Walgreens to close 1,200 stores as chain attempts to steady operations
Walgreens said Tuesday that its net loss swelled to more than $3 billion in the final quarter of the year, dragged down by U.S. retail and pharmacy sales.
store closing
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Windsor Jewelry to close, ending 105-year run in Indianapolis
Originally an Illinois Street storefront that opened in 1919, Windsor Jewelry moved to Meridian Street just south of Monument Circle in 1970.
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Regal UA Circle Centre movie theater closes after 29 years
The nine-screen complex on the fourth floor of Circle Centre Mall served as one of the shopping center’s original attractions.
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Two Chicks District Co. store closing, ‘Good Bones’ star says
The store in the Bates-Hendricks neighborhood will begin a going-out-of-business sale on Oct. 26, Mina Starsiak Hawk said.
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Rise’n Roll Bakery closing two Indy locations, plans to open another
Rise’n Roll Bakery, known for its doughnuts and Amish Country goods, announced the closures Thursday while confirming plans for a new store in Nora and possibly another one in a northern suburb.
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Articles
Big Lots adds two local stores to closure list
The discount retailer has added more locations to its closure list since filing for Chapter 11 bankruptcy earlier this month.
Big Lots files for bankruptcy protection, plans to sell assets to Nexus Capital
Big Lots said it does plan to close some stores, but didn’t specify how many or what locations would be affected. At the end of 2023, Big Lots operated nearly 1,400 stores in 48 states.
Retailer formerly known as Lumber Liquidators closing all stores
LL Flooring is “winding down operations” after declaring bankruptcy and plans to close all stores, including three stores in central Indiana.
Walgreens en route to closing hundreds—maybe thousands—of stores
CEO Tim Wentworth told analysts Thursday morning that “changes are imminent” for about 25% of the company’s 8,600-plus stores nationwide, which he said were underperforming. Walgreens counts more than 100 stores in central Indiana.
Dollar Tree to close nearly 1,000 stores after surprise fourth quarter loss
Dollar Tree plans to close about 600 Family Dollar stores in the first half of this year and 370 Family Dollar and 30 Dollar Tree stores over the next several years, it announced.
Mass Ave retailer Homespun: Modern Handmade to close
Shop that sells goods made by Midwest artisans opened in Irvington in 2010 and moved to Mass Ave in 2014.
Bed Bath & Beyond to close 150 stores, cut workforce by 20%
Shares of Bed Bath & Beyond lost nearly a quarter of their value Wednesday after the struggling home goods retailer announced a restructuring that includes store closures, layoffs and a possible stock offering.
Once a retail giant, Kmart down to just three stores
Kmart’s demise is attributed to the rise of Walmart and Target and online behemoth Amazon. But retail expert Mark Cohen says the company also was dogged by poor management decisions and could have stayed viable.
Fishers artisan gift shop closing after 20 years
Owner Tracy Gritter opened Gallery 116 at 8597 E. 116th St. in 2002 inside a bungalow-styled building that had recently served as the Fishers Town Hall.
Trust Hardware owner faces lawsuit over north-side store closure
Trust Hardware owner Adam Taylor says supply-chain and labor issues made it too tough to operate, so he closed two of his three stores last month. The landlord at his former Binford Shoppes store is suing Taylor for back rent.
CVS Health to close hundreds of drugstores
The company said Thursday that it will close about 300 stores a year for the next three years, nearly a tenth of its roughly 10,000 retail locations as it reduces store count density in some places.
Books & Brews chain losing Carmel location, down to 5 stores
The Carmel store opened in City Center in 2017 as the first franchise for Indianapolis-based Books & Brews.
Furniture retailer L. Fish closing after nearly 70 years in Indianapolis
L. Fish, which has operated a furniture superstore on the east side of Indianapolis for decades, traces its roots to a now-defunct Chicago-based parent company that opened its first store in 1858.
New leader tries to turn City Market around
Between the pandemic, road construction and downtown safety concerns, the market has been dealing with a heavy load of challenges over the past year, and there’s no consensus on its recovery prospects.
Both Disney Stores in Indiana among those chosen for closure
The company on Wednesday disclosed about 40 of the 60 stores that will cease operations. Among them is a store in Indianapolis.
Disney to shut 60 North American stores, 20% of global total
Indiana has two Disney Store locations—one in Indianapolis at Castleton Square Mall and one in Merrillville.
Fry’s Electronics closes all stores, including Fishers location
The 180,000-square-foot Fishers store originally housed Incredible Universe, a media and electronics superstore owned by Radio Shack parent Tandy Corp. Fry’s took over the building in 2005.
Retailer Shoe Show to depart Circle Centre
The North Carolina-based retail chain opened its Circle Centre location in late 2019. The company’s other area stores will remain open.
Roberts Camera to close Carmel store, consolidate operations
Owners of the 64-year old business—which was founded as a discount jewelry store in 1957 by Robert and Rose Pallman—cited several reasons for the decision.