Macy’s shares soar as profit surpasses expectations
With customers in a mood to spend, particularly on clothing, Macy's surpassed all profit and revenue expectations for the first quarter of the year and raised its outlook.
With customers in a mood to spend, particularly on clothing, Macy's surpassed all profit and revenue expectations for the first quarter of the year and raised its outlook.
U.S. retail sales rose at a solid pace in April, a sign that consumers are bouncing back from weak spending earlier this year and driving stronger economic growth.
One of the city’s best-known Italian restaurateurs and a Fort Wayne-based purveyor of quirky frozen treats will be neighbors in the 90-year-old building that anchored Fountain Square’s revival.
Tens of millions of unsecured claims will go unpaid when the Indianapolis-based grocery chain completes its liquidation in bankruptcy court.
A new regulatory said Sports Direct International Inc., the United Kingdom-based sports-apparel retailer that was rumored for months to be on the verge of buying Indianapolis-based Finish Line, never actually wanted to buy the company.
The restaurant, created by Food Network chef Michael Symon, opened in the high-profile Ironworks development in mid-2015.
The store’s 86-year-old owner and namesake has decided it’s time to retire. His store near Keystone at the Crossing has launched a going-out-of-business sale.
Like other retailers, Pittsburgh-based GNC has been struggling with a large brick-and-mortar footprint and competition from online sellers.
Carvana got the green light to buy the land in the Mount Comfort area from struggling trucking company Celadon Group Inc., which last year abandoned plans to build a new headquarters there.
With 2,400 employees and $2 billion in revenue, Carmel-based Round Room LLC is most assuredly not a small company. But don’t tell that to CEO Scott Moorehead.
After peppering the nation with thousands of locations, closely held Subway is retrenching in the United States while adding more stores in international markets.
Edward Lampert is pushing for a more aggressive breakup of Sears Holdings Corp. as the hedge-fund manager aims to salvage what’s left of the struggling retailer and stave off a potential bankruptcy filing.
The end is near for Bon-Ton Stores, the 160-year-old department store chain that operates more than 250 stores under various names, including Carson's, Younkers and Elder-Beerman.
The Commerce Department on Monday said retail sales rose 0.6 percent last month, the largest increase since November.
The national retailer, which is rolling out dozens of non-traditional stores across the country, declined to comment on whether downtown Indianapolis could be a future site.
The new owner also operates Hirosaki, a Japanese restaurant in Avon that opened in 2016.
Retail giant Walmart on Wednesday announced plans to spend about $24 million over the next year to remodel seven stores in Indiana, including a supercenter in the Indianapolis area.
A franchisee has filed suit against Indianapolis-based Steak n Shake in an effort to raise its menu prices because it says all of its restaurants are losing money.
After resigning on March 30 amid personnel issues at the high-profile eatery on East 16th Street, chef Braedon Kellner has returned to the kitchen with a stake in the business, according to one of its founders.
Target has agreed to settle a lawsuit that said its hiring process, which automatically rejected people with criminal backgrounds, disproportionately kept blacks and Hispanics from getting entry-level jobs at its stores.