Indoor amusement center could have new owner
Springfield, Mo.-based America’s Incredible Pizza Company is negotiating to purchase Xscape and could have a deal finalized
as soon as Wednesday.
Retail
Articles
Walgreen gets OK to sell booze at 18 more stores
The Local Alcoholic Beverage Board of Marion County recommended permits for 18 of the 28 stores for which Walgreens is seeking
to sell alcohol. Approval by the Indiana Alcohol Tobacco Commission could happen as soon as June. 15.
Deal adds Verizon Wireless kiosks to all HHGregg stores
Marion-based The Cellular Connection expects to add 500 jobs in 15 states as a result of the agreement with HHGregg.
Bloomington candy store eyeing ambitious expansion
After a great first few months in Bloomington, Campus Candy’s co-owners hope to replicate that success, rolling out a plan
that calls for opening 50 college-town stores
across the country in the next 18 months and a total of 125 within five years.
Dunkin, Baskin-Robbins eye closed Meridian Street cafe
They will take over the former home of Bonjour Cafe & Bakery if the owner wins city approval to add a drive-through.
Indy entrepreneurs draft plans for 3 microbreweries
Three local microbreweries—Triton Brewing Co., Bier Brewery & Taproom and Flat 12 Bierwerks—are planning
to open in the next few months in a rush inspired in part by the runaway success of homegrown Sun King Brewing Co.
INSIDE DISH: Peterson’s rebounds after rough start, recession
Joe Peterson dreamed of opening a high-end restaurant. The start was
rough, but it led to breakthroughs at Joe's day
job as a manufacturing magnate.
Shoe Carnival profit beats estimates
Evansville-based retailer earned $9.2 million in its fiscal first quarter, on strong sales of athletic and toning footwear.
Dunkin Donuts angling to take over Bonjour building
Dunkin Donuts and Baskin-Robbins could soon take over the former home of Bonjour Cafe & Bakery at Meridian and 24th streets
if the owner wins city approval to add a drive-through.
Local liquor chain buys four stores in Kentucky
United Package Liquors’ purchase of Bowling Green locations could be start of larger company expansion, CEO and president
says.
UPDATE: Water-main break closes part of Castleton Square
Simon Property Group spokesman Les Morris said 110 out of 130 mall stores were open late this morning.
Battered banks don’t see light at end of tunnel
Credit problems continue to bedevil banks big and small, many of them caused by soured commercial real estate loans.
INSIDE DISH: Bonge’s Tavern survives, thrives in the boonies
Despite setbacks including a devastating lightning strike, Tony Huelster of Bonge's Tavern
has turned the middle-of-nowhere eatery into a dining hotspot.
Finish Line co-founder retiring as chairman
Alan Cohen will be succeeded by Glenn Lyon, who will retain his position as CEO.
HHGregg’s profit slips despite higher revenue
HHGregg had a profit of $10 million, or 25 cents per share, in the quarter ended March 31 on revenue of $417.2 million.
Hat World to acquire Sports Avenue stores
Locally based Hat World has agreed to acquire the assets of Sports Avenue, an Illinois-based competitor that operates 46 retail
stores and 13 branded e-commerce sites. Terms of the deal where not disclosed.
Downtown merchants sponsor new farmer’s market
Goldman Jewelry, J.P. Parker Flowers and Shapiro’s Deli plan a Tuesday evening farmer’s market on the south side of downtown
Indianapolis beginning June 1.
Lawrence Village inks J.C. Hart deal, seeks retail developer
The Fort Harrison Reuse Authority has approved the sale of a 6.6-acre site to Carmel-based J.C. Hart Co. for development of a 217-unit apartment community.
Simon plans to rejoin retail leasing event
Simon Property Group Inc. plans to rejoin the giant leasing mall at the annual ICSC convention in Las Vegas, where 25 percent
of the nation’s retail lease deals are consummated.
INSIDE DISH: Ambrosia’s Pizzi hits learning curve
Local restaurateur Gino Pizzi refocuses his new downtown locale after unexpected challenges, including higher costs
and lackluster lunch business.