Oldest business in downtown Fishers closing
The family-owned meat shop and full-service caterer has been operating in the northern suburbs since 1966. It moved from Zionsville to Fishers in 1969.
Specialty stores
Articles
Fragrance retailer with local store files for bankruptcy protection
Fragrance seller Perfumania has filed for bankruptcy protection, and plans to close 65 of its 230 stores as it focuses more on selling online.
Vaping industry takes off after monopoly removed
Indiana’s once-struggling vaping industry is expanding again now that a new state law has eliminated a monopoly that strangled manufacturers’ ability to sell their products here.
National children’s retailer closing five Indiana stores
Children's clothing retailer Gymboree Corp. is closing 350 stores—including multiple shops in Indiana—as its works to restructure in bankruptcy. The Indianapolis area did not avoid the closure list.
Audio firm finds ‘Made in USA’ strikes chord
Indy Audio Labs, founded in 2009, serves a very exclusive market niche—high-end audio equipment for home music and theater buffs.
Indiana toy store calling it quits after nearly eight decades
Veach’s Toy Station, founded in 1938, plans to close its 16,000-square-foot store in August due to declining sales.
Owners lavish more than love on pets—and businesses respond
U.S. spending on pets has increased every year since at least 1994, with the largest boost—nearly 11 percent—occurring last year.
Ricker’s would get reprieve—for now—under measure approved by House panel
The convenience store chain would be able to keep the permits that two locations use to sell cold carryout beer—a hot-button issue for Indiana liquor stores. Renewing the permits might be trickier.
Anderson University leads effort to draw young entrepreneurs with student debt
An Anderson University fine-arts-major-turned-entrepreneur has helped develop a unique student-loan-forgiveness program that encourages recent Indiana graduates to set up shop in Anderson.
Furniture stores brace for Ikea’s incursion
The long-awaited arrival of Ikea to central Indiana will transform the way many Hoosiers buy furniture.
Golfsmith bankruptcy brings fresh woes to Under Armour, Nike
Golfsmith, which has 109 stores in the U.S. and 55 in Canada, filed for Chapter 11 bankruptcy on Wednesday. The retailer has one store in Indianapolis.
Stock swoons at Lids’ parent after company cuts outlook
Shares in Genesco Inc.—parent of Zionsville-based Lids Sports Group—dropped almost 30 percent Thursday after the company reported lower-than-expected sales in the second quarter and downgraded its full-year outlook.
Gun store argues no liability for straw sale linked to officer’s shooting
Lawyers for an Indianapolis gun store sued for making an illegal straw sale of a firearm that was used to shoot an Indianapolis police officer argued Wednesday that Indiana gun sellers are shielded from civil lawsuits even when they break the law.
Dick’s boosts annual forecast despite slumping golf sales
The sporting goods chain with eight area stores saw its stock rise as much as 10 percent Tuesday morning. The retailer is benefiting from the demise of its biggest rival.
Local retailers betting on board games
An expanding universe of specialty retailers in central Indiana and across the country is satiating an appetite for old-fashioned—and new-fashioned—board games.
Changes in retail expand gulf between haves, have-nots
It turns out that Simon Property Group spun off its less profitable malls and zeroed in on high-end properties at just the right times. Analysts say middling malls are losing out as retailers decide where to pare locations.
Background checks for guns climb dramatically in Indiana
Indiana is on a pace to shatter last year's record of more than 1 million background checks.
Judge urges Staples, Office Depot to discuss $6.3B deal
U.S. judge urged Staples Inc. and Office Depot lawyers to “sit down and talk” with the Federal Trade Commission about terms for resolving the agency’s opposition to their proposed merger.
Long-struggling surfwear chain nearing bankruptcy
Pacific Sunwear of California Inc., which operates 11 stores in Indiana and three in the Indianapolis area, is preparing to file for bankruptcy, according to people with knowledge of the situation.
Owner of Men’s Wearhouse, Jos. A. Bank to close 100s of stores
Tailored Brands Inc., which owns a dozen men’s clothing stores in the Indianapolis area, announced the cost-cutting plan after sales slid during the holidays.