More Sears, Kmart stores set for closure in Indiana
Sears Holdings Corp. announced plans Friday to close 43 more stores, including three Sears department stores and one Kmart store in Indiana.
IBJ Staff
Articles
Roundabout project unearths historic artifact
Cut line goes here xxxxxx. (Photo credit xxxx) A historic artifact likely dating to native American settlements in Hamilton County has been found at the site of a Carmel roundabout project, city officials said July 3. An employee of the city found the object—identified as a banner stone—on June 29 near the project site at […]
EDITORIAL: Time to revisit sales tax issue
The sales tax is a long-established way for state governments to pay for the services their constituents demand—and it’s ridiculous to allow some retailers to skip it.
Local environmental firm acquired by two private-equity firms
An Indianapolis-based environmental engineering firm that moved into a new downtown headquarters last year has been acquired by Chicago-based Woodlawn Partners LLC and Detroit-based Peninsula Capital Partners LLC.
Influential lawmaker Kenley retiring from Indiana Senate
As chairman of the Senate Appropriations Committee since 2009, Luke Kenley, 72, has been one of the state’s most powerful legislators and key budget writers.
Downtown Colts-themed restaurant abruptly closes
The eatery at 110 W. Washington St. opened in 2011 and was operated by a Florida-based food-service veteran.
EDITORIAL: School closings hurt neighborhoods
With the district projecting its high schools will be at only 37 percent capacity in the coming school year, it’s hard to argue IPS should keep all its schools open.
Debt-collection exec sentenced to more than 4 years in prison
Todd Wolfe, who was indicted on federal fraud charges in 2015 following the collapse of Fishers collection agency Deca Financial Services LLC, must make restitution of more than $5 million to his victims.
St. Louis-based barbecue joint to open downtown Indy location
A barbecue chain with six existing restaurants is set to take the downtown space last occupied by a Penn Station East Coast Subs. The restaurant, its first outside of Missouri, should open this fall.
IUPUI leaving Summit to compete in Horizon League
The Jaguars have participated in the Summit League ever since they made the jump in 1998 from the NCAA Division II level to Division I.
Cheapest fuel since 2005 to bring U.S. drivers `Christmas in July’
American drivers are preparing to hit the road this Fourth of July as seasonal gas prices plunge to their lowest in 12 years.
Existing home sales in area slide as inventory shrinks, prices rise
Existing-home sales in central Indiana fell 3 percent in May, marking only the second monthly decline in the past 19 months.
IBJ wins national honors for vaping, Salesforce, Carrier coverage
IBJ reporters and editors won national gold and silver honors Saturday from the Alliance of Area Business Publishers for coverage in 2016.
Land trust closes majority of deal to preserve property along White River
The Central Indiana Land Trust says it has raised $2.2 million of the $2.7 million it needs to establish White River Bluffs and preserve 12.2 wooded acres along the White River in Indianapolis.
Brown County officials announce plan for $10M concert venue
The county-owned Maple Leaf Performing Arts Center, planned near Nashville, is expected to host concerts in multiple music genres, according to hospitality officials.
Fishers tax business owner sentenced to four years in prison
A Fishers business owner who pleaded guilty to instructing his employees to prepare more than 2,300 false tax returns must make $1.5 million in restitution.
Residential Real Estate: Marketplace for June 26, 2017
The number of active listings in the metro area has inched up—but not nearly enough to eliminate the seller’s market that now exists.