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.
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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%.
Flaherty & Collins hires law firm partner
Kyra Rimsans had been a partner at Barnes & Thornburg.
Black Dog Brewing Co. to open in Mooresville
Black Dog will be the first craft brewery in the Morgan County town. Also this week: Ellison Brewery, The Dugout and Ale Emporium.
Grocery newcomer says market ripe for growth
Needler’s Fresh Market, which entered the Indianapolis market in 2017, says it’s so bullish on its local prospects that it’s already looking to expand here.
Local lender files $20M lawsuit against fast-food franchisee
An Indianapolis-based company that specializes in lending money to restaurant franchisees has filed suit against the operator of 70 fast-food restaurants in Indiana and three other states, claiming it breached its loan agreements.
Caito Foods faces lawsuit linked to recalled melons
A Louisville woman alleges she became ill with salmonella after eating pre-cut melon produced by Indianapolis-based Caito. The firm issued a voluntary recall last week. Kroger is a co-defendant in the case.
Mainstream retailers embrace CBD despite unproven benefits
CBD’s growing demand persists despite very little evidence for all the health claims the industry touts.
U.S. store closures this year already exceeding 2018 total
The number of closures indicates that traditional retailers are struggling to respond to shoppers' increasing shift online even as they're working hard to reinvent their businesses.
Scotty’s Brewhouse in Southport calls it quits
The closure is the second to be announced by the Indianapolis-based restaurant chain this week and the seventh since December.
Local mattress maker to test retail with Circle Centre store
Foamcraft Inc. plans to open a pop-up store in Circle Centre under the Comfort Option name. The store is initially scheduled to be a one-month endeavor, but could be there much longer if things work out.
National pizza chain plans first Indianapolis restaurant
A 43-year-old pizza chain with more than 100 restaurants in 22 states is planning its first foray into Indianapolis with a location near the airport. It also plans a Whitestown location early next year.
Majority owner of bankrupt Scotty’s plans to oust operating partner, focus on basics
The chain's performance declined after founder Scott Wise sold it in December 2016, and in recent months it has closed four restaurants and announced plans to close a fifth.
Baby’s restaurant opening in former drag club
The family-friendly restaurant, which will have a retro-diner atmosphere, will also acknowledge the space’s history as the former home of Talbott Street Nightclub.
Walmart to remodel 19 Indiana stores
Walmart on Wednesday said it plans to spend $96 million this year in Indiana to remodel 19 stores and expand some of its customer-service options and technology.
Tide Cleaners planning to open five Indy-area franchises
The best-known name in detergents is about to bring its fast-growing laundry-services business to the Indianapolis area after acquiring five local dry cleaning stores.
Scotty’s Brewhouse to close 96th Street location
The closure will be the sixth for the Indianapolis-based restaurant chain since late last year. It comes as corporate parent Scotty’s Holdings works its way through Chapter 11 bankruptcy.
Chicago-based Farmer’s Fridge coming to Indianapolis
The company sells fresh-made food via vending machines it calls “fridges.” It plans to deploy 18 machines here this month, with plans to add more over time.
Shell of former gas station on cusp of Meridian-Kessler to become office building
Real estate agent and nearby resident Kelly Lavengood says she was inspired by other rehab projects in the area to buy and renovate the former Pure Oil gas station on 38th Street.