Marsh says it will upgrade nearly half its stores in 2016
The Fishers-based grocery chain did not say how much it would spend to "remodel and upgrade" 30 of its 73 stores.
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Max & Erma’s closures include one local restaurant
Restaurant chain Max & Erma's has closed 13 Midwest locations, including one in the Indianapolis area, in an effort to streamline operations and deal with underperforming outlets.
Topgolf entertainment venue to open on 116th Street in Fishers
The three-level, 65,000-square-foot location—the company’s first in Indiana—would offer competitive golfing games in addition to food, alcohol and other entertainment options.
Court decision paves way for Enzo Pizza vs. City Market trial
A Marion Superior Court judge declined to dismiss Enzo’s lawsuit against its former landlord. The pizzeria claimed it was unfairly ousted from its longtime location in the market’s east wing.
Wal-Mart to close 269 stores amid increasing competition
Of the 154 stores being closed in the U.S., 102 will be in its Walmart Express category, which has been in a pilot program since 2011. About 10,000 U.S. employees will be affected.
Resurgence of vinyl gives record stores new life
A number of local music stores are reporting dramatic sales growth in vinyl records, in both 7- and 12-inch format. For you old-timers, that’s 45s and 33s. A few 78s also are for sale.
HHGregg’s top shareholder may be poised to sell chain
Freeman Spogli & Co. has been invested in the Indianapolis retailer for a decade, which is bordering on an eternity by private equity standards.
Two more retailers leaving Circle Centre mall
Johnston & Murphy and Yankee Candle Co. are set to vacate their spaces at the end of the month, joining Gap, Gap Kids and American Greetings as tenants departing the third floor.
Restaurateur plans condos behind new eatery on New York Street
Mike Cunningham and business partner Patrick Heitz have received approval to build two upscale condos in one structure at the rear of the Vida restaurant, set to open early next month.
More firms give employees chance to drink on the job
Observers say the trend is a reflection of the increasing blurring of the lines between work and social lives.
UPDATE: Finish Line to close 150 stores, change CEO
The Finish Line Inc. said it will close 150 stores over the next four years and replace its CEO early next year after losing $32 million in sales in its latest quarter due to supply-chain problems.
Indianapolis area avoids Macy’s store-closing list
Macy's is slashing up to 4,800 jobs and closing 40 stores, a harbinger of hard times for retailers after a holiday season that saw a noticeable shift to online shopping and away from physical stores.
Tom Wood Lexus hitches wagon to expansion trend
The project would add a second floor to the building on East 96th Street, increase the size of the service department and create a mezzanine for a “state-of-the-art” car wash.
IBJ’s most-read stories of 2015
Despite national attention paid to RFRA and Jared Fogle, most of IBJ’s top-read online stories this year were the result of deeply sourced reporting on people, issues and businesses specific to central Indiana.
Credit union plans to acquire former Meridian Music property
Indiana Members Credit Union is hoping to open a branch in the 18,000-square-foot, two-story brick building on Old Meridian Street in Carmel.
Owner closes all five Indy-area Bagger Dave’s restaurants
Southfield, Michigan-based Diversified Restaurant Holdings Inc. said it shut down eight of its 26 Bagger Dave’s restaurants in all, including seven in Indiana. It said the restaurants were losing money.
Local McAlister’s franchisee sells 19 restaurants
McIndy Ventures LLC, which opened its first McAlister’s in 2002 in Indianapolis, has sold its portfolio of eateries across Indiana to Tennessee-based Southern Rock Restaurants LLC.
Chipotle tweaking cooking methods in wake of outbreaks
The fast-but-fresh restaurant chain plans to change the way it handles its meats, vegetables and cheese to combat a hit to its image from incidences of foodborne illness.
Plainfield shopping center closes early after online threat
The Shops at Perry Crossing in Plainfield was evacuated Friday night after bomb threats were posted on Facebook targeting the mall and its JC Penney store, police said.
Northwest-side retail center acquired for $6.5 million
Pyramid Place Shops is home to Georgia Reese’s Southern Table & Bar, Einstein Bros. Bagels, Noodles & Co., Qdoba, and Firehouse Subs.