Pennsylvania Real Estate Investment Trust and CBL & Associates Properties Inc. sought protection from creditors Sunday, citing pandemic-induced pressures. The two REITs account for about 87 million square feet of real estate across the U.S.
The retail giant said it originally instructed store managers to move firearms and ammunition from in-store displays to a secure location in the back “in an abundance of caution” due to the potential for “civil unrest.”
The Indianapolis-based real estate investment trust reported $65.1 million in revenue for its third quarter—an uptick of about $2 million from the previous quarter, but a drastic drop from the $75 million earned during the same period in 2019.
Detail Garage, a California-based retail chain, will open a franchised store in Plainfield on Friday. It’s the first in Indiana for the fast-growing retail arm of Chemical Guys, which makes a line of car detailing products.
Dayna Isom Johnson, the trend expert at Etsy.com, sees a turn toward “cheerful citrus” this holiday season. “It’s an escape from traditional themes for the holidays,” she said. “It’s really allowing you to add a pop of sunshine.”
It will be the second restaurant for the business that started in Edinburgh in 2005. Also this week: Guardian RV Storage, Sun King, Big Woods, Liftoff Creamery and Athletic Annex.
Nicole Lewis’ online shop, Art2theextreme, has first-to-market position on the platform with its trademark “The Original Rainbow Crayon.”
The 86th Street store, which is set to open next month, will be the first in Indiana for the Maryland-based chain. Also this week: Nada and Downtown Arts Market.
Kroger said the store, which has nearly 40 employees, hasn’t operated profitably for several years and that a turnaround wasn’t realistic.
The new Chick-fil-A will occupy the cellar and ground floor of 10 E. Washington St., which has been vacant since the menswear chain Jos. A. Bank closed its store there in 2017. Also this week: The Exchange Whiskey Bar and Dave & Buster’s.
As much as people have reveled in their at-home informality, they also speak of a desire for normalcy, a condition marked by a return to the office – with all its bells and whistles. They want to wear the clothes that have gathered dust in their closet. They want to wear all those clothes that still have price tags on them because the restaurants closed, the theaters went dark and the parties were all canceled before they could be debuted. They want leggings, but a dressier version.
Spices, yarn, fitness equipment and the Nintendo Switch are among the products that remain hard to find during the pandemic.
Up to now, the business has primarily served architects and designers in bigger markets. Also this week: Lou Malnati’s, Dave & Busters, Godiva Chocolatier, Nesso, Jiffy Lube.
Online, sales of desks and accessories, such as desk chairs and lamps, were up 283% in August from the year before, according to Rakuten Intelligence, which tracks shopper behavior.
Cracker Barrel Old Country Store Inc. is converting one of its Indianapolis restaurants into a food-preparation-only location as a way for the company to experiment with the emerging “ghost kitchen” trend.
The husband-and-wife owners previously sold their creations on social media and at craft fairs. Also this week: Joella’s Hot Chicken, SweeTie’s Gourmet Treats, Lily & Sparrow and Ross Dress for Less.
Dollar General launched its DGX concept in 2017. It now has 14 locations around the nation, including one that opened this summer on Mass Ave.
The media is fascinated by what he’s up to, as the nation’s largest shopping mall owner teams with partners to buy ailing retail chains while negotiating with Amazon to fill vacant anchor spaces with distribution centers.
Five-year-old Howl and Hide is preparing to open a second location, a pop-up shop at Clay Terrace in Carmel.
The three principals behind Sangrita Saloon are adapting the high-end Mexican concept for the 4,000-square-foot Sangrita Grill & Cantina in the Yard at Fishers District culinary hub.
