Nordstrom, which opened with the mall in 1995, left a gaping 210,000-square-foot hole in Circle Centre mall. It is a particularly tough space to fill since department stores have seen their market share decline more than half in 20 years and need less space.
The Indianapolis Colts won their first game of the 2011 season on Dec. 18—nearly an entire year after they racked up their last victory.
The administration of Mayor Greg Ballard found its stride in the final year of its first four-year term, at least when it comes to major publicly supported real estate projects.
Simon Property Group Inc. signed an employment agreement with CEO David Simon that will keep him as head of the Indianapolis-based company the next eight years.
Jasper-based Kimball International Inc operates two divisions—electronic manufacturing services and furniture manufacturing.
A contentious battle for Indianapolis mayor culminated in a second term for Republican Mayor Greg Ballard, who won the race with 51 percent of the vote. His Democratic challenger, Melina Kennedy, garnered 47 percent.
The Mind Trust’s provocative new report on the future of Indianapolis Public Schools is sure to lead to a vigorous debate over how the district should operate, including whom the public should hold accountable for its performance—the publicly elected board that controls it now or the mayor of Indianapolis.
For the three-week period ended Dec. 18, the Indianapolis-based athletic apparel retailer said sales in stores open at least a year increased 7 percent from the same time last year. For the entire quarter, company profit increased 35 percent, to $5.5 million.
Huntingburg-based Farbest Foods Inc. said it will invest $69 million to build a 220,000-square-foot facility.
Kexue Huang was sentenced after pleading guilty in October to sending Dow AgroSciences trade secrets to China and Germany.
Buyer Rick Coombes also owns the building at 111 S. Meridian St., the former home of Brenner Luggage, located just north of where the religious store operated for decades.
Cracker Barrel shareholders appear to have rejected Sardar Biglari’s move to join the restaurant chain’s board, but stopped short of passing a “poison pill” plan that would deter outside investors from taking over the business.
The Indiana Economic Development Corp. announced Tuesday morning that Jacob Schpok officially has been named director of the agency. He was appointed interim director earlier in the month.
The state’s unemployment rate held steady in November at a seasonally adjusted 9 percent, slightly higher than the overall U.S. rate that dropped to 8.6 percent, the state’s Department of Workforce Development said Tuesday morning.
Indianapolis is moving to revoke the license of a prominent local towing company that officials say has violated local ordinances and elicited more than two dozen consumer complaints.
The Pacers have not announced a name change, but have a special announcement scheduled for Thursday.
Indianapolis Airport Authority Board President Michael Stayton is resigning despite having two years left on his contract, saying that he wants to spend more time with his family.
The order from a Hamilton County magistrate says an investor can collect $71,423.66, including interest, from Durham’s National Lampoon Inc. salary.
