Sears to auction off its Castleton Square mall store to raise funds
The Indianapolis store is among three in Indiana, and 16 total, that Sears plans to sell and lease back to generate cash for pension obligations.
The Indianapolis store is among three in Indiana, and 16 total, that Sears plans to sell and lease back to generate cash for pension obligations.
A second new establishment, Rye Bar, opens at the Marriott Monday. Also: Wings Etc., Bell Helmets, Macy’s, Kate Spade.
The former star Merrill Lynch broker this month threw federal prosecutors for a loop, arguing days before his scheduled sentencing for securities fraud that his offense caused “zero financial loss.”
The new owner also operates Hirosaki, a Japanese restaurant in Avon that opened in 2016.
The number of warehousing and storage jobs in central Indiana has more than doubled since 2001, both in numbers and as a percentage of total local jobs.
After resigning on March 30 amid personnel issues at the high-profile eatery on East 16th Street, chef Braedon Kellner has returned to the kitchen with a stake in the business, according to one of its founders.
The eatery focusing on ramen, rice bowls and banh mi sandwiches will be operated by the same husband-and-wife team that owns General American Donut Co.
Broad Ripple leaders are working to confront a long-standing challenge: what to do about a mostly vacant building whose out-of-state owners have allowed the property to slide downhill for years.
The building, at the northeast corner of 46th Street and College Avenue in the Meridian-Kessler neighborhood, will house three or four businesses, including Scarlet Lane Brewing.
An internal probe found Celadon overstated earnings by as much as $250 million from 2013 to 2016. The local trucking company said it will be delisted from the New York Stock Exchange.
The high-profile eatery owned by veteran restaurateurs Peter George and Thomas Main had abruptly closed on Wednesday and Thursday night with little explanation, while posting a notice that it was hiring servers and salespeople.
Walmart has added four Indianapolis-area stores to its network of sites where customers can pick up their online orders. Also: A new menswear shop is coming to Broad Ripple.
The retailer is bringing its Macy’s Backstage concept to the Indianapolis area, with an opening set for April 14. The concept has been credited with revitalizing sales at dozens of Macy’s locations.
It will be the third location for Fat Dan’s, a Chicago-style deli that also operates downtown and near Broad Ripple. The owner is taking his time with the transition to get to know the Carmel market.
The goal is to showcase—and hopefully fill—some now-vacant downtown retail spaces. Artists and vendors are being recruited, and the pop-up spaces should be active in May.
The Marsh closed in April 2017 as the grocer teetered toward bankruptcy. Meanwhile, Aldi is on a tear with its plans to modernize existing stores and open new ones.
Duke’s Indy plans to open this month in the building that formerly housed the Ice House restaurant, which recently closed after 34 years in business.
The new Musk restaurants include Hedge Row on Mass Ave and Next Door in Meridian-Kessler. Also this week: Aldi stores spruce up, electrical supply stores enter the Indianapolis market, and more.
In many respects, Indianapolis-based Republic Airline Inc. is on surer footing now than when it filed for Chapter 11 bankruptcy protection in February 2016.
A barbecue joint started by an Arizona radio personality from Ohio will make its first venture outside of the Phoenix area when it opens this spring.