Indianapolis Real Estate News 2

Macy's Inc. said strong holiday and online sales helped push its fiscal fourth-quarter net income up 12 percent. The department store chain's results topped Wall Street's expectations and its stock climbed.

Wal-Mart Stores Inc.'s low-cost strategy during the holidays both helped and hurt its performance in the fourth quarter: The world's largest retailer reported an almost 15 percent decline in profit, but its namesake U.S. business continued to draw in more shoppers.

Indianapolis-based Kite Realty Group Trust today announced it has closed on the $29.4 million sale of its Gateway Shopping Center property in Marysville, Wash.

The Fashion Mall at Keystone is undergoing major renovations, but the closure of part of an access road shouldn't disrupt shoppers much, mall officials say.

The iPhone has been a huge hit for Apple, helping send the company's stock to all-time highs and producing record-breaking profits.

Kevin Croak, co-owner of Harmony Winery in Fishers, has been making wine -- or at least attempting it -- since he was a teenager.

The Fashion Mall at Keystone is undergoing major renovations, but the closure of part of an access road shouldn't disrupt shoppers much, mall officials say.

Eastman Kodak Co. said Thursday that it will stop making digital cameras, pocket video cameras and digital picture frames.

Simon Property Group, the nation's largest mall operator, said Friday a key metric climbed 6 percent in the final quarter of 2011, as higher rents helped revenue and occupancy rates improved.

Between long hours at work, cooking, laundry and rush-hour traffic, how is one to find time to pick up a gallon of milk, that external hard drive and favorite shampoo?

BENTONVILLE, ARK. -- WalMart Stores, the world's biggest retailer, said Friday that it has named Rosalind Brewer, 49, as CEO and president of Sam's Club. She's the first woman and first African-American to hold a CEO position at one of the company's business units.

Bargain retailer Dollar General Corp. is trying to get alcoholic beverage licenses to sell beer and wine in 30 stores in Indianapolis, a move that is drawing complaints from neighborhood groups all over the city.

The nation's largest retail trade group expects a solid 3.4 percent increase in sales this year, below last year's 4.7 percent increase as job woes weigh on shoppers.

NEW YORK -- Target is teaming up with specialty shops to offer limited-edition merchandise, from dog biscuits to platform shoes, as it attempts to further distinguish itself from rivals.

Indy retailers aim to please Super Bowl fans who can afford the best

Indy retailers aim to please Super Bowl fans who can afford the best

Sears Holdings Corp. announced today on its website that a Kmart in Portage will be among 100 to 120 retail stores it will close.

A surge in buying in the two weeks before Christmas, coupled with a record-breaking Black Friday, gave retailers a solid season. The doldrums between the buying binges show how shoppers have learned to wait for the discounts they know will come.

Jeff Mast heard about this business idea, and he jumped on it. Sky Zone, an indoor trampoline park, opened in Fishers this month boasting a three-dimensional, wall-to-wall playing field with dodge ball courts, a foam pit, a basketball slam court and more.

After a disastrous holiday shopping season, the parent company of Sears and Kmart will close as many as 120 stores to raise cash.