Simon’s acquisition offer is only 6.6 percent higher than Macerich’s average price in the previous 20 days. One reason the premium looks miniscule is because Macerich’s stock had already jumped 24 percent since November on takeover speculation fanned by Simon.
An auction to liquidate millions of dollars in inventory from now-defunct retailer Clark Appliance has been scheduled for March 28-29, Indianapolis-based Key Auctioneers announced Friday.
Beer and pizza—a classic combination and a pairing that might help revive the retail portion of the Village of West Clay in Carmel.
A former top executive at the Cincinnati company behind dozens of Frisch's Big Boy restaurants is denying that he embezzled $3.3 million as the company alleges.
Several owners of vaping-related businesses told Senate committee members it would cost them thousands of dollars to comply with the proposed regulations.
The Minneapolis-based discounter with 12 Indianapolis-area stores hopes to become more agile to compete in an increasingly competitive landscape and appeal to shoppers who are buying and researching on their mobile devices.
Lawmakers involved in the debate over how to curb Indiana's methamphetamine problem say a bill that would require drug felons to get a prescription before buying common cold medicine is likely just another step toward an eventual prescription requirement for all consumers.
Founder Jerry Rezny thinks craft soft drinks can disrupt the soft drink industry just as craft beer shook up establishers brewers.
Simon, the biggest U.S. mall owner, will contribute $278.5 million and have a stake of 20 percent in the joint venture with Canada’s oldest company.
The Indiana Senate passed a bill 46-3 on Tuesday that would make it more difficult for criminals to purchase products used in the production of meth.
Indiana will keep the distinction of being the last state with a "blue law" banning Sunday carry-out alcohol sales after the sponsor of a bill that would have lifted the ban said Tuesday the measure is dead.
Bill author Tom Dermody, R-LaPorte, said Tuesday morning that he doesn’t have the votes to move the bill to the Senate, largely because it includes new restrictions on the way alcohol could be sold at drug stores, big-box stores and other retailers.
An effort to dial back proposed restrictions on grocery, convenience and drug stores in a bill that would legalize Sunday carryout alcohol sales was narrowly defeated Thursday in the Indiana House.
In July, Tiffany Turner and her husband, Steve Young, bought Kennedy Hardware, a three-decade-old enterprise that’s a superstar in its sales niche—supplying highly specialized bits of hardware for rehabilitating antique furniture.
The proposal to legalize Sunday carry-out alcohol sales in Indiana now could force grocery stores and pharmacies to follow the same regulations as liquor stores.
SteadyServ, the local firm behind the iKeg smart beer-management system, now plans to move into at least six new markets outside the Midwest.
The retailer is asking the city to rezone nearly 11 acres on County Line Road near Emerson Avenue to build the store, fueling center and tire center.
The bill comes as assessors around the state worry that recent Indiana Board of Tax Review decisions in favor of Meijer and Kohl’s will force them to slash the value of big-box stores during the upcoming spring assessment cycle.
RadioShack Corp. can start getting rid of its inventory right away, a judge said in approving the 94-year-old consumer-electronics chain’s request to begin store-closing sales. The list includes more than a dozen local stores.
Cache Inc., which has a store in the Fashion Mall at Keystone, has filed for Chapter 11 protection and might liquidate its inventory. Simon Property Group is the retailer’s largest creditor.
