Luxury retailer Louis Vuitton to open first Indianapolis store
Louis Vuitton is ranked as the world’s most valuable luxury brand, with a value of $47.2 billion, topping Chanel, Hermes, Gucci, Rolex and others.
Susan Orr
Articles
Westgate car dealership to be sold to Hoosier dealer group
The Plainfield business is bucking the trend of local dealerships getting scooped up by large national conglomerates.
16 Tech announces names for innovation hub, artisan marketplace
The innovation hub, expected to open early next year, is part of a $500 million, 50-acre campus along Indiana Avenue. The hub’s new name is a nod to the site’s history as the former Citizens Water headquarters.
Cummins exceeds expectations despite historic drop in quarterly revenue
Cummins said it expects sales to improve in the third quarter, although the pandemic continues to create considerable uncertainty.
Three new businesses transform Irvington building
The former Indiana Farm Bureau Insurance office now houses a coworking space, events center and bar. Also this week: Green District Salads, Old Pro’s Table, BounceU and Della Leva Espresso Bar.
Kite Realty sues Oceanaire, Mattress Firm over rent disputes
In both of the suits, Indianapolis-based Kite claims that the retail tenants are in default on their leases because they didn’t pay rent in April, May or June.
David’s Tea closes Fashion Mall store, exits U.S. market
The struggling Canada-based retail chain is closing all 42 of its stores in the United States as it restructures its finances.
Subaru pressing ahead with plans for $158M expansion in Lafayette
The automaker, which announced its expansion plans just weeks before COVID-19 began disrupting the economy, says the project won’t be affected by the pandemic.
Indiana-based banks didn’t cede PPP loans to big rivals
Of the 20 banks issuing the most PPP loans to Indiana borrowers, 11 were headquartered in the state—many of which went to extraordinary lengths to extend as many loans as they could.
Chef and restaurateur Hardesty scaling back schedule after leukemia diagnosis
Hardesty, 51, said operations at his culinary business, Studio C, will be scaled back while he undergoes treatment over the next several months.
Barnes & Noble uses COVID-19 shutdown to refresh stores
It’s part of a chain-wide move to give store managers more autonomy. Also this week: Apocalypse Burger, Enterprise Car Sales, and America’s Best Contacts & Eyeglasses.
Entrepreneurs launch local delivery service aimed at small retailers
The owners of Moonshot Games are launching a delivery service they say can help local independent retailers compete with Amazon.com and the big-box stores.
IndyGo bypasses former Harrison College site in search for more space
The transit agency is now considering a site on Post Road that is much larger than the former Harrison College site downtown and potentially much less expensive.
Speakeasy-style whiskey bar coming to Mass Ave
The historic Hammond Block building will be the second location for the bar that started in South Bend. Also this week: Fresh Thyme, The Empty Vase, Forever Gallery, Lily & Sparrow, Kits & Kaboodle and more.
Judge denies request from former stockbroker Buck for release from prison
In prison in Terre Haute for securities fraud, Thomas Buck argued that his age and health issues put him at risk of complications from COVID-19.
I-70 to be testing ground for driverless trucks
It might be many years before fully autonomous vehicles are a common sight on public highways—but transportation officials in Indiana and Ohio are laying the groundwork now for that day.
ROUNDUP: JP Parker Flowers vacates Indy store, adds retail truck
The interruption in downtown convention business caused the closure. Also this week: Studio C, Tandoor & Tikka, Peppy Grill, The Fudge Kettle, 21st Amendment Wine & Spirits.
New campaign aims to raise awareness, support for local Black businesses
The campaign, which launches Wednesday, has two goals: Supporting local Black-owned businesses and helping other companies do a better job of supporting the Black community.
Money still available for PPP loans, but deadline looms
Indiana lenders had secured a total of $9.5 billion in Paycheck Protection Program loans for their borrowers as of Saturday, according to the Small Business Administration.
Dollar General to bring new urban-concept DGX store to Mass Ave
DGX represents a new direction for Dollar General, which has traditionally focused on small-town and rural locations. Also this week: Quaff ON!, Bru Burger, Jiffy Lube, Tire Discounters, 16 Bit Bar + Arcade.