Articles

Northeast-side CVS gets nod

The Metropolitan Development Commission has given its blessing to a new CVS store along 82nd Street just east of Interstate
69 over the objection of city planners.

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Efforts target blight on 16th

A stretch of 16th Street could see new life as the Indianapolis Housing Agency plans to redevelop a troubled low-income housing project and Kroger revives efforts to acquire land and plan a new supermarket to replace a cramped, old-format location.

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Shopping center vacancies continue to climb

Vacancies at U.S. shopping malls and retail strip centers have climbed to steep levels, a trend that Indianapolis-based commercial
real estate companies Simon Property Group Inc. and Kite Realty Group Trust haven’t been able to dodge.

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City approves new CVS store

The Metropolitan Development Commission has given its blessing to a new CVS store along 82nd Street just east of Interstate
69.

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Underage alcohol program nabs 370 retailers

An Indiana State Excise Police initiative that uses underage customers to catch retailers selling alcohol to people under
age 21 netted more than 370 violations across Indiana in only three months.

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Recession-stung stores plan old-fashioned holidays

Stores are turning back the clock, conjuring images of hearth and home as they stock their holiday merchandise. Retailers
hope embracing holiday traditions from cozier times will tempt recession-weary consumers to open their wallets in a season
expected to show flat sales at best.

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Finish Line shares rise despite quarterly loss

Shares in locally based athletic retailer The Finish Line Inc. jumped Friday morning after the company reported a narrow loss
for the second fiscal quarter, mostly because of the large cost of unloading its unsuccessful Man Alive stores in July.

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Finish Line suffers second quarter loss

Sporting goods retailer The Finish Line Inc. said on Thursday that it lost $874,000 in the second quarter, mostly because
of a loss it took by unloading its unsuccessful Man Alive stores in July.

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