Two Chicks District Co. store closing in Noblesville
Sunday is planned as the final day of operations at the Two Chicks District Co. store founded by “Good Bones” star Mina Starsiak Hawk.
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Shoppers expected to spend record $241B online this holiday season
Both Coresight and Moody’s project total retail sales, in person and online, will grow around 3 percent during the last three months of the year, roughly on par with last year.
Walmart plans instant bank payments, cutting out card networks
The enhanced feature is a flash point in the escalating tensions between merchants and the card networks setting the fees for payment processing.
Toy Pit collectibles store plans move to 38th and College
The Toy Pit, founded by Fort Wayne native Mike Schott, sells collectibles and toys dating from the 1970s to the present.
U.S. retail sales ticked up last month in sign of ongoing consumer resilience
Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rate.
United Art and Education store exits Castleton after nearly 30 years in business
An Indiana-based art and classroom supply company that had two Indianapolis retail outlets at the beginning of 2024 now has zero.
Walgreens to pay $106M to settle allegations it submitted false payment claims for prescriptions
The pharmacy chain was accused of submitting false payment claims to Medicare, Medicaid and other federal health care programs between 2009 and 2020 for prescriptions that were processed but never picked up.
A tale of two stores
Nearly a year after opening, though, Indy Fresh Market isn’t profitable; instead it is being propped up by corporate partners Goodwill of Central & Southern Indiana and Cook Medical.
Indianapolis-based High Alpha leads $8.9M investment in retail-tech startup
The company’s founder and CEO, Arthur Root, started Nostra AI while he was a student at Indiana University.
Wine bar and bistro closing at Conrad Indianapolis
Tastings—A Wine Experience announced plans for its “last call” after 15 years in operation.
Four Finger Distillery announces exit from Fletcher Place building
Four Finger Distillery, which has locations in Westfield and Lebanon, cites a decision by building’s owner for its upcoming Fletcher Place exit.
Illumine Coffee Co. joins downtown’s booming cafe landscape
Illumine will open a location at 11 S. Meridian St., taking over a spot previously occupied by a Hubbard & Cravens Coffee and Tea shop.
Teen vaping hits 10-year low in United States
FDA officials noted that the drop in vaping didn’t coincide with a rise in other tobacco industry products, such as nicotine pouches, which have surged in use among adults.
CEOs of Albertsons, Kroger say shoppers would see lower prices after merger
The Federal Trade Commission contends the $24.6 billion deal would eliminate competition and lead to higher food prices for already struggling customers.
Even dollar store chains seeing pullback in spending as higher prices squeeze more consumers
Dollar Tree shares tumbled 20% Wednesday after hitting a 52-week low on the prior day.
Circle City Industrial Complex rebrands, lines up new tenants
Ten tenants, including two restaurants, are expected to open this fall in the newly named Factory Arts District.
Samson Historical provides a time machine to the 18th century
Casey and Abbie Samson own and operate the colonial outfitter that produces and sells more than 800 varieties of mostly late-18th-century-era clothing, accessories and living-history supplies.
Local chocolate maker SoChatti announces ‘bittersweet’ closure
Founder and CEO Matt Rubin told IBJ that he decided to instead focus efforts on the chocolate business’ parent company, True Essence Foods Inc., which specializes in developing food-making technologies.
Kroger, Albertsons defend merger plan in federal court against regulators
The two companies proposed what would be the largest supermarket merger in U.S. history in October 2022. But the Federal Trade Commission sued to prevent the $24.6 billion deal, alleging it would eliminate competition and raise grocery prices.
Brunch spot, Indian restaurant planned at renovated Allisonville retail center
The new owner of Windermere Center at 62nd Street and Allisonville Road has switched strategies from developing new projects to buying existing retail properties, refreshing them and signing new tenants.