Dinosaur Bar-B-Que’s design falls flat with historic preservation board
The restaurant chain wants to open in part of the former Nordstrom space downtown, but proposed designs have struck out with the Indianapolis Historic Preservation Commission.
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Staples agrees to buy Office Depot for about $6.3 billion
Staples Inc. plans to acquire Office Depot Inc. in a deal that will reduce the U.S. office-supply industry to a single major chain and test the limits of antitrust regulators.
Depression-era downtown parking garage closed for renovations
The new owner of the garage on East Market Street is investing $2 million to refurbish the facility in hopes of reopening it in June.
Largest Domino’s franchisee buying nearly 40 area stores
A franchisee that started with three Domino's stores in South Mississippi 34 years ago is buying 45 stores in Indiana from Bob Taylor, who owns more than 70 stores in the Hoosier state.
High-profile parcel along North Meridian corridor hits market
The last five acres of a seven-acre site where Tutwiler Automotive long operated is for sale with an asking price of $1 million per acre.
Amazon, Sprint eye stores that RadioShack might exit
On the edge of bankruptcy, RadioShack is moving toward a deal to sell a large portion of its 4,000-plus U.S. stores and close the rest, sources said.
Simon posts strong quarterly, annual earnings
Quarterly profit grew to $405 million, as occupancy in Simon Property Group’s retail properties increased to 97.1 percent, a company record for year-end occupancy.
PulteGroup amasses 270 acres in Plainfield to build homes
PulteGroup is embarking on a large residential development in Plainfield that provides one of the clearest signals yet that the local housing market is on the mend.
Colts pick Lids in new merchandise management deal
Lids replaces Indianapolis-based MainGate Inc., which has been with the team since it moved into Lucas Oil Stadium. The Colts store at Circle Centre mall has closed, but at least one new store is in the works.
HHGregg quarterly results fall short of expectations
The Indianapolis-based appliance, electronics and furniture retailer suffered through a tough end-of-the-year quarter that couldn’t be rescued by holiday shoppers.
2015 Forty Under 40: Justin Moffett
Justin Moffett, 35, partner in Old Town Design Group, has found strong demand for his company's craftsman-style homes.
2015 Forty Under 40: Traci Kapsalis
Traci Kapsalis, 39, vice president of leasing and development at Duke Realty Corp., manages a portfolio of 3 million square feet.
2015 Forty Under 40: Micah Hill
Micah Hill, 38, is director of for-sale marketing at Milhaus Development, and has added the role of builders association president.
Roundup: Broken Beaker coming to Mass Ave, Rural King to Greenwood
A distillery is set to take the space formerly occupied by Bikes on Mass Ave, which plans to reopen nearby with a concept hawking beer and coffee. Plus: Mooyah burgers in Noblesville, go-karting in Fishers, and a craft brewery in Carmel.
McDonald’s CEO, an Indy native, steps down as sales decline
McDonald's CEO Don Thompson is stepping down as the world's biggest hamburger chain fights to hold onto customers and transform its image.
Duke Realty sells 62 office buildings for $1.12 billion
Indianapolis-based Duke announced the massive sale Wednesday at the same time it released a quarterly financial report that mostly met analyst expectations
2015 Forty Under 40: Michael Grimes
Michael Grimes, 37, vice president of omni-channel marketing for Finish Line Inc., is the athletic-shoe powerhouse’s key integrator of store and online experiences for customers.
2015 Forty Under 40: Adlai Chester
Adlai Chester, 34, chief financial officer of Mainstreet, juggles finances for more than $1 billion in post-acute health care properties.
Developer updates plans for Broad Ripple apartment project
Browning Investments has dubbed its apartment-and-retail development to be built along the Central Canal as The Coil. Its 150 units are more than originally envisioned.
Office, industrial markets heated up in 2014
Both markets posted strong results as demand for space improved following the recession. Downtown office demand remained weak, however.