Restaurant chain Steak n Shake posts third straight quarterly loss
The Indianapolis-based restaurant chain saw declining customer traffic and sales in the first quarter.
The Indianapolis-based restaurant chain saw declining customer traffic and sales in the first quarter.
The owners of a chain of restaurants in six Indiana counties have been charged with underreporting more than $8 million in sales, Marion County Prosecutor Terry Curry announced Thursday. The chain includes two restaurants in Marion County and one in Plainfield.
Low-key downtown eatery busts into Fishers; convenience store known for rural markets enters Indy.
The smoothie and restaurant chain plans to open two stores in Hamilton County in 2019. The franchisee is targeting Carmel and Fishers.
The restaurant, created by Food Network chef Michael Symon, opened in the high-profile Ironworks development in mid-2015.
Wisconsin-based Kohl’s said last month it will shrink about a dozen of its stores this year as part of a broader effort to reduce its bricks-and-mortar square footage.
After peppering the nation with thousands of locations, closely held Subway is retrenching in the United States while adding more stores in international markets.
Old National took over all three of the branches in 2009 when it acquired 52 Indianapolis-area Charter One offices. All but a few of those locations have since closed.
The establishment, located in the space formerly occupied by Mass Ave Toys, occupies 7,500 square feet over two levels—a bar and full-service restaurant on the main floor, and a second bar in the basement.
Event boosts independent retailers. Also this week: Bentley’s Pet Stuff, Bird Fever, Le Peep and Tom Wood Toyota.
Developed in collaboration with longtime local food expert Jolene Ketzenberger, the guided tours offer an afternoon of culinary adventure along the eight-mile downtown trail.
The Avon location will be the third local restaurant for the growing Chicago-based chain, which is known for its hots dogs and Italian beef sandwiches.
The new sites will join Naked Tchopstix’s existing locations at 3855 E. 96th St. in Indianapolis and in Fort Wayne.
Participants will get a chance to sample food and interact with chefs and owners at a selection of restaurants and other culinary establishments in and near downtown.
A second new establishment, Rye Bar, opens at the Marriott Monday. Also: Wings Etc., Bell Helmets, Macy’s, Kate Spade.
Though central Indiana doesn’t offer as many cafeteria options as in the past, diners hankering for this sort of fare can still slide their trays past a long line of choices.
The new owner also operates Hirosaki, a Japanese restaurant in Avon that opened in 2016.
A franchisee has filed suit against Indianapolis-based Steak n Shake in an effort to raise its menu prices because it says all of its restaurants are losing money.
After resigning on March 30 amid personnel issues at the high-profile eatery on East 16th Street, chef Braedon Kellner has returned to the kitchen with a stake in the business, according to one of its founders.
The eatery focusing on ramen, rice bowls and banh mi sandwiches will be operated by the same husband-and-wife team that owns General American Donut Co.