The company’s primary investment focus is unanchored shopping centers located in more affluent areas of major cities. Its founder sees Indianapolis “as one of the most attractive cities in the Midwest.”
Online auction hub AllSurplus Deals opened Nov. 17 in a Plainfield warehouse to sell returned and overstock items directly to the public.
Indianapolis-area brokers are bullish on the future of the local retail sector as occupancy rates grow in the aftermath of the pandemic and demand for space outstrips supply in some suburbs.
Ash & Elm’s planned 3,500-square-foot location, part of a multi-phase development by Carmel-based Old Town Cos., will be the company’s second restaurant and tasting room when it opens in spring 2024.
Mix Food Hall locations, which offered menu items from several restaurants and filled them through online ordering, have shut down less than a year after opening in Hamilton County.
Tanya Davis plans to open a new version of Vegas Lounge & Bar on the first floor of the historic Morrison Opera Place building at 47-49 S. Meridian St.
Spending increased 9.6% from a year ago, making it the biggest online shopping day ever, according to Adobe Inc., which compiles the data.
The 4,200-square-foot Cooper & Cow Steakhouse & Bourbon Lounge is scheduled to open in December at 8626 E. 116th St.
Many retailers ordered fewer goods for this holiday season and pushed holiday sales earlier in October than last year to help shoppers spread out their spending.
Booze-free bars and nonalcoholic retail bottle shops are found mostly on the coasts, but a handful have taken root in the Midwest.
The National Retail Federation projects that an estimated 182 million people are planning to shop in-stores and online through the five-day Thanksgiving weekend.
Frozen entree company HearcuLean Prepared Meals intends to move into a storefront at 8215 U.S. 31 South during the first quarter of 2024.
The retailer has transformed the property at 4501 Michigan Road into a restaurant, wine bar, installations featuring the company’s furnishings and the RH Interior Design Studio.
The coffee shop is among several improvements planned for the 11-story office building that is headquarters to Kite Realty Group.
The public will be able to shop seven days a week at the previously gated 41,762-square-foot mansion known as Linden House.
Store founder Haley Hilts describes the store as “a lifestyle studio where everything you see you can buy.” Even the coffee mugs are for sale.
The approval of a new plat map for the nearly 16-acre property in the 6200 block of East Washington Street comes as California-based developer Tallen Capital Partners LLC begins the process of developing a new master plan for the site.
The National Retail Federation, the nation’s largest retail trade group, predicts an increase in sales this holiday season, just not as big as last year’s.
General Motors, Ford and Stellantis are facing sharply higher labor costs, estimated by some analysts at exceeding $1 billion per year, per company.
Organizers say retail pharmacists are not looking for more pay or vacation time. The protest is more about giving employees the ability to do their jobs safely.
