Proposed $20M Carmel development includes steakhouse, town homes
Chuck Lazzara, who owns the Ritz Charles with his wife, has revealed plans for Monon and Main, a mixed-use project on the southwest corner of Main Street and the Monon Trail.
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Longtime nightclub known for drag shows closing
Talbott Street Nightclub, which opened in 2002 on the city’s near-north side, announced it will quit serving patrons June 25.
Indiana gains ground in Fortune 500 amid shuffle among elite
Indianapolis-based Simon Property Group Inc. and Warsaw’s Zimmer Biomet Holdings vaulted back among the top 500 this year, while local oil refiner Calumet Specialty Products Partners plummeted.
North suburbs fermenting strategies for new liquor licenses
Noblesville is seeing unexpected demand for three-way liquor licenses in its Riverfront Redevelopment District. Other north-side communities are determining how to distribute additional liquor licenses approved by the state.
Trailblazing grocer exploring move to newer, larger space
The Pogue’s Run food cooperative on the city’s east side is discussing whether to put down stakes a few blocks away in the Clifford Corners mixed-use development.
Big Hoffa’s plans to build new restaurant in Westfield
Big Hoffa’s Smokehouse Bar-B-Que owner Adam Hoffman is planning to move his restaurant to the northeast corner of Main and East streets—just one-third of a mile from the current location.
Four Broad Ripple apartment projects could boost daytime traffic
A deluge of apartment projects is on track to bring 500 units to Broad Ripple—a building boom that promises to bolster the daytime traffic village leaders have long coveted.
Biglari’s Maxim saga drenched with drama, red ink
A former employee alleges that Sardar Biglari insisted Maxim devote 50 pages of the December/January issue to Monaco, where he spends significant time, and include features on his favorite cigar shop and on David Letterman, part-owner of the race team Steak n Shake sponsors.
Report of Kite-WP Glimcher merger takes analysts by surprise
At least one industry analyst that follows Indianapolis-based Kite Realty said a union between the two companies wouldn’t make sense, given that most of Kite’s properties are strip centers and WP Glimcher’s are shopping malls.
Sandwich chain Jimmy John’s sued over noncompete agreements
Jimmy John’s, which has at least 35 locations in the Indianapolis area, has been sued by Illinois Attorney General Lisa Madigan over agreements she says prevents them from seeking jobs with competitors.
Flanner and Buchanan acquires local funeral home
Flanner and Buchanan Funeral Centers has acquired the Lavenia & Summers Home for Funerals, Indianapolis-based Flanner and Buchanan announced Thursday.
Judge declines to dismiss $6.5M Andy Mohr jury award
Volvo Trucks North America had requested that the verdict be thrown out, arguing that “no reasonable jury could award damages” based on the evidence presented at trial.
Future of high-profile Zionsville property thrust into uncertainty
Pittman Partners LLC had proposed a $90 million, mixed-use project known as The Farm near the southwest corner of U.S. 421 and Sycamore Street. It recently withdrew from the project, and a new developer is being sought.
Hofmeister faces $2.4M suit over Clearwater jewelry store
The foreclosure lawsuit is the latest legal problem for the 43-year-old retailer, which is still trying to pay off debt from a Chapter 11 bankruptcy it filed in 2011.
Pittman Partners drops plans to develop $90M Zionsville project
The decision by Pittman Partners principal Steve Pittman is the latest sign of strife among siblings of Dr. John Pittman, a Carmel developer who died in 2014. Another sibling, Mark Pittman, now is leading efforts to line up an alternative developer.
Sears to explore sales of Kenmore, Craftsman, DieHard brands
Sears Holdings Corp. may turn to asset sales of some of America’s iconic brands to generate cash amid continued losses.
Cheaper beef makes return just in time for grilling season
Americans celebrating Memorial Day this weekend have a pleasant surprise coming their way: the cheapest retail prices for ground beef in two years.
HHGregg chief executive hoping to shed interim tag
Robert Riesbeck, the company’s chief financial officer, has served as the struggling retailer’s CEO on a temporary basis since February but wants the title to become permanent.
Frozen food recall covers many stores, several years
It's one of the largest food recalls in recent memory, with well over 400 products sold under more than 40 different brand names at major retailers including Costco, Target, Trader Joe’s and Safeway.
In dark quarter for retailers, Wal-Mart manages to shine
Surprisingly strong sales at Wal-Mart Stores Inc. and an optimistic outlook from the world's largest retailer lifted a pall that settled over much of the sector in the past two weeks.