Rose & Remington women’s boutique entering Indianapolis market
The Ohio-based boutique chain, established in 2013, plans to open three stores in local malls this year.
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Thompson Thrift plans townhomes, hotel for land adjacent to The Yard
Thompson Thrift Retail Group now has firmer plans for developing land adjacent to The Yard at Fishers District as the project moves forward in the zoning process. The plan moved forward in the approval process Wednesday night.
Jiffy Lube selects artists for mural project
The five Indiana artists will paint murals at area Jiffy Lubes as part of the chain’s Every Part Matters public art project.
Dollar Tree to close up to 390 Family Dollar stores
In central Indiana, there are 48 Family Dollar stores and 38 Dollar Tree stores within 25 miles of downtown Indianapolis.
Metazoa Brewing Co. to open Broad Ripple taproom
Metazoa plans to build its taproom on a site along the canal, just east of The Coil apartment building.
Papa John’s founder to quit board, drop suit in settlement
As recently as last month, it had appeared John Schnatter wasn’t going to release his grip on the company without a fight.
Two local Rally’s shut down after health code violations
Health code inspections in recent months have found numerous violations at the fast-food restaurants.
Kroger plans to widen Visa ban as premium-card fees hurt margins
Kroger Co., the biggest U.S. supermarket chain, plans to widen a ban on Visa Inc. credit cards. And the grocer hasn’t ruled out expanding the ban to include all of its stores.
Amazon planning to open dozens of grocery stores, WSJ reports
Amazon.com Inc. plans to open dozens of grocery stores in U.S. cities, The Wall Street Journal reported Friday, a move that would expand its grocery footprint beyond its Whole Foods Market chain. Shares of food retailers all fell on the news.
Walmart to make ‘every effort’ to keep disabled greeters
Greg Foran, president and CEO of Walmart’s U.S. stores, said in a memo to store managers Thursday night that “we are taking some specific steps to support” greeters with disabilities.
Gap to close 230 stores, spin off Old Navy into new public company
The Gap brand has struggled as part of a broader slump for brick and mortar retailers, even as the lower-priced Old Navy brand has resonated with discount shoppers.
Walmart’s plan to get rid of greeters has disabled workers worried
Walmart, America's largest private employer, is facing a backlash as customers rally around some of the chain's most visible and beloved employees.
J.C. Penney to close more stores as sales deteriorate
The retailer’s profit tumbled nearly 70 percent and revenue slid 8 percent in the fourth quarter, the most crucial period of the year for retailers who bank on a surge in holiday sales.
Victoria’s Secret to close 53 stores after poor Christmas performance
Columbus, Ohio-based owner L Brands Inc. operates 957 Victoria’s Secret shops in the United States, including eight mall stores in the Indianapolis area.
Porto’s Peri Peri making Indy debut
The Portuguese chicken chain, started in Chicago, will open a restaurant in Castleton. Also this week: Chef Tia & Co., HoiTea ToiTea, The Playful Soul, Valvoline Instant Oil Change and Ross Dress for Less.
Kraft Heinz hit with federal probe, huge quarterly loss as consumers flee brands
The food manufacturer says it will slash the value of its Oscar Mayer and Kraft brands by $15.4 billion, an acknowledgment that changing consumer tastes have destroyed the value of some of the company’s most iconic products.
Rebar Indy to relaunch in downtown location under new ownership
Formerly of Mile Square Bistro and The Vanguard, chef Charles Mereday plans to debut his revised version of the upscale burger and beer joint as soon as this weekend.
Mexican-fusion eatery Comida opens in The Ambassador
The space just north of Central Library formerly housed Plow & Anchor and other restaurants. Also this week: The Barre Code, Orangetheory Fitness, Target and Claire’s.
Kite Realty to unload up to $500M in properties
The Indianapolis-based retail real estate firm hopes to pay down debt, improve the quality of its assets and focus on preferred markets. Its shares fell on Wednesday after it revealed the plan and underwhelming quarterly results.
IBJ Podcast: Chef Hardesty’s new SoBro project isn’t a traditional restaurant but you can get a meal there
Renown local chef Greg Hardesty talks about his plans to offer private dining, a coffee bar, pop-up meals and more—even a service to supply home chefs with hard-to-find ingredients.