Cincinnati-based tire chain plans seven area stores
Tire Discounters Inc., which has grown into one of the country’s largest independent tire dealers over the past decade, is rolling into the Indianapolis area this year with multiple locations.
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Primanti Bros. quietly closes its Noblesville restaurant
The Pittsburgh-based chain, which is known for putting french fries on its sandwiches, entered the Indiana market in 2016 with the location near Hamilton Town Center.
Steak n Shake opens new-concept restaurant on city’s northwest side
The new model fits right in with Steak n Shake’s growing strategy to escape its roots as a sit-down diner and become more of a chain known for fast food.
Closures at Steak n Shake hit 60 this year, including five in Indy area
Steak n Shake has closed dozens of company-owned restaurants since the beginning of the year, but says those closures are temporary while it looks for franchisees to take over their operations.
Middle Eastern restaurant chain planning multiple Indy-area locations
Chicago-based Naf Naf Middle Eastern Grill was established in 2009 and has 37 locations in multiple states. Indianapolis-based franchisee 316 Investments plans to open 10 locations around Indiana.
Once-dilapidated far-east-side shopping center to become home for retail startups
Following a multimillion-dollar renovation, a far-east-side building that was on track for demolition is set to emerge as a retail-startup hub that supporters say could revitalize a neglected part of town.
Mediterranean chain targets Indianapolis area for multiple restaurants
The 11-year-old Colorado-based restaurant chain expects to open its first Indianapolis-area location by the end of the year. Its menu includes gyros, falafel, kabobs and other Mediterranean fare.
Lids Sports Group leaving Zionsville HQ for smaller office space
Three years after moving into a brand new $22 million headquarters building in Zionsville, Lids Sports Group is moving its offices to the northwest side of Indianapolis.
Florida-based theme restaurant chain to open local mall location
A Florida-based theme restaurant chain licensed by the Ford Motor Co. has chosen Hamilton Town Center in Noblesville for its first location in Indiana, mall owner Simon Property Group announced Monday.
Family-owned Georgetown Market completes nearly $300K in upgrades
The store in the International Marketplace district improved its deli and produce departments with the help of a loan program that provides low-cost financing for projects that increase community access to healthy foods.
British retail giant that bought Finish Line is taking slow approach to U.S. market
England-based JD Sports Fashion Plc entered the U.S. market in June with its $558 million acquisition of Indianapolis-based Finish Line and says it likes what it sees so far.
Carson’s spot in Circle Centre empty year after closing
One year after the closure of Carson’s at Circle Centre, city and mall officials are still looking for the right tenant—or mix of tenants—to fill the massive footprint.
Penrose on Mass lines up new tenants
The businesses will join five other retailers that recently opened on the ground floor of the new Massachusetts Avenue apartment building.
Walgreens to hike minimum age for store tobacco sales
Walgreens Boots Alliance Inc. said Tuesday that it will require customers to be at least 21 years old to purchase tobacco in any of its more than 9,500 stores nationwide. The policy starts Sept. 1.
Kohl’s to begin taking Amazon returns at all stores
Kohl’s has been testing Amazon returns at 100 stores for nearly two years and sees the service as a way to get people in its doors and potentially buy something while they’re there.
IBJ Podcast: Why tech execs bought The Vogue in Broad Ripple
High Alpha’s Eric Tobias talks with podcast host Mason King about what he and two other tech execs plan to change at the 81-year-old venue (think glass barware and a larger green room)—and what they think the club is already doing well.
Pier 1 plans as many as 145 store closures in restructuring effort
The retailer said it would close stores where leases were expiring or where it was unable to get reduced rents. Pier 1 has two stores in Indianapolis and three in the suburbs.
Sears sues former chairman Lampert over losses
Sears Holdings Corp. is suing its former chairman and largest shareholder Eddie Lampert, alleging the billionaire stripped the once iconic company of more than $2 billion in assets.
California-based burger chain coming to Indy with multiple locations
Fast-food chain Burgerim says it has six franchisees who plan to open restaurants around the state, with sites already secured in Indianapolis, Carmel and Greenwood.
U.S. retail sales bounce back with healthy March surge
The Commerce Department said Thursday that sales last month had their strongest increase since September 2017. During the past year, retail spending has grown 3.6%.