The locally based strip-center owner and developer is nearing completion of a small retail project near 106th and Michigan Road on the western edge of Carmel. It’s the company’s first retail project since the recession.
The company lost more than $10 million in its latest quarter as it saw comparable-store sales fall in every product category except home products.
Weekends Only Furniture Outlet, which has five stores in the St. Louis area, plans to make its first expansion outside of its home market by opening a 92,000-square-foot store in Castleton.
The Humane Society has set its sights on Biglari Holdings, the firm that owns Indianapolis-based Steak n Shake, saying it has ignored requests to adopt animal welfare methods like its competitors.
In a letter to customers, company president Bob Clark said he has no intention of closing the 100-year-old business and is working to finalize a deal for financing to continue operating.
The retailer had filed plans to rezone nearly an acre along East 56th Street and Keystone Avenue for a 200,000-square-foot store, which neighbors argued would bring too much traffic to the area.
Two more restaurants are set to join Yard House in vacant Circle Centre mall space along Maryland Street.
Retailer Big Red Liquors is expected to announce a partnership Thurday with Boston-based mobile-software startup Drizly to offer alcohol delivery service to consumers in the area.
Simon Property Group Inc. on Wednesday said its third-quarter profit fell due to recent costs related to refinancing its debt, but that otherwise performance for the quarter was strong.
Samuel M. Sato joined the company in 2007 and previously had served as president of the Indianapolis-based retailer’s Finish Line brand.
Hinchtown Hammer Down beer, named for IndyCar driver James Hinchcliffe, is one of Flat 12’s top sellers and has become one of five in the brewery’s core lineup.
Wage gains have been sluggish since the recession ended in 2009, and that's led many people to be more cautious about spending money.
Cpl. Brandon Thomas said excise officers had a search warrant for the Liberty Bell Carpet & Flea Market on the city's east side when they seized the items Sunday.
In the last two years, the number of microbreweries operating in Indiana has roughly doubled, to 96. But can the industry sustain such blistering growth, especially in Indianapolis, where much of the activity is occurring, without foaming over?
Americans are expected to spend at the highest rate in three years during the upcoming holiday shopping season, according to the nation's largest retail industry trade group.
Starting Jan. 1, Wal-Mart will no longer offer health insurance to employees who work less than an average of 30 hours a week. The move, which would affect 30,000 employees, follows similar decisions by Target, Home Depot and others.
The planned $20 million senior housing and retail project could help breathe new life into a blighted neighborhood that’s sorely in need of investment.
Bob Kennedy has become a partner of the longtime northwest-side specialty running and walking retailer, while maintaining his ownership of a three-store chain in San Diego.
There’s a hunger in the retail industry for lower-tier, “B” shopping centers, seen as a bargain by potential owners. A $4.3 billion deal in the works involving a Simon Property Group spinoff could trigger more transactions.
Sears Roebuck and Co. plans to close its 194,680-square-foot anchor store in early December, the retailer confirmed Monday. A liquidation sale began Friday.
