Peapod to end grocery delivery in Indiana on Feb. 18
Ahold Delhaize USA, which owns the Peapod brand, said Tuesday that it is closing its Midwest division as part of a shift in strategy, in part to focus on its East Coast grocery stores.
IBJ Staff
Articles
Simon says $3.6B Taubman deal will help refresh rival’s malls
Investors on Monday morning leapt aboard the plan from Indianapolis-based Simon Property Group Inc. plan to buy rival shopping center owner Taubman Centers Inc. for $3.6 billion.
Noblesville Schools plans new $14M football, track stadium
The district said the facility will be built behind Noblesville High School on Field Drive, replacing a former transportation building.
Visit Indy sets tourism records
The city’s tourism agency brought in nearly 8 million hotel room nights in 2019 in central Indiana—an all-time record. Just more than 2 million hotel room nights were booked downtown last year. Overall, 5.32 million rooms were booked in Marion County and 7.94 million throughout the metropolitan area. Visit Indy shared the figures as part of its annual State […]
Regional airline to add base, new nonstop routes at Indianapolis International Airport
The airline, which plans to create 55 jobs and establish three nonstop routes from Indianapolis, plans to immediately begin hiring pilots, flight attendants, customer service agents, mechanics and ground personnel to support the new operations.
D.C.-area tech and marketing firm plans to open Indy office, hire up to 100 this year
U.Group formed last year through the merger of a firm specializing in government IT and another focused on digital marketing.
IU business school lands $16M gift from late alum’s foundation
The donation came from the family foundation of Brian Jellison, an Indiana University native who went on to become one of the country’s highest-paid CEOs.
Goodwill lands building donation for east-side Excel Center
Longtime commercial real estate executive Gene Zink has donated a 20,298-square-foot building at 3919 Meadows Drive to Goodwill. The Excel Center program has been leasing the 59-year-old former Bible college building near Rural and 38th streets since July 2011.
WNDY-TV to broadcast 70 Indianapolis Indians games over next two seasons
Circle City Broadcasting, the owner of WISH-TV Channel 8 and WNDY-TV Channel 23, has signed a two-year contract to air Indianapolis Indians home baseball games over the next two years.
Central Indiana existing-home sales finish 2019 with surge
Sales of existing single-family homes rose in three of the last four months of 2019 in central Indiana, capping off a sluggish year for transactions amid rising prices and low inventories.
Feds say local gaming company conspired with GOP strategist to make illegal contributions
A Republican strategist who pleaded guilty to conspiracy Thursday said in court that at least eight people were used as conduits for illegal corporate donations from an Indianapolis gaming company to former Indiana Sen. Brent Waltz when he ran for U.S. Congress in 2016.
Merchants Bancorp shuffles executive team, names new bank CEO
Carmel-based Merchants Bancorp announced several promotions Thursday that change top leadership at two of its subsidiaries, including Merchants Bank.
Kroger looks within for new president of local division
The Kroger Co. on Tuesday announced it has promoted Colleen Juergensen to take over as president of the chain’s Central division, replacing the retiring Pam Matthews.
Greeting card chain with local store going out of business
Retail chain Papyrus is closing all 254 stores in the United States and Canada, the parent company’s chief executive said Tuesday.
Acquisition merges two Indianapolis-based landscaping companies
The owners of landscaping firm Heath Outdoor LLC have acquired True North Landscaping LLC, creating an Indianapolis-based company that is expected to have 60 employees and bring in $5 million in revenue this year.
Watermark raises $105M for high-end apartment projects
Since 2010, the Indianapolis-based multifamily developer has constructed more than 40 projects consisting of more than 11,000 multifamily apartment units across 11 states.
Toyota spends extra $700M, plans another 150 jobs to cap Indiana plant project
In total, the previously announced plant transformation represents an investment of $1.3 billion and will create 550 jobs, the company said Friday. Toyota overhauled the plant so it could begin producing the 2020 Highlander.
Indianapolis-area homebuilders end 2019 with second-half surge
A big December was not quite enough to make last year’s construction pace exceed 2018’s. It was the first year since 2011 that fewer single-family building permits were filed in the area than in the previous year.
Hinchcliffe lands sponsorship with Genesys for May races
Popular auto racer James Hinchcliffe, who was abruptly ousted from his IndyCar team in October, has secured a corporate sponsorship that will allow him to drive in two races in May, including the Indy 500.
Primanti Bros. down to one local restaurant after two more closures
Primanti Bros., a Pittsburgh-based restaurant chain that entered the Indianapolis market less than four years ago, has closed its locations in Greenwood and Avon.