Companies seek refunds from tariffs as Supreme Court decision looms
At issue in the pair of combined cases before the Supreme Court is whether the president exceeded his authority by relying on a 1977 law to impose the tariffs.
Retail
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IBJ Podcast: Buc-ee’s, Wally’s and Wawa converge on Indy as convenience stores become cultural forces
A national retailing expert explains what to expect from the three chains, how their business models work and why they see opportunity in central Indiana.
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IBJ’s 2025 Executive Gift Guide
Welcome to the IBJ newsroom’s second annual Executive Gift Guide, a list that we hope will help you find the perfect thing for someone important in your life.
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Wally’s hoping to open $30M travel center off I-65 in Boone County by Memorial Day
The Whitestown site will be home to Wally’s third and largest travel center.
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With Indianapolis Melting Pot honored as best in chain, franchisee eyes expansion
Melting Pot launched in Florida in 1975, when communal dining associated with fondue was a prominent social trend.
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Articles
Holiday shopping at small businesses driven by online sales, social media focus
Small businesses are being impacted by economic instability, despite national predictions that call for record spending at small businesses this holiday season.
Food-production firm to close Indianapolis plant, terminate 168 employees
The Lancaster, Texas-based company, which makes heat-and-serve meals for grocers, was involved in a major recall of its products this year due to a deadly outbreak of listeria infections.
UPDATE: Metropolitan Development Commission approves east-side Wawa project
Convenience store chain Wawa has the go-ahead to build a location along IndyGo’s future Blue Line route after receiving a variance of development standards for the proposed project.
Costco sues Trump administration over tariffs, seeks full refund
Costco joins dozens of other companies including motorcycle manufacturer Kawasaki and canned foods maker Bumble Bee that have filed suits seeking tariff refunds.
Cyber Monday could break spending records despite economic uncertainty
Across the holiday season, “hot sellers” will include gaming consoles such as the Nintendo Switch 2 and toys-turned-fashion statements like Labubu Dolls.
Shoppers spend billions online on Black Friday, despite wider economic uncertainty
Consumers have turned to online deals to make post-Thanksgiving purchases from the comfort of their own homes—or opt to stretch out spending across longer promotions now offered by retailers.
Pastry chef Cindy Hawkins finally captures title of ‘dessert world champion’
After placing in the Top 10 at four previous editions of the World Food Championships competition for chefs, Cindy Hawkins didn’t have to settle for “nearly victorious” status in 2025.
Retail, restaurant sales ticked up in September
Several retailers issued positive reports Tuesday, including electronics chair Best Buy, Kohl’s, Abercrombie & Fitch Co. and Dick’s Sporting Goods
Struggling Kohl’s names 4th CEO in as many years in attempt to staunch sales slide
Kohl’s has more than 40 stores in Indiana, including 14 in the Indianapolis area.
Uncertainty lingers for Jack’s Donuts franchisees
News of the corporate bankruptcy has led to questions for franchisees from their worried customers and employees over the past few weeks.
Punch Bowl Social faces eviction amid unpaid-rent lawsuit by Circle Centre owner
Hendricks Commercial Properties is asking the court to permit it to move forward with evicting Punch Bowl from its space and to collect unpaid rent, late charges, attorney fees, interest and other legal expenses.
‘Culture of chaos’: Indiana hemp industry on edge as federal lawmakers ban delta-8 products
Tied up in the bill that ended the 43-day shutdown was language that bans almost all hemp-derived products starting in November 2026.
Walmart raises profit expectations as more Americans hunt deals
While other retailers dial back projections, the nation’s largest retailer—and Indiana’s largest employer—raised its financial outlook Thursday after its strong third quarter, setting itself up for a strong holiday shopping season.
Trump scraps tariffs on beef, coffee, tropical fruit in a push to lower grocery store prices
Trump has built his second term in part around imposing steep levies on goods imported into the U.S. in hopes of encouraging domestic production and lifting the U.S. economy.
Broad Ripple stakeholders pursue plan to revitalize neighborhood
New nonprofit Friends of Broad Ripple Village hopes to end a stagnant commercial era for the neighborhood.
Irvington could become site of city’s first DORA
Designated outdoor refreshment areas, or DORAs, have been widely established across the state since a law creating them was passed in 2023. But Indianapolis doesn’t yet have one.
Jack’s Donuts seeks to sell corporate assets in bankruptcy
Jack’s Donuts, which filed for bankruptcy reorganization in late October, is now seeking court permission to sell off its corporate assets to a stalking horse bidder.
Mesh on Mass to close after 15-year run
Cunningham Restaurant Group said it was unable to reach an agreement on a long-term lease for the restaurant with the building’s owner.
Wendy’s to close hundreds of stores in effort to boost profit
The new round of planned closures comes on top of the closure of 240 U.S. Wendy’s locations in 2024.