Posh downtown restaurant in Alexander hotel closing at end of month
The owner announced on Friday that the Asian-inspired fine-dining establishment will stop serving on Dec. 31, after a five-year run in the CityWay development.
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Lids’ poor performance leads parent firm to cut outlook
Genesco’s stock price fell by 20 percent Friday morning after Zionsville-based Lids Sports Group reported a 9.5 percent drop in sales, prompting the parent company to reduce its full-year outlook.
Cajun eatery in Fountain Square to close before Christmas
In a Facebook post, B’s Po Boy said it couldn’t maintain enough business year-round to stay open.
Carmel’s holiday market, ice rink draw big crowds in opening days
The Carmel Christkindlmarkt and Ice at Center Green attracted 48,000 visitors during the first five days they were open, the city said. And market sales were “robust,” organizers said.
Arby’s owner agrees to acquire Buffalo Wild Wings for $2.4 billion
Roark Capital is likely to focus first on improving Buffalo Wild Wings’ food and operations, which should be easy fixes for a firm that experienced in the restaurant industry, an analyst said.
Familiar faces return to Greek dining mainstay
The owners of the Fountain Square institution are back to handling daily operations, after turning management over to an outside company in September.
Shoppers take to their phones for Cyber Monday deals
More people are picking up their phones to shop on Cyber Monday: Web traffic from mobile devices, including tablets, was expected to top desktop computers for the first time this year.
Chatterbox, a bar that’s barely changed, has helped transform Mass Ave
When David Andrichik bought the Chatterbox in 1982, it sat on a street pocked with second-floor sleeping rooms and grungy storefront businesses.
After bumpy year, retailers see cause for holiday optimism
The National Retail Federation is projecting holiday retail sales will increase 4 percent over last year, to $682 billion, on stronger employment and rising incomes.
Pizza restaurant in downtown Fishers abruptly closes
The North Carolina-based chain signed on as the anchor tenant to a key $42 million apartment and retail project in July 2014.
Too many turkeys, cranberries should mean cheaper Thanksgiving
Thanks to an oversupply, there should be plenty of turkey for second helpings this Thanksgiving. Not to mention cranberries.
Andretti Autosport sued over sponsorship money from HHGregg
A group representing the unsecured creditors of HHGregg has filed suit against Andretti Autosport in an attempt to claw back nearly $1.5 million in sponsorship money the now-defunct retailer paid the racing team in the months leading up to its bankruptcy.
Northwest-side hotel, water park shuts down
The once-popular Caribbean Cove has closed its doors, along with the national chain restaurant that operated within the hotel.
Plan to develop 211 acres at Fishers airport site takes flight
Local officials say the land, part of Indianapolis Metropolitan Airport, could house up to 1 million square feet of new commercial development under a plan approved on Friday.
Carson’s parent Bon-Ton planning to close 40 stores
Bon-Ton, which operates 260 department stores under several names across 24 states, has just one store in Indianapolis, but that store is the only anchor in Circle Centre mall.
Packaging firm BoxUp capitalizing on ‘unboxing’ trend
Indiana-based BoxUp lets consumers customize cardboard boxes with their own logos, photos and designs and then order small (or large) quantities with a few clicks of the mouse.
Pizza restaurant in Carmel closing; owners blame traffic woes
The owners of a 16-year-old pizza and sandwich eatery in Carmel say the massive U.S. 31 reconstruction project “gutted” their business, leaving them with no choice but to close.
Brookfield bids $14.8B to acquire rest of Simon mall rival GGP
GGP, formerly known as General Growth Properties, is the second-largest shopping mall company behind Indianapolis-based Simon Property Group. Simon tried to acquire GGP in 2010.
Two groups make deal on Sunday booze sales
Two powerful lobbying groups say they have resolved differences that previously led state lawmakers to give up on efforts to overturn the Prohibition-era Sunday carryout sales ban.
Giordano’s hopes to delve deeper into Indy with third location
The pizza purveyor’s move to establish a south-side location mirrors the plans of Portillo’s, another Chicagoland staple that recently entered the Indianapolis market with a north-side restaurant.