Articles

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.

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Turkey Hill chain targets Indianapolis

A convenience-store chain called Turkey Hill Minit Markets is expanding into central Indiana. The chain opened its first Indianapolis store in October and plans to add at least five more by the end of 2011.

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Noble Roman’s reports loss

Costs related to discontinued operations prompted the loss for Noble Roman’s, which is shelving its traditional store model in favor of offering its products in convenience and grocery stores.

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Simon rival General Growth exits Chapter 11

General Growth exits bankruptcy with more than 183 regional malls in 43 states — a retail portfolio second only to Indianapolis-based Simon Property Group Inc., which failed in its bid to scoop up its rival earlier this year.

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