Roundup: Cutco, Marshalls, Performance Bicycle, Sensu
Cutco is opening its first local store, Marshalls is replacing an off-price brother, Performance Bicycle plans a new store in Greenwood, and more.
Cory Schouten
Articles
Toning-shoe trend fading, but doesn’t trip up Finish Line
The toning trend in athletic shoes apparently has run its course. Sales of the oddly shaped shoes fell more than 45 percent in the fourth quarter for The Finish Line Inc., but the local retailer still posted improved profit and revenue.
Circle Centre finally lands major fourth-floor tenant
Circle Centre mall is on the verge of landing a major new tenant for its struggling fourth floor.
Retail chain Family Leisure finding new identity
Recreational product superstore Family Leisure changed its name from Watson’s two years ago, but it could take years before the company led by Kevin Prefontaine builds the kind of brand equity tied up in the old name.
Noble Roman’s expands grocery offerings to boost bottom line
The Indianapolis company, founded in 1972, started as a chain of sit-down family restaurants but continues to find new outlets for its products.
Lawsuit puts Calle 52 in park
Plans are on hold for a new Latin restaurant at 52nd Street and College Avenue after a fellow restaurant owner sued to overturn city approval of a parking variance.
Granite City, Au Bon Pain join Indianapolis airport offerings
Granite City Food & Brewery and Au Bon Pain are slated to replace a former TGI Friday's restaurant at the Indianapolis International Airport.
Indiana executives pare stock holdings
Executives and directors at several Indiana public companies took advantage of market strength in February to pare back their stock holdings, narrowly missing a pullback sparked by turmoil in Libya.
Hoosier executive joins effort to take Playboy private
Scott N. Flanders, who took over as CEO of Chicago-based Playboy Enterprises Inc. in July 2009, will pick up a 3-percent ownership stake if 84-year-old Playboy founder Hugh Hefner closes on a pending deal to take the company private.
Deal to redevelop Bank One garage full of twists, turns
The city of Indianapolis is finally poised to close, after three years of twists, a complex redevelopment deal on the 1,600-space former Bank One parking garage.
Work begins on mixed-use Trail Side on Mass Ave
Construction began this week on Trail Side on Mass Ave, a four-story apartment and retail project by Riley Area Development Corp and Monument Realty.
Judge tosses Noble Roman’s franchisee claims
Noble Roman's Inc. has won a pivotal courtroom victory in a battle with 14 former franchisees of its dual-branded Noble Roman’s Pizza and Tuscano’s Italian Style Subs restaurants.
The case for eminent domain: Exhibit A
When the scaffolding went up at 42 E. Washington St., so did the hopes of many of its neighbors.
Lilly’s master plan for downtown (real estate)
As Eli Lilly and Co. outsources work and sheds unnecessary properties, it is making moves with surplus real estate that could establish the strongest physical connection between Lilly and downtown since the company was founded at Pearl and Meridian streets 135 years ago.
Borders bankruptcy claims downtown bookstore
It seemed inevitable but now it's official: Borders plans to close the downtown Indianapolis store as part of a Chapter 11 bankruptcy reorganization.
Appeals court agrees to hear challenge in Simon case
The Indiana Court of Appeals has agreed to hear an appeal from the widow of the late Melvin Simon, putting on hold a legal dispute over the mall magnate's more than $2 billion estate.
Indy Partnership may reduce role in job recruitment
A merger among local economic development organizations could further diminish the role Indy Partnership plays in recruiting jobs to the city and region.
Booster groups Indy Partnership, Develop Indy to merge
Local economic development groups Indy Partnership and Develop Indy plan to combine operations to save money and more effectively pitch the city and region to potential job creators.
Glick partners on $30M downtown apartment development
The lead developer on a long-delayed proposal to redevelop the former Bank One Operations Center has landed a powerhouse partner: apartment developer Gene B. Glick Co.
Developer plans $24M second phase for Cosmopolitan
The developer Flaherty & Collins is finalizing plans for a second phase of Cosmopolitan on the Canal that calls for 162 more apartments and 180 parking spaces at a cost of about $24 million.