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.
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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.
Deceased HHGregg chairman oversaw explosive growth
Jerry Throgmartin helped transform HHGregg from a local electronics retailer into a national player with more than $2 billion in revenue. He died over the weekend while visiting his ranch in Colorado.
Walgreen marks retailers’ push into health care
Health care reform is projected to cover 30 million more people with health insurance—and overwhelm the nation’s doctors. That’s why retailers like Walgreen and Wal-Mart are moving into the space in a big way.
Restaurants and stores plan new Indy locations
Off Broadway Shoes highlights new retailers entering the market.
Super Bowl plans set for former Nordstrom space
An after-hours nightclub and a sports apparel shop operated by Indianapolis-based Lids Sports Group will occupy much of the space, dubbed “The Huddle,” during the festivities starting on Jan. 27.
Closed meeting angers wounded store clerk’s family
The family of a convenience store clerk critically injured in an October shooting harshly criticized an Indiana agency's decision to hold a closed-door meeting Wednesday with trade groups on efforts to boost safety at the 24-hour facilities.
HHGregg shares sink on disappointing earnings
Appliance and electronics retailer HHGregg Inc.’s stock price fell more than 15 percent Tuesday after it reported lower-than-expected earnings for the fiscal third quarter.
Blakley Corp. hires first outsider CEO
Indianapolis-based Blakley Corp., a specialty contractor and home-flooring retailer, has hired the first outsider CEO in the company's 114-year history.