New Fountain Square brewery shoots for August opening
The owners of a new microbrewery in Fountain Square, slated to open by mid-August, plan to differentiate the business by focusing on the "convergence of art and science" in brewing.
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Men’s store Jos. A. Bank plans downtown location
The men's clothing chain Jos. A. Bank plans to open a new store at Meridian and Washington streets in a much-needed vote of confidence for street-level retail downtown.
Simon Property results improve as store rents climb
Simon Property Group Inc., the largest U.S. shopping-mall owner, said funds from operations rose 75 percent in the first quarter as retail sales climbed.
Short-time CFO altered course at Marsh Supermarkets
John Elbin forced the ailing grocery chain to confront its problems during his five months with the company.
Greenwood Shoppes seeks bankruptcy reorganization
The shopping center on U.S. 31 is the third Broadbent-operated strip mall to fall into bankruptcy and its second in Greenwood to claim financial problems.
Longtime City Market tenant fighting move
Enzo Pizza is refusing to vacate its space in the historic structure and is suing to stop construction to convert the east wing, where it’s located, into a bicycle hub.
Sunday alcohol sales backers make final push
Proposed legislation that would allow grocery stores in Indiana to sell cold beer and alcohol on Sundays faces an uphill battle in the General Assembly.
Amusement center set for Clearwater area
An entertainment venue featuring a bowling alley, concert hall and restaurant is set to replace a vacant movie theater.
Landlord seeking to evict Jillian’s over unpaid rent
The landlord of the downtown building that houses Jillian’s, which filed for bankruptcy protection earlier this week, wants the restaurant and entertainment complex out of its building, alleging the tenant owes nearly $700,000.
Hofmeister jewelry business files Chapter 11
The northeast-side retailer listed assets of nearly $3.8 million and liabilities of $5.4 million. Much of the debt includes a bank loan and money owed to suppliers for inventory.
Pop-up retailers emerging in Indianapolis
With the retail vacancy rate hovering around 13 percent locally and nationally, temporary retailers are becoming a fact of life in malls, strip malls and downtowns around the country.
Downtown Jillian’s restaurant owner files Chapter 11
Locally based FB&F Entertainment LLC, which operates downtown restaurant and entertainment complex Jillian’s, lists no assets and liabilities of nearly $2.2 million.
Marsh CEO Lazaran leaving company; successor picked
Supermarket News, citing unnamed industry sources, reported late Tuesday that former Price Chopper executive vice president Joseph Kelley would replace Frank Lazaran, who has been CEO of Marsh Supermarkets since 2006.
Indiana retailers press for online state sales tax
Indiana's retail lobby urged state lawmakers Monday to pass an online sales tax provision that they said would level the playing field for businesses in the state and raise hundreds of millions of dollars in revenue.
J.C. Penney closing warehouse, cutting 230 jobs
J.C. Penny Co. says it plans to close a warehouse in Plainfield by September 2012.
Lawmakers still at odds over alcohol ID age requirement
Indiana legislators are disagreeing about how old someone should look before they have to provide identification when buying alcohol.
Hardware store slated for Meridian Street building
City grants approval Tuesday morning for the reuse of Meridian Street building that WFYI vacated in May 2008.
Finish Line reports rise in quarterly earnings, sales
The Indianapolis-based retailer earned $34.3 million in its fiscal quarter, compared with $30.6 million a year ago. Revenue rose 2.7 percent, to $384.6 million.
Toning-shoe trend fading, but doesn’t trip up Finish Line
The toning trend in athletic shoes apparently has run its course. Sales of the oddly shaped shoes fell more than 45 percent in the fourth quarter for The Finish Line Inc., but the local retailer still posted improved profit and revenue.
LOU’S VIEWS: The closing of Borders … read it and weep
The coffee smell dissipates. The signs drop from 25%-50% off to 40%-60% off. Shelves of books migrate from soon-to-be-closed-off sections to empty shelf space elsewhere, causing category labels to lose their meaning. Customers linger, wondering if a novel unworthy of their $24 might be worthy of $12. This is how it ends for Indianapolis’ only downtown full-service bookshop.