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Retail
City's last independent map retailer set to fold
May 19, 2011
Scott OlsonOdyssey Map Store in downtown Indianapolis will close Aug. 31 after a 27-year run. The owners attribute the closing to the
proliferation of GPS devices and smart phones.
MoreCommon sense might not keep you from being carded
May 15, 2011
Associated PressThe revised law that takes effect July 1 requires that only those who appear to be younger than 40 show ID when buying alcohol.
But some retailers who embraced the stricter provisions say they're not ready to give customers the benefit of the doubt.
MoreINSIDE DISH: Monon restaurant gets lesson in shifting gears
May 13, 2011
Mason King
Tim Williams learned to make big changes on the fly during the first
year of his fledgling Broad Ripple eatery, including scrapping counter service, adding a wait staff and revamping the menu.
New Fountain Square brewery shoots for August opening
May 12, 2011
Cory SchoutenThe 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.
MoreAnother setback for The Uptown as judge appoints a receiver
May 11, 2011
Cory SchoutenA Marion County judge has appointed a receiver to take control of three properties involved in a long-delayed redevelopment
proposal for College Avenue between 49th and 50th streets.
MoreNoble Roman's first-quarter profit, revenue tick up
May 11, 2011
IBJ StaffRevenue at Noble Roman's Inc. inched up in the first quarter as the Indianapolis-based franchisor continued to grow its
take-and-bake pizza operation in grocery stores.
MoreBusy chef plans new downtown Indianapolis restaurant
May 7, 2011
IBJ StaffOwner of Pizzology in Carmel to introduce new concept in East Washington Street space.
MoreMen's store Jos. A. Bank plans downtown location
May 6, 2011
Cory SchoutenThe 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.
MoreJ.D. Byrider sold to private equity firm
May 3, 2011
Scott OlsonThe Indianapolis-based used-car chain has been acquired by Altamont Capital Partners near San Francisco, in a deal Byrider
executives say will give the franchisor the necessary capital to grow.
MoreMarsh hires Price Chopper executive as chairman, CEO
May 2, 2011
IBJ StaffAs expected, grocery industry veteran Joseph M. Kelley has been named chairman, president and CEO of Marsh Supermarkets Inc.,
the Indianapolis-based company said early Monday.
MoreWatchmaker has a flair for precision
April 30, 2011
Sean MorrisonBill Rostiser has practiced watchmaking for more than half of his life. At 60, he has worked 38 years at Windsor Jewelry just
south of Monument Circle. During that time, he watched the downtown area flourish, along with the business.
MoreShort-time CFO altered course at Marsh Supermarkets
April 30, 2011
Greg AndrewsJohn Elbin forced the ailing grocery chain to confront its problems during his five months with the company.
MoreRestaurants plan Indianapolis-area expansions
April 30, 2011
IBJ StaffNew locations of various eateries are planned in Carmel, downtown, and on the north and south sides.
MoreINSIDE DISH: 'Diners' TV spot boon and bane for Jersey's Cafe
April 29, 2011
Mason King
After a massive spike in traffic sparked by a Food Network show, owner
Blair Laing must deal with food shortages, employee departures and long waits for patrons.
Simon Property results improve as store rents climb
April 29, 2011
Bloomberg NewsSimon 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.
MoreDavid Marsh fears criminal charges from IRS probe
April 26, 2011
Scott OlsonAttorneys for David Marsh say information the executive has received from the IRS suggest he might face both criminal and
civil charging stemming from expenses he submitted for reimbursement while serving as president of Marsh Supermarkets Inc.
MoreLong-vacant downtown restaurant space getting a new tenant
April 23, 2011
IBJ StaffNaked Tchopstix plans to open a location in the former home of Nicky Blaine’s in the basement of the King Cole Building.
MoreGreenwood Shoppes seeks bankruptcy reorganization
April 22, 2011
Scott OlsonThe 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.
MoreDon Marsh takes lumps as he fights on in court
April 22, 2011
Greg AndrewsDon Marsh is so hellbent on winning his legal battle with Marsh Supermarkets Inc. that he’s willing to sully his own
reputation if that’s what it takes.
MoreClosed northwest-side theater set to reopen
April 21, 2011
Scott OlsonA Chicago native and independent theater owner plans to reopen the old AMC Loews College Park 14 movie complex on April 29,
under the new moniker of Movie Buff Theatre.
MoreInsurer coveted by Biglari sold to another firm
April 21, 2011
Scott OlsonSteak n Shake's parent company, Biglari Holdings, twice tried to acquire Fremont Michigan Insuracorp Inc. before the insurer
agreed to be sold to Michigan-based Auto Club Insurance Association. Biglari, which owns nearly 10 percent of the insurer's
shares, nevertheless was a winner in the sale.
MoreSunday alcohol sales backers make final push
April 18, 2011
Francesca JaroszProposed legislation that would allow grocery stores in Indiana to sell cold beer and alcohol on Sundays faces an uphill battle
in the General Assembly.
MoreLongtime City Market tenant fighting move
April 18, 2011
Scott OlsonEnzo 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.
MorePop-up retailers emerging in Indianapolis
April 16, 2011
Marc D. AllanWith 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.
MoreINSIDE DISH: Irvington cafe knows its audience
April 15, 2011
Mason King
John Robertson swore he'd never go into the restaurant biz. Now
his comfort-food oasis is an east-side institution, in part for hemming to its historic surroundings and middle-class roots.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.