A team of investigators spent the summer trying to answer what should have been a simple question: What were hundreds of thousands of sheets sold by big retailers like Target and Walmart actually made of?
Sophia’s on Southport Road near Madison Avenue is opening ahead of a big expansion for a dental claims processor and the construction of an $11 million senior living facility.
Shares of J.C. Penney slumped Friday after the department store chain with five local stores reported sluggish third-quarter sales, particularly in apparel, and cut its forecast for the remainder of the year.
Indiana-based Womack Restaurants began its association with the Atlanta-based chicken chain in 2014 and also has locations in Missouri, Kansas and Oklahoma.
The retailer, which operates 14 stores in the Indianapolis area, recently bought a massive distribution center in Plainfield that it plans to use in its strategy to boost online sales.
Thanksgiving Day shopping isn’t going away, but some stores are rethinking their strategies on whether it makes sense to be open on the holiday itself.
The Indianapolis-based appliance and electronics retailer suffered another money-losing quarter, though its strategy to focus more on appliances is making headway.
Sales at established Steak n Shake restaurants rose slightly in the latest quarter following disappointing results last period that snapped a streak of 29 consecutive quarterly increases dating to 2009.
Upbeat holiday shopping forecasts are giving retailers reason to cheer despite nagging signs that consumers are spending less at malls and instead opting for online outlets.
Cubs fans had been waiting more than a century for this triumph, and the rush for celebratory merchandise is on. Zionsville-based Lids Sports Group is using extra workers to make sure key stores have caps available as soon as possible.
The specialty running-shoe division, which operates 70 stores under various names, could draw interest from private equity firms and other sporting-goods chains.
The yet-to-be-named restaurant will occupy 5,500 square feet in Gershman Partners’ Marietta building under construction next to the Marott Center.
Buffalo Wild Wings hopes to open 15 to 20 R Taco locations in the metropolitan area as soon as possible and is seeking franchisees with multi-restaurant experience to lead the growth.
Keith Zimmerman had been with the struggling Indianapolis-based chain since December 2014. A senior executive said HHGregg has begun the search for a new chief merchandising officer who will "move a little faster" and bring greater creativity to the job.
Local officials are taking steps to preserve the vacant land surrounding the 35-acre Ikea site near Interstate 69 and 116th Street for office development.
The sale is intended to resolve a lawsuit filed by Wells Fargo Bank that accused Hofmeister of defaulting on a $2.3 million mortgage on the building.
The Indianapolis-based real estate company reported higher occupancy and rental rates at its shopping malls in the third quarter.
The ex-wife of former Subway pitchman Jared Fogle has filed suit against the fast-food sandwich chain, alleging executives knew about Fogle’s sexual attraction to young children as early as 2004 and stayed quiet about his pedophile predilections to preserve his role as a “cash cow” for the company.
Shares in Taubman Centers Inc. surged Wednesday, one day after Jonathan Litt, an activist investor known for targeting real estate companies, pushed for the mall owner to cut costs or consider a sale of the company.
In a Facebook post, the owner said he will now be focusing on a new business, Square Cat Vinyl, where “we won’t be serving doughnuts, but we will be serving vinyl records, coffee, and beer.”
