open overnight would have to do one of the following: have two employees working, install a bulletproof enclosure, have a security guard or conduct business through a pass-through trough.
Luck apparel sales soar for MainGate
The rookie quarterback’s jersey is No. 6 in sales among all NFL players, according to the league.
As Simon soars, two big mall anchors retrench
Are Simon investors overlooking the potential fallout from trouble at two of the mall giant’s biggest tenants, Sears and JCPenney?
Retailers report weak sales gains for November
Major retailers such as Kohl's, Target and Macy's on Thursday reported slow sales in November as a strong start to the holiday shopping season wasn't enough to fully offset a slow start to the month caused by Superstorm Sandy.
Upscale grocer Fresh Market planning Fishers store
Specialty grocery chain The Fresh Market is planning its third store in the Indianapolis area, this time at 116th Street and Cumberland Road in Fishers.
Items in ’12 Days of Christmas’ increase to $107,000
If you get buy all 364 items repeated throughout “The Twelve Days of Christmas” carol, you’ll pay 6.1 percent more this year, according to the so-called Christmas Price Index that PNC Wealth Management updates annually.
Experts predict 20-percent growth in Cyber Monday shopping
This year’s Cyber Monday could be the biggest online shopping day of the year for the third year in a row. Indianapolis-based retailers The Finish Line and HHGregg are among those offering Cyber Monday specials.
Thanksgiving steals sales from Black Friday
Saturday's report from retail technology company ShopperTrak finds consumers spent $11.2 billion at stores across the U.S. That is down 1.8 percent from last year's total.
Cherub back guarding Indianapolis holiday shoppers
A downtown Indianapolis holiday icon has returned to its perch. A bronze cherub sculpture is back above a clock mounted outside the Circle Centre mall at Washington and Meridian streets.
Small stores vie for slice of holiday-shopping pie
National retailers are licking their chops over the $586 billion consumers are expected to spend during the holiday season, and small-business owners also are bellying up to the buffet.
South-side shopping center fills up on shoes, furniture
Shoe Carnival, Rooms Express will bring Southport Plaza to full occupancy for the first time in four years.
Ready, set, shop!
Before you blow the holiday budget on Midnight Madness deals and Tryptophan Thursday specials, independent shop owners want to make sure you know about Small Business Saturday.