Genesco still seeking buyer for Lids amid declining sales
Tennessee-based parent Genesco says it is still optimistic it can sell its Lids unit, while acknowledging it has taken longer than expected to find a buyer for the headwear retailer.
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Walgreens expands prescription delivery program nationwide
Walgreens is joining rival drugstore chain CVS Health in expanding home deliveries for prescriptions, as stores continue adjusting to a retail world made more consumer-friendly by online competition.
Sears’ biggest shareholder bids $4.6B for rest of bankrupt chain
Eddie Lampert took his first step toward rescuing Sears Holdings Corp. from bankruptcy with a $4.6 billion bid that would keep hundreds of stores open and preserve about 50,000 jobs.
Greenwood-based One Click Ventures acquired by eyewear heavyweight
Randy Stocklin, who founded the company with his wife, Angie Stocklin, will remain with the company.
Landlord suing Mo’s Irish Pub for $100K in rent, liquor permit
Hamilton Town Center claims that the operator of the now-closed Irish-themed restaurant has reneged on an agreement to sell the valuable liquor, wine and beer permit back to the landlord.
Virtual reality plays growing role in retail
Early-adopter retailers in central Indiana—including Walmart, Macy’s and California Closets—are embracing virtual reality for employee training or to enhance customer experiences.
Surge in online holiday sales may bring February hangover
The takeaway from the past few days is that Americans are spending at unprecedented levels, and the overwhelming majority of that growth—if not all of it—is online.
Old-school retailers struggle to keep up with online surge on busy Black Friday
Black Friday is increasingly an online shopping event, and that’s not necessarily a good thing for legacy retailers, some of which found themselves falling behind during America’s annual spending spree.
Americans, Canadians warned not to eat romaine lettuce
FDA Commissioner Scott Gottlieb said the FDA wanted to issue a warning about a new E. coli outbreak before people gathered for Thanksgiving meals, where the potential for exposure could increase.
Former Marsh store in Castleton area lands new tenant
Jane Pauley Community Health Center plans to fill about a third of the space, which was vacated by defunct grocery chain Marsh Supermarkets in May 2017.
Upland Brewing plans expansion of College Avenue tasting room with eatery
The watering hole will take over the former Open Society Public House restaurant space next door, with plans to debut the addition and a seasonal menu just before year’s end.
Stringtown fishing retailer calling it quits after seven decades
Westside Bait & Tackle, a family-owned fishing shop that opened in 1951, plans to close its doors for good on Dec. 31.
National bridal retailer files for Chapter 11 bankruptcy
David’s Bridal, a 68-year-old retailer with more than 300 stores, including two Indianapolis-area shops, filed for bankruptcy Monday, with a plan to cut debt by more than $400 million.
Holiday shopping season expected to be huge, but not for all retailers
This Christmas season might be the last hurrah for some well-known retailers who are sitting on loads of unsustainable debt.
Brewpub closes after seven-month run in Butler-Tarkington
A brewery and restaurant that hoped to be part of the revitalization of the south end of the Butler-Tarkington neighborhood has closed, citing “unexpected circumstances.”
Glitchy Starbucks app irks customers even as shares hit record
The company, which on Thursday reported better-than-expected sales in the U.S., faced criticism on Twitter Friday morning as customers reported problems with its popular smartphone app.
Geoffrey the Giraffe to make comeback in Kroger aisles
Meanwhile, the hedge funds that now own the Toys “R” Us brand plan to relaunch the toy retailer as a standalone operation next year, according to people familiar with the matter.
Sears suppliers haunted by ghosts of Toys ‘R’ Us
Suppliers are still gun-shy after their experience with Toys ‘R’ Us, which went out of business months after filing for Chapter 11 reorganization in the fall of 2017, leaving them with millions of dollars in unpaid bills.
Lids Sports Group’s future growing cloudier by the day
Parent company Genesco started trying to sell the Zionsville-based division 10 months ago, but no deal has been struck. Meanwhile Lids' long-running decline has continued.
Duo to open Hamilton County’s first CBD dispensary
Vape and Wellness is expected to open this month in a 1,400-square-foot store near Kroger on Logan Street in Noblesville.