City hires national group to study new uses for troubled Irvington sites
The struggling Irvington Plaza retail center and vacant Ford/Visteon manufacturing site are among the neighborhood’s biggest dormant spots and redevelopment opportunities.
Retail
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CBD retailer to open as many as 108 stores in Simon malls
The first store is expected to open in Indianapolis in March at Castleton Square, Simon Property Group and Green Growth Brands announced Monday.
Toys ‘R’ Us planning second act under new name
Toys “R” Us fans in the United States should see the iconic brand re-emerge in some form by this holiday season.
Scotland-based craft-beer maker planning bar in Fountain Square
Established in 2007, BrewDog has 65 locations around the world, including 34 bars it opened last year. Indianapolis will be the second U.S. city to have a BrewDog bar.
Bankruptcy judge blesses $5.2B plan to keep Sears afloat
The approval means roughly 425 stores and 45,000 jobs will be preserved, at least for now.
City seeks walkability, better flow in Castleton
Castleton remains central Indiana’s most expansive retail corridor, but does its retail focus—and its car-centric layout—suggest trouble lies ahead?
Developer of The Yard in Fishers eyes adjacent land for another project
Thompson Thrift Retail Group has plans to purchase a combined 8.6 acres east of The Yard for a development that could include retail, office, townhomes and a boutique hotel.
District Tap eyeing expansion into downtown Indianapolis
The north-side restaurant’s owners want to create a location in the former space of Broken English Taco Pub, but their plans have been complicated by a proposed patio door.
Apple replaces Indiana native in charge of retail operations
Angela Ahrendts, who was born and raised in New Palestine in Hancock County and received her undergraduate merchandising and marketing degree from Ball State University, spent five years overseeing Apple's 506 retail stores and e-commerce operations.
Lawmakers consider changes to allow more alcohol permits in growing communities
The omnibus alcohol bill authored by Rep. Ben Smaltz, R-Auburn, would also create a special alcohol permit for a planned food hall at the Bottleworks development on Massachusetts Avenue.
Craft-beer guru planning taproom in Greenwood with ax-throwing hook
The investor group behind Tap & Axe, which includes the founder of craft-focused Hoosier Brewing Co., expects to spend more than $500,000 in the end to buy and renovate its 109-year-old downtown location.
Senate OKs bill to allow food, beverage tax in three Indy suburbs
The tax would have the biggest impact in Greenwood, where it could generate $2.5 million in 2020 and $2.6 million in 2021.
Apparel retailer with hundreds of Indy employees files for bankruptcy
Debt-burdened FullBeauty Brands has a restructuring plan ready to go that would turn over ownership to its creditors. But a federal trustee wants to tap the brakes.
Counties seek state relief from big-box retailer tax appeals
In Indiana alone, there are more than 300 pending tax appeals involving big-box retailers. County leaders are seeking a statewide legislative fix.
Helium Comedy Club set for March opening
The club, which will be the chain’s fifth, will open with a headliner who was part of the Saturday Night Live cast. Also this week: Books & Brews, Sushi Boss and Farrell’s eXtreme Bodyshaping.
UPDATE: Scotty’s Brewhouse founder faces new investor lawsuit for alleged fraud
The suit against Scott Wise alleges that two investors lost more than $1 million they had invested, due to Wise’s misleading statements and shares that were never properly registered. Wise said he didn’t mislead any investor in Scotty’s Brewhouse.
Clarks shoe store closing at Circle Centre
The downtown mall has hemorrhaged tenants in recent years, including the loss of its two department store anchors.
Longtime downtown steakhouse Shula’s preparing to close
The steakhouse, part of a chain founded by NFL coaching legend Don Shula, plans to leave the Westin Indianapolis at the end of next month.
Duckpin bowling coming to Franklin
New owner of 90-year-old building aims to add to town’s entertainment mix. Also this week: Dos Hombres Taco House, Scarlet Lane Brewing, Belle Tire, Huntington Learning Center and more.
National car dealer backs away from massive HHGregg HQ site
Napleton Auto Group says it’s still weighing its options for relocating one of its local Kia dealerships after dropping a contract to buy the former appliance chain headquarters and retail site.