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.
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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.
Fountain Square-based garden center adding Fishers location
Snakeroot Botanicals, co-owned by Square Cat Vinyl founders Patrick Burtch and Mike Angel, plans to sell plants and herbs and other products in Hamilton County.
Lou Malnati’s Pizzeria plans carryout-and-delivery site in Greenwood
The deep-dish pizza specialist will add a Johnson County shop to a burgeoning roster that includes two Indianapolis locations and one in Carmel.
Kohl’s to open 100 small-format stores, expand Sephora shops
As part of its plans to spearhead sales growth, Kohl’s said it forecasts its Sephora business to become a $2 billion juggernaut.
IBJ Podcast: These women wanted a mid-life career change—and bought franchises
The owner of The Human Bean in Indianapolis and Garbanzo Mediterranean Fresh in Zionsville tell host Mason King about the biggest hurdles they faced launching a restaurant (think rising labor costs and supply chain troubles) and why they don’t regret their mid-life career changes.
Food costs, payroll, customer demand increase pressure on restaurants
Record-breaking cash register receipts for restaurants that were able to weather the pandemic represent one statistic of a “trifecta” of big numbers affecting the industry.
Target seeks to lure workers in some areas with pay of up to $24 an hour
When Target first announced in 2017 it would pay $15 an hour by 2020, it was one of the first major retailers to do so. But during the pandemic, a number of rivals like Best Buy followed suit, with some surpassing Target.