Discount retailer Tuesday Morning files for bankruptcy again
The retailer emerged from its last bankruptcy in January 2021 after closing about 200 stores, cutting its employee head count and slashing debt.
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Taco eatery Agave & Rye set to open this month at CityWay
Founded in Covington, Kentucky, in 2018, Agave & Rye Tequila and Bourbon Hall has quickly grown to 14 locations in five states. The Indianapolis restaurant will be its second in Indiana.
IBJ Podcast: He stitched handbags in his Irvington basement, and now it’s a $1M business
In conversation with podcast host Mason King, Howl & Hide’s Christian Resiak details the process of building the business from scratch and his grand plan to become a global brand.
Bed Bath & Beyond to close 5 more Indiana stores, including one in Noblesville
Struggling retailer Bed Bath & Beyond Inc. disclosed this week that it will close 150 more stores in the United States.
Tinker Coffee to open downtown cafe in 360 Market Square building
The cafe, set for a spring opening, will be Tinker’s fourth cafe overall, but its first standalone location.
Doc B’s Restaurant opens at Fashion Mall at Keystone
The 5,600-square-foot restaurant at 8702 Keystone Crossing is Doc B’s first location in Indiana.
Bates-Hendricks bar taps into speakeasy trend
Modern speakeasies aren’t an overnight sensation in Indianapolis, but the trend has accelerated. Unlike speakeasies of yesteryear, these bars are legitimate businesses licensed to sell alcohol.
Pier 48 keeps serving as legal wrangling continues
The saga of disputes among the restaurant’s four founders has a new chapter, with a lawsuit filed last month against one founder by an Indianapolis financial adviser whose allegations offer a different version of events than do previous complaints.
Wabash Brewing to end 8-year run in latest beer-maker closure
Small-batch beer maker Wabash Brewing LLC announced Tuesday its plans to close its location on East 79th Street permanently—the latest exit in a season of tumult for Indy-area brewers.
Indiana bills backed by national pet store chain draw pushback from animal advocates
A national pet brand chain is a driving force behind two Indiana bills that would block local communities from enforcing outright bans on the retail sale of pets. Such ordinances already exist in cities like Bloomington and Carmel
Black Acre Brewing Co. to close all locations
Black Acre’s original tap room, a production facility and a speakeasy-style bar will cease operations in February.
Furniture retailer closing Indianapolis-area stores
The move into the Indy area in 2014 was supposed to the first step in a multi-market expansion for Weekends Only Furniture & Mattress. The whole chain is now slated for liquidation.
Tamika Catchings deepens community ties with tea shops, plans for gym
The former Indiana Fever star—now a business owner, mentor, arts patron, community leader and philanthropist—is opening her third Tea’s Me and partnering with the MLK Center Indy on a neighborhood basketball gym.
December retail sales fall 1.1% as inflation takes toll
Americans cut back on spending in December, the second consecutive month they’ve done so, underscoring how inflation and the rising cost of using credit cards slowed consumer activity over the crucial holiday shopping season.
Downtown’s Allen Plaza sold to local investment group
The building’s 58,800 square feet of office and retail space is now mostly vacant, following exits in recent years by Scotty’s Brewhouse, HomeAdvisor and third-party logistics company Backhaul Direct.
Small retailers could seek fighting chance under Roosevelt-era antitrust law
For years, Robinson-Patman was a mainstay of FTC enforcement. But the law fell out of favor as antitrust experts focused on consumer prices, arguing that retailer discounts would likely be passed on to consumers.
Indiana City Brewing equipment heading for auction
The Indianapolis-based brewery is slated to have its equipment sold at auction next month, but it continues to look for new ownership prior to the sale.
Open Kitchen restaurant to take over former Jailbird location
The building south of Hanna Avenue and west of UIndy will be the third home for Open Kitchen since the business launched in September 2020.
Mug-n-Bun owner seeks buyer for iconic Speedway drive-in
Known for curbside service, breaded tenderloin sandwiches, hand-dipped onion rings and made-on-site root beer, Mug-n-Bun traces its roots in Speedway to the 1950s.
Bed Bath & Beyond warns about bankruptcy as sales plummet
“There is substantial doubt about the company’s ability to continue as a going concern,” the retailer said in a statement.