Commercial real estate prices are skyrocketing in Fountain Square, where property owners seem emboldened by a resurgence of interest in the historic neighborhood southeast of downtown.
Macerich Co.’s rejection of a $16 billion buyout offer and adoption of takeover defenses leaves Simon Property Group Inc. with few options but to make a higher bid to win the mall landlord.
California-based mall owner Macerich Co. has rebuffed an unsolicited takeover bid from Simon Property Group Inc., saying it substantially undervalues the company and raises antitrust concerns. Analysts and investors expect Simon will make a higher bid.
Indianapolis Business Journal gathered leaders in the state's technology industry for a Power Breakfast panel discussion March 13. Among the topics the panel discussed were top IPO candidates, tech trends, and attracting venture capital from Silicon Valley.
The corner of Brookside Avenue and 10th Street, just off Massachusetts Avenue, could soon be the center of what city planners hope is a model to address industrial blight.
The Minneapolis-based discounter with 12 Indianapolis-area stores hopes to become more agile to compete in an increasingly competitive landscape and appeal to shoppers who are buying and researching on their mobile devices.
The downtown Einstein location and the chain's Fishers store closed Tuesday—joining another location that shut down in recent months—as part of a company reorganization.
Sales per square foot are down, the building itself is aging, and persuading the lone anchor, Carson Pirie Scott, to stay another three years required generous incentives.
Cache Inc., which has a store in the Fashion Mall at Keystone, has filed for Chapter 11 protection and might liquidate its inventory. Simon Property Group is the retailer’s largest creditor.
Michael Grimes, 37, vice president of omni-channel marketing for Finish Line Inc., is the athletic-shoe powerhouse’s key integrator of store and online experiences for customers.
Despite an auction of inventory to satisfy a debt, Aronstam Fine Jewelers is in no danger of closing, the store’s owner says, thanks to the help of outside investors.
The Tesla store bans are among the more amusing betrayals of a citizenry by its governments that I’ve seen in a long time. The cable monopolies have a new challenger—the automotive dealership.
WISH-TV Channel 8 and WTTV-TV Channel 4 are at the center of the biggest shakeup the Indianapolis TV market has seen in 35 years. But the ripple effects are expected to rock the boat of every local station.
Deb Shops, a woman's clothing retailer with stores in three area malls, has filed for bankruptcy protection for the second time in three years and could close its stores.
The state Department of Education has granted 37 public school districts and 13 private schools permission to hold online learning days in cases of inclement weather this school year.
The teen-fashion retailer has filed for bankruptcy and started close-out sales at all of its 92 locations, including in Carmel and downtown Indianapolis.
Teen retailers are facing ho-hum results at a time when overall U.S. retail sales are up 5.1 percent over the past 12 months, the Commerce Department said Thursday.
