Articles

Holiday sales on pace for biggest gain since 2005

Shoppers abandoned their early reluctance and pushed U.S. holiday sales to the biggest increase in more than a decade, a research firm said Tuesday. Online sales grew an estimated 15 percent as Amazon Inc. had its best season yet.

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GM stamping plant site going back on block

The owner of the former General Motors stamping plant property plans to solicit bids for the site as early as next month and is expecting proposals to be much bolder than previous pitches.

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2016 NEWSMAKER: Mike Cunningham, serial restaurateur

Cunningham in the past seven years has opened Mesh, Bru Burger and Union 50 on Massachusetts Avenue. He launched Vida—where Amici’s Italian Restaurant once stood—in February, and followed up with The Livery on College Avenue in November.

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Talbott Street

Are the gay bars in Indianapolis headed for extinction? 

Since 2015 at least five gay bars have closed in the city, about half the total. Among the casualties: the venerable Varsity, dating back to the 1940s. Talbott Street, long-known for its drag shows, also closed, as did the 501 Eagle, a bar favored by leather enthusiasts since 1986.

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Short-term leases help small firms grow

Certain companies don’t like committing to the usual five-year-or-longer leases, because they’re not comfortable predicting how much space they’ll need that far in the future.

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