Combining Indianapolis-based Finish Line Inc. and JD Sports Fashion from across the pond could create a firm within striding distance of the sports apparel industry’s heavyweight, according to an analyst.
The purchaser is not Sports Direct International, a United Kingdom-based firm that began buying up Finish Line shares last year, but rather its top rival, JD Sports.
Shares of Target Corp. and Kroger Co. jumped Friday morning after a business newsletter reported that the two retailers were in talks to merge. But several other media outlets said there was no truth to the report.
The retailer is bringing its Macy’s Backstage concept to the Indianapolis area, with an opening set for April 14. The concept has been credited with revitalizing sales at dozens of Macy’s locations.
When Marsh moved Larry Schultz out of its Mass Ave store years ago, customers threw a fit. Kroger was smart enough to make him manager of its new downtown store.
It will be the third location for Fat Dan’s, a Chicago-style deli that also operates downtown and near Broad Ripple. The owner is taking his time with the transition to get to know the Carmel market.
The goal is to showcase—and hopefully fill—some now-vacant downtown retail spaces. Artists and vendors are being recruited, and the pop-up spaces should be active in May.
Amazon.com’s Inc.’s acquisition of Whole Foods Market—the national grocery chain that is opening its third local store in downtown Indianapolis on Wednesday—has sparked major disruptions in the grocery industry in the short time since the deal closed in late August.
Le Peep Restaurants of Indiana was acquired in January by a local investment group intent on making some improvements to the Indianapolis-area restaurants.
The Marsh closed in April 2017 as the grocer teetered toward bankruptcy. Meanwhile, Aldi is on a tear with its plans to modernize existing stores and open new ones.
The collapse of Toys “R” Us Inc. is yet another blow for landlords—including Indianapolis-based Simon Property Group—who now will have gaping holes of suburban retail space up for grabs. And few tenants would want them.
Duke’s Indy plans to open this month in the building that formerly housed the Ice House restaurant, which recently closed after 34 years in business.
The company’s troubles have affected toy makers Mattel and Hasbro, which are big suppliers to the chain. But the likely liquidation will have a more significant impact on smaller toy makers that rely more on the chain for sales.
The new Musk restaurants include Hedge Row on Mass Ave and Next Door in Meridian-Kessler. Also this week: Aldi stores spruce up, electrical supply stores enter the Indianapolis market, and more.
Toys “R” Us plans to shut down its U.S. operations, eliminating the jobs of some 30,000 employees while spelling the end for a 70-year-old retailer known to generations of children and parents for its sprawling stores and Geoffrey the giraffe mascot.
The attack that took place Tuesday afternoon at Acapulco Joe's, 365 N. Illinois St., left 57-year-old owner Grant Redmond unconscious with a blood clot on his brain that required surgery.
The $110 million Yard at Fishers District will feature about 15 restaurants, including two St. Elmo-owned concepts; a Sun King tasting room; a dual-branded hotel; and hundreds of apartments.
Signet Jewelers Ltd., which operates at least 18 stores in the Indianapolis area and thousands nationwide, is betting that a shift online can help pull the company out of a sales slump.
A barbecue joint started by an Arizona radio personality from Ohio will make its first venture outside of the Phoenix area when it opens this spring.
The record store shares leased space with the bookstore Bookmamas, a separate business that also announced that it plans to close.
