Indiana gun permit denials nearly double in 4 years
The number of state residents whose gun permit requests were denied by the Indiana State Police has nearly doubled in the past four years amid an increase in permit applications.
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Simon unit suing Stir Crazy chain for unpaid rent
The owner of Castleton Square Mall is suing its former tenant for $471,031 following the restaurant’s closing late last month.
HHGregg profit falls on sinking same-store sales
The Indianapolis-based appliance and electronics retailer said profit fell 23 percent in its fiscal third quarter as slumping demand for televisions caused same-store sales to drop.
Indiana lawmakers push for Sunday alcohol sales
Lawmakers in the last state in the nation to bar retail alcohol sales on Sundays are making a push to lift the restriction, but strong opposition from liquor stores could hinder the effort.
Lifestyle mall triggers wave of development at Interstate 69 exit
Five years after the Hamilton Town Center lifestyle mall opened at a sleepy interchange on Interstate 69 in Noblesville, the neighborhood is one of the hottest growth markets in the state for retail, residential and medical development.
Bill seeks earlier date for online retailers to collect taxes
Hoosiers may be required to pay a 7-percent sales tax on top of their Amazon purchases starting July 1 if a proposed House bill is adopted.
HHGregg shares tumble on profit warning
HHGregg shares fell 10 percent in early trading Monday after the Indianapolis-based appliance and electronics retailer slashed its 2013 profit forecast almost 25 percent on a sharper-than-expected drop in television sales.
Downtown Arvey store reopens under new ownership
Arvey Paper & Office Products at 1021 N. Pennsylvania St. began serving customers again in December after closing for six months. A former executive of Arvey’s previous parent company bought the name and has reopened five stores nationwide.
Greenfield gun seller, others seeing run on guns
Gun enthusiasts are snapping up weapons faster than they can be replenished. And applications for gun permits spiked sharply toward the end of 2012.
Finish Line suffers surprising quarterly loss
The earnings fell short of predictions by analysts polled by Thomson Reuters, which recently forecast per-share earnings of 10 cents on revenue of $296 million.
Investor: Kroger missed chance to buy ‘linchpin’ property
Owner of real estate near 16th and Central says grocery chain showed little interest, but Kroger says it still wants property to make way for new downtown store.
Holiday retail sales growth weakest since 2008
Shoppers were buffeted this year by a string of events that made them less likely to spend. The numbers also show how Washington’s current budget impasse is trickling down to Main Street and unsettling consumers.
Gerdt Furniture to close doors after 53-year run
The last remaining store for the family-owned business, which recently shuttered its Castleton location, will stage a liquidation sale on Dec. 28.
Stores brace for snow during final shopping days
With sales during the holiday shopping season disappointing so far, the nation’s retailers are depending even more on these final days leading up to Christmas for a boost in business. Retailers are hoping the storm won’t change shoppers’ plans.
Landmark Anderson drugstore closes after 80 years
Howard Gwinn worked as a teacher and a Chicago-based pharmacist before opening shop at Fifth Street and Madison Avenue in Anderson in 1932. The drugstore he founded was a neighborhood fixture until closing Wednesday night.
Retail, apartment blitz hits Fishers
It seems as if all of Fishers is under construction—and not just the perpetual improvements to Interstate 69. Developers have lined up a multitude of deals adding residential and commercial space, projects that are coinciding with the town’s recent voter-approved transition to a city.
As Simon soars, two big mall anchors retrench
Are Simon investors overlooking the potential fallout from trouble at two of the mall giant’s biggest tenants, Sears and JCPenney?
Retailers report weak sales gains for November
Major retailers such as Kohl's, Target and Macy's on Thursday reported slow sales in November as a strong start to the holiday shopping season wasn't enough to fully offset a slow start to the month caused by Superstorm Sandy.
Upscale grocer Fresh Market planning Fishers store
Specialty grocery chain The Fresh Market is planning its third store in the Indianapolis area, this time at 116th Street and Cumberland Road in Fishers.
Experts predict 20-percent growth in Cyber Monday shopping
This year’s Cyber Monday could be the biggest online shopping day of the year for the third year in a row. Indianapolis-based retailers The Finish Line and HHGregg are among those offering Cyber Monday specials.