18th Street closing tap room, but plans to open distillery location
Hammond-based 18th Street Brewery opened its Indianapolis tap room one month before the pandemic stay-at-home orders of 2020.
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Cyber Monday sales on track to break record despite U.S inflation
Shoppers less concerned about COVID-19 returned to stores for more of their shopping, which blunted online sales growth, according to Adobe.
Temporary space set up for Lafayette Square Mall tenants
Owner Sojos Capital said more than 20 Lafayette Square Mall tenants will set up shop on the first floor of the former Sears building and will not be required to pay rent.
After record Black Friday, consumers turn to Cyber Monday for more deals
Cyber Monday is expected to remain the year’s biggest online shopping day and rake in up to $11.6 billion in sales, according to Adobe Analytics, which tracks transactions at over 85 of the top 100 U.S. online stores.
Homegrown fast-food chain closing seven Indiana locations
Penguin Point, a Warsaw-based fast-food chain that dates back to 1950, is now down to nine restaurants.
Patachou ownership announces Fishers restaurant, new corporate name
Patachou Nickel Plate is expected to be the third Patachou location to launch in 2023, joining spots in Zionsville and the Stutz complex in downtown Indianapolis.
With plans to open sixth restaurant, Luciana’s is a homegrown hit
Alberto and Sarah Bravo plan to open the latest location in their family-run business, named for their eldest daughter, at 96th and Meridian streets early next year.
Goodman’s, other stores to leave Nora Plaza as Kite plans changes
The changes come after Indianapolis-based Kite acquired most of the 163,500-square-foot shopping center for $29 million in January.
Target’s 3Q profit drops 52% as shoppers force price cuts
The retailer voiced caution about its sales and profit during the fourth quarter because customers have been waiting for sales rather than buying goods at full price, and finding ways to cut down on spending in other ways as well.
UPDATE: Walmart offers to pay $3.1B to settle opioid lawsuits
Indiana Attorney General Todd Rokita announced that Indiana’s tentative share of the prospective settlement is about $53 million.
Lamar Odom becomes co-owner of Indianapolis CBD company
Former Los Angeles Lakers forward Lamar Odom has his name and likeness attached to seven Higher Life products, including a “sports tincture.”
Online grocery service Green Bean Delivery calling it quits
The 15-year-old Indianapolis-based company founded by organic farmer Matt Ewer and nutritionist Beth Blessing said it would permanently close after this week’s deliveries.
North of 96th roundup: Dick’s, Capriotti’s, Angelo’s Italian Market plan openings
Several new restaurants, retailers and businesses have recently opened or are planning to open their doors in Boone and Hamilton counties.
Reopening of former Lafayette Square Mall postponed
The shopping center at 3919 Lafayette Road, now known as Window to the World, was expected to reopen on Nov. 21, ahead of Thanksgiving weekend shopping.
Bed Bath & Beyond suppliers halt shipments despite new financing
Suppliers say they remain concerned about the retailer’s survival and have cut off or cut back on merchandise they ship to the company.
BJ’s Wholesale Club planning second Hamilton County store
After opening its first Indiana store late last month in Noblesville, the Massachusetts-based shopping club chain has filed plans to build another store in Hamilton County.
Meijer plans to build smaller-format grocery store on west side of Noblesville
The retail giant plans to build a grocery store and gas station near the northeast corner of the intersection of State Road 32 and Little Chicago Road.
Amazon stock tumbles on weaker-than-expected 3Q revenue
The Seattle-based e-commerce behemoth’s weak forecast for the fourth quarter indicates that it expects things to get tougher.
Bar planned in Bates-Hendricks to focus on wine-based daiquiris
The future Daiquiri Factory occupies 3,000 square feet in a building that includes hair salon Bang (A Salon).
With restaurant added, Hi-Fi music venue can cater to younger crowd
By simply cutting a doorway to connect two businesses in Fountain Square, the owners of the Hi-Fi music venue intend to alter the concert landscape of Indianapolis.