Kroger stumbles as competition gets fiercer in grocery industry
While earnings narrowly beat analysts’ estimates, profit margins decreased again because of investments Kroger is making to keep pace with the competition.
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Cunningham Restaurant Group multitasks with latest venture
Croute Baking Co. in downtown Indianapolis won’t be a restaurant, but a multipurpose facility that includes a bakery, developmental kitchen and a small retail operation with a limited grab-and-go food menu.
Cabaret-style theater in Greenwood moving to new digs
Also in this week's roundup: The latest on Yo Mama Roux, Goldfish Swim School, Zips Dry Cleaners and Yujo.
Meijer rolls out mobile checkout app at Indianapolis stores
Grand Rapids, Michigan-based Meijer said the app has been downloaded more than 1.1 million times since it started testing it in Michigan last year.
Restaurateur Scott Wise gets back to his roots in new venture
The restaurant, Roots Burger Bar, is set to open next week in Muncie, at the site of the original Scotty’s Brewhouse that Wise opened in 1996.
Circle Centre sees larger annual profit, lower sales
Circle Centre saw its profit and store count rise in 2018, mall manager Simon Property Group said. But the financial performance of the downtown shopping center significantly trailed other properties in Simon’s portfolio.
A $50 million glitch? Target takes hit from register outage
The outage came on the eve of Father’s Day, when the retailer was promoting various items, from ties to golf balls, as last-minute gift ideas for dads. Customers took to Twitter, sharing images of the long lines and the abandoned shopping carts.
Indianapolis-area Kroger employees approve new labor agreement
The agreement covers more than 9,000 members of the United Food and Commercial Workers Union who work at 71 Indianapolis-area Kroger stores.
American consumers step up retail spending
The latest retail report suggests that American consumers are still spending at a healthy pace, even as the stimulus from tax cuts fades.
Impossible Burger shortages hit White Castle, Red Robin
The shortages coincide with the arrival of the Impossible Whopper at Burger King. Under terms of a deal inked earlier this year, Impossible Foods patties will be inside Burger Kings nationwide by the end of this year.
Target ups the ante in online delivery wars
Target says its new same-day delivery option will cover 65,000 items and will be fulfilled in 1,500 of its 1,800 stores in 47 states.
Scotty’s down to one area location after another closure
Another Scotty’s Brewhouse has shut down, marking the ninth closure for the Indianapolis-based restaurant and bar chain in the last six months.
City expands pilot program in reaction to Walmart closure
City of Indianapolis officials on Wednesday decided to add more stores to a yet-to-be-launched food-insecurity program after learning that a Walmart Neighborhood Market on the far-east side was preparing to close.
Walmart closing Neighborhood Market on far-east side
The store, which opened in 2004, is scheduled to close permanently July 12. It is one of eight Neighborhood Market stores the retailer operates in the Indianapolis area.
Scotty’s closes Thr3e Wise Men microbrewery and restaurant in Broad Ripple
The Indianapolis-based restaurant and bar chain opened the microbrewery location more than eight years ago to supply the Scotty’s chain with its own brand of craft beer.
Barnes & Noble going private in $476M sale to hedge fund
Barnes & Noble, which still has 627 stores in the United States, including five in the Indianapolis area, is being acquired by Elliott Management for $6.50 per share.
Microbrewery opens at site steeped in racing history
Guggman Haus Brewing’s near-west-side tasting room is reviving a pair of historic buildings with ties to one of the Indianapolis Motor Speedway’s most iconic drivers.
Kite, Milhaus detail plans for 7-building apartment complex in Glendale
The two local developers said they hope to start work on a 267-unit apartment project in Glendale Town Center’s parking lot by the end of this year.
Bottleworks announces 7 tenants for food hall development
The food hall is part of the much-larger, $300 million Bottleworks development at 850 Massachusetts Ave. that will include retail, residential, office and restaurants, as well as a hotel.
South-side bicycle shop set to close after nearly a century
Circle City Bicycles, founded in 1922, started its going-out-of-business sale on Monday and expects to close its doors in August.