Amazon to raise average hourly pay by $1 to $19 in October
Beginning in October, warehouse and transportation workers would earn between $16 and $26 an hour, depending on their position and location in the U.S.
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Upland Brewing to expand in Indy area with taproom near Castleton
Upland will add to its local roster that includes locations in Fountain Square, Carmel and the intersection of 49th Street and College Avenue.
BJ’s Wholesale Club ready to open store in Noblesville
BJ’s is the third-largest warehouse club chain in the country with 230 warehouse-style stores in 17 states, mostly in the eastern United States.
High Alpha startup Humankind closes on $4.2M seed round
Humankind is a software-as-a-service company whose platform allows retailers to make personal connections with online shoppers. Indianapolis-based venture studio launched the company last fall, and it now has 16 employees.
Walmart, Target begin holidays early to ease inflation sting
The holiday sales strategies, announced on Thursday, come amid what is expected to be slower holiday sales growth compared with a year ago.
Outdoor retailer Sierra planning to open first Indiana store in Carmel
The chain is owned by TJX Companies Inc. and has 66 stores in 25 states, including five in Illinois, five in Michigan, two in Ohio and one in Kentucky.
Total Wine & More plans store in Westfield—its fourth in Indiana since legal victory
The Bethesda, Maryland-based liquor superstore chain will open the 34,000-square-foot store—its largest in Indiana—on Sept. 28 at Cool Creek Commons at 2520 E. 146th St. in Westfield.
Walmart takes cautious approach to holiday hiring
Retailers face a slowdown in consumer spending as shoppers face surging costs in daily necessities including rent and food. A slew of retailers including Walmart, Best Buy and Stitch Fix have trimmed their staffing in recent weeks.
Indiana-based Vera Bradley hires longtime retail exec as new CEO
Jacqueline Ardrey Ardrey will succeed president and CEO Robert Wallstrom, who earlier this year announced his plans to retire after leading the company since 2013.
Online sneaker business is a Fishers father-daughter venture
Abby Vitale’s struggle to find sneakers she liked in a woman’s size 7 last year at a shoe resellers’ convention has led to a growing business and has established an online community for female sneakerheads.
Fountain Fletcher is new name for boosting prominent neighborhoods
The brand, unveiled in August, was created by the Greater Virginia Avenue Corridor Economic Improvement District to market businesses in Fountain Square, Fletcher Place, North Square and Holy Rosary.
New off-price fashion retailer Daily Thread to open Circle Centre store
Parent company NYC Alliance Group, which owns several clothing brands, began opening Daily Thread stores in the Midwest a year ago and has already grown the chain to more than 40 stores, including at least five in Indiana.
Retail sales saw slight increase in August amid inflation
Overall spending has slowed and shifted increasingly toward necessities like food, while spending on electronics, furniture, new clothes and other non-necessities has faded.
Starbucks to revamp stores to speed service, boost morale
The company also said it plans to open 2,000 net new stores in the U.S. by 2025, with an emphasis on meeting the growing demand for new types of service, including drive-thru, mobile ordering and delivery.
North High Brewing Co. opening taproom in Circle Centre Mall
The Ohio-based brewer plans to begin serving pizza and craft beer Thursday in part of the former Granite City Food & Brewery location in the downtown mall.
Visa, Mastercard, AmEx to start categorizing gun shop sales
The moves likely will provoke the ire of gun rights advocates and gun lobbyists, who have argued that categorizing gun sales would unfairly flag an industry when most sales do not lead to mass shootings.
ClusterTruck spins off its software platform into a standalone business
The spinoff, Empower Delivery, is targeting independent restaurant chains that have between five and 50 locations in a market but haven’t yet gotten into delivery in a big way.
Americans splurge on beauty, despite pullbacks elsewhere
One possible explanation for why beauty is thriving when consumers are more apprehensive about their spending is a long-held theory known as the “lipstick index,” which posits that lipstick sales rise during times of economic downturn.
Giant Eagle planning new Market District supermarket in Westfield
Pittsburgh-based Giant Eagle swooped into the Indianapolis market in October 2015 by opening a Market District supermarket in Carmel. It also owns more than 50 GetGo Cafe + Market stores in central Indiana.
Bed Bath & Beyond to close 150 stores, cut workforce by 20%
Shares of Bed Bath & Beyond lost nearly a quarter of their value Wednesday after the struggling home goods retailer announced a restructuring that includes store closures, layoffs and a possible stock offering.