Franchises

More franchisees join revolt over Steak n Shake menu pricing

May 1, 2013
Scott Olson
Three franchise owners filed suit last month against Steak n Shake, including two on the same day, challenging the company's policy that they say prohibits them from setting their own menu prices.
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Steak n Shake facing new suit over mandatory menu pricing

April 10, 2013
Scott Olson
Another Steak n Shake franchise owner is suing the company over its controversial practice that prohibits restaurants in the chain from setting their own menu prices, even after a federal appeals court sided with a franchisee.
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Charlie & Barney's ends 36-year restaurant run

April 3, 2013
Scott Olson
Indianapolis chain Charlie & Barney's, known for its chili, has closed its flagship downtown location, leaving it without a restaurant for the first time since its 1977 founding.
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Big Red acquires United Package Liquors

March 11, 2013
Scott Olson
Bloomington-based Big Red Liquors is expanding into Indianapolis by acquiring the assets of United Package Liquors Inc. and taking over operations of the chain’s 24 local stores.
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Penske takes over Hertz car rental locations in Indiana

March 5, 2013
J.K. Wall
Michigan-based Penske Automotive Group Inc. has acquired 20 Hertz car rental outlets in Indiana and plans to add at least five locations.
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Local Taco Bell franchisee acquired by California firm

January 16, 2013
 IBJ Staff
Southern Bells Inc., an Indianapolis-based franchisee that operates 76 regional fast-food restaurants, has been acquired by the country’s largest franchisee of Applebee’s restaurants.
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Two Scotty's to reopen as Detour American Grilles

December 22, 2012
 IBJ Staff
The owner of the restaurants, Fishers-based MSCB, switched to the new formats after terminating its contracts with the current operator, Indianapolis-based A Pots & Pans Production.
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Yats founders prepare to franchise chain across MidwestRestricted Content

November 17, 2012
Anthony Schoettle
Yats founders Joe and Regina Vuskovich decided earlier this year to grow their restaurant through franchising. Broad Ripple resident John Sutton and his sister Brittany Franken jumped at the opportunity.
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Another Broken Egg, Drake’s join local restaurant sceneRestricted Content

November 10, 2012
 IBJ Staff
Three others, including Granite City Food & Brewery, are adding to their number of Indianapolis-area locations.
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Local Ruth's Chris franchisee takes aim at breakfast

November 8, 2012
Scott Olson
The operator of the Ruth's Chris Steak House locations in Indianapolis is delving into the breakfast business by acquiring the rights to open 16 Another Broken Egg restaurants. The first is slated to open in February on the north side.
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Suzuki files bankruptcy, leaving U.S. market

November 6, 2012
 IBJ Staff and Associated Press
The decision will affect two dealerships in the Indianapolis area: Bob Rohrman's Indy Suzuki and Used Car Superstore and the Ray Skillman Westside Auto Mall, both of which sell new Suzuki vehicles.
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Broncos' Manning to own 21 Papa John's pizza franchises

October 27, 2012
Bloomberg News
Peyton Manning will be introduced as the company's newest franchisee in the Denver area during a television spot with Papa John's Chief Executive John Schnatter on Sunday during the telecast of NBC's "Football Night in America."
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Court rules Steak n Shake broke pact with ad agency

September 26, 2012
Anthony Schoettle
A District Court in Indiana this week ruled that Steak n Shake in 2009 breached its $4.36 million contract with its former advertising agency, Georgia-based Varnson Group.
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HHGregg shares slide as company abandons Michigan plans

September 26, 2012
Scott Olson
The stock price of the Indianapolis-based appliance and electronics retailer fell by more than 18 percent this week after the company disclosed that it is postponing plans to open stores in Michigan.
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Noble Roman's takes on take-and-bake formatRestricted Content

September 22, 2012
Anthony Schoettle
Noble Roman’s Inc. has baked up an idea to expand its franchising opportunities nationwide and dramatically increase revenue. The Indianapolis-based pizza company is rolling out plans for a stand-alone, take-and-bake concept designed to rival Papa Murphy’s.
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Steak n Shake loses appeal over franchisee’s pricing

August 24, 2012
Indiana Lawyer Staff
A longtime Steak n Shake franchisee who sued the chain after it insisted on setting prices for menu items prevailed again Friday as the 7th Circuit Court of Appeals affirmed an Illinois federal court’s ruling in the franchisee’s favor.
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Steak n Shake customer traffic up in latest quarter

August 14, 2012
Biglari Holdings Inc., parent of Steak n Shake, said Friday that customer traffic to the restaurant chain grew 2.2 percent during the quarter ended July 4, boosting same-store sales 2.9 percent.
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Steak n Shake woos real estate pros

May 23, 2012
Cory Schouten
Steak n Shake made a big splash at the International Council of Shopping Centers deal-making convention in Las Vegas as it pushes an aggressive plan to grow via franchising.
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Federal court to hear Steak n Shake franchisee appeal

May 21, 2012
Scott Olson
The case involves an Illinois franchisee of Steak n Shake that successfully sued the company over its mandatory menu and pricing policies. The company's appeal is set to be heard Wednesday by a federal appeals court in Chicago.
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Signature Inns founder plans auto-care franchises

May 17, 2012
Scott Olson
Honest-1 Auto Care hopes to open as many as 20 shops in Indiana over five to seven years and has tapped the founder of the Signature Inns chain to help lead the effort.
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First-quarter profit, revenue flat for Noble Roman’s

May 15, 2012
The pizza franchisor earned $365,079 in the quarter ended March 31. But it continues to see more growth from take-n-bake products in grocery stores.
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Noble Roman's top investor loses Green Mountain chair

May 9, 2012
Bloomberg News
Green Mountain Coffee Roasters Inc. has stripped founder Robert P. Stiller of his position as chairman after he sold shares to meet a margin call at a time when the company’s trading policies prohibited such sales.
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Popeyes plans new restaurants in Indianapolis area

April 4, 2012
Staff Report
Atlanta-based restaurant chain discloses most of the seven to nine new restaurants planned this year will be in the Indianapolis area.
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Local Golden Corral locations change hands

March 25, 2012
Six area all-you-can-eat restaurants owned by Cincinnati-based Frisch's Restaurants Inc. will be sold to North Carolina firm.
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Purdue graduate takes top job at McDonald's

March 22, 2012
Bloomberg News
McDonald’s Corp. said Chief Operating Officer Don Thompson, who grew up in Indianapolis and graduated from Purdue University, will take over as CEO, becoming the first black chief of the world’s largest restaurant chain.
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  1. First, let me say that I love the idea of communities being self-sufficient and people in the community not needing cars, living, working and shopping all in their neighborhood. To sum it up; I love good urban planning and hate urban sprawl. However, there are two reasons that I am against this development. First, this building doesn't fit. Density can occur in Ripple by building up top the street and better use of land. The scale of this project should be downtown. Secondly, I would be willing to bet that if a whole foods in Ripple is built, the Nora store would be closed. Here's my reasoning. The Nora Whole Foods expansion plans have been put on hold. I'm guessing they are waiting to see what happens with the Ripple proposal. Communities next to each other should work together to end sprawl and not work against each other and take other neighbors assets. Develop something both communities can be proud of and will attract more development and density. There's my soap box for the day.

  2. My apologies, Lou - it was the Indy Star that printed cost for entertaining "celebrities" during Indy 500. Sorry for confusing the always timely IBJ with Indy's Gannett reprint news source.

  3. That's fine if you want a grocery store that has festivals and live music. I guess with the prices they charge, they can afford to host such activities. As for me, I choose to spend my money more wisely and if I want to go to a festival or a concert, I will pay for that separately - not through my grocery bill.

  4. TIF is not just to attract development but to attract a higher use for that development. Carmel wisely is using TIF for numerous public parking garages. Asphalt seas of parking pay little taxes and bring even less value to a commercial area. Also density is what is going to save Indy and Broad Ripple. The days of trying to compete with burbs are long gone.

  5. The Prestige was an awesome movie.

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