The Illinois-based video rental chain, which opened its first store in 1978, outlasted competitors Blockbuster, Movie Gallery and Hollywood Video, but said it could not withstand the disruptions caused by COVID-19.
A five-mile stretch of State Road 37 will be closed most of this year because of work on Interstate 69, and many local businesses expect a big influx of traffic through downtown as a result.
The North Carolina-based retailer hasn’t had any stores in the Indianapolis market since at least 2011, but it recently filed plans for a store in Castleton.
The Indy Chamber is in the early stages of a $6.1 million, five-year, online effort whose goal is easy to understand but tricky to achieve: Persuade people to move here.
Like Delta, Kraus USA makes sinks, faucets and other accessories for kitchens and bathrooms. Delta also was attracted by Kraus’ strong online retail presence.
The company, which opened a location in downtown Indianapolis in 2016, describes its business as being in a “mothballed period” and said that it anticipates reopening venues “once it is safe to do so.”
The east-side site, at 9503 E. 33rd St., will serve as an additional location for IndyGo, which has outgrown its current West Washington Street headquarters.
Kroger, which anchors one end of the Brownsburg Square shopping center, will tear down the former Kmart at the other end of the plaza and build a new grocery store there. Plans call for several small retailers to backfill the existing Kroger store once the grocer moves to the new spot.
Prosecutors say Daniel R. Fruits, 46, defrauded his former employer out of millions of dollars that he spent on real estate, cars, Rolex watches, escort services and other items.
The company said it would use the savings from the closures to beef up its digital banking and in-branch technology initiatives.
Cummins announced last year that it planned to build a $35 million office building at the corner of Interstate 65 and County Line Road, but the pandemic has the engine maker rethinking how to best use that site.
The building, which formerly served as the post exchange for soldiers stationed at Fort Benjamin Harrison, was offered for sale by the Fort Harrison Reuse Authority this week. Also this week: Tru by Hilton, Culver’s and more.
The owner of the Market Tower office building at 10 W. Market St. in downtown Indianapolis is suing CVS, alleging the retailer improperly terminated its lease and stopped paying rent after the store was damaged during downtown rioting this spring.
Indianapolis-based shopping mall giant Simon Property Group will reinstate the pay of executives and board members who had been working under pandemic-related pay cuts since spring, the company announced Monday.
SoChatti is adding the storefront to its production, research and warehouse facility in the Circle City Industrial Complex on the city’s near east side. Also this week: J’s Lobster & Fish Market, The Spice Box.
Allegion executive Tim Eckersley, who has led the company’s Americas division since 2013, will shift to lead the company’s operations in other parts of the world.
The longtime Meridian-Kessler sports bar and restaurant that announced last month it was closing “until further notice” is at the center of an ongoing legal dispute between the original owner and the new owner, who now wants out of the deal to buy the business.
The incoming administration is widely expected to embrace a more multinational approach to U.S. trade policy, moving away from the “America first” strategy embraced by President Trump.
Indy Chamber executive Ian Nicolini has moved into the organization’s long-vacant role of chief operating officer, and Portia Bailey-Bernard has taken over Nicolini’s former position as the chamber’s economic development leader.
The project, set for completion by next summer, will include additional outdoor seating for both Bru Burger and Starbucks. Also this week: 3 Days in Paris, The Tamale Place, Champp’s, Greeks Pizzeria
