Retail trade group sees modest holiday sales gain
The National Retail Federation, the nation's largest retail trade group, expects winter holiday sales to rise 2.8 percent, to $465.6 billion this year.
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Marsh Supermarkets rolls out new pricing strategy
The Fishers-based chain said it will reduce prices on thousands of items and keep them there for three months.
Simon Property Group gets new $4B credit facility
Indianapolis-based shopping mall giant Simon Property Group Inc. has received a new $4 billion unsecured revolving credit facility.
Lottery says it overspent on amenities for new office
Indiana lottery officials say they overspent on their new headquarters and will sell some of their equipment after reports raised questions about the lavish facility.
Indiana architects seek changes to public project bidding
Design-build process is considered to be too costly.
Waiting for construction industry to recover
The recession officially ended more than two years ago. But the number of local construction jobs is still down 27 percent from 2007 levels. Will the industry ever feel relief? Some segments might not recover in a big way until 2013.
Rezoning sought for growing children’s health program
The Children’s Better Health Institute, a division of The Saturday Evening Post Society Inc., plans to ask the Metropolitan Development Commission to rezone a 23-acre parcel on the city’s northwest side.
Kilroy’s Broad Ripple plan clears another hurdle
Kilroy’s Bar n’ Grill received preliminary approval on Monday from the Local Alcoholic Beverage Board of Marion County, which recommended a liquor permit for the building at 821 Broad Ripple Ave.
California firm’s Park 100 portfolio goes back to lender
California-based Blue Real Estate lost the last big chunk of its Indianapolis portfolio last week when a lender took control of Blue’s 360,000-square-foot, seven-building portfolio in Park 100.
Report holds next steps for Pan Am Plaza garage
Part of the Pan Am Plaza parking garage has reopened after being closed for several hours for emergency repairs late last week, but a report will reveal whether more extensive work is needed to restore the garage to a structurally sound state.
Jeweler plans massive sale in bid to escape bankruptcy
Hofmeister Personal Jewelers Inc., which sought Chapter 11 reorganization in April, is asking the court to let it bring in a national consultant to oversee a huge sale that would begin next month and last until February.
Gaming machines may expose loophole in state laws
The so-called "sweepstakes machines" allow users to buy Internet time and connect to online games like video poker and slots.
Page Development CFO files for personal bankruptcy
Paul M. Pittman, one of four principals in a troubled Indianapolis-based condo developer, filed personal bankruptcy this week.
Mayor has monumental plan for Georgia Street, delays name change
Indianapolis Mayor Greg Ballard temporarily calls off plans to rename the historic street to instead focus on a project that would line it with 30 monuments saluting famous Hoosiers.
Parking already at a premium at Rivers Edge shopping center
The 617 parking spaces at the newly renovated Rivers Edge shopping center meet the minimum commercial-zoning allotment—but just barely.
Homebuilder Estridge files for bankruptcy
Paul Estridge Jr. owes a list of creditors including banks, suppliers and vendors more than $50 million, but has assets of less than $5 million, he said.
INSIDE DISH: Avec Moi in midst of startup tests
Kris Parmelee pulled off a major career shift by switching from consultancy to the kitchen. But getting her home-cooking takeout startup, Avec Moi, off the ground has been tough.
Indiana Soccer Association moving to Westfield
The Indianapolis-based soccer association’s decision to move to Westfield’s Grand Park Sports Campus follows a similar announcement earlier this year by the Lids Indiana Bulls, a youth baseball organization.
Investor Buffett gets behind east-side revitalization project
Warren Buffett joined other investors and Indianapolis community leaders Wednesday morning for a ribbon-cutting ceremony at the $27 million East Village at Avondale apartment project.
New rendering: Bank One Ops Center redevelopment
The company charged with redeveloping the former Bank One Operations Center downtown is recruiting tenants for the mixed-use apartment and retail project.