Circle Centre not only option for downtown Target
If the Minneapolis-based retail giant finally takes the plunge downtown, it might be at another site that almost no one is talking about.
If the Minneapolis-based retail giant finally takes the plunge downtown, it might be at another site that almost no one is talking about.
A state Senate bill aims to provide additional alcohol permits to a handful of municipalities, and even a major mixed-use development in downtown Indianapolis.
Restaurateurs Scott and Nyla Wolf plan to open their fifth Wolfie’s Grill on the property, which has been home to several waterside restaurants over the past three decades.
One of Circle Centre’s original tenants is preparing to close, more than 22 years after entering the Indianapolis market with the downtown store.
An investor group had been pressuring Genesco Inc. to sell some of its holdings, but says it’s not happy that Zionsville-based Lids is the unit Genesco wants to divest. Meanwhile, analysts have mixed opinions about the possible sale.
Retail conglomerate Genesco Inc. said Tuesday that it has hired an outside firm to advise it in the potential sale of Zionsville-based Lids Sports Group, its weakest-performing division.
The owner of Circle Centre has sued the franchisee at least twice before. The sweet pastry purveyor then signed a 10-year lease extension in 2016.
The luxury units would accompany 120,000 square feet of retail and two hotels slated to be built on 17 acres in The Yard along 116th Street east of Interstate 69.
The National Retail Federation on Thursday said sales will be helped by an improving economy as well as the major tax reform.
After Amazon acquired Whole Foods for nearly $14 billion in August, rival grocers began preparing for the day the online retail giant would expand Whole Foods grocery delivery.
City officials say they hope to act quickly with Simon Property Group Inc. to determine the highest and best use for the Carson’s space at Circle Centre after the department store closes this spring.
The parent firm of Carson’s revealed to state officials on Monday the scope of the five store closures it announced last week. Bon-Ton Stores Inc. filed for bankruptcy protection on Sunday.
The stores employ 11,000 associates in 18 states and operate under the banners Turkey Hill, Loaf ‘N Jug, Kwik Shop, Tom Thumb and Quik Stop.
Intense demand for chicken wings from a growing roster of retailers drove up prices last year. Restaurateurs like Buffalo Wild Wings are relieved that supply has normalized again, just in time for the Super Bowl.
Serial restaurateur Mike Cunningham’s stable of eateries has swelled to 24,and he’s taking over the closed Old Point Tavern on Massachusetts Avenue and Cerulean at The Alexander hotel in CityWay.
Real estate experts disagree over whether the prominent downtown space being vacated by Carson’s makes more sense for another retailer (perhaps Target?) or for an office user.
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.