Papa John’s founder admits to non-disclosure agreements with two women
Embattled Papa John’s International Inc. founder John Schnatter has previously faced sexual harassment allegations.
Retailers
Articles
Giant Eagle to acquire 56-store Ricker’s chain
Ricker’s Chairman Jay Ricker told IBJ on Thursday morning that a purchase agreement for his 39-year-old company is in place and the deal is expected to close by the end of the month.
Dunkin’ Donuts to change its name to just Dunkin’
Doughnuts are still on the menu, but the company is renaming itself “Dunkin'” to reflect the chain’s increasing emphasis on coffee and other drinks.
Bank, restaurant vacating downtown tower as work gears up for new hotel
The street-level retail tenants in One North Penn are preparing to either relocate or close for good as the office building’s transformation gets under way.
Starbucks plans ‘significant changes’ to company’s structure
Starbucks Corp., on a mission to move faster, is planning an organizational shake-up, including corporate layoffs, as the coffee chain tries to reverse stagnant sales and rekindle investors’ interest.
Walmart mulls perks to attract new hires in tightening labor market
The nation’s biggest private employer asked hourly workers to rate potential incentives, including a sign-on bonus, child-care services, tutoring, pet care and gym memberships.
New Bon-Ton owner has no plan to reopen Carson’s store in Circle Centre
Merrillville-based CSC Generation Holdings Inc., which acquired Bon-Ton’s intellectual property in bankruptcy court, said Indiana was not part of its initial plan to reopen stores.
Penrose project to fill Mass Ave retail gap
Developers of the $50 million Penrose on Mass say they’ve already signed four commercial tenants to the block-long mixed-use project that won’t open for another five months.
Indiana-based company to resurrect Carson’s, other Bon-Ton stores
The company said it was in “advanced discussions with landlords” about reopening stores in Indiana and several other states. Bon-Ton closed 15 stores in Indiana this year, including the Carson’s in Circle Centre mall.
Dwarfed by rivals, Office360 is growing, acquiring other firms
The Indianapolis-based office-supplies company had revenue near $38 million last year and is on target to hit $43 million this year. If the company hits its projections, revenue will have nearly tripled since 2013.
Noodles & Co. makes downtown closure permanent after flood
The restaurant closed July 30 when a vehicle fire in the World of Wonders parking garage for Circle Centre mall led to a flood. It never reopened.
Sears to close another 46 unprofitable stores in November
The latest closure list includes 13 Kmart stores and 33 Sears stores, including one in Indiana.
Kroger to phase out plastic bags at all stores
Kroger Co., the biggest grocery player in the Indianapolis-area market, orders about 6 billion bags each year.
Walmart, Target showcase retail’s ‘renaissance’
Target chief Brian Cornell says this is possibly the strongest consumer environment he’s seen in his 37-year career. Unemployment is near record lows, consumer confidence is at a 17-year high and shoppers have their wallets out.
West Fork Whiskey plans to increase distribution to Midwest
The Indianapolis-based craft distillery plans to expand distribution to states outside of Indiana by boosting production and storage capacity.
Walmart eyes virtual-reality shopping system, patent filings say
Walmart is making a push into virtual reality, an area that holds promise for brick-and-mortar retailers struggling with the massive costs associated with store upkeep and labor.
Health officials urge diners at downtown restaurant to get checked for hepatitis
A food worker at the restaurant tested positive for the virus and might have infected customers on Aug. 6, according to the Marion County Public Health Department.
Walmart raises outlook after strongest quarter in 10-plus years
Walmart shares surged as much as 11 percent Thursday morning, the biggest intraday rise for the stock since October 2008.
Q&A: Fishers firm uses plants in pods to battle food insecurity
Jonathan Partlow is founder of Fishers-based ag-tech company Aggressively Organic, a company focused on ending food insecurity by innovating agricultural practices.
Wahlburgers to open first Indianapolis-area restaurant
The restaurant chain, which is featured in a long-running reality TV series, is owned by actors Mark and Donnie Wahlberg along with a third brother, Paul.