Mass Ave distillery, eatery calling it quits
Mass Ave cocktail lounge and restaurant Broken Beaker Distillery is closing, its owner announced Thursday evening in a Facebook post.
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Mass Ave brunch spot abruptly closes
A staple of the cultural district’s dining scene has closed following the introduction of a new operator.
Downtown microbrewery files for Chapter 11 to avoid eviction
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.
Finish Line stock up, but underlying challenges remain
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.
Two local stores on Toys ‘R’ Us bankruptcy closure list
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 plans specialty brewery, taproom at Yard in Fishers
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.
Judge: Developer can proceed with residential-retail project in Chatham Arch
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.
Indiana Senate approves carryout Sunday alcohol sales bill
The bill now moves to the House, which is expected to vote soon on its own Sunday sales proposal with similar terms.
Hogsett says Amazon bid focuses more on quality of life than sites, incentives
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.
Simon settles suit with Starbucks over closing Teavana stores
The Indianapolis-based mall owner had sued Starbucks, attempting to stop the coffee giant from closing dozens of Teavana locations at its properties.
Sun King to announce plans for Fishers brewery with developer of The Yard
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.
Five-restaurant Le Peep owner changes hands
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.
Walmart boosts starting pay to $11 an hour, offers bonuses
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.
Sam’s Club closing two Indianapolis stores
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 shares rise after brisk holiday sales help boost forecast
Target Corp. emerged as a winner this holiday season, boosting its turnaround plan and pressuring rival Wal-Mart Stores Inc. to match the performance.
Fire destroys 75 boats at Indianapolis storage facility
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.
British retailer boosts Finish Line stake to 35 percent
Sports Direct International again has increased its holdings in the Indianapolis-based athletic shoe and apparel retailer.
Kohl’s joins holiday party with rebounding department stores
Kohl's put up big sales numbers throughout November and December, joining J.C. Penney and Macy’s in a much-needed holiday rally for traditional retailers.
The Yard in Fishers adds third eatery to complex’s lineup
A Miami-based operator plans to break ground this year on a vegan-friendly eatery and juice purveyor that might seed several other locations in the Indy area.
Two former Gander Mountain stores to reopen locally under new name
The new owner of retailer Gander Mountain plans to reopen at least 69 stores this year under the name Gander Outdoors. Two area stores are set to reopen in early February to early March, but the future is unclear for two others.