Content about Indianapolis

March 21, 2014

Outdoor retailer Cabela’s is bringing its smaller format, next generation concept to the Indianapolis suburb of Noblesville.

Outdoor retailer Cabela’s is bringing its smaller format, next-generation concept to the Indianapolis suburb of Noblesville.

The store isn’t due to open until the fall of 2015 but Cabela’s tends to pre-announce store expansion plans well in advance of actual opening dates as its stores tend to be big news events in the communities where they are located.
Construction is expected to begin later this at Interstate 69 and Campus Parkway in the new Saxony Campus development adjacent to Hamilton Town Center.

March 21, 2014

Outdoor retailer Cabela’s is bringing its smaller format, next generation concept to the Indianapolis suburb of Noblesville.

Outdoor retailer Cabela’s is bringing its smaller format, next-generation concept to the Indianapolis suburb of Noblesville.

The store isn’t due to open until the fall of 2015 but Cabela’s tends to pre-announce store expansion plans well in advance of actual opening dates as its stores tend to be big news events in the communities where they are located.
Construction is expected to begin later this at Interstate 69 and Campus Parkway in the new Saxony Campus development adjacent to Hamilton Town Center.

February 12, 2014

Less than a year after joining Hhgregg to lead the retailer’s digital initiatives, Kevin Lyons has been elevated to the role of SVP of e-commerce.

Less than a year after joining Hhgregg to lead the retailer’s digital initiatives, Kevin Lyons has been elevated to the role of SVP of e-commerce.

The Indianapolis-based operator of 228 stores said Lyons’ promotion to SVP from VP of e-commerce resulted from the creation of an ambitious online development and promotional strategy. As a result, Hhgregg has improved website navigation, driven positive social media engagement among key customer groups and integrated online and in-store marketing, resulting in double-digit growth in sales and conversions.

January 24, 2014

Giant Eagle is making a push into Indiana with a Market District concept and GetGo, a convenience store, planned just outside of Indianapolis, according to published reports.

Giant Eagle is making a push into Indiana with a Market District concept and GetGo, a convenience store, planned just outside of Indianapolis, according to published reports.

According to reports, it will be the first Giant Eagle store in the state, and additional stores in the metro area might follow.

“We are thrilled to bring our Market District and GetGo concepts to Carmel and greater Indianapolis,” Giant Eagle CEO Laura Karet said in a statement. “We are also actively evaluating opportunities for additional locations.”

January 24, 2014

Giant Eagle is making a push into Indiana with a Market District concept and GetGo, a convenience store, planned just outside of Indianapolis, according to published reports.

Giant Eagle is making a push into Indiana with a Market District concept and GetGo, a convenience store, planned just outside of Indianapolis, according to published reports.

According to reports, it will be the first Giant Eagle store in the state, and additional stores in the metro area might follow.

“We are thrilled to bring our Market District and GetGo concepts to Carmel and greater Indianapolis,” Giant Eagle CEO Laura Karet said in a statement. “We are also actively evaluating opportunities for additional locations.”

December 26, 2013

Consumer electronics retailer HH Gregg is looking for a new chief financial officer after Jeremy Aguilar resigned from the company to accept a similar role elsewhere.

Consumer electronics retailer HH Gregg is looking for a new chief financial officer after Jeremy Aguilar resigned from the company to accept a similar role elsewhere.

Aguilar spent eight years with the Indianapolis-based operator of 228 stores. His resignation is effective as of January 31 at which time SVP of finance Andrew Giesler will assume CFO responsibilities on an interim basis.

October 24, 2013

GNC plans to make some major supply chain investments in 2014, including opening a fourth distribution center serving domestic stores, located near Indianapolis, following strong results for the third quarter.

GNC plans to make some major supply chain investments in 2014, including opening a fourth distribution center serving domestic stores, located near Indianapolis, following strong results for the third quarter.

The company reported a net income increase of 17.3%, from $62.2 million to $73 million.

Revenue grew about 9%, from $621.6 million to $675.6 million. Same store sales increased approximately 6.7% in domestic company-owned stores, including GNC.com sales, in the quarter, while in domestic franchise locations, same-store sales increased 5.9%.

September 27, 2013

Sales at Indianapolis-based athletic footwear and apparel retailer Finish Line grew 13.3% to $436 million and earnings per share increase 10.2% to 54 cents, nine cents better than analysts forecast for the period ended August 31.

Sales at Indianapolis-based athletic footwear and apparel retailer Finish Line grew 13.3% to $436 million and earnings per share increase 10.2% to 54 cents, nine cents better than analysts forecast for the period ended August 31.

Company chairman and CEO Glenn Lyon characterized the performance as solid, and credited a 0.9% comp increase and expense control for profit growth.

September 18, 2013

Indianapolis-based appliance and electronics retailer HH Gregg announced plans to hire 500 qualified home appliance and electronics salespeople for its 228 stores in preparation for the holiday shopping season.

Indianapolis-based appliance and electronics retailer HH Gregg announced plans to hire 500 qualified home appliance and electronics salespeople for its 228 stores in preparation for the holiday shopping season. 

The company is accepting applications through the end of the month and will be hiring for stores in the Midwest, South, Mid-Atlantic and Great Lakes regions. Associates hired in advance of the holiday season will be offered permanent full-time and part-time sales positions.

July 23, 2013

Office supplies and clothing retailers are not the only ones vying for foot traffic during back-to-school season. Students need laptops and other consumer electronics, too, and CE retailers HH Gregg is jumping into the fray with its list of sales and specials targeted at the tech-savvy crowd.

INDIANAPOLIS — Office supplies and clothing retailers are not the only ones vying for foot traffic during back-to-school season. Students need laptops and other consumer electronics, too, and specialty retailer HH Gregg is jumping into the fray with its list of sales and specials targeted at the tech-savvy crowd.

The Indianapolis-based retailer is marketing lightweight laptops, fully equipped with high-powered processors and storage, and Samsung tablets to schools with computer- and audiovisual-equipped classrooms as well as college-bound students. 

June 10, 2013

Kroger central division employees working at Kroger stores in the Indianapolis area have ratified a new four-year labor agreement with UFCW Local 700.

INDIANAPOLIS — Kroger central division employees working at Kroger stores in the Indianapolis area have ratified a new four-year labor agreement with UFCW Local 700.

May 26, 2013

Kroger's mid-south division president John Hackett is retiring, after 50 years of service with the company. Hackett began his career with Kroger in 1963 as a store clerk in London, Ohio, while working his way through college at The Ohio State University.

LOUISVILLE, Ky. — Kroger's mid-south division president John Hackett is retiring, after 50 years of service with the company. Hackett began his career with Kroger in 1963 as a store clerk in London, Ohio, while working his way through college at The Ohio State University.

May 23, 2013

Banana Boat sunscreen is riding shotgun with Target-sponsored Chip Ganassi Racing for the second year in row at the 2013 IZOD IndyCar Series.

INDIANAPOLIS — Banana Boat sunscreen is riding shotgun with Target-sponsored Chip Ganassi Racing for the second year in row at the 2013 Izod IndyCar Series. The sunscreen products producer is leveraging the partnership to market its Banana Boat Sport Performance CoolZone sunscreen and Banana Boat Protect and Hydrate Sunscreen lotions. 

May 17, 2013

Indianapolis-based appliance and electronics retailer HH Gregg is looking to Leo Burnett USA and Spark SMG, a full-service media agency of Starcom MediaVest Group, to help it expand brand awareness for its products.

CHICAGO — Indianapolis-based appliance and electronics retailer HH Gregg is looking to Leo Burnett USA and Spark SMG, a full-service media agency of Starcom MediaVest Group, to help it expand brand awareness for its products.

"From the beginning, Leo Burnett and Spark demonstrated a deep understanding of our business and our vision for the future," said Jeff Pearson, SVP of marketing. "After a diligent process we chose Leo Burnett and Spark as the best agencies to help us build a winning national brand."

February 6, 2013

Hhgregg announced that it has launched a “Price Match Guarantee” to ensure that its customers receive the lowest advertised prices on merchandise both in stores and online, for up to 30 days after the date of purchase.

INDIANAPOLIS — Hhgregg announced that it has launched a “Price Match Guarantee” to ensure that its customers receive the lowest advertised prices on merchandise both in stores and online, for up to 30 days after the date of purchase.

January 31, 2013

Lackluster performance in the video space ontinues to impact Hhgregg's sales and earnings results, causing the retailer to focus on more lucrative categories.

INDIANAPOLIS — Lackluster performance in the video space ontinues to impact Hhgregg's sales and earnings results, causing the retailer to focus on more lucrative categories.

The electronics retailer reported net income of $17.4 million, or 51 cents per diluted share, for the third quarter ended Dec. 31, 2012, compared with net income of $22.5 million, or 60 cents per diluted share, for the comparable prior year period. 

November 12, 2012

Home furnishings retailer West Elm today announced that it will open a new store in Indianapolis on Nov. 15.

Brooklyn, N.Y. -- Home furnishings retailer West Elm today announced that it will open a new store in Indianapolis on Nov. 15. Located in The Fashion Mall at Keystone, the new store will be the first West Elm in Indiana.

Through a partnership with Etsy, the store will feature a locally made collection of decorative accessories from artists in the Indianapolis area.

November 12, 2012

Home furnishings retailer West Elm today announced that it will open a new store in Indianapolis on Nov. 15.

Brooklyn, N.Y. -- Home furnishings retailer West Elm today announced that it will open a new store in Indianapolis on Nov. 15. Located in The Fashion Mall at Keystone, the new store will be the first West Elm in Indiana.

Through a partnership with Etsy, the store will feature a locally made collection of decorative accessories from artists in the Indianapolis area.

August 2, 2012

Hhgregg's first quarter loss widened to $5.7 million, or 16 cents per diluted share, from a loss of $0.8 million, or 2 cents per diluted share, for the comparable prior year period, thanks to same-store sales decline of 5.1% and increased expenses.

INDIANAPOLIS — Hhgregg's first quarter loss widened to $5.7 million, or 16 cents per diluted share, from a loss of $0.8 million, or 2 cents per diluted share, for the comparable prior year period, thanks to same-store sales decline of 5.1% and increased expenses.

June 29, 2012

The Finish Line reported first quarter net sales of $319 million, an increase of 6.5% from the same period last year.

INDIANAPOLIS — The Finish Line reported first quarter net sales of $319 million, an increase of 6.5% from the same period last year. Comparable-store sales were up 8% on top of a 6.5% increase last year.

The company reported earnings of 24 cents per diluted share.
   

May 30, 2012

Target couldn’t have written a better script for last weekend’s Indianapolis 500, won by Dario Franchitti in the number 50 Target Honda.

Target couldn’t have written a better script for last weekend’s Indianapolis 500, won by Dario Franchitti in the number 50 Target Honda.

Fans of the IndyCar racing series know that Franchitti’s Honda normally bears the number 10, but in recognition of Target’s golden anniversary the car and his uniform bore the number 50. Franchitti had won the Indy 500 on two prior occasions so the fact that he was running well throughout the day was no surprise.

May 16, 2012

IndyCar driver Dario Franchitti will honor sponsor Target's 50th anniversary by using the using the number 50 on the car he will use at the Indianapolis 500. The car will feature a paint scheme that uses the Target bullseye in place of the zero. Franchitti regularly uses the No. 10 car. Read more.

 

June 10, 2011

Recreational Equipment Inc. announced that it will open its first Indiana store in Indianapolis next spring.

SEATTLE — Recreational Equipment Inc. announced that it will open its first Indiana store in Indianapolis next spring.

According to the company, the one-story, approximately 23,800 sq.-ft. store will offer products from the top brands of outdoor gear and apparel for camping, climbing, cycling, fitness, hiking, paddling, snow sports and travel. The Indianapolis store will also house a bike shop for quick assemblies and repairs, and a seasonal gear rental department for customers looking to test new activities, REI reported. 

June 10, 2011

Recreational Equipment Inc. announced that it will open its first Indiana store in Indianapolis next spring.

SEATTLE — Recreational Equipment Inc. announced that it will open its first Indiana store in Indianapolis next spring.

According to the company, the one-story, approximately 23,800 sq.-ft. store will offer products from the top brands of outdoor gear and apparel for camping, climbing, cycling, fitness, hiking, paddling, snow sports and travel. The Indianapolis store will also house a bike shop for quick assemblies and repairs, and a seasonal gear rental department for customers looking to test new activities, REI reported. 

February 8, 2011

Appliance and electronics retailer Hhgregg reported Tuesday that net income for the quarter ended Dec. 31 rose 18.4% to $26.9 million, compared with $22.7 million in the year-ago period.

Indianapolis -- Appliance and electronics retailer Hhgregg reported Tuesday that net income for the quarter ended Dec. 31 rose 18.4% to $26.9 million, compared with $22.7 million in the year-ago period.

Net sales increased 30.6% to $653.7 million. Same-stores dropped 6.2%.