U.S. retail sales show solid increase as auto-buying jumps
Figures released Friday showed August retail sales advanced more than forecast, while consumer sentiment rebounded from an almost three-year low.
Retail
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Broad Ripple restaurant assets to be auctioned
The Corner’s owners hope to sell its equipment, furnishings and liquor license Oct. 1. Nearby, Sun King Brewery is about to open Offshore, a seafood and beer restaurant, in the former Thr3e Wise Men space.
Kittle’s Furniture invests in Zionsville online retail startup
Kittle’s Furniture has provided seed funding to accelerate retail startup ParkerGwen.com’s growth, the companies announced Monday.
Metazoa Brewing drops plans for Broad Ripple taproom
City development officials had concerns about the design of the brewpub’s proposed second location. Also this week: BrewDog, The District Tap, Nightmare on Edgewood
Walmart to stop selling ammo for handguns, short-barrel rifles
The retailer has long found itself in an awkward spot with its customers and gun enthusiasts. Many of its stores are in rural areas where hunters depend on Walmart to get their equipment.
Upland Brewing Co. using retail locations as linchpin of expansion strategy
At Upland’s newest pub, in Fountain Square, everything is meant to convey the Upland brand—a spirit of curiosity, outdoor activities and community-mindedness, infused with a Hoosier sensibility.
Macaroni-and-cheese restaurant franchisee eyes multiple local locations
Two local law enforcement officers with a development agreement for the Florida-based chain have narrowed their sights on locations for at least three restaurants on the north side.
New coworking space to double as furniture showroom
The new concept will occupy the entire top floor of one of the Pyramids office buildings. Also this week: Black Acre, Taste of Havana, Chef JJ’s Backyard and Gauchos Brazilian Steakhouse.
McDonald’s offering harassment training to all U.S. workers
The fast-food giant said Wednesday that its franchisees have committed to provide the training—a combination of online work and in-person discussions—to 850,000 employees.
Retailer Forever 21 prepares for potential bankruptcy filing
A bankruptcy filing would help the company shed unprofitable stores and recapitalize the business. The retailer has four Indianapolis-area stores.
Roundup: Texas Margarita’s restaurant opens on North Keystone
The new venture replaces another Mexican restaurant at the site. Also this week: Steak n Shake, Rise ‘n Roll Bakery, Hitherto Coffee & Gaming Parlour and BoxLunch.
Department stores making room for used fashion as resale becomes mainstream
The moves mark the most dramatic evidence of how resale is becoming so mainstream that traditional sellers can no longer ignore it.
Spenga fitness chain entering Indianapolis market
The Chicago-based chain is the latest in a rush of similar announcements. Also this week: Beauty Brands, Normal Coffee, Got Sole? Boutique and more.
Martinsville sock-maker FBF Originals ready to run
The Morgan County town’s best-kept entrepreneurial secret might not be a secret much longer, thanks to private equity ownership, an expanded management team, and ambitious plans to double revenue.
Gomez BBQ branching out from City Market
The homegrown venture will open its first stand-alone restaurant on East 10th Street. Also this week: Peloton, Culver’s, Lululemon and more.
Women’s retailer Charlotte Russe to reopen in Castleton Square
The company shut down all five of its Indianapolis-area stores earlier this year after filing for bankruptcy, but the brand has a new owner that is reopening stores in some locations.
Walgreens to shut 200 U.S. stores as part of cost-cutting plan
The Deerfield, Illinois-based company operates more than 18,000 stores worldwide, including 55 or so in the Indianapolis area.
Hardware store owner says relocation of store far from certain
Fusek’s True Value Hardware has been located in the Lockerbie Marketplace development since June 2004.
Jonathan Brooks’ Beholder restaurant has had a tough year
Business has been slow to build at Beholder, which isn’t yet consistently profitable and has had to cut staffing to the bone.
Sun King to open Broad Ripple taproom at former Thr3e Wise Men site
Indianapolis-based Sun King acquired the business assets of the former Thr3e Wise Men location on Broad Ripple Avenue in an auction Thursday.