United Art and Education store exits Castleton after nearly 30 years in business
An Indiana-based art and classroom supply company that had two Indianapolis retail outlets at the beginning of 2024 now has zero.
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Walgreens to pay $106M to settle allegations it submitted false payment claims for prescriptions
The pharmacy chain was accused of submitting false payment claims to Medicare, Medicaid and other federal health care programs between 2009 and 2020 for prescriptions that were processed but never picked up.
A tale of two stores
Nearly a year after opening, though, Indy Fresh Market isn’t profitable; instead it is being propped up by corporate partners Goodwill of Central & Southern Indiana and Cook Medical.
Indianapolis-based High Alpha leads $8.9M investment in retail-tech startup
The company’s founder and CEO, Arthur Root, started Nostra AI while he was a student at Indiana University.
Wine bar and bistro closing at Conrad Indianapolis
Tastings—A Wine Experience announced plans for its “last call” after 15 years in operation.
Four Finger Distillery announces exit from Fletcher Place building
Four Finger Distillery, which has locations in Westfield and Lebanon, cites a decision by building’s owner for its upcoming Fletcher Place exit.
Illumine Coffee Co. joins downtown’s booming cafe landscape
Illumine will open a location at 11 S. Meridian St., taking over a spot previously occupied by a Hubbard & Cravens Coffee and Tea shop.
Teen vaping hits 10-year low in United States
FDA officials noted that the drop in vaping didn’t coincide with a rise in other tobacco industry products, such as nicotine pouches, which have surged in use among adults.
CEOs of Albertsons, Kroger say shoppers would see lower prices after merger
The Federal Trade Commission contends the $24.6 billion deal would eliminate competition and lead to higher food prices for already struggling customers.
Even dollar store chains seeing pullback in spending as higher prices squeeze more consumers
Dollar Tree shares tumbled 20% Wednesday after hitting a 52-week low on the prior day.
Circle City Industrial Complex rebrands, lines up new tenants
Ten tenants, including two restaurants, are expected to open this fall in the newly named Factory Arts District.
Samson Historical provides a time machine to the 18th century
Casey and Abbie Samson own and operate the colonial outfitter that produces and sells more than 800 varieties of mostly late-18th-century-era clothing, accessories and living-history supplies.
Local chocolate maker SoChatti announces ‘bittersweet’ closure
Founder and CEO Matt Rubin told IBJ that he decided to instead focus efforts on the chocolate business’ parent company, True Essence Foods Inc., which specializes in developing food-making technologies.
Kroger, Albertsons defend merger plan in federal court against regulators
The two companies proposed what would be the largest supermarket merger in U.S. history in October 2022. But the Federal Trade Commission sued to prevent the $24.6 billion deal, alleging it would eliminate competition and raise grocery prices.
Brunch spot, Indian restaurant planned at renovated Allisonville retail center
The new owner of Windermere Center at 62nd Street and Allisonville Road has switched strategies from developing new projects to buying existing retail properties, refreshing them and signing new tenants.
Savvy Sliders making Indiana debut with restaurant in Lebanon
The 1,600-square-foot restaurant opening Wednesday “will be the first of many planned for the Hoosier State,” the company said.
Greenwood sees surge in new restaurants, retailers
Several new eateries and retailers have either opened or are set to open in Greenwood or in the nearby area, including a pair of Asian restaurants and a Mexican eatery.
Kroger, Albertsons hope to merge but must face skeptical government in court first
Starting Monday, a federal district court judge in Portland, Oregon, will consider both sides and decide whether to grant the FTC’s request for a preliminary injunction.
Gallery Bistro & Bar closes after four years in Wholesale District
Gallery Bistro & Bar opened across the street from Gainbridge Fieldhouse in July 2020 and permanently closed this month.
All Things Carmel store closes as funds redirected to fire, police, roads
All Things Carmel opened in 2016 in Sophia Square in response to sell Carmel-branded or Carmel-related merchandise.