Bookstore chain with Castleton location closing all 170 stores
Nashville, Tennessee-based LifeWay Christian Resources plans to close all of its bookstores nationwide this year and operate online only.
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Owner of fashion retailer with seven area stores considering sale
The parent of Ann Taylor and Lane Bryant is exploring options for its lower-priced women’s clothing chain, Dressbarn, according to people familiar with the matter.
Saraga to open expansive international grocery store near Castleton Square
The locally based international grocery store chain has acquired a long-vacant Target store in Castleton and the adjoining retail center.
Aldi plans new store in former Marsh at north-side shopping center
The Germany-based discount grocery chain has leased about 22,000 square feet and will occupy a little more than a third of the former Marsh Supermarket space.
Home decor retailer with Carmel store files for bankruptcy
Los Angeles-based Z Gallerie said it plans to close 17 of its 76 stores as part of the Chapter 11 reorganization.
Fashion retailer with five local stores going out of business
The 44-year-old fashion retailer, which declared Chapter 11 bankruptcy last month, said it would begin liquidation sales at all 416 locations nationwide.
Dollar Tree to close up to 390 Family Dollar stores
In central Indiana, there are 48 Family Dollar stores and 38 Dollar Tree stores within 25 miles of downtown Indianapolis.
Papa John’s founder to quit board, drop suit in settlement
As recently as last month, it had appeared John Schnatter wasn’t going to release his grip on the company without a fight.
Amazon planning to open dozens of grocery stores, WSJ reports
Amazon.com Inc. plans to open dozens of grocery stores in U.S. cities, The Wall Street Journal reported Friday, a move that would expand its grocery footprint beyond its Whole Foods Market chain. Shares of food retailers all fell on the news.
Gap to close 230 stores, spin off Old Navy into new public company
The Gap brand has struggled as part of a broader slump for brick and mortar retailers, even as the lower-priced Old Navy brand has resonated with discount shoppers.
Walmart’s plan to get rid of greeters has disabled workers worried
Walmart, America's largest private employer, is facing a backlash as customers rally around some of the chain's most visible and beloved employees.
J.C. Penney to close more stores as sales deteriorate
The retailer’s profit tumbled nearly 70 percent and revenue slid 8 percent in the fourth quarter, the most crucial period of the year for retailers who bank on a surge in holiday sales.
Victoria’s Secret to close 53 stores after poor Christmas performance
Columbus, Ohio-based owner L Brands Inc. operates 957 Victoria’s Secret shops in the United States, including eight mall stores in the Indianapolis area.
Rebar Indy to relaunch in downtown location under new ownership
Formerly of Mile Square Bistro and The Vanguard, chef Charles Mereday plans to debut his revised version of the upscale burger and beer joint as soon as this weekend.
FullBeauty Brands exits bankruptcy in record time, adds ‘transformation’ officer
Freshly emerged from what’s believed to be the fastest Chapter 11 bankruptcy case ever, online retailer FullBeauty Brands has hired a new executive to help the company reshape itself.
Scotty’s Brewhouse in Noblesville closes suddenly
The Scotty's Brewhouse in Noblesville has abruptly closed, the Indianapolis-based restaurant and bar chain announced Wednesday, marking the fifth closure for Scotty’s since the end of last year.
Local record store plans smaller location in Bottleworks project
Square Cat Vinyl plans to operate a 560-square-foot store in the Garage Food Hall at the Bottleworks development at College and Massachusetts avenues when the downtown project opens in 2020.
CBD retailer to open as many as 108 stores in Simon malls
The first store is expected to open in Indianapolis in March at Castleton Square, Simon Property Group and Green Growth Brands announced Monday.
Toys ‘R’ Us planning second act under new name
Toys “R” Us fans in the United States should see the iconic brand re-emerge in some form by this holiday season.
Scotland-based craft-beer maker planning bar in Fountain Square
Established in 2007, BrewDog has 65 locations around the world, including 34 bars it opened last year. Indianapolis will be the second U.S. city to have a BrewDog bar.