Roundup: Hibachi bar opens in Broad Ripple; Primanti launching at Circle Centre
Three restaurant openings in Broad Ripple and several retail and restaurant openings and closings in Indianapolis and Hamilton County highlight the latest roundup.
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Brownsburg attracts $4.8M office project as part of bigger plans for downtown
The suites-style facility slated for Arbuckle Park is part of the town’s effort to create an identity for downtown through new spaces for living, working and playing.
Retailer Cabela’s agrees to $5.5 billion buyout by Bass Pro
The offer of $65.50 a share in cash represents a 19 percent premium to Cabela’s most recent closing price, the companies said Monday in a written statement.
Indianapolis man sues Chipotle, others over sign collapse
The plaintiff says he suffered a concussion at a north-side Chipotle restaurant in April when a brick sign crumbled in high winds and totaled his car.
Downtown breakfast-and-lunch spot City Cafe closes
City Cafe, which began operating on North Pennsylvania Street about 15 years ago, has closed due to an owner’s ongoing health problem.
Downtown intersection transforming into residential hub
A Bloomington developer is proposing to build a small apartment project at the southeast corner of Market and East streets, adding to the rapid pace of residential growth in the area.
Sears, Claire’s at high risk of retail failures, Fitch says
Sears Holdings Corp. and Claire’s Stores Inc. are among seven chains at high risk of defaulting within a year as shoppers shift to online merchants and spend more on experiences, according to a Fitch Ratings study.
Construction companies chosen for Ikea’s Fishers store
Swedish retail giant Ikea has hired a slew of contractors to build its Fishers store and is on schedule for a fall 2017 opening, it announced Wednesday.
Shapiro’s plans brand expansion into Cincinnati market
The restaurant in Blue Ash, northeast of Cincinnati, is expected to open next spring.
VA to unveil design of controversial cemetery project
The U.S. Department of Veterans Affairs plans to reveal renderings on Thursday for a national cemetery on the city’s north side that has spurred opposition from environmental groups.
Fresh To Order plans 10 restaurants in Indy under franchise deal
The “fast fine” menu features soups, salads, sandwiches and dinner items, including Coconut Curry Salmon, Calamari and Chicken Wild Mushroom.
Finish Line realizing benefits of closing stores
Finish Line's experience highlights the important, but difficult, path forward for retail chains that had become addicted to new stores as the only way to fuel sales.
Central Indiana existing-home sales jump 8.5 percent
Existing-home sales in the 13-county area shot up in August despite a continuing decline in housing inventory.
Three massive industrial projects on tap for Plainfield
The buildings will add 1.8 million square feet to the town’s already robust distribution market and will be built on a speculative basis, indicating healthy demand for such space.
Square Donuts to close downtown, open shop in Greenwood
It’s a zero-sum game for the Terre Haute-based chain, which operates four donut shops in the Indianapolis area.
Chuck Taylor sequel flops, dealing blow to Nike’s Converse brand
With a lot of fanfare last July, Converse released a more expensive version of the classic Chuck Taylor, the iconic brand designed by the former basketball player and salesman from Indiana. But fans still prefer the older model.
Strategic Capital Partners makes major move
Two former top executives of Duke Realty Corp. are parlaying their experience at the publicly traded developer to take their real estate firm to new heights.
City picks design firm to lead City-County Building Plaza project
Indianapolis-based Rundell Ernstberger Associates has been chosen to lead the redesign efforts of the City-County Building Plaza along East Washington Street, the city announced Friday.
Finish Line’s supply chain woes under control, CEO says
Sales and profit for the apparel seller’s most recent quarter either met or exceeding Wall Street’s expectations. It’s now embarking on a plan for responding to clothing trends more quickly.
The Interview Issue: Kate Bova Drury
Kate Bova Drury started out as a boutique owner in Broad Ripple before making the change to baking. Now, she’s got five cupcake bakeries, one location for doughnuts and one combo store.