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.
The downtown mall has hemorrhaged tenants in recent years, including the loss of its two department store anchors.
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.
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.
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.
The acquisition continues a partnership that began two years ago when Flat12 Bierwerks began brewing all of Books & Brews’ flagship and seasonal beers.
A group composed of a former medical equipment executive, Indiana’s former secretary of commerce and the chairman of the Indiana Republican Party has acquired Save-On Liquors.
The Chicago-based auto group that entered the Indianapolis market with a big splash in 2017 has requested a zoning change for the mammoth HHGregg property that would include car sales and repair.
When the location opened in 1999, Hard Rock was still considered a fashionable brand and a good get for a downtown in the midst of a renaissance powered in part by Circle Centre mall.
The online retailer of plus-size women’s apparel with a deep history in Indianapolis and nearly half its workers here is attempting to extricate itself from a debt load of $1.3 billion.
Airport officials have reached lease agreements covering 19 retailers, the first wave of deals negotiated as part of the airport’s concessions refresh program. The airport authority’s board is set to vote on the contracts Friday.
A longtime local chef and his wife plan to open a fast-casual spot for breakfast and lunch, as well as a dinner restaurant. The iconic flatiron building also will include space for private events.
With a bid of more than $5 billion, Eddie Lampert has won a bankruptcy auction for Sears with a plan that will keep the retailer in business and seek to save tens of thousands of jobs.
This would be the second bankruptcy for the children’s clothing retailer in less than two years, but the chances for survival look very slim.
Full-service restaurants, facing higher labor and food costs, raised prices by the largest amount in more than seven years in December, a Labor Department report released Friday shows.
Shares in Macy’s and Kohl’s plunged Thursday after they reported weaker-than-expected holiday results. Target, however, had a jolly Christmas season.
Fresh Encounter Inc. purchased 15 former Marsh Supermarkets locations in 2017 and renamed all but one of them Needler’s Fresh Market. Now, the Geist location is closing for good.
A St. Vincent de Paul store and coffee shop will occupy the space. Also this week: Bovaconti Coffee, My Sugar Pie, Simply Divine Cupcakes and Starbucks.
Stage Stores Inc., a Houston-based retailer that operates nearly 800 stores nationwide, plans to close six Goody’s stores in central Indiana next month and replace them with Gordmans stores in March.
Sears received another possible lifeline Tuesday when the company's chairman and largest shareholder promised to line up the necessary financing to keep the struggling department store chain afloat.
