Whitestown exit along I-65 explodes with retailers, fast food
The commercial openings are part of the $1 billion Anson development, led by Indianapolis-based Duke Realty Corp.
Franchises
Articles
Closure puts future of Tim Hortons in Indianapolis area in doubt
The Canada-based coffee and doughnut chain had plans for at least five Indianapolis-area locations, but it already plans to shut down the first one after only a few months in operation.
Pancheros Mexican Grill to enter Indy market with multiple stores
The Iowa-based chain of fast-casual Mexican restaurants has more than 70 stores in 14 states.
Restaurant chain Steak n Shake posts third straight quarterly loss
The Indianapolis-based restaurant chain saw declining customer traffic and sales in the first quarter.
Tropical Smoothie Cafe targets Indianapolis for eight eateries
The smoothie and restaurant chain plans to open two stores in Hamilton County in 2019. The franchisee is targeting Carmel and Fishers.
Subway plans 500 more U.S. store closings amid fierce competition
After peppering the nation with thousands of locations, closely held Subway is retrenching in the United States while adding more stores in international markets.
World of Beer bar/restaurant set to open on Mass Ave
The establishment, located in the space formerly occupied by Mass Ave Toys, occupies 7,500 square feet over two levels—a bar and full-service restaurant on the main floor, and a second bar in the basement.
Franchisee sues Steak n Shake over pricing policy after losing money at 9 restaurants
A franchisee has filed suit against Indianapolis-based Steak n Shake in an effort to raise its menu prices because it says all of its restaurants are losing money.
Tinker Street chef to usher in restaurant’s return as a co-owner
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.
Papa John’s to end NFL deal as new CEO confronts sluggish sales
The NFL partnership has been strained since Papa John’s founder John Schnatter slammed the league in November, saying that declining ratings had hurt sales. He also said that Commissioner Roger Goodell mishandled the national anthem controversy.
Prices for wings come back down to earth
Intense demand for chicken wings from a growing roster of retailers drove up prices last year. Restaurateurs like Buffalo Wild Wings are relieved that supply has normalized again, just in time for the Super Bowl.
Dry cleaner with unusual pricing model coming to Indy
A franchisee has agreed to open five locations in the metropolitan area, with the first expected to begin operating in August, in the former Fox & Hound space on the city’s northeast side.
Arby’s owner agrees to acquire Buffalo Wild Wings for $2.4 billion
Roark Capital is likely to focus first on improving Buffalo Wild Wings’ food and operations, which should be easy fixes for a firm that experienced in the restaurant industry, an analyst said.
Pizza restaurant in Carmel closing; owners blame traffic woes
The owners of a 16-year-old pizza and sandwich eatery in Carmel say the massive U.S. 31 reconstruction project “gutted” their business, leaving them with no choice but to close.
Steak n Shake suffers first quarterly loss since last decade
Third-quarter revenue and customer traffic also declined for the Indianapolis-based restaurant chain.
Noble Roman’s new tack: a back-to-future strategy
If Noble Roman’s Craft Pizza & Pub takes off, the company might franchise dozens of restaurants across the state.
Amazon wastes little time slashing prices at Whole Foods
The internet juggernaut spent its first day as the owner of a brick-and-mortar grocery chain cutting prices at Whole Foods Market as much as 43 percent.
Indy-area Applebee’s owner says local locations aren’t closing
Apple American Group, which owns about 20 Applebee’s franchises in the Indianapolis area, said its restaurants won’t be among those being shut down by DineEquity Inc.
Dunkin’ Donuts considering name overhaul
Dunkin' Donuts said it won't make a decision on whether it will change its name until late next year, when it expects to start redesigning stores.
Fieldhouse snags deli chain for former Dunkin Donuts space downtown
A spokeswoman for the Texas-based chain says a franchisee is set to open later this year in Bankers Life Fieldhouse.