Clunkers program a jolt for car sales, not a fix
Now comes the hard part for the auto industry – luring customers without big Cash for Clunkers discounts.
Retail
Articles
Barrington Jewels sparkles despite economic downturn
The recession has put the squeeze on many retailers, but fine jewelry is an exception, at least at Barrington
Jewels. Owners Goel and Mitra Ahdoot are seeing their business flourish.
Kmart closing Martinsville store
Kmart Corp. has notified the Indiana Department of Workforce Development that its Martinsville store will close Nov. 30, costing
48 employees their jobs.
Deal returns Steak n Shake to steakhouse biz
The Steak n Shake Co.’s announcement this morning that it plans to purchase Western Sizzlin Corp. for about $23 million
puts the Indianapolis restaurant company back in the steakhouse business for the first time since exiting it nearly a decade
ago.
Daytime-only eatery eyeing Indianapolis
The Bradenton, Fla.-based First Watch restaurant chain is scoping Indianapolis for franchisees to open as many as a half-dozen
restaurants, a company spokesman said today.
Kahn’s taking former O’Malia store
Kahn’s Fine Wine & Spirits plans to open a second location in a former O’Malia Food Market at the northeast corner of 86th
Street and Township Line Road.
Handmade chocolates shop opens location in Chase Tower
Best Chocolate in Town is expanding beyond its original store on Massachusetts Ave.
Biglari consolidates power, as Steak n Shake rebounds
The Texas investor running the chain doesn’t seem like such a champion of transparency these days.
Two more bars go smoke-free
Gregs and the Talbott Street Nightclub, two prominent bars that cater to gay and lesbian crowds, went smoke-free Aug. 1.
Northwest-side theater closes after 25 years of operation
Locally based Sandor Development Co. is looking for a new tenant for the old AMC Loews College Park 14 movie theater, after
the screens went dark for good in July after a 25-year run at West 86th Street and Michigan Road.
JOSEPH: Don’t repeat Marsh’s mistake
Marsh Supermarkets quickly realized it could not honor the flood of redemptions of the $10 coupon it recently offered to its
Facebook friends.
Noble Roman’s profit up, revenue down
Noble Roman’s Inc. late yesterday reported a larger profit in the second quarter, primarily due to its continuing efforts
to cut expenses by replacing company-owned restaurants with franchises.
Steak n Shake posts profit, rise in customer traffic
Steak n Shake Co. late yesterday reported strong profit and big increases in customer traffic and same-store sales for its
fiscal third quarter, which ended July 1.
College Park theater closes
The AMC Loews College Park 14 movie theater has closed after a 25-year run at West 86th Street and Michigan Road. The outdated theater in the Walmart-anchored complex couldn’t compete with Showplace 12 at Traders Point, which opened a few years ago
Large HHGregg investor ups stake, surprising analysts
HHGregg Inc. shares have enjoyed a spectacular runup this year. But the company’s biggest shareholder is making a
huge bet that the good times are only beginning.
Purdue prof: ‘Clunkers’ could stall retail sales
The federal ‘Cash for Clunkers’ program has opened a floodgate of car sales that President Obama says is a much-needed
boost for the economy. But retailers may feel the negative effects of America’s collective investment in new cars, predicts
a Purdue Retail Institute researcher.
Purdue prof: ‘Clunkers’ could stall retail sales
The federal “Cash for Clunkers” program has opened a floodgate of car sales that President Obama
says is a much-needed boost for the economy. But retailers may feel the negative effects of America’s collective investment
in new cars, predicts a Purdue Retail Institute researcher.
Marsh extends olive branch to angry followers
Marsh Supermarkets late yesterday issued a mea culpa after it stopped honoring a $10 coupon just
days after introducing the online promotion.
Marsh promotion cancellation sparks anger
Marsh Supermarkets’ decision to stop honoring a $10 online coupon just days after introducing the promotion has angered
hundreds of followers of the grocer’s Facebook page.
Co-op grocery plans take shape
Indy Food Cooperative plans to open the city’s first not-for-profit grocery store in a 70-year-old former appliance store along East 10th…