Two more tenants depart Circle Centre
Sunglass Hut and GameStop have closed their Circle Centre stores. Both retail chains still have numerous other Indianapolis-area stores.
Castleton Square
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One dead, one wounded in shooting outside Castleton Square
The shooting occurred just before 8 p.m. outside the state’s largest shopping center, the Indianapolis Metropolitan Police Department said.
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Korean barbecue restaurant leaving Fishers Test Kitchen for new location in Castleton
Korave Korean BBQ, which opened at the restaurant accelerator in 2019, plans to exit the nest in September. The brothers who own the restaurant are also eyeing spots for another Indy-area location.
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Redevelopment report has grand vision for car-centric Castleton
The city of Indianapolis could spend nearly $93.5 million over several years on Castleton’s infrastructure, as part of a broad vision to remake the corridor with better connectivity and walkability.
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Articles
Krispy Kreme files plans for Indy doughnut store
The North Carolina-based retailer hasn’t had any stores in the Indianapolis market since at least 2011, but it recently filed plans for a store in Castleton.
Scandinavian Designs furniture chain set to enter market
The California-based company has 38 stores in 10 states. Its planned Indianapolis location, at a former Toys “R” Us store near Castleton Square Mall, will be its first in the state.
CBD retailer to open as many as 108 stores in Simon malls
The first store is expected to open in Indianapolis in March at Castleton Square, Simon Property Group and Green Growth Brands announced Monday.
City seeks walkability, better flow in Castleton
Castleton remains central Indiana’s most expansive retail corridor, but does its retail focus—and its car-centric layout—suggest trouble lies ahead?
Sears’ Castleton, Greenwood closings create opportunities, obstacles
One complication is that Sears—not Simon Property Group—controls the Castleton Square space.
Simon to weather, maybe even benefit from Sears’ decline, analysts say
Indianapolis-based Simon Property Group and other mall landlords actually might be looking forward to redeveloping Sears’ massive stores with more promising tenants as the once-mighty retailer enters bankruptcy.
City seeks vendor to develop revitalization plan for Castleton
City development officials said the plan should “respond to emerging challenges confronting the Castleton area, including evolving national shifts in commercial retailing and aging commercial, office and multifamily areas.”
Simon hopes to do ‘transformational redevelopment’ of Sears space at Castleton Square mall
The two-story location is one of 63 Sears that parent Sears Holdings announced Thursday were “non-profitable” and would be closing.
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.
Simon settles suit with Starbucks over closing Teavana stores
The Indianapolis-based mall owner had sued Starbucks, attempting to stop the coffee giant from closing dozens of Teavana locations at its properties.
Judge sides with Simon, bars Starbucks from closing Teavana stores
A Marion Superior Court judge has granted the Indianapolis-based mall giant’s request for a temporary injunction, at least for now preventing Starbucks from closing 77 Teavana stores in its properties nationwide.
Gap to close some signature stores, open more Old Navy, Athleta locations
The company said Wednesday that it wants to shift focus to its growing brands Old Navy and Athleta while jettisoning hundreds of stores under the Gap and Banana Republic flags.
Fragrance retailer with local store files for bankruptcy protection
Fragrance seller Perfumania has filed for bankruptcy protection, and plans to close 65 of its 230 stores as it focuses more on selling online.
Macy’s, Kohl’s renew fears of intractable retail slump
A fresh round of sales declines at Macy’s Inc. and Kohl’s Corp., though less severe than Wall Street had feared, is renewing concerns that the department-store industry can’t pull out of a years-long slump.
Starbucks to close all Teavana stores as sales disappoint
Four of Teavana’s 379 locations—which will all shut down over the coming year—are in Indianapolis-area malls.
Talbots to close its Circle Centre store in latest clothier exit
The purveyor of classic women’s styles isn’t the only fashion retailer planning to close its location in the downtown mall in the next week.
Local Macy’s, Sears stores escape new round of closures
Macy’s on Wednesday announced plans to close 68 of its department stores and eliminate 10,000 jobs. Sears Holdings, meanwhile, is closing 108 Kmart stores and 42 Sears department stores.
Limited stores, including two in Indy, closing nationwide
The longtime clothing retailer shut the doors to its Circle Centre mall location Dec. 24, while the one at Castleton Square Mall is set to close Saturday.
Three Indy-area Wet Seal stores part of mass closings
The Circle Centre and Hamilton Town Center locations of struggling teen clothing retailer Wet Seal are among 338 stores that closed as of Wednesday.