Krieg Bros. building sold to owner of nearby structure
Buyer Rick Coombes also owns the building at 111 S. Meridian St., the former home of Brenner Luggage, located just north of where the religious store operated for decades.
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Cracker Barrel rebuffs Biglari
Cracker Barrel shareholders appear to have rejected Sardar Biglari’s move to join the restaurant chain’s board, but stopped short of passing a “poison pill” plan that would deter outside investors from taking over the business.
Deceased HHGregg executive prospered in tough industry
Jerry Throgmartin, 57, died Jan. 22, 2012, at the age of 57. His family said he died from complications of meningitis—an infection that leads to inflammation of the membranes covering the brain and spinal cord.
Group plans another push for Sunday alcohol sales
A coalition of convenience and grocery stores said Wednesday that they will renew their push for Sunday carry-out alcohol sales and cold sales of beer, but with a twist.
CEO: Steak n Shake poised for global growth
In his annual letter to shareholders, Sardar Biglari says he has commitments for 110 new franchises and thinks the Indianapolis-based restaurant chain could take its concept overseas.
U.S. retail sales increase for sixth straight month
Americans spent more on autos, furniture and clothing at the start of the crucial holiday shopping season, boosting retail sales for a sixth straight month. Meanwhile, sales fell at grocery stores, building supply stores and restaurants.
Biglari set to make big move on Cracker Barrel
Cracker Barrel will hold its annual shareholder meeting Dec. 20, and Sardar Biglari, who controls Indianapolis-based Steak n Shake, is seeking a seat on the company's board of directors.
DeLaney calls for action to boost safety at convenience stores
State Rep. Ed DeLaney, an Indianapolis Democrat, said at a Wednesday morning press conference that he has asked the Indiana Department of Labor to convene a forum about worker safety with police, convenience store operators, Department of Labor officials and other interested parties.
Christy’s auctioning inventory of religious supply store
Krieg Bros. Religious Supply House is closing Saturday after nearly 120 years in business. Items worth an estimated total of $400,000 are set to be sold by Christy’s of Indiana.
Popular chain plans to launch restaurant in Noblesville
Huntington Beach, Calif.-based BJ’s opened its first central Indiana location in 2008 at Greenwood Park Mall.
Malls see big changes just in time for holidays
New stories have debuted at malls across the Indianapolis area. Many are pop-up shops eager to capitalize on holiday shoppers and the Super Bowl crowds.
Steak n Shake hit with overtime lawsuit
Two workers at restaurants in Georgia are suing the Indianapolis-based burger chain for failing to pay minimum wage and overtime to hourly employees.
Black Friday boosts car sales to best rate since ‘Clunkers’
U.S. consumers, who set records for retail purchases during Thanksgiving weekend, helped boost U.S. auto sales in November to what is likely to be their fastest pace in more than two years.
Finish Line exec Cohen plans to retire in March
Chief Administrative Officer and Corporate Secretary Gary Cohen, a key figure in a recent acquisition, will step down from his posts on Thursday and will help with the transition until his retirement in 2012.
Indiana retailers making push for online sales tax
A new coalition of Indiana retailers is planning a lobbying push aimed at convincing state lawmakers to force online businesses to collect the state's 7-percent sales taxes from customers.
Thanksgiving weekend retail sales jump to record $52.4B
U.S. retail sales during Thanksgiving weekend climbed 16 percent to a record, as shoppers flocked to stores earlier and spent more, according to the National Retail Federation. Sales totaled $52.4 billion, and the average shopper spent $398.62 over the holiday weekend, up from $365.34 a year earlier.
Shoppers scuffle on earlier-than-ever Black Friday
A shopper in Los Angeles pepper-sprayed her competition for an Xbox and scuffles broke out elsewhere around the U.S. as bargain-hunters started the madness known as Black Friday. In all, 152 million people are expected to shop this weekend in the U.S., and will account for about 12 percent of overall holiday revenue.
Washington Square owner Simon not paying on $12.8M loan
Traffic is low and vacancies are high at Washington Square Mall, the most troubled local property for Indianapolis-based mall giant Simon Property Group Inc.
New restaurant to anchor Fountain Square Theatre building
The End of the Line Public House will replace the Shelbi Street Cafe.
Indy Reads to open downtown bookstore
Literacy group seeks more visibility, outlet for used book donations.