Indiana escapes Best Buy’s closure plans
Indiana isn’t part of Best Buy’s plan to close 50 stores, the electronics retail chain announced over the weekend.
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Advertising art to find home at historical society
The collection brings to light a bygone era in advertising when Block's and other big downtown department stores ruled the retail landscape and employed their own fashion illustrators.
Hofmeister seeks financing to emerge from bankruptcy
Despite objections from unsecured creditors, a federal bankruptcy judge granted the jeweler's request to hire an outside consultant to help it seek alternative financing to repay the balance of a PNC Bank loan.
Local automobile dealers enjoy big month of sales
New car sales nationally rose about 13 percent last month as consumers replaced aging vehicles and took advantage of cheap financing. Sales were way up for many Indianapolis auto dealers.
Finish Line launches running venture, reports strong sales
The Finish Line Inc. will partner with a private equity firm to expand its specialty running shops and develop Run.com, the Indianapolis-based retailer said Friday. The company also reported strong fourth-quarter earnings, but its outlook sent shares tumbling.
INSIDE DISH: Patachou Inc. has full plate with expansion plans
Founder Martha Hoover expects to open two new restaurants by the end of the year and as many as six more by 2020, including eateries outside central Indiana.
New hardware store tries to carve out niche near downtown
In a city and industry dominated by big-box home-improvement chains, North Meridian Hardware owner Keith Payne hopes his independent store can build a loyal following among downtown’s denizens.
French mall operator looks to Simon for know-how
Simon Property Group Inc.’s cutting-edge experience as the biggest U.S. mall owner will help Klepierre SA boost rental income at its shopping centers, the French company’s CEO says.
Purdue graduate takes top job at McDonald’s
McDonald’s Corp. said Chief Operating Officer Don Thompson, who grew up in Indianapolis and graduated from Purdue University, will take over as CEO, becoming the first black chief of the world’s largest restaurant chain.
Law goes into effect banning retail sales of ‘bath salts’
Under the measure, retailers could lose their business licenses for a year if they're caught selling the synthetic drugs.
Mass Ave restaurant plans clear first hurdle
The city’s Historic Preservation Commission has approved rezoning and variance requests for two buildings sought by the owners of Broad Ripple’s Brugge Brasserie just south of the intersection of Massachusetts and Park avenues.
HHGregg gets $40M from life insurance on former CEO
HHGregg has collected a $40 million payout from a life insurance policy it took out on former executive chairman Jerry W. Throgmartin, who died in January after a sudden illness.
Office-supply standby Arvey Paper set to close
One of the city's most popular spots to buy paper and office supplies is scheduled to close next month as part of a nationwide consolidation by its parent company.
INSIDE DISH: Gastropub owners get aggressive after big first year
The Local Eatery and Pub in Westfield streaked past break-even point in its first 12 months, leading its relieved but exhausted owners to plan new projects.
Committee to push for safer late-night stores in Indiana
Since 2006, six people have been killed and 27 people have been seriously injured in violent crimes at late-night stores in Indiana.
HHGregg reports smaller profit in fiscal third quarter
The appliance and electronics retailer attributed the decline to lower-than-expected profit margins and higher spending on advertising.
Indiana liquor law could crimp Super Bowl parties
Indiana is among a handful of states that ban carryout liquor sales on Sundays. Even hosting the NFL's most-celebrated spectacle won’t change that.
Retailer Lids strives for Super Bowl dominance
Lids Sports Group is emerging as an early Super Bowl winner among local businesses after betting big that souvenir sales would shine.
Meningitis complications felled Throgmartin, family says
Meningitis, a rare disorder caused by an infection of the membranes covering the brain and spinal cord, usually can be treated but is sometimes fatal.
Pet specialty retailer plans 135 jobs in Indiana
Pet Supplies Plus said it will add the positions by relocating its warehousing operations from Michigan to Seymour, 60 miles south of Indianapolis.