Ricker rebranding 17 Indianapolis convenience stores
Anderson-based Ricker Oil Co. is changing the name on the ampm shops, which it acquired in 2008 from a division of oil giant BP, to match the remainder of its 50 Indiana stores.
Retail
Articles
Holy Cross startup sees plenty of room for more craft brewers
A startup brewery called Flat 12 Bierwerks has ignited a revival along lonely Dorman Street in Holy Cross, one of the city’s oldest neighborhoods.
Naysayers place big bet HHGregg will stumble
Traditional analysts are high on the electronics retailer, but short-sellers, those who profit when a stock falls instead of rises, couldn't disagree more.
Retailers scout new Indy-area locations
Several restaurants, including three pizza chains, and an adult-oriented retail store are planning new locations around the city.
INSIDE DISH: Saffron Cafe surges in second year
After a $150,000 startup and skin-of-their-teeth opening in 2009, sales at downtown's Moroccan eatery have spiked as word has spread.
UPDATE: United Kingdom mall owner rejects Simon bid
Capital Shopping Centres Group Plc, the United Kingdom’s biggest shopping mall owner, turned down Simon Property Group Inc.’s $4.6 billion bid, describing it as “inadequate.”
Simon bids $4.6B for U.K.’s Capital Shopping
Indianapolis-based Simon Property Group Inc., the largest U.S. mall owner, made an offer for Capital Shopping Centres Group Plc that values the U.K. company at $4.6 billion.
TJX closing South Bend facility, cutting 725 jobs
More than 700 workers will lose their jobs when an A.J. Wright distribution center in South Bend closes next year as part of as a national consolidation by parent TJX Cos.
Simon’s options for Capital Shopping takeover dwindling
Simon Property Group Inc. may be running out of options in its quest to take over Capital Shopping Centres Group Plc and become the largest mall owner in the United Kingdom.
Steak n Shake’s annual profit sizzles
The Indianapolis-based restaurant chain grew pretax profit in fiscal 2010 to $37.7 million, a 331-percent increase compared with the previous fiscal year.
Longtime local Cadillac dealer loses fight to sell car
Tutwiler Cadillac, which has sold Cadillacs in the Indianapolis area for almost five decades, has lost its franchise despite a long battle with General Motors.
TJX closing A.J. Wright brand, cutting 4,400 jobs
Indianapolis has four A.J. Wright stores that are slated for conversions rather than closures.
Feds charge Marsh with unfair labor practices
The National Labor Relations Board filed a formal complaint after investigating charges that Marsh Supermarkets threatened and intimidated employees to discourage them from forming a union. The grocery chain also allegedly fired an employee for supporting the union.
$7.5M Fletcher Arts project gets back on track
Developer and architect Craig Von Deylen is finalizing plans for a mixed-use project just west of the intersection of Virginia Avenue and East McCarty Street.
Online ‘daily deals’ coupons transform local advertising
A big-dollar offer from Google for Groupon—the undisputed king of a U.S. daily deal industry already worth $2.5 billion a year—has emboldened an armada of coupon competitors looking to grab a piece of the fast-growing market.
City Market tenant agrees to move to alternate space
Under a settlement, the Indianapolis City Market dropped its attempts to evict the Grecian Garden after the restaurant said it would relocate to accommodate a renovation.
INSIDE DISH: Irvington favorite breaks off slice for Greenwood
The owners of Jockamo Upper Crust Pizza had seen other local eateries sink after expanding. They weighed many risks before pulling the trigger.
Renewed Sunday liquor fight to focus on money
Backers of the proposed legislation have begun touting a study estimating that as much as $9 million in additional tax revenue would be generated for Indiana by the allowance of Sunday sales.
Retail giants hope to cash in on local flavor
National retailers from Macy’s to Walmart, Best Buy to Lowe’s—brands built on national scale and buying in bulk to lower costs and muscle out competitors—are offering a new proposition to customers: Help us become more local.
Noble Roman’s expanding grocery-product line
The pizza franchisor will begin offering pasta sauce, Parmesan cheese, cheesy bread sticks, cheese dip and a deep-dish lasagna dish to grocery stores to supplement franchise revenue.