Simon unit suing Stir Crazy chain for unpaid rent
The owner of Castleton Square Mall is suing its former tenant for $471,031 following the restaurant’s closing late last month.
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Jury selected in Marsh civil trial
Don Marsh, the former supermarket-chain CEO, went on trial in civil court Monday morning over millions of dollars in expenses he charged to the company. Proceedings got underway with attorneys selecting five men and four women for the jury before breaking for lunch.
HHGregg profit falls on sinking same-store sales
The Indianapolis-based appliance and electronics retailer said profit fell 23 percent in its fiscal third quarter as slumping demand for televisions caused same-store sales to drop.
Indiana lawmakers push for Sunday alcohol sales
Lawmakers in the last state in the nation to bar retail alcohol sales on Sundays are making a push to lift the restriction, but strong opposition from liquor stores could hinder the effort.
New restaurants: Upland in Carmel, Lincoln Square downtown
Old Carolina Barbecue also announces expansion to Indianapolis market.
Lids and MainGate gear up for Super Bowl
The companies, newly appointed to handle merchandise sale for the mega-event, are bringing in talent from across the country to staff the game in New Orleans.
Lifestyle mall triggers wave of development at Interstate 69 exit
Five years after the Hamilton Town Center lifestyle mall opened at a sleepy interchange on Interstate 69 in Noblesville, the neighborhood is one of the hottest growth markets in the state for retail, residential and medical development.
HHGregg ratchets back, but analysts still uneasy
HHGregg now has 228 stores in 20 states. So it has grown a great deal. But the “exceptional store economics” it used to promote are gone, thanks largely to a breathtaking collapse in sales of flat-screen televisions.
Bill seeks earlier date for online retailers to collect taxes
Hoosiers may be required to pay a 7-percent sales tax on top of their Amazon purchases starting July 1 if a proposed House bill is adopted.
Retailer plans 250-worker Hendricks County warehouse
Gordmans, an apparel and home decor retailer, said it will spend $37.5 million to construct and equip a 545,000-square-foot distribution center in Clayton.
Local Taco Bell franchisee acquired by California firm
Southern Bells Inc., an Indianapolis-based franchisee that operates 76 regional fast-food restaurants, has been acquired by the country’s largest franchisee of Applebee’s restaurants.
HHGregg shares tumble on profit warning
HHGregg shares fell 10 percent in early trading Monday after the Indianapolis-based appliance and electronics retailer slashed its 2013 profit forecast almost 25 percent on a sharper-than-expected drop in television sales.
Downtown Arvey store reopens under new ownership
Arvey Paper & Office Products at 1021 N. Pennsylvania St. began serving customers again in December after closing for six months. A former executive of Arvey’s previous parent company bought the name and has reopened five stores nationwide.
Greenfield gun seller, others seeing run on guns
Gun enthusiasts are snapping up weapons faster than they can be replenished. And applications for gun permits spiked sharply toward the end of 2012.
$30M Keystone mixed-use project seeks city approval
Hendricks Commercial Properties wants to build a five-story, L-shaped building with more than 36,000 square feet of ground-level retail space and 130 high-end apartments on the upper floors.
Finish Line suffers surprising quarterly loss
The earnings fell short of predictions by analysts polled by Thomson Reuters, which recently forecast per-share earnings of 10 cents on revenue of $296 million.
Fortune’s death puts 14 West building up for grabs
A historic brick building long used as a restaurant and hotel suites next door to Circle Centre mall is going up for sale for the first time in almost a decade, with an expected asking price of $4 million.
Investor: Kroger missed chance to buy ‘linchpin’ property
Owner of real estate near 16th and Central says grocery chain showed little interest, but Kroger says it still wants property to make way for new downtown store.
Bazbeaux founders settle lawsuit
Former husband and wife agree to end joint ownership of pizza restaurant, ending dispute that erupted with opening of Fountain Square sandwich shop.
Survey sees jump in e-reading, drop in paper books
The tastes of the reading public are turning digital, as the number of Americans owning an e-book device or tablet grows and the number of readers of traditional books drops.