Kohl’s shareholders reject board nominees pushed by activist that urges sale
The department store said Wednesday that shareholders have voted to re-elect all 13 of its director nominees, according to a preliminary tally at its shareholders’ meeting.
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Amazon reports rare quarterly loss as online shopping slows
Amazon prospered during the COVID-19 pandemic as homebound people eager to limit human contact turned online to purchase what they need. But growth has slowed as vaccinated Americans feel more comfortable going out.
Home furnishings retailer plans to turn DeHaan estate into giant showroom, restaurant
National retailer RH is teaming with a developer to take over Linden House—the 152-acre Indianapolis estate of late businesswoman and philanthropist Christel DeHaan—and turn it into a huge home furnishings showroom, interior design gallery, upscale restaurant, wine bar and outdoor furniture gallery.
Walmart: Burned fulfillment center where 2,089 worked to remain closed
Walmart said 957 of the people employed at the facility have accepted new jobs with the company, while 1,132 “have not accepted alternative positions.”
In Indianapolis, Record Store Day is a full weekend of celebrating vinyl
After local shops observe Record Store Day on April 23, Indy CD & Vinyl will throw a 20th-anniversary party on April 24.
Total Wine & More taking former grocery space at Hamilton Town Center
The national liquor superstore chain that entered the Indianapolis market in 2020 with a store in Nora has filed plans for a 23,451-square-foot store at 13145 Levinson Lane in Noblesville.
Retail sales rose 0.5% in March amid soaring inflation
Soaring prices on everything, particularly at the gas pump, are now making shoppers choosier about how they spend their money.
Baby formula shortage strains families, forces stores to ration
Roughly 30% of formula products were out of stock across the country the week of April 3, according to data from Datasembly, a retail software company.
Once a retail giant, Kmart down to just three stores
Kmart’s demise is attributed to the rise of Walmart and Target and online behemoth Amazon. But retail expert Mark Cohen says the company also was dogged by poor management decisions and could have stayed viable.
Q&A with Gwendolyn Rogers, who is grasping her Disney dream
Rogers is placing one of her Cake Bake Shop restaurants at Disney’s BoardWalk at Walt Disney World Resort near Orlando. The Disney site is expected to open next year.
Cafe Patachou, Amelia’s Bread among four tenants lined up for revamped Stutz
SomeraRoad Inc., which acquired the Stutz Motor Car Co. factory complex last year for $25.8 million, confirmed Friday the four businesses will open on the ground floor of two Stutz buildings closest to the intersection of North Capitol Avenue and 10th Street.
‘MasterChef’ champion opens hometown restaurant at Fishers Test Kitchen
Inspo, a concept by Fishers resident Kelsey Murphy, joins One Trick Pony and Gordito’s at Fishers Test Kitchen.
Familiar name, self-pour beer concept planned at former Moe & Johnny’s site
The Bulldog Bar & Lounge, which is expected to open in May, will feature 48 self-serve taps in addition to traditional bar service and a restaurant named BD Social.
Gershman, Citimark partner with Milhaus on $65M Broad Ripple project
The project at the site of a former Kroger store is expected to consist of about 234 apartment units, a 240-space parking garage and 3,600 square feet of street-level restaurant space.
The changing face of Indy’s malls
Local malls and shopping centers are continuing to grapple with the decline in brick-and-mortar retail demand by trying to reinvent themselves with a focus on amenities.
Kirk’s ending historic hardware store run in downtown Noblesville
Kirk’s Hardware, owned by Bill and Carrie Prater since 2002, is set to close at the end of the month. The 133-year-old, six-floor building that houses the business at 848 Logan St. has always had a hardware store as a ground-floor occupant.
Walmart ‘still in evaluation process’ after Plainfield facility fire
Until the company determines whether or not the massive distribution building can be salvaged, Walmart will rely on its other 45 or so e-commerce fulfillment centers across the United States to complete orders.
Retail sales rose 0.3% in February amid higher prices
After beginning the year in a buying mood, Americans slowed their spending in February on gadgets, home furnishings and other discretionary items as higher prices for food, gasoline, and shelter consumed more of their wallets.
Next site for Cake Bake Shop is Walt Disney World Resort
The Cake Bake Shop by Gwendolyn Rogers will join restaurants and shops along Disney’s BoardWalk near Orlando, Florida.
Q&A: Haughville native to launch restaurant incubator
Aaron Williams, a Zionsville resident and client executive at Google, is planning to launch a shared kitchen and events center with his wife in Haughville this summer.