Virus shifts focus for Westfield developer EdgeRock
The company is slowing its rollout of ambitious commercial projects while turning to residential development as a way to support those signature endeavors.
The company is slowing its rollout of ambitious commercial projects while turning to residential development as a way to support those signature endeavors.
H&M is making its biggest retrenchment ever as the pandemic exacerbates its record inventory buildup. The retailer said Thursday it plans to permanently shut 250 stores on a net basis in 2021 after eliminating 50 this year.
Restaurants are trying to figure out how to extend the outdoor dining season using space heaters, tents, temporary igloos and even blankets. Heat lamps are already in short supply.
Walmart says it was working on a new store layout a year ago. But the pandemic accelerated those efforts as customers are increasingly focused on contactless shopping amid safety concerns.
Consumer confidence is closely watched for signals about consumer spending, which accounts for 70% of economic activity in the United States.
Roberts Park United Methodist Church, 401 N. Delaware St., has planned for more than a year to build a five-story building with a day-care facility, parking, health clinic and office space atop the parking lot directly east of the church.
Even before Amazon’s announcement Monday, major retailers have said they plan to push shoppers to start their holiday shopping in October and offer deals earlier, hoping to avoid crowds in their stores in November and December.
At least 26 such lawsuits have been filed by property owners this year, claiming that the national eviction moratorium unfairly strains their finances and violates their property rights.
Lillian and Frank Goodwin operated Apex Taxi Co. out of offices in Rooms 201 and 202 at the Walker building.
In a Facebook post, the owners of the restaurant blamed “the pandemic and our inept government” for the closure.
Dollar General launched its DGX concept in 2017. It now has 14 locations around the nation, including one that opened this summer on Mass Ave.
More than four out of 10 restaurant operators in Indiana say it is unlikely they will still be in business six months from now if current business conditions continue, according to survey released Tuesday by the Indiana Restaurant and Lodging Association.
Dallas-based Mohr Capital has already broken ground on the first building in the master-planned Mohr Logistics Park—a 1 million-square-foot distribution center for Cooper Tire—and has several more in the early planning stages.
Fishers City Council members weren’t immediately convinced by the large number of proposed rental units in the plan and the developers’ request for $6.1 million in tax increment financing, so a majority voted to reconsider the proposal in 30 days.
Bed Bath & Beyond Inc. on Tuesday revealed the first 63 closures of the 200 that are planned nationwide over the next two years. The stores on the initial list will close by end of this year.
We all know that restaurants have been devastated by the pandemic. Some have closed, and Pete predicts more are about to. He suggests determining how much you can afford to help and then spending that cash at two or three restaurants that are meaningful to you.
The media is fascinated by what he’s up to, as the nation’s largest shopping mall owner teams with partners to buy ailing retail chains while negotiating with Amazon to fill vacant anchor spaces with distribution centers.
In particular, vacant spaces in higher-population suburbs should have no trouble finding new tenants, brokers say.
The corner of Washington and Meridian streets has, of course, changed substantially over the years. But even in this photo, believed to have been taken in 1893, the intersection was a vibrant commercial corridor.
Five-year-old Howl and Hide is preparing to open a second location, a pop-up shop at Clay Terrace in Carmel.