Retail trade group sees modest holiday sales gain
The National Retail Federation, the nation's largest retail trade group, expects winter holiday sales to rise 2.8 percent, to $465.6 billion this year.
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Jeweler plans massive sale in bid to escape bankruptcy
Hofmeister Personal Jewelers Inc., which sought Chapter 11 reorganization in April, is asking the court to let it bring in a national consultant to oversee a huge sale that would begin next month and last until February.
INSIDE DISH: Avec Moi in midst of startup tests
Kris Parmelee pulled off a major career shift by switching from consultancy to the kitchen. But getting her home-cooking takeout startup, Avec Moi, off the ground has been tough.
Finish Line quarterly profit rises on strong sales
The Indianapolis-based retailer’s second-quarter profit rose 24 percent over year ago, to $20.9 million, helped by strong sales in stores open at least a year.
Some NFL teams would make for a more lucrative Super Bowl
A 2012 Super Bowl between the Chicago Bears and New York Jets is one of the matchups that would give local businesses plenty to cheer about, experts say. National Football League officials have told Indianapolis to expect 150,000 visitors for the Super Bowl. If two prime teams make it, the number will be closer to 250,000.
Retail sales in U.S. stagnate amid poor job market
Retail sales in the U.S. unexpectedly stagnated in August as a lack of jobs restrained shoppers. Chains like Best Buy Co. and Target Corp. say a struggling labor market that’s battered confidence is hurting sales.
WALTZ: It’s past time for Congress to kill Quill
It is important to remember that online sales taxes would not be a new tax. Sales taxes are currently owed on every retail purchase made over the Internet—they’re just not being paid.
Hat World suing three former execs for contract breaches
The federal suit seeks monetary damages and a permanent injunction prohibiting the men from soliciting customers and employees, and from disclosing trade secrets.
Analysts react positively to Finish Line purchase
The Indianapolis-based retailer’s acquisition of an 18-store specialty running chain should produce better results than some past miscalculations, analysts say.
Finish Line acquires 18-store chain for $8.5M
The Indianapolis-based athletics retailer acquired the chain in order to enter the specialty running market. The stores are located primarily in the eastern part of the country.
Circle Centre wants Cinnabon out of mall
A lawsuit filed by the downtown Indianapolis mall accuses Cinnaworks LLC, a franchisee of Cinnabon, of failing to pay its $6,751-per-month rent.
Auction set for Glass Chimney restaurant in Carmel
Real estate and furnishings for the Glass Chimney and casual-dining neighbor Deeter’s will be auctioned at 10 a.m. on Wednesday. The long-time restaurants closed this summer.
Marsh outsourcing distribution to East Coast firm
Marsh Supermarkets Inc. plans to outsource distribution services for all 97 of its stores to C&S Wholesale Grocers Inc. Marsh said 250 logistics workers will become employees for C&S.
HHGregg shares plunge after rare quarterly loss
Shares of electronics and appliance retailer HHGregg Inc. slumped more than 18 percent Thursday morning, to a two-year low, after the chain reported its first quarterly loss in four years.
Retailer HHGregg suffers rare quarterly loss
The appliance and electronics retailer on Thursday reported a loss of $800,000, or 2 cents per share, in its fiscal first quarter ended June 30—just its second quarterly loss since going public in 2007.
INSIDE DISH: ‘Edibles’ team returns with moveable feast
Becky Hostetter and her husband, David, are applying lessons learned from the implosion of Essential Edibles to their new health-conscious food trailer, Duos.
Prospects bright for Borders replacements
Brokers expect strong demand from other retailers, in part because the failed bookstore chain carefully chose its real estate, opting for locations near concentrations of affluent and educated consumers.
Inspections find fewer Indiana underage alcohol sales
State inspections found Indiana's bars, restaurants and liquor stores doing a much better job of not selling alcohol to underaged Hoosiers.
Borders liquidation another blow to retail real estate
Borders Group Inc.’s proposed liquidation will increase available U.S. retail space by about 6.3 million square feet as the industry struggles with near-record vacancy rates and stagnant rents.
Borders turns the final page, will close all stores
The chain of bookstores will shutter its remaining 399 locations by September, including the few left in central Indiana. Company brass blame the changing book industry, eReader revolution, and turbulent economy.