Gerald Paul, co-founder of Paul Harris Stores, dies at 95
In addition to co-founding and leading national women’s clothing retailer Paul Harris Stores, Gerald Paul was an active philanthropist in local arts, education and Jewish causes.
Retail
Articles
Walgreens to close in-store clinics, add Jenny Craig sites
The company said Monday that it will close 150 Walgreens-run clinics by the end of the year, but it will keep open more than 200 that are run in partnership with health care providers.
Louis Vuitton maker looks to buy U.S. jeweler Tiffany for $14.5B
Tiffany & Co., which has one store in Indianapolis, owns luxury labels ranging from Givenchy haute couture to Sephora cosmetics stores, Hublot watches, Bulgari jewelry and Dom Perignon Champagne.
Startup sees big potential in Amazon-like site for orthodontists
Indianapolis orthodontist Jeff Biggs has been putting smiles on people’s faces for two decades. Now he’s hoping to put smiles on the faces of orthodontists themselves with a new one-stop online marketplace to launch early next month.
Axe-throwing studios snap up retail sites
At least six venues are open or in the works. Also this week: Dottie Couture, Book Warehouse, Cupid Couture and MBP Distinctive Catering.
Brokers say downtown dining scene hopping despite high-profile closures
A host of big-name restaurants has closed downtown over the past year amid financial struggles and disappointing sales.
International Marketplace sees flurry of restaurant openings
The area around the old Lafayette Square Mall will have almost 110 ethnic eateries by the end of the year. Also this week: Sun King, Chick-fil-A and Boot Barn.
St. Elmo Foods rolls out bourbon whiskey as its latest retail product
St. Elmo Whiskey, which is used to make the famous steakhouse’s top-selling cocktail, is the latest product offered by the restaurant’s retail affiliate.
Local children’s shoe store ready to call it quits after 58 years
The owner of longstanding local retailer Keen Children’s Shoes says she’s closing the store because it has become too difficult to compete in a changing retail landscape.
Indianapolis theater to reopen as first-run movie house
Also this week: YUJO Ramen & Boba Tea, Taste of Dubai, Which Wich, Marco’s Pizza, Bovaconti Coffee, State of Grace
Brown County distillery complex had 267,000 visitors in first year
One of Brown County’s newest tourist draws is also perhaps its most unusual. And it’s an integral part of the fast-growing family of local culinary/adult-beverage brands including Big Woods, Quaff ON and Hard Truth Distillery.
National Retail Federation forecasts solid holiday sales growth
The new holiday forecast is above the average holiday sales growth of 3.7% over the previous five years.
Popularity of resale boosts consignment shop
Greenwood store buys site, eyes expansion. Also this week: Zombie Taco, Yogulatte, Torrid, Book Warehouse, Sally Beauty Supply and Aldi.
Simon Property to invest $280M in online shopping venture
The Indianapolis-based shopping mall giant announced Wednesday morning that it is partnering with Rue Gilt Groupe to create an online site that will allow users to shop for more than 300,000 products from at least 2,000 designers.
Forever 21 fashion chain files for Chapter 11 bankruptcy
Indianapolis-based Simon Property Group counts Forever 21 as its sixth-largest mall tenant, excluding department stores, with 99 outlets covering 1.5 million square feet, as of March 3.
Jimmy John’s takes lead in King Cole exodus
The sandwich shop will move a few blocks away as a developer makes plans to convert the building into a hotel. Also this week: Native Bread, VetIQ and Paco’s Taqueria.
Restaurant and bar to open in Bates-Hendricks
Eateries are rare in the popular neighborhood south of downtown. Also this week: Kilroy’s, Rebar Indy, Urban Meditation and The Small Mall.
Restaurant chain prospers by staying out of the street-side marketplace
Carmel-based CC Holdings manages dozens of restaurants and coffee shops, but few are in conventional locations.
U.S. retail sales show solid increase as auto-buying jumps
Figures released Friday showed August retail sales advanced more than forecast, while consumer sentiment rebounded from an almost three-year low.
Broad Ripple restaurant assets to be auctioned
The Corner’s owners hope to sell its equipment, furnishings and liquor license Oct. 1. Nearby, Sun King Brewery is about to open Offshore, a seafood and beer restaurant, in the former Thr3e Wise Men space.