Design firms buy building on East Market Street
The one-story structure will serve as a studio and headquarters for Axis Architecture + Interiors and Rundell Ernstberger Associates LLC.
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Pendleton Pike Kmart, Anderson Sears on closing list
Sears Holding Co. said Thursday it will close a Kmart store on Pendleton Pike in Indianapolis and a Sears department store in Anderson as part of a round of closures.
Sears closings shouldn’t be big problem for Simon
Simon Property Group has more shopping malls with Sears as a tenant than any other landlord, but any closings are likely have a negligible effect on the Indianapolis-based real estate company's overall earnings, an analyst says.
Indiana construction biz acquired by Swedish firm
Stockholm-based Skanska AB, the Nordic region’s biggest builder, has purchased Industrial Contractors Inc. for $135 million, boosting its U.S. presence with its first acquisition in the United States in a decade.
LEADING QUESTIONS: Expanded Kahn’s banks on holidays
How much bubbly does Kahn's Fine Wines & Spirits sell at year's end? How have operations changed with the addition of two new stores? Owner Jim Arnold has answers.
Bargain hunters divided holiday shopping season
The holiday shopping season turned out to be two seasons: the Black Friday binge and a last-minute surge before Christmas. Together, they added up to decent sales gains for most retailers.
Downtown restaurants planning for crowds
Pretty much every eatery in town will be packed from Jan. 27 to Feb. 5. However, with luck, a little savvy and some expert advice, it’s still possible to find a short-notice, sit-down meal.
Retailers to offer football fans unusual merchandise
It’s common for retailers in Super Bowl host cities to bring in a special cache of goods not usually sold in the market.
Fatal shooting creates human resources issue for Kroger
Kroger officials are reviewing the actions of a manager who fatally shot a would-be robber inside a grocery store while it was busy with customers.
Up to 120 Sears, Kmart stores set for closure
Between 100 and 120 Sears and Kmart stores will be closed, the retailer said Tuesday, after terrible holiday sales during what is the most crucial time of the year for retailers.
Police called to control rowdy shoe shoppers
Local police were called to two Indianapolis malls to control crowds waiting to purchase the newest generation of Air Jordan basketball shoe. Similar incidents have been reported nationwide.
Near-east-side Super Bowl efforts go beyond the big game
For a Super Bowl-related initiative to revitalize Indianapolis’ near-east side, the hardest work will come after the Feb. 5 game.
Shoplifting Grinches: Tis’ the season to steal
During the four weeks leading up to Christmas, an estimated $1.84 billion in merchandise will be shoplifted this year, according to The Global Retail Theft Barometer. That’s up about 6 percent from $1.7 billion during the same period last year.
YMCA revamps fundraising strategy for Pike Township
YMCA of Greater Indianapolis officials have started a $40 million fundraising campaign that will be used to fund three more local locations, including a much-delayed $10 million facility in Pike Township.
Progress slow on variety of metro area deals
Many projects we reported on here over the past year are still in progress, confirming that the real estate market is still sluggish.
Urban design firms acquire Market Street building for HQ
Two local firms focused on architecture and urban design have jointly acquired the former Perfection Bakery Building at 618 E. Market St. in the Cole Noble Commercial Arts District on the near east side.
Finish Line got strong start to holiday season
For the three-week period ended Dec. 18, the Indianapolis-based athletic apparel retailer said sales in stores open at least a year increased 7 percent from the same time last year. For the entire quarter, company profit increased 35 percent, to $5.5 million.
INSIDE DISH: Patrick’s finds room at the Inn in ‘X-mas miracle’
Beth Dickerson and Patrick Mullen had one month to find a new home for their struggling restaurant and move. A lucky break at Brick Street Inn and dozens of patrons (straight out of "It's a Wonderful Life") helped make it happen.
White Castle burger chain tries offering alcohol
The 90-year-old company is testing beer and wine sales at a location in Lafayette that combines a traditional White Castle burger joint with a Blaze Modern BBQ, a new restaurant concept also being tried out.
Krieg Bros. building sold to owner of nearby structure
Buyer Rick Coombes also owns the building at 111 S. Meridian St., the former home of Brenner Luggage, located just north of where the religious store operated for decades.