Target CEO reshapes his leadership team in first big move since taking over
Target has struggled to find its footing as many Americans have cut back on spending.
Retail
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Popular tea and coffee destinations invigorate Kennedy-King neighborhood
New businesses The Alchemist, Recess and Flora & Flame have generated a buzz.
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Whiskey company to open tasting room along East 46th Street
Circle City Whiskey Co. plans to open a tasting room in March near the intersection of East 46th Street and the Nickel Plate Trail.
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Mayor: New luxury hotel to be built near Fishers Event Center
Fishers Mayor Scott Fadness, during his annual State of the City speech, said the hotel project will occupy the site that previously had been earmarked for Chicken N Pickle.
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UPDATE: Just Pop In! owners to close Broad Ripple location to focus on popcorn production
Just Pop In! owners Carly Swift and Mandy Selke opened their 5,000-square-foot Broad Ripple location in 2018.
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Articles
Retail sales unchanged in December from November, closing out year on a lackluster tone
The report, issued by the Commerce Department on Tuesday, surprised economists who were looking for growth despite concerns about slowing job growth and other economic headwinds.
Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy
The company — which has five stores in Indiana — noted that it will conduct a court-supervised sales process, and if a sale can’t be executed, it will begin a wind-down of its U.S. and Canadian operations.
Pizza Hut closing 250 stores as parent considers selling brand
Louisville-based Yum Brands said in November it was conducting a formal review of options for Pizza Hut, which has struggled with outdated stores and growing competition.
Walmart joins $1T club as tech, frugal shoppers fuel gains
Recent investments in artificial intelligence have helped supercharge the stock’s advance.
Retail developer, philanthropist Sidney Eskenazi dies at 95
Eskenazi built one of the largest private retail development firms in the nation and became one of central Indiana’s most generous philanthropists.
Starbucks sees room to expand with hundreds of new stores, increased seating
Its plans include smaller-format stores that are 20% cheaper to build but still offer comfortable seating, drive-thru service and mobile order pickup capacity, it said.
Indianapolis-based tech firm Malomo acquired
Malomo was founded by serial entrepreneurs Yaw Aning, 2021 winner of Mira’s Rising Entrepreneur Award, and the late Anthony Smith.
Q&A: Love of adventure fuels Brittany Smith both on and off the job
As the senior director of community engagement at Yelp Inc., a website that helps users connect with local businesses, Smith oversees activities in the 100 or so U.S. and Canadian cities where Yelp has a presence.
Fishers chef putting plan into action for former Test Kitchen space
Kelsey Murphy, whose culinary career launched after her 2021 victory as a contestant on Fox’s “MasterChef,” opened Clutch Kitchen this month at The Yard at Fishers District in the former Fishers Test Kitchen space.
Homefield Apparel continues growth, sees revenue rise alongside IU football success
This weekend, the Homefield team is heading south to Miami to host three events to celebrate Indiana University’s appearance in the College Football Playoffs National Championship.
Retail sales rose a better-than-expected 0.6% in November as the holiday season kicked into gear
The retail sales figures, which are not adjusted for inflation, showed that in most cases shoppers focused on gifts and pulled away from other areas.
Indianapolis startup Ahimsa growing on the national stage
Founder Dr. Manasa Mantravadi said they’re not stopping with online sales. The Indianapolis pediatrician said the next goal for the company is to have her products in physical stores.
Luxury retailer Saks Global files for bankruptcy as it prepares to restructure
Saks Fifth Avenue closed its store at The Fashion Mall at Keystone in April 2024, but it operates The Fifth Avenue Club at Ironworks Hotel Indy at 2721 E. 86th St.
All Value City Furniture stores will close as part of parent company’s liquidation
The furniture company has three locations in central Indiana and three in other parts of the state.
Restaurant designer puts stamp in Carmel with upscale Japanese eatery
In November, Kimmie Chang opened Okonori Japanese High Kitchen in The Corner, a new mixed-use development by Indianapolis-based Kite Realty Group at the intersection of East 116th Street and Rangeline Road.
Cunningham plans two-story restaurant concept in Fishers District
Developer Thompson Thrift announced several new leases for restaurants in The Union at Fishers District on Tuesday.
Single eatery replaces Fishers Test Kitchen restaurant accelerator
Clutch Kitchen, a restaurant founded by Indiana University alum and “MasterChef” competition winner Kelsey Murphy, has taken over the spot previously filled by three counter-service concept eateries.
Landmark restaurant Milktooth to change name, menu concept
The Fletcher Place brunch spot that helped Indianapolis build a reputation as a culinary destination is planning significant changes for 2026.
Christmas is over, but retailers will remain busy—with returns
The month after Christmas has been dubbed “Returnuary” for good reason. The National Retail Federation estimates 17% of holiday purchases will be sent back this year.