Indianapolis Business Journal


When Ikea enters a market, other retailers, hoteliers and fast-food chains tend to flock to its general vicinity. But that won’t be the case in Fishers, where local officials are taking steps to control the use of vacant land near Ikea’s future home, Lindsey Erdody reports. Also in this week’s issue, Anthony Schoettle explores what’s next for Emmis Communications Corp. now that the bid to take it private has failed. And in A&E Etc., Max Gabovitch susses out seven places in the heart of downtown where you can find lunches for less than $7.

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Murky path ahead for Smulyan and Emmis

Experts disagree about Emmis Communications Corp.’s immediate prospects, but there’s almost unanimous agreement that the company will chug forward as long as Jeff Smulyan drives the locomotive.

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‘Gig’ economy heats up in Indy

A swelling throng of Indianapolis workers is part of the so-called “gig-economy,” which denotes the matchmaking between independent contractors and consumers over technology platforms.

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RCA firm grows with LED popularity

For decades, the RCA brand has been associated with televisions and other consumer electronics. But it’s LED lighting that’s helping fuel growth for Indianapolis-based RCA Commercial Electronics.

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Jared Fogle’s ex-wife claims Subway covered up complaints

The ex-wife of former Subway pitchman Jared Fogle has filed suit against the fast-food sandwich chain, alleging executives knew about Fogle’s sexual attraction to young children as early as 2004 and stayed quiet about his pedophile predilections to preserve his role as a “cash cow” for the company.

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FocusBack to Top

Closed home sales, prices jump in September

September was the second straight month of year-over-year increases in closed sales. There were 3,196 closed sales in 15 central Indiana counties in September. (IBJ file photo) Home sales across the region were up 14.7 percent in September over the same month a year ago, according to the MIBOR Realtor Association. It was the second […]

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OpinionBack to Top

EDITORIAL: Workforce effort has teeth

For economic development professionals, the splashy, fun side of the business is the press conferences, where local and state leaders come together to announce a company’s plans to hire hundreds or even thousands of workers. But the eco-devo experts trying to bulk up central Indiana’s economy for 21st century success know the reality of the […]

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HECK: Integrate art into all school subjects

The data is clear: Students with arts education perform better on standardized tests. According to The College Board, students with four-plus years of arts education score 104 points higher on the SAT.

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Fishers: Stop trying to be like Carmel

I’m sure this is considered “progress”—ripping down buildings that give our city charm and character so they can build yet another parking garage (really?) and retail space that will sit empty, like at The Depot [Boutique, salon moving to Edge in Fishers as project looms at current site,, Sept. 30]. The Carmelization of Fishers […]

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Logging is not needed for healthy forests

Much of the article, “Holcomb, Gregg disagree about how much to manage state forests” [, Oct. 14], is devoted to the state’s assertion that its logging is good for the forests’ health. Our hardwood forests have substantially longer growth cycles than current logging allows. White oak, tulip poplar, sugar maple and American beech have maximum […]

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