Starbucks raises price of a brewed coffee in most U.S. stores
The company, which operates more than 28,000 stores in 77 countries, said inflation in product and operating costs prompted the increase.
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After decades-long wait, downtown site snags large project
Boston-based Charles Street Investment Partners LLC has filed plans with the city to construct a $15 million, seven-story apartment-and-retail project at Pennsylvania and Vermont streets.
Little League to consider other locations for Central Region headquarters
Little League International said it might consider sites outside of Zionsville for its new regional headquarters following public criticism of a real estate project associated with the high-profile development. Seventy communities had sought the headquarters before Zionsville was chosen.
St. Vincent pulls plans to rezone land at Spring Mill and 96th Street
The Indianapolis-based health system said it will continue to study possibilities for the land after neighbors objected to plans calling for nine buildings and four parking garages that carried an estimated price tag of $1 billion.
Designer Kate Spade found dead in apartment
Her former company, Kate Spade New York, has over 140 retail shops and outlet stores across the United States and more than 175 shops internationally.
Canal park finally gets go-ahead after Colts close fundraising gap
Construction is set to start this month on the long-awaited playground along downtown’s Central Canal after a needed boost from the Indianapolis Colts Foundation.
Big quarterly loss by Lids sends Genesco’s stock reeling
Zionsville-based Lids Sports Group, which operates more than 1,100 stores, saw sales decline nearly 11 percent in the latest quarter. Genesco is seeking a buyer for the unit.
Dual-branded Hyatt hotel planned for The Yard at Fishers
Plans for the six-story hotel in the expansive, $110 million Yard project will be reviewed Tuesday by city officials.
Onyx+East ventures out of Indy area with $15M Tampa project
The condominium developer, which spun out of Indianapolis-based Milhaus two years ago, also has expanded its reach with a $12.5 million project in the Village of West Clay.
Northwest-side apartment portfolio fetches $64 million
An Atlanta-based real estate company has purchased four Indianapolis apartment communities and plans to spend $27 million to renovate them.
Athenaeum president to leave post at 124-year-old landmark, travel globe
After 11 years in charge of preserving and reinvigorating the landmark of local German culture, Cassie Stockcamp plans to decamp for Africa, South America and Southeast Asia.
Developer planning hotel, restaurant, offices in Westfield
The nine-acre Landing at Monon Marketplace project is expected to include a multistory hotel, office buildings and a new location for an Indiana-based restaurant chain.
U.S. construction surges to record high as home building heats up
The increase stemmed from a sizable 4.5 percent rise in residential construction, the biggest percentage gain since November 1993.
ClusterTruck food-delivery service expanding HQ, planning to add 125 jobs
The Indianapolis-based founded by tech luminary Chris Baggott recently agreed to take the entire seventh floor of the J.F. Wild Building on Market Street.
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 Holdings to close Castleton Square mall store
The Castleton Square store is among three in Indiana that the struggling retailer included on its latest closure list.
Walmart offers employees new perk: cheap access to college
America's largest private employer hopes the new benefit will help it recruit and retain higher quality entry-level employees in a tight U.S. labor market.
Existing-home sales rise in Indianapolis area amid shrinking inventories
The market rebounded from an off-month in March, when sales dropped 7.5 percent on a year-over-year basis—the first decline in seven months.
Starbucks closes stores, asks workers to talk about race
Tuesday’s training sessions were personal, asking workers to break into small groups to talk about their experiences with race.
De Beers planning historic shift in diamond retail market
The company announced Tuesday that it will start selling man-made diamond jewelry at a fraction of the price of mined gems, marking a major strategy change for the world’s biggest diamond miner.