![](https://www.ibj.com/wp-content/uploads/2019/01/steaknshake-webonly-2col-300x196.jpg)
Advisory firm: Current Biglari board must go
Groveland Capital's push to oust Sardar Biglari from Steak n Shake's parent will come to a head Thursday. A prominent billionaire investor is poised to back the effort.
Groveland Capital's push to oust Sardar Biglari from Steak n Shake's parent will come to a head Thursday. A prominent billionaire investor is poised to back the effort.
Groveland Capital, which wants to oust Sardar Biglari, failed to get support from the influential advisory firm Institutional Shareholder Services. But ISS agreed Biglari Holdings has serious governance problems.
Valet service in central Indiana has expanded beyond upscale restaurants and luxury hotels to hospitals, casual eateries and even a grocery store.
Frisch’s Restaurants Inc. sued former Assistant Treasurer Michael Hudson in January, alleging that he forged payroll documents and falsified accounting entries, then diverted company funds into personal accounts over several years.
Beer and pizza—a classic combination and a pairing that might help revive the retail portion of the Village of West Clay in Carmel.
Who besides weary male travelers temporarily housed in nearby hotels is likely to go to a breastaurant—er, restaurant—where the defining elements are the physical attributes of the wait staff?
A former top executive at the Cincinnati company behind dozens of Frisch's Big Boy restaurants is denying that he embezzled $3.3 million as the company alleges.
Their chain of 26 restaurants, which operate in 10 Indiana counties under the names El Rodeo and El Jaripeo, failed to report an estimated $22.7 million in sales between 2010 and 2012, prosecutors said.
Founder Jerry Rezny thinks craft soft drinks can disrupt the soft drink industry just as craft beer shook up establishers brewers.
Bent Rail Brewery is not officially the cafeteria for The Speak Easy. But it might as well be.
SteadyServ, the local firm behind the iKeg smart beer-management system, now plans to move into at least six new markets outside the Midwest.
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.
Stout's Shoes plans to downsize its flagship Mass Ave location, which it touts as the nation's oldest shoe store, to make way for a new restaurant and bar along the popular dining corridor.
McDonald's CEO Don Thompson is stepping down as the world's biggest hamburger chain fights to hold onto customers and transform its image.
The owners of a popular chain of Mexican restaurants have agreed to plead guilty to criminal theft charges and forfeit $4.53 million for failing to report accurate sales figures to the state.
The company that owns dozens of Frisch's Big Boy restaurants in Ohio, Indiana and Kentucky alleges a former assistant treasurer stole an estimated $3.3 million in a multiyear embezzlement scheme.
Gary Brackett’s personal credo—be humble, be hungry and work harder than everybody else—has served him well. Now he hopes to parlay his success on the gridiron into his restaurant operations.
Gwendolyn Rogers achieved her goal last month of owning a bakery by opening the Cake Bake Shop in Broad Ripple. The former Little House gift shop space now sports cases full of tasty treats that include her popular cakes, as well as pies, eclairs and other goodies.
Disappointment among Sisters’ Place regulars was quickly turned to cautious optimism when new owners renovated and recently reopened the quiet landmark.
The Indianapolis-based burger chain’s smaller annual profit resulted from an ongoing effort to increase the company’s number of franchised restaurants, with plans to open units as far away as the Middle East.