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.
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.
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.
The End of the Line Public House will replace the Shelbi Street Cafe.
Literacy group seeks more visibility, outlet for used book donations.
Shop owners John and Pam Badger churn out more than 20,000 candy canes in November and December, but they'd like to boost business the other 10 months of the year.
Four package liquor permits in the county west of Indianapolis fetched a total of nearly $1 million, roughly a quarter of the $3.8 million the state netted during an auction of 279 new alcohol permits in Indiana.
The deal is the latest sign of turmoil in the health club industry, which is consolidating after a spurt of overbuilding.
The Indiana-based footwear and accessories company reported Thursday that its earnings rose to $10.5 million for the period ended Oct. 29, up from $9.1 million a year ago.
Three local strip centers owned by longtime Indianapolis developer Centre Properties are the target of a $43 million foreclosure lawsuit brought by the real estate firm’s lender.
Minnesota-based Life Time Fitness is buying the two sites that will remain open. One is in Fishers and the other is near 96th and Meridian streets in Indianapolis.
The Indiana Court of Appeals ruled Bren Simon doesn’t have legal standing to challenge a judge’s decision not to recuse himself from overseeing the court fight over her late husband Melvin’s $2 billion estate.
Indianapolis-based retailer Finish Line is fighting a lawsuit by five women who say their former store manager secretly recorded them in the bathroom and dressing room.
Indianapolis-based Ace Rent A Car expects boost in business after topping big national competitors for first time in J.D. Power and Associates survey.
With an $80,000 nut and some luck with bank loans, D.J. McCallister has beaten staffing woes and an unforeseen sales slump to make newcomer Black Swan Brewpub a break-even enterprise.
The 500-location menswear chain Jos. A. Bank is opening a street-level storefront location on a once-blighted block of East Washington Street, and the vote of confidence from such a growing national retailer could help persuade other stores to give downtown a look.
A teacher for 17 years, Carmel resident Janet Pillsbury opened her store in September to give shoppers more options.
Urban design guidelines prohibit new drive-throughs along Meridian or Pennsylvania streets in the downtown vicinity.
The Oct. 21 shooting of a clerk at a north-side Village Pantry came just four months after the convenience-store chain settled allegations by state inspectors that another of its Indianapolis stores failed to establish and maintain “reasonably safe” working conditions.
Virginia Kay's, a year-old Indianapolis-based doughnut manufacturer that opened a cafe at 2402 N. Meridian St. in September, has gone out of business.
