Hundreds of Indiana restaurants seeking to renew their alcohol permits are now on hold due to a legislative kerfuffle that erupted when two Ricker's convenience stores started selling cold beer.
The convenience store chain would be able to keep the permits that two locations use to sell cold carryout beer—a hot-button issue for Indiana liquor stores. Renewing the permits might be trickier.
The Indianapolis-based retailer, which has filed for Chapter 11 bankruptcy protection, has filed a plan with the court to close its 132 stores and sell off its remaining merchandise if it can’t find a buyer by April 7.
Jack in the Box, which operates about 2,200 restaurants in 21 states, entered the local market in 2012 with plans to open at least 10 locations.
A legal loophole used by an Indiana convenience store chain to sell cold beer would be snapped shut under a proposal that was advanced Wednesday by the Senate Public Policy Committee.
Arby's Restaurant Group failed to prevent hackers from stealing customer information at hundreds of its locations, a couple says in a new federal lawsuit. Eight credit unions and banks from Indiana and other states have filed seven other related federal lawsuits.
The locally based retailer of athletic apparel and footwear lost $9.5 million in its fiscal fourth quarter, falling short of earnings expectations and sending company shares tumbling in morning trading.
The number of “distressed” retailers—those with cash problems and poor credit profiles that are facing strong competition—is at the highest rate since 2009, says Moody’s Investor Service.
Payless Inc., which has about 15 shoe stores in the Indianapolis area, is preparing to file for bankruptcy as soon as next week, according to people familiar with the matter.
A decision by a national religious-based retailer to close all 240 of its stores will put 14 Indiana locations out of business.
In a move to bring shoppers back to its stores, Target Corp. is embarking on an ambitious redesign aimed at helping people who need to dash in for milk to get out quickly while encouraging those who want to wander the aisles to linger.
Despite several attempts to break into industry over almost a decade, the company has struggled to entice shoppers en masse to buy eggs, steaks and berries online the same way they’ve flocked to buy books, tablets and toys.
The department store chain announced Feb. 24 that it planned to close about 14 percent of its locations. On Friday, the retailer unveiled a list of 138 stores that were on the chopping block.
The appliance-and-electronics retailer never disclosed the identity of the proposed buyer, but statements by attorneys in court and in a court filing suggest it was affiliated with Zimmerman Advertising, the company's advertising agency.
Struggling Marsh Supermarkets has stopped paying rent on six Indianapolis stores, a move that might suggest the struggling chain is preparing to close them to shore up finances.
Gander Mountain is closing two stores in Indiana, including one of its Indianapolis-area locations, as part of a bankruptcy restructuring plan that will close 32 stores overall.
The Indianapolis-based appliance and electronics retailer says it has interest from dozens of potential purchasers.
The long-awaited arrival of Ikea to central Indiana will transform the way many Hoosiers buy furniture.
The regional retailer, which has about a dozen superstores in the area, said it will offer the service beginning in April through outside vendor Shipt Inc.
The company that set out to revive the fortunes of RadioShack, the venerable consumer-electronics chain, filed for bankruptcy Wednesday after failing to keep up with changing consumer habits. The filing could mean the end for eight remaining area stores.
