Articles

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.

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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 The outdated theater in the Walmart-anchored complex couldn’t compete with Showplace 12 at Traders Point, which opened a few years ago

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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.

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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.

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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…

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HHGregg growing too fast?

The fast-growing locally based electronics retailer HHGregg Inc. has seen its stock price rocket more than 80 percent this year as it moves to take advantage of the bankruptcy liquidation of rival Circuit City.

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Smith & Hawken going out of business

Upscale garden retailer Smith & Hawken will close all of its stores by the end of the year, including its Indianapolis
location on River Crossing Boulevard near the Fashion Mall.

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Wine bar planned for Conrad

Plans are in the works for a wine bar called Tastings that would take the first-floor corner space at the Conrad Indianapolis and…

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New restaurants planning to open this month

New restaurants include Iozzo’s Garden of Italy, slated to open July 17 at 946 S. Meridian St.,
in the former home of Leland’s and Cafe@Ray. The owner’s grandfather in the 1940s owned an
800-seat restaurant of the same name where the Hyatt Regency now stands.

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MainGate takes on Vikings

Indianapolis-based merchandiser MainGate Inc. continues scoring deals with National Football League teams.
On July 7, company officials announced they had signed a 10-year deal to be the exclusive retail and merchandising company
for the Minnesota Vikings.

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