Babies ‘R’ Us demise sets off scramble for baby registries
The liquidation of Toys “R” Us Inc. has raised a big question: What happens to all the customers who had baby registries at the soon-to-be-defunct retailer?
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Santorini Greek Kitchen closing after 17 years in Fountain Square
Owners Taki and Jeanette Sawi said the restaurant’s last day of operations will be Saturday, but some of the eatery’s menu items will still be available at another venue.
Brookfield Property to buy Simon Property rival for $9.25 billion
GGP Inc., known as General Growth Properties until changing the name a year ago, is the second-largest U.S. shopping mall owner behind Indianapolis-based Simon Property Group.
Finish Line’s merger with British suitor could pose challenge to Foot Locker
Combining Indianapolis-based Finish Line Inc. and JD Sports Fashion from across the pond could create a firm within striding distance of the sports apparel industry’s heavyweight, according to an analyst.
United Kingdom retailer buying Finish Line for $558M
The purchaser is not Sports Direct International, a United Kingdom-based firm that began buying up Finish Line shares last year, but rather its top rival, JD Sports.
Sources say Kroger-Target merger report not accurate
Shares of Target Corp. and Kroger Co. jumped Friday morning after a business newsletter reported that the two retailers were in talks to merge. But several other media outlets said there was no truth to the report.
Macy’s to open new outlet concept at local shopping center
The retailer is bringing its Macy’s Backstage concept to the Indianapolis area, with an opening set for April 14. The concept has been credited with revitalizing sales at dozens of Macy’s locations.
Q&A: Kroger manager ‘came with the building’
When Marsh moved Larry Schultz out of its Mass Ave store years ago, customers threw a fit. Kroger was smart enough to make him manager of its new downtown store.
Crust pizzeria in Carmel to become Fat Dan’s Deli
It will be the third location for Fat Dan’s, a Chicago-style deli that also operates downtown and near Broad Ripple. The owner is taking his time with the transition to get to know the Carmel market.
Downtown Indy Inc. launching ‘pop-up’ retail program
The goal is to showcase—and hopefully fill—some now-vacant downtown retail spaces. Artists and vendors are being recruited, and the pop-up spaces should be active in May.
Amazon’s Whole Foods acquisition already shaking up grocery business
Amazon.com’s Inc.’s acquisition of Whole Foods Market—the national grocery chain that is opening its third local store in downtown Indianapolis on Wednesday—has sparked major disruptions in the grocery industry in the short time since the deal closed in late August.
New Le Peep operator zeroes in on sixth area eatery
Le Peep Restaurants of Indiana was acquired in January by a local investment group intent on making some improvements to the Indianapolis-area restaurants.
Discount grocer Aldi coming to former Marsh site in Nora
The Marsh closed in April 2017 as the grocer teetered toward bankruptcy. Meanwhile, Aldi is on a tear with its plans to modernize existing stores and open new ones.
Simon among landlords that will have to deal with Toys ‘R’ Us properties
The collapse of Toys “R” Us Inc. is yet another blow for landlords—including Indianapolis-based Simon Property Group—who now will have gaping holes of suburban retail space up for grabs. And few tenants would want them.
Honky-tonk restaurant, music venue coming to near-south side
Duke’s Indy plans to open this month in the building that formerly housed the Ice House restaurant, which recently closed after 34 years in business.
Demise of Toys ‘R’ Us will force toy makers, landlords to scramble
The company’s troubles have affected toy makers Mattel and Hasbro, which are big suppliers to the chain. But the likely liquidation will have a more significant impact on smaller toy makers that rely more on the chain for sales.
Roundup: Kimbal Musk eateries opening soon; Aldi remodelings continue
The new Musk restaurants include Hedge Row on Mass Ave and Next Door in Meridian-Kessler. Also this week: Aldi stores spruce up, electrical supply stores enter the Indianapolis market, and more.
Toys ‘R’ Us to liquidate U.S. operations, CEO tells employees
Toys “R” Us plans to shut down its U.S. operations, eliminating the jobs of some 30,000 employees while spelling the end for a 70-year-old retailer known to generations of children and parents for its sprawling stores and Geoffrey the giraffe mascot.
Man skipping out on tab leaves downtown restaurateur critically hurt
The attack that took place Tuesday afternoon at Acapulco Joe's, 365 N. Illinois St., left 57-year-old owner Grant Redmond unconscious with a blood clot on his brain that required surgery.
Thompson Thrift deviates from playbook with restaurant-anchored Fishers project
The $110 million Yard at Fishers District will feature about 15 restaurants, including two St. Elmo-owned concepts; a Sun King tasting room; a dual-branded hotel; and hundreds of apartments.