Content about Indianapolis

August 26, 2014

Simon Property Group is teaming up with style website Refinery29 to create “The Shopping Block” experience at six Simon shopping centers in September and October.

Indianapolis - Simon Property Group is teaming up with style website Refinery29 to create “The Shopping Block” experience at six Simon shopping centers in September and October. Targeted at Millennials, the collaboration will consist of one-day pop-ups and related events.

August 7, 2014

Amazon.com has expanded same-day delivery in Baltimore, Dallas, Indianapolis, New York City, Philadelphia, and Washington, D.C., metro areas, with more than a million eligible items now available for same-day delivery.

Seattle - Amazon.com has expanded same-day delivery in Baltimore, Dallas, Indianapolis, New York City, Philadelphia, and Washington, D.C., metro areas, with more than a million eligible items now available for same-day delivery. These six cities join the existing same-day delivery-eligible cities of Los Angeles, Phoenix, San Francisco and Seattle.

August 7, 2014

Amazon.com has expanded same-day delivery in Baltimore, Dallas, Indianapolis, New York City, Philadelphia, and Washington, D.C., metro areas, with more than a million eligible items now available for same-day delivery.

Seattle - Amazon.com has expanded same-day delivery in Baltimore, Dallas, Indianapolis, New York City, Philadelphia, and Washington, D.C., metro areas, with more than a million eligible items now available for same-day delivery. These six cities join the existing same-day delivery-eligible cities of Los Angeles, Phoenix, San Francisco and Seattle.

August 4, 2014

Simon announced the expansion of its agreement with Mobiquity Technologies, a technology company focusing on location-based mobile solutions, to create "smart malls" in 200-plus Simon retail destinations in the U.S. using Bluetooth-enabled iBeacon technology.

Indianapolis -- Simon announced the expansion of its agreement with Mobiquity Technologies, a technology company focusing on location-based mobile solutions, to create "smart malls" in 200-plus Simon retail destinations in the U.S. using Bluetooth-enabled iBeacon technology.

July 22, 2014

Lowe's announced plans to locate a customer support center in Indianapolis, creating up to 1,000 new jobs by 2016.

MOORESVILLE, N.C. -- Lowe's announced plans to locate a customer support center in Indianapolis, creating up to 1,000 new jobs by 2016.

The retailer plans to invest $20.5 million to purchase, renovate and equip a 140,000-sq.-ft. office facility at Intech Park 12, 6620 Network Way, on the northwest side of Indianapolis. The new center will support stores and internet sales, delivery services and repair services for Lowe's customers across the United States.

July 22, 2014

Lowe's announced plans to locate a customer support center in Indianapolis, creating up to 1,000 new jobs by 2016.

MOORESVILLE, N.C. -- Lowe's announced plans to locate a customer support center in Indianapolis, creating up to 1,000 new jobs by 2016.

The retailer plans to invest $20.5 million to purchase, renovate and equip a 140,000-sq.-ft. office facility at Intech Park 12, 6620 Network Way, on the northwest side of Indianapolis. The new center will support stores and internet sales, delivery services and repair services for Lowe's customers across the United States.

June 27, 2014

The Finish Line’s first-quarter profit more than doubled as the retailer expanded its presence online and in Macy's stores nationwide.

Indianapolis -- The Finish Line’s first-quarter profit more than doubled as the retailer expanded its presence online and in Macy's stores nationwide. Its results topped Wall Street estimates.
 
The retailer reported a profit of $12.4 million, compared to $5.1 million in the year-ago period. Revenue was up 16% to $406.5 million. Same-store sales increased 5%.
 

June 24, 2014

Athletic footwear retailer The Finish Line offers a highly seasonal assortment. When spring products started coming in from the company’s brand partners in January 2014, the chain decided to build upon its ongoing omnichannel strategy to create an experience to help boost spring customer traffic and sales.

June 19, 2014

Walmart will open a new dedicated e-commerce fulfillment, in the Indianapolis suburb of Plainview.

New York -- Walmart will open a new dedicated e-commerce fulfillment, in the Indianapolis suburb of Plainview. The1.2 million-sq.-ft. facility is expected to open in early 2015.

Walmart’s other online dedicated centers are located in Texas and Pennsylvania.

June 19, 2014

Walmart will open a new dedicated e-commerce fulfillment, in the Indianapolis suburb of Plainview.

New York -- Walmart will open a new dedicated e-commerce fulfillment, in the Indianapolis suburb of Plainview. The1.2 million-sq.-ft. facility is expected to open in early 2015.

Walmart’s other online dedicated centers are located in Texas and Pennsylvania.

June 18, 2014

Indoor retail mapping platform Aisle411 will provide indoor mapping services to Indianapolis-based Marsh Supermarkets.

St. Louis -- Indoor retail mapping platform Aisle411 will provide indoor mapping services to Indianapolis-based Marsh Supermarkets. The retailer seeks to improve the shopping experience for its customers by leveraging the navigation platform via its new Marsh App.

June 12, 2014

Simon Property Group has begun a collaboration with elevate DIGITAL, a developer of interactive digital technology, to install digital concierge solutions in a number of Simon’s U.S. retail shopping centers.

Indianapolis, Ind. — Simon Property Group has begun a collaboration with elevate DIGITAL, a developer of interactive digital technology, to install digital concierge solutions in a number of Simon’s U.S. retail shopping centers.

June 11, 2014

Simon, a leading global retail real estate company, has announced a collaboration with elevate Digital, a developer of interactive digital technology, to install "digital concierge" solutions in a number of Simon's U.S. retail properties.

INDIANAPOLIS — Simon, a leading global retail real estate company, has announced a collaboration with elevate Digital, a developer of interactive digital technology, to install "digital concierge" solutions in a number of Simon's U.S. retail properties.

The interactive displays will provide Simon mall visitors with a virtual way-finding experience to help them navigate the mall, find deals, events, promotions and also take relevant information with them on a mobile device.

May 30, 2014

Logility, a leading supplier of collaborative solutions to optimize the supply chain, announced its acquisition of privately held MID Retail, Inc., an Indianapolis-based provider of retail allocation and merchandise planning solutions.

Atlanta -- Logility, a leading supplier of collaborative solutions to optimize the supply chain, announced its acquisition of privately held MID Retail, Inc., an Indianapolis-based provider of retail allocation and merchandise planning solutions.

May 7, 2014

Simon Property Group plans to distribute all of the common shares of Washington Prime Group Inc. to Simon stockholders.

IndianapolisSimon Property Group plans to distribute all of the common shares of Washington Prime Group Inc. to Simon stockholders. Following the distribution, Washington Prime will be an independent, publicly traded company listed on the New York Stock Exchange under the symbol “WPG.”

April 24, 2014

Simon Property Group Inc. has opened a 50-store expansion of Desert Hills Premium Outlets in Cabazon, California.

Indianapolis -- Simon Property Group Inc. has opened a 50-store expansion of Desert Hills Premium Outlets in Cabazon, California. Desert Hills now has 180 stores.

March 20, 2014

Cabela’s Incorporated plans to open a store in Noblesville, Ind., serving the greater Indianapolis area.

Sidney, Neb. -- Cabela’s Incorporated plans to open a store in Noblesville, Ind., serving the greater Indianapolis area. Construction is scheduled to begin later in 2014 and the store is expected to open in fall 2015.

The 80,000-sq.-ft. store will be located in the new Saxony Campus development adjacent to Hamilton Town Center. It will be Cabela’s second Indiana store, joining the Hammond location opened in 2007, and is expected to employ approximately 170 full-time and part-time employees.

March 20, 2014

Cabela’s Incorporated plans to open a store in Noblesville, Ind., serving the greater Indianapolis area.

Sidney, Neb. -- Cabela’s Incorporated plans to open a store in Noblesville, Ind., serving the greater Indianapolis area. Construction is scheduled to begin later in 2014 and the store is expected to open in fall 2015.

The 80,000-sq.-ft. store will be located in the new Saxony Campus development adjacent to Hamilton Town Center. It will be Cabela’s second Indiana store, joining the Hammond location opened in 2007, and is expected to employ approximately 170 full-time and part-time employees.

March 13, 2014

Mid-America Real Estate Corp.’s investment sales team has brokered the sale of Shadeland Station.

Oakbrook Terrace, Ill. — Mid-America Real Estate Corp.’s investment sales team has brokered the sale of Shadeland Station. Time Equities purchased the 104,906-sq.-ft. grocery-anchored shopping center. Marsh Supermarkets and Dollar Tree anchor the center.

Mid-America Real Estate Corp. in cooperation with Mid-America Real Estate – Indiana LLC brokered the transaction exclusively on behalf of the seller, a joint venture between Tri-Land Developments and an affiliate of Equity Group Investments.

March 6, 2014

Corner Bakery Café has signed a new multi-unit development agreement to open its first restaurants in Indianapolis beginning later this year and the remaining sites over the next six years.

Dallas -- Corner Bakery Café has signed a new multi-unit development agreement to open its first restaurants in Indianapolis beginning later this year and the remaining sites over the next six years.

March 6, 2014

Corner Bakery Café has signed a new multi-unit development agreement to open its first restaurants in Indianapolis beginning later this year and the remaining sites over the next six years.

Dallas -- Corner Bakery Café has signed a new multi-unit development agreement to open its first restaurants in Indianapolis beginning later this year and the remaining sites over the next six years.

December 13, 2013

Simon Property Group has announced a plan to spin off all of its strip center business along with its smaller enclosed malls into an independent publicly traded REIT called SpinCo.

Indianapolis — Simon Property Group has announced a plan to spin off all of its strip center business along with its smaller enclosed malls into an independent publicly traded REIT called SpinCo.

October 18, 2013

Mid-America Real Estate Corp.’s Net Lease Investment Group recently brokered the sale of an 8,320-sq.-ft. Family Dollar in Indianapolis.

Indianapolis — Mid-America Real Estate Corp.’s Net Lease Investment Group recently brokered the sale of an 8,320-sq.-ft. Family Dollar in Indianapolis. An investment fund in Texas purchased the property from a private developer for $1.142 million, which is a 7.5% cap rate. The building is leased to Family dollar for 10 years.

The newly constructed Family Dollar is in the Lawrence Commons shopping center anchored by LA Fitness.

October 18, 2013

Mid-America Real Estate Corp.’s Net Lease Investment Group recently brokered the sale of an 8,320-sq.-ft. Family Dollar in Indianapolis.

Indianapolis — Mid-America Real Estate Corp.’s Net Lease Investment Group recently brokered the sale of an 8,320-sq.-ft. Family Dollar in Indianapolis. An investment fund in Texas purchased the property from a private developer for $1.142 million, which is a 7.5% cap rate. The building is leased to Family dollar for 10 years.

The newly constructed Family Dollar is in the Lawrence Commons shopping center anchored by LA Fitness.

September 27, 2013

The Finish Line posted increases in net income, net sales and same-store sales during the second quarter of fiscal 2013.

Indianapolis – The Finish Line posted increases in net income, net sales and same-store sales during the second quarter of fiscal 2013. Net income totaled $26.19 million, up 6.1% from about $24.44 million a year earlier.

Consolidated net sales were $436 million, up 13.3 % from $385 million in the same quarter the previous year. Same-store sales rose 0.9%.