Kohl’s confirms approach about potential acquisition
Kohl’s said Monday that its board is reviewing the offers, sending shares up more than 30% in early trading Monday.
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Key GOP senator proposes brief summer reprieve from sales tax
Senate Bill 325, authored by Republican Sen. Travis Holdman, chairman of the powerful Senate Tax and Fiscal Policy Committee, would make any retail item purchased July 15-31 exempt from Indiana’s 7% sales tax.
Safeway supermarkets switches to employee-owned structure
The former owner of the five-store local chain said he made the switch to reward employees, who also will benefit from significant state and federal tax advantages.
Fishers-based Vibenomics signs audio deal with grocery chain Hy-Vee
Vibenomics, which offers music, advertising and audio messaging for retailers nationwide, says its audio will be heard in the Iowa-based grocery chain’s stores beginning Feb. 15.
Target CEO expects fewer store trips as shoppers confront inflation
Target’s top executive said U.S. consumers will drive less and consolidate their shopping into fewer trips as they adjust to pricier gasoline and the highest inflation rate in almost four decades.
Crackers Comedy Club plans revival after sharing news of its demise
After saying last week that the 40-year-old stand-up club was history, owner Ruth-Anne Herber announces a change in plans.
Memory bank: Block department store fire, 1952
A fire on Jan. 22, 1952, caused nearly $1 million in damage to the William H. Block department store at Market and Illinois streets and injured eight firefighters.
Vinyl record plants struggle to keep up with resurgent demand
Although online streaming accounts for most music-industry revenue, vinyl pressing plants can’t keep up with the renewed desire for records—the format considered obsolete after the rise of compact discs in the late 1980s.
Q&A with Ron Jordan, dishing out pizza and empowerment
Columbus, Ohio-based Jordan Hospitality Group recently acquired all 21 Indiana locations of Donatos Pizza, making it the pizzeria’s largest franchise partner in the country. Owner Ron Jordan says he plans to open as many as 10 more restaurants across the state over the next five years.
Crumbl Cookies continues local expansion with Carmel store next on list
The Utah-based gourmet cookie franchise arrived in Indiana with five stores in 2021, starting with a Fishers location a year ago.
December retail sales slide 1.9% amid shortages, omicron
Americans, beset by product shortages, rising prices and the arrival of omicron, sharply cut their spending in December after a burst of early spending in the fall that helped bolster the holiday season.
Crackers closes, ending 40-year run as local stand-up comedy destination
Owner Ruth-Anne Herber said the club, which presented early-career performances by Jay Leno, Garry Shandling and Bob Saget, can’t overcome financial challenges.
Pandemic ‘stresses and demands’ blamed in Edwards Drive-In closure
Edwards Drive-In, 2126 S. Sherman Drive, initially opened as a Dog n Suds drive-in during the summer of 1957. The restaurant has operated under family ownership ever since.
U.S. shoppers find some groceries scarce due to virus, weather
The shortages are widespread, impacting produce and meat as well as packaged goods such as cereal. And they’re being reported nationwide.
Cunningham Restaurant Group plans bar for members only
The Bemberg, a members-only concept, will join Cunningham Restaurant Group’s stronghold in the Mass Ave cultural district.
Hotels, restaurants ramping up for busy football championship weekend
Most of the more than 7,400 hotel rooms in downtown’s inventory are expected to be occupied on Sunday and Monday nights. And a few remaining rooms available on Friday and Saturday are being offered at astronomical prices.
Fishers artisan gift shop closing after 20 years
Owner Tracy Gritter opened Gallery 116 at 8597 E. 116th St. in 2002 inside a bungalow-styled building that had recently served as the Fishers Town Hall.
Social Cantina to take over former Mikado restaurant site downtown
Established four years ago in Bloomington, Mexican restaurant Social Cantina will open Carmel and Indianapolis locations in 2022.
Good’s Candy Shop to reopen under new ownership
Louie Keen, owner of acquirer Uranus Fudge Factory and General Store, said last week the store will reopen soon, with a soft opening planned for Feb. 1 and grand opening set for April 1.
Field to Fork will be Indiana-focused market in downtown Franklin
Husband-and-wife air traffic controllers plan to sell meat, dairy and eggs in a building previously occupied by an antique store.