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News & Analysis
Ron Henriksen has accumulated a lifetime of mergers and acquisitions
August 17, 2009
Marc D. AllanA light touch and an eye for detail have brought Ron Henriksen riches and adventure in a humble life of deal-making. And at
age 70, he has no plans to stop.
MoreArtists expanding presence in western suburbs
August 17, 2009
Kathleen McLaughlinSeveral arts groups are expanding their presence in Hendricks County, undeterred by tight budgets and a perception that residents
need to travel to Indianapolis for cultural offerings.
MoreButler launches search for more money
August 17, 2009
J.K. WallIn five years, Butler University President Bobby Fong wants to vault his school into the top 10 of the nation’s master’s
universities—schools that offer bachelor’s and master’s degrees but few doctorates.
MoreSummer program turns teens into entrepreneurs
August 17, 2009
Riya V. AnandwalaEighteen students from Indianapolis’ Haughville neighborhood sold their wares— ranging from caps and sunglasses
to purses
to home-baked cookies—as part of a summer business-education program
for low-income youth.
MoreLoan defaults could cost David Marsh his Geist home
August 17, 2009
Cory SchoutenDavid A. Marsh, the former supermarket executive and current president of the Crystal Flash convenience store chain, could
lose his 11,800-square-foot mansion on Geist Reservoir over three defaulted loans.
MoreSchumacher leads Indians to 33 straight years of profits
August 17, 2009
Anthony SchoettleMax Schumacher, now in his 52nd year with the Indians, runs a tight ship. His attention to detail and strategic thinking have
served the city's minor league baseball team well.
MorePlethora of candidates likely for symphony post
August 17, 2009
Kathleen McLaughlinThe Indianapolis Symphony Orchestra's messy split with Mario Venzago is not expected to hamstring its search for a new music
director.
MoreSchumacher prepares for eventual Indians exit
August 17, 2009
Anthony SchoettleMax Schumacher is healthy, feels good and wants to continue working for the Indianapolis Indians full time. But
with his 77th birthday approaching in October, Schumacher, chairman and president of the team, needs a succession plan.
MoreGlut of downtown office space grows
August 17, 2009
Cory SchoutenSafeco is leaving a five-building complex on North Meridian Street, and Eli Lilly and Co. has offered for lease its entire
four-building Faris campus.
MoreTenants trickling in to Purdue’s technology center
August 17, 2009
Chris O'MalleyFor a city feverishly growing its technology and life sciences sectors, it seemed a bit anticlimactic last January when
Purdue University dedicated its new technology center with only one tenant. But the lone tenant in the $12.8
million complex, FlamencoNets, a high-tech telecommunications firm, is about to get some company.
MoreLottery sales fall 11 percent as Lotto, scratch-off demand wanes
August 14, 2009
Scott OlsonThe Hoosier Lottery limped through its latest fiscal year, turning in its poorest sales performance in a half-decade due mostly
to declining demand for Hoosier Lotto tickets and scratch-off games, the Lottery said today.
MoreIU Trustees elect Fort Wayne doctor president
August 14, 2009
IBJ StaffThe Indiana University Board of Trustees have elected Fort Wayne surgeon Dr. William Cast to a two-year term as the board's
president.
MoreIndyGo adding hybrids to supervisory fleet
August 14, 2009
IBJ StaffIndyGo plans to buy six new hybrid vehicles for its transportation supervisors.
MoreDeal returns Steak n Shake to steakhouse biz
August 13, 2009
Greg AndrewsThe Steak n Shake Co.’s announcement this morning that it plans to purchase Western Sizzlin Corp. for about $23 million
puts the Indianapolis restaurant company back in the steakhouse business for the first time since exiting it nearly a decade
ago.
MoreSteak n Shake acquiring Western Sizzlin
August 13, 2009
Cory SchoutenThe Steak n Shake Co. said it plans to acquire the Western Sizzlin restaurant chain in a deal valued at $23 million.
MoreDailyMed sales trim Arcadia losses
August 13, 2009
J.K. WallArcadia Resources Inc. narrowed its losses in its most recent quarter as it started to accelerate sales in its highly-touted
DailyMed program, the company said today.
MoreCarbon Motors files for $310 million loan
August 13, 2009
IBJ StaffCarbon Motors yesterday filed for a $310 million federal loan to help it begin producing high-tech police cars in Connersville.
MoreDenver group trying to lure Republic Airways HQ
August 13, 2009
IBJ StaffIndianapolis-based Republic Airways Holdings Inc. and Southwest Airlines Co. will battle it out in a bankruptcy court auction
today for the rights to acquire Denver-based Frontier Airlines Holdings Inc.
MoreSouthwest bid for Frontier could be in trouble
August 13, 2009
Scott OlsonSouthwest Airlines Co.'s bid for Denver-based Frontier Airlines Holdings Inc. may have hit turbulence, according to the Dallas
Morning News.
MoreAbatement approval paves way for Covance jobs
August 12, 2009
Scott OlsonThe Hancock County Council this morning unanimously approved a tax-incentive agreement that should lead Covance Inc. to add
315 jobs at its Greenfield Laboratories.
MoreCook predicts blockbuster with new stent
August 12, 2009
J.K. WallBloomington-based Cook Medical has won European approval for a new artery-opening device for the legs that it predicts will
be a blockbuster.
MoreLocal company acquires monster truck series
August 11, 2009
IBJ StaffThe Promotion Co Inc., an Indianapolis-based event promoter, said today that it has acquired the Monster Nationals series
of monster-truck shows from Image Promotions Inc. in Chardon, Ohio.
MoreVet supplier promises 30 jobs in Whitestown
August 11, 2009
IBJ StaffIdaho-based MWI Veterinary Supply Inc. said today it will establish distribution operations in Indiana by leasing space in
Whitestown, creating more than 30 new jobs by the end of the year.
MoreSteak n Shake posts profit, rise in customer traffic
August 11, 2009
Scott OlsonSteak n Shake Co. late yesterday reported strong profit and big increases in customer traffic and same-store sales for its
fiscal third quarter, which ended July 1.
MoreHigh-ranking WellPoint exec stepping down
August 11, 2009
J.K. WallWellPoint Inc.'s internal audit and chief compliance officer - and highest-ranking black executive - will leave the company
later this month, according to a companywide e-mail sent out yesterday.
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So, am I now eating at Patachou or a Shake Shack?
Does the IBJ have any fact to backup their assertion that Steak n Shake is changing their branding? Or are trying to compete with the Star on how many stories they can get incorrect??
The NCAA has the authority to sanction an entire school if a single player is caught receiving unauthorized gifts. In the case of Penn State an assistant coach was sentenced to life in prison after being convicted of numerous felonies on campus, and members of the administration have been charged with covering it up. To suggest that the NCAA had no reason to get involved is laughable.
This image is of a trade show booth, not a retail store. I'm sure no one in their branding brain trust would really make their retail stores look like a second-label jeans brand from JCPenney. I would bet it's done at way so attendees know the ownership of the updated concept. (I have to say, tho, glad they appear to be losing affinity to the 50's drive-in idiom they were toying with post-Young & Laramore...)
I absolutely love the new sign. I've hated Steak N Shake for years now, but this new sign will make me eat there frequently!