$50M mixed-use project on Mass Ave ready to move forward
Montage on Mass will feature 236 apartment units, 36,000 square feet of retail, two levels of underground parking and a giant three-story, electronic-mesh art display.
Retail
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Goody’s parent to close about 90 underperforming stores
A national retailer that operates about 20 Goody’s stores in Indiana plans to close about 10 percent of its locations.
Subway’s latest challenge: Getting out from Jared’s shadow
Subway benefited hugely from Jared Fogle's weight loss story. Now the sandwich chain needs to figure out how to prevent him from overshadowing its future.
Report: Subway pitchman to admit to child-porn charges
Subway pitchman Jared Fogle is expected to plead guilty to child-pornography charges, an Indianapolis television station reported Tuesday.
Scotty’s Dawghouse eatery to anchor Butler garage project
The concept from local restaurateur Scott Wise will occupy 6,400 square feet of space on the ground level of the parking garage under construction next to Clowes Hall.
Toyota dealership’s relocation halted by appeals court
Whether three competing Indianapolis-area Toyota dealers may block the relocation of another Toyota franchise from Anderson to Noblesville divided a panel of the Indiana Court of Appeals on Thursday.
Personal guarantees haunt Centre Properties founders
A Cincinnati bank that won a $2.1 million judgment on personal guarantees from Centre Properties founders Craig Johnson and James Singleton took the extreme action recently of having bank accounts frozen after the pair did not pay up.
Retail sales make July jump, aided by autos, restaurants
Retail sales climbed 0.6 percent last month after a flat reading in June, the Commerce Department said Thursday.
Cold beer getting warm as court weighs state’s alcohol laws
Judges heard arguments in January in a lawsuit challenging the state’s prohibition against convenience stores selling cold beer. Waiting seven months for a decision is not unusual.
Noble Roman’s making strides on take-and-bake biz
The Indianapolis-based company in the past two months has increased its supermarket presence and hired an executive to oversee grocery operations, while securing more financing to help achieve the growth.
Popcorn retailer launches building expansion in Broad Ripple
Just Pop In, which has been a fixture on Guilford Avenue since 2003, will consolidate the store with kitchen and packaging operations a few blocks north as part of a major construction project.
Marsh renews Symphony on Prairie sponsorship through 2018
The Indianapolis Symphony Orchestra’s outdoor concert series posted total attendance of more than 100,000 in 2014. Marsh Supermarkets has sponsored the series since its inception in 1982.
Kroger rolls out online shopping service at Carmel store
Kroger is among several grocery stores that are testing or using online ordering systems in various markets.
HHGregg’s latest loss still beats Wall Street expectations
The retailer reported another lackluster quarter with sales dips in every category except home products. But its shares shot up in trading because the results were better than expected.
Save-A-Lot grocery commits to Avondale Meadows neighborhood
In an area underserved by grocery stores, the chain is planning a store on East 38th Street as part of a larger $8.7 million, 40,000-square-foot retail project.
Brothers start artisan distillery in Madison County
Jerrad and Jason Oakley have reached an agreement with 69 Liquors in Daleville, Lucky Liquors in Anderson and Mr. G's Liquor Store in Noblesville to sell their moonshine.
Landmark African-American-owned bar looking for new home
Owner Gwen Robinson hopes to find a new home for AJ's Lounge by the end of August, but for now, the bar—fondly referred to as the "government center's north annex"—is without a home.
Few Indy companies embrace state’s new crowdfunding option
Regulations that went into effect July 1, 2014, allow Indiana businesses to solicit capital from rank-and-file Hoosiers in increments of $5,000 or less per investor. The main stipulation: Both the business and the investor(s) must be Indiana-based.
$8M project slated for Fall Creek Place
The development would be built on land at East 22nd and Delaware streets owned by King Park Development Corp. and would feature 47 market-rate units and 9,000 square feet of retail.
Competition for local retail workers heating up
The competition for retail workers in the central Indiana job market has grown so intense that one retailer is offering hiring bonuses.