HHGregg’s quarterly earnings, sales jump
HHGregg reported a rise in quarterly profit and sales Thursday morning that exceeded analyst expectations, despite a decrease
in same-store sales.
Retailers
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Hat World acquires 37-store Sports Fan-Attic chain
Locally based Hat World Inc. has agreed to acquire a popular 37-store athletic retail chain in hopes of doing for collegiate
and professional sports licensed apparel what Hat World did for headwear.
Bankruptcies, store closings help Halloween shops scare up space
Like zombies coming to life in a low-budget horror flick, the Halloween specialty shops that invade empty store fronts are
groaning with activity.
Panel rejects major alcohol sale proposals for state
An Indiana legislative committee recommends carryout sales of alcohol remain banned on Sundays, and liquor stores stay the
only place to buy cold beer.
Northeast-side CVS gets nod
The Metropolitan Development Commission has given its blessing to a new CVS store along 82nd Street just east of Interstate
69 over the objection of city planners.
O’Malia’s closing northside market after 33 years
The O’Malia’s Food Market near 56th Street and Emerson Avenue will close for good this weekend after a 33-year run.
Underage alcohol program nabs 370 retailers
An Indiana State Excise Police initiative that uses underage customers to catch retailers selling alcohol to people under
age 21 netted more than 370 violations across Indiana in only three months.
Kroger ads in Star grab attention, raise eyebrows
A new eye-grabbing advertising design in The Indianapolis Star has some wondering where ad content stops and news
content begins.
Many retailers report September sales declines
Early September reports from retailers show sales are still falling for many amid worries about jobs and tight credit, but
many of the results came in better than expected.
Cabela’s puts Greenwood property up for sale
Cabela’s is selling the land on which it had planned to build a store in Greenwood.
Recession-stung stores plan old-fashioned holidays
Stores are turning back the clock, conjuring images of hearth and home as they stock their holiday merchandise. Retailers
hope embracing holiday traditions from cozier times will tempt recession-weary consumers to open their wallets in a season
expected to show flat sales at best.
Camera retailer Roberts adjusts to the times, plans new store
The home-grown retailer lately has sought to
supply cameras for government and law-enforcement entities as its once-reliable newspaper clientele scales back.
Bloomington looking at downtown chain-store ban
A committee will research a proposal from Bloomington’s mayor to ban new chain or “formula” businesses from parts of the city’s
downtown.
Hat World acquires Minnesota sporting goods dealer
Indianapolis-based Hat World Inc. said Monday that its Impact Sports division has acquired Great Plains Sports in St. Paul,
Minn.
Finish Line shares rise despite quarterly loss
Shares in locally based athletic retailer The Finish Line Inc. jumped Friday morning after the company reported a narrow loss
for the second fiscal quarter, mostly because of the large cost of unloading its unsuccessful Man Alive stores in July.
Finish Line suffers second quarter loss
Sporting goods retailer The Finish Line Inc. said on Thursday that it lost $874,000 in the second quarter, mostly because
of a loss it took by unloading its unsuccessful Man Alive stores in July.
Groups take sides in debate over Sunday alcohol sales
Supporters and foes of repealing Indiana’s ban on Sunday take-out alcohol sales made their cases before a group of lawmakers yesterday in a preview of what could be a divisive debate in the next legislative session.
Indiana lawmakers to discuss Sunday alcohol sales ban
Supporters and foes of repealing Indiana’s ban on Sunday take-out alcohol sales plan to make their case before a group of
lawmakers.
U.S. retail sales rose more than expected in August
Retail sales jumped in August, spurred by widespread gains beyond the increases of auto and gasoline sales that economists
expected.
HHGregg promotes three executives
Indianapolis-based electronics retailer HHGregg Inc. announced the promotions of three executives this morning, including
the appointment of a new chief financial officer.