The impending closure will represent a huge hit to the downtown mall, which has seen a steady exodus of traditional retail tenants in recent years. Nordstrom shuttered its anchor store at the mall in 2011.
Workers at Andrews Jewelers on the second floor of the downtown mall could be seen on Monday packing up gems and baubles behind security gates.
The comeback strategy for Bon-Ton Stores includes closing a dozen Carson’s stores, although Bon-Ton hasn’t specified locations. The only Carson’s in Indianapolis is the lone anchor for Circle Centre mall.
The companies, both the result of previous mergers, would bring under one tent global brands like Dr. Pepper, 7UP, Snapple, A&W, Mott's, Sunkist and Keurig's single-serve coffee makers.
Mass Ave cocktail lounge and restaurant Broken Beaker Distillery is closing, its owner announced Thursday evening in a Facebook post.
A staple of the cultural district’s dining scene has closed following the introduction of a new operator.
Tow Yard Brewing made the move to reorganize its assets before its current lease ends and the owner of the building seeks another tenant for the space.
Deep discounting has become rampant in the athletic shoe and apparel industry—a reality that's weighing on the results of the Indianapolis-based chain.
The world’s largest toy chain is planning to close about 180 Toys “R” Us and Babies “R” Us stores nationally as part of a reorganization plan to emerge from its September bankruptcy, according to a court filing.
Sun King Brewing Co. has downsized a previous plan to build a major brewery and tasting room in Fishers. It instead plans to open a smaller facility at The Yard at Fishers District that includes culinary incubator space for the overall development.
A Marion Superior Court judge has ruled in favor of a North Carolina developer, after a neighborhood resident challenged his plans to build the project.
The bill now moves to the House, which is expected to vote soon on its own Sunday sales proposal with similar terms.
The mayor also told IBJ that the city is “prepared to look at anything and everything” that would help it secure Amazon’s planned second U.S. headquarters—as long as any action is fiscally prudent.
The Indianapolis-based mall owner had sued Starbucks, attempting to stop the coffee giant from closing dozens of Teavana locations at its properties.
The Indianapolis-based brewing company wouldn’t specify a location for the brewery, despite noting that a representative from the developer would be on hand at the Jan. 23 press conference.
The new owners of the local company—which was launched in 1988 by Bill Eckrich as part of the national Le Peep chain—plan to renovate all the restaurants.
The company said the moves that will affect more than a million hourly workers in the U.S. are tied to recently enacted tax legislation that will save it money.
Parent company Wal-Mart Stores Inc. said Thursday morning that it plans to close the stores at the end of the month as it shifts more resources into online operations.
Target Corp. emerged as a winner this holiday season, boosting its turnaround plan and pressuring rival Wal-Mart Stores Inc. to match the performance.
The Indianapolis Fire Department said no one was injured in the fire at the Just Add Water Boats winter storage facility, but every boat was destroyed.
