Nike to start selling shoes directly through online giant Amazon
Nike said it will sell some of its footwear through e-commerce giant Amazon, part of a plan to make its swoosh-branded products available in more places online.
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Walgreens downsizes Rite Aid acquisition to 2,186 stores
Under the new agreement, Walgreens will buy 2,186 stores, three distribution centers and related inventory from Rite Aid for about $5.18 billion in cash.
Staples to be acquired by Sycamore Partners for $6.9 billion
Staples Inc. will be acquired by Sycamore Partners in one of the largest retail deals of the year, a wager that the office-supply chain is better off continuing its turnaround plan as a private company.
St. Louis-based barbecue joint to open downtown Indy location
A barbecue chain with six existing restaurants is set to take the downtown space last occupied by a Penn Station East Coast Subs. The restaurant, its first outside of Missouri, should open this fall.
Going fishing? Longtime owner of Indy boat dealership to retire, close business
The 40-year-old seller of recreational watercraft is staging a “going out of business sale” as its owner prepares for an active retirement.
British retailer boosts Finish Line stake to nearly 20 percent
Sports Direct International now controls nearly 8 million Finish Line shares worth about $107 million, raising speculation about a possible takeover of the Indianapolis-based retailer.
Novel layout complicated effort to find Marsh buyers for some stores
Rather than featuring long, tall aisles like traditional groceries, the new-format stores featured a courtyard in the center with a dozen “boutiques” around the perimeter, each selling a certain category of goods.
Amazon strikes again with dressing room in your house
Amazon is testing a new service called Prime Wardrobe that allows members to try on the latest styles before they buy at no upfront charge.
Kroger takes $7B hit as Amazon deal compounds recent struggles
The biggest U.S. supermarket chain lost more than $7 billion in market value combined on Thursday and Friday, the biggest two-day loss for the company since December 1999.
Suit alleging Kroger stores didn’t collect sales tax reverts to state court
A lawsuit alleging Kroger stores in Indiana have for years knowingly failed to collect and remit state sales tax on hundreds of non-exempt food items and other goods will be heard in state court after a judge denied the grocers’ bid to transfer the suit to federal court.
Grocery, retail stocks plunge on Amazon-Whole Foods deal
Investors worry that Amazon, which has wreaked havoc on department stores and other brick-and-mortar retailers, will do the same thing with groceries.
UPDATE: Amazon to acquire Whole Foods in $13.7B deal
Amazon.com Inc. plans to buy Whole Foods Market Inc. in the biggest transaction ever for the e-commerce giant as it pushes deeper into groceries.
2017 Indiana 100: E-commerce firm marches to own beat
Sweetwater Sound—which has a 44-acre campus in Fort Wayne—is the nation’s largest online retailer of musical instruments and audio equipment.
Audio firm finds ‘Made in USA’ strikes chord
Indy Audio Labs, founded in 2009, serves a very exclusive market niche—high-end audio equipment for home music and theater buffs.
Aldi spending $30M to revamp 22 area grocery stores
Aldi is doubling the amount of space it devotes to fresh produce; carrying fresh fish to complement its beef, steak and chicken offerings; expanding its wine selection and adding more shelves in its frozen food section.
Going-out-of-business sales start Thursday at 18 Marsh stores
Sales to liquidate inventory at the 18 stores that weren’t sold at auction to other grocers this week could last until early July, said a Marsh spokesman.
CVS, suitors for Marsh stores agree to settlement, helping clear way for sale
Under the agreement, prospective store buyers Kroger and Fresh Encounter would be able to operate pharmacies at the locations much sooner than rival CVS expected.
CVS, owners of Lockerbie Marketplace object to Marsh store-sale plan
CVS wants to prevent buyers from operating pharmacies. Lockerbie Marketplace's owners say Fresh Encounter has failed to demonstrate it has the financial wherewithal to "fully perform" under the Marsh lease it wants to take over in that shopping center.
Proposed Marsh store sales set table for downtown free-for-all
For decades, Marsh Supermarkets has had a lock on the downtown grocery market. Proposed store sales disclosed Tuesday, combined with the impending opening of Whole Foods, set the stage for three-way showdown.
Marsh locations slated for purchase by Ohio grocers include 12 in central Indiana
The 26 stores that the Kroger and Fresh Encounter chains have agreed to acquire span Indiana, as well as four cities in Ohio. Here’s the whole list.