Sun King unveils restaurant lineup for Carmel distillery, tap room
Sun King Brewery on Tuesday announced plans to fill the food hall in its soon-to-open tap room and distillery in Carmel with four independently-operated eateries.
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Restaurant chain Steak n Shake posts third straight quarterly loss
The Indianapolis-based restaurant chain saw declining customer traffic and sales in the first quarter.
Students’ solution for Lafayette Square: ‘Tear it down, build industrial’
Leaders of a collegiate contest for real estate development elected the struggling west-side shopping center as a case study. The winning entry suggesting wiping the slate clean.
Restaurant chain owners in Indiana charged with underpaying taxes
The owners of a chain of restaurants in six Indiana counties have been charged with underreporting more than $8 million in sales, Marion County Prosecutor Terry Curry announced Thursday. The chain includes two restaurants in Marion County and one in Plainfield.
Negotiations leading to $558M Finish Line sale full of surprises
A new regulatory said Sports Direct International Inc., the United Kingdom-based sports-apparel retailer that was rumored for months to be on the verge of buying Indianapolis-based Finish Line, never actually wanted to buy the company.
Roundup: Pearl Street, Five Guys, Casey’s General Stores, Books & Brews and more
Low-key downtown eatery busts into Fishers; convenience store known for rural markets enters Indy.
How an Indianapolis family turned Keystone at the Crossing into real estate mecca
The Larmans’ fingerprints are all over Keystone at the Crossing—from The Fashion Mall at Keystone to a recently built $100 million mixed-use development.
Tropical Smoothie Cafe targets Indianapolis for eight eateries
The smoothie and restaurant chain plans to open two stores in Hamilton County in 2019. The franchisee is targeting Carmel and Fishers.
Celebrity chef’s burger restaurant closes its north-side location
The restaurant, created by Food Network chef Michael Symon, opened in the high-profile Ironworks development in mid-2015.
Biglari Holdings shares tumble after restructuring boosts CEO’s grip on company
The parent of Steak n Shake will create two classes of stock, allowing Sardar Biglari to make acquisitions without diluting his voting control.
Vitamin retailer GNC closing 200 stores
Like other retailers, Pittsburgh-based GNC has been struggling with a large brick-and-mortar footprint and competition from online sellers.
Online auto dealer Carvana to open 70-acre reconditioning center, create 200 jobs
Carvana got the green light to buy the land in the Mount Comfort area from struggling trucking company Celadon Group Inc., which last year abandoned plans to build a new headquarters there.
Fishers Imports to add dealership near Zionsville
The luxury, pre-owned car dealer says the new location will create more than 30 jobs and include a full service-and-parts department.
Round Room dials up massive growth in cell-phone industry with unique plan
With 2,400 employees and $2 billion in revenue, Carmel-based Round Room LLC is most assuredly not a small company. But don’t tell that to CEO Scott Moorehead.
Roundup: Kohl’s ‘rightsizing’ in Speedway, a Marsh replacement, and Kilwins Chocolates on Mass
Wisconsin-based Kohl’s said last month it will shrink about a dozen of its stores this year as part of a broader effort to reduce its bricks-and-mortar square footage.
Mr. Canary to debut new product on Home Shopping Network
The 23-year-old Carmel-based company has big expectations for its new “Bird Buffet” feeding system.
Subway plans 500 more U.S. store closings amid fierce competition
After peppering the nation with thousands of locations, closely held Subway is retrenching in the United States while adding more stores in international markets.
Old National Bank to close branch offices in Indianapolis, Carmel
Old National took over all three of the branches in 2009 when it acquired 52 Indianapolis-area Charter One offices. All but a few of those locations have since closed.
Sears stock soars as Lampert offers to buy Kenmore brand, real estate
Edward Lampert is pushing for a more aggressive breakup of Sears Holdings Corp. as the hedge-fund manager aims to salvage what’s left of the struggling retailer and stave off a potential bankruptcy filing.
World of Beer bar/restaurant set to open on Mass Ave
The establishment, located in the space formerly occupied by Mass Ave Toys, occupies 7,500 square feet over two levels—a bar and full-service restaurant on the main floor, and a second bar in the basement.