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Downtown mall stung by loss of Nordstrom

December 22, 2011

Nordstrom, which opened with the mall in 1995, left a gaping 210,000-square-foot hole in Circle Centre mall. It is a particularly tough space to fill since department stores have seen their market share decline more than half in 20 years and need less space.

Retail roundup: ‘Tis the season for shopping malls

December 5, 2011

Local shopping malls are seeing an influx of temporary stores and newly arrived permanent tenants for the holiday season.

Malls see big changes just in time for holidays

December 1, 2011

New stories have debuted at malls across the Indianapolis area. Many are pop-up shops eager to capitalize on holiday shoppers and the Super Bowl crowds.

CLARK: Deep bench bodes well for smaller, better government

November 22, 2011

Mike Pence has been a thought leader since he was first elected to Congress, yet we will see him originating ideas that may lead our state for years to come.

STYLE: Fashion students don’t want to be part of brain drain

September 16, 2010

While guest-speaking at a fashion history class at the Art Institute of Indianapolis, I became curious what the roomful of students planned to do with their education.<

Metropolis mall purchased by Israel firms

August 30, 2010

Aviv Arlon Global Ltd. pays $52 million for shopping center, which was in court-appointed receivership. Former real estate firm Premier
Properties USA Inc. developed Metropolis, with an investment of $160 million.

STYLE: A N.Y. fashion writer brings her blog back home

August 12, 2010

I’ve heard that there were people out there who quit their day jobs to take pictures of their outfits for a living,
but I couldn’t begin to imagine a business plan that could make that lifestyle happen.

Simon mall deal gives big boost to cell-phone coupons

August 12, 2010

The partnership between Simon Property Group and technology company Shopkick Inc. is a
big step in realizing retailers’ long-held dream of using cell phones to beam ads and coupons to people passing by.

Wall treatments can make a big impact for small price

June 22, 2010

Interesting wall treatments can turn an ordinary room into an extraordinary room.

Simon making $10B bet on future of malls

February 16, 2010

Wall Street today is cheering Simon Property Group Inc.’s giant bet on the future of retail real estate, a sector that
appeared left for dead just months ago. The nation’s largest mall owner has offered $10 billion to take over its
nearest rival, Chicago-based General Growth Properties Inc., which is in bankruptcy.

General Growth deal would extend Simon’s mall dominance

December 11, 2009

Wall Street analysts have described the potential sale of Chicago-based General Growth Properties as a “once-in-a-lifetime
opportunity” for a company to make “the deal of the decade” in the shopping-mall business.

More Americans growing food on small farms

October 5, 2009

Most evenings, Gary Mithoefer can be found at the end of a long gravel driveway off a busy highway, tending two garden plots. He’s one of a growing number of Americans digging into the dirt to raise crops on a small scale.

PNC plans return to ‘old-fashioned’ lending standards

March 2, 2009

PNC CEO James Rohr, 60, recently sat down with IBJ to discuss the merger between PNC
Financial Services Group Inc. and National City Corp., as well as the recession and PNC’s strategy.

PNC plans return to ‘old-fashioned’ lending standards-WEB ONLY

February 28, 2009

Pittsburgh-based PNC Financial Services Group Inc. acquired struggling National City Corp. on Dec. 31 for $5.6 billion. Before their merger, PNC had no presence here, while Cleveland-based National City had 172 Indiana branches, including 75 in the Indianapolis area. PNC CEO James Rohr, 60, recently sat down with IBJ to discuss the merger, the recession […]

Mall giant says it’s in good shape, but takes steps to conserve cash

February 9, 2009

Despite assurances of strength, Simon Property Group Inc. has decided to pay 90 percent of its dividend in stock, a move that allows the company to hold onto $925 million in cash this year but could alienate shareholders drawn by the dividend.

Museum of Art fashion show to highlight local designers

March 10, 2008

It’s not easy to make a living in high fashion, especially in a city where the “garment district” extends only to the nearest
Hancock or Jo Ann Fabrics. Still, Indianapolis has a little something up its sleeve–more than a dozen designers who are prepping
their collections for “Project IMA,” a fashion show modeled after Bravo’s reality hit “Project Runway.”

New closings undercut east-side mall’s revival: Tenants since ’74 opening have seen huge changes

January 7, 2008

The handful of retailers who have persevered through hard times for Washington Square Mall felt encouraged in recent years as newcomers Steve & Barry’s University Sportswear and Buffalo Wild Wings arrived. But the holiday season brought grim news: Macy’s now plans to close, and Gap won’t be far behind. Besides Caramelcorn, MCL and change, few things have been constant at the east-side mall since it opened in 1974. The 965,000-square-foot mall was 21 percent vacant last year, the worst occupancy…

Sizzling malls add more new stores

July 19, 2007

North-siders are set to get even more shopping and dining options in the coming months. Several new retailers have filed plans to open new stores in the Fashion Mall at…

Local malls line up new restaurants, retailers: Cheesecake Factory to open in Greenwood; hot clothing store H&M heading to Castleton

May 28, 2007

LAS VEGAS-Redevelopment plans at Greenwood Park and Castleton Square malls call for popular new restaurants and a sought-after Swedish clothing retailer. The additions-which would add the area’s second locations for The Cheesecake Factory and fashion retailer H&M, along with new-to-the-market restaurants Stir Crazy and BJ’s Restaurant & Brewery-are named in materials Simon Property Group Inc. shared with retailers at the International Council of Shopping Centers annual convention in Las Vegas. The highest-profile new tenant at Greenwood Park Mall would be…

New Nordstrom an obstacle for fragile downtown mall

December 18, 2006

When Nordstrom in 1992 signed its lease to open in Circle Centre, mall developers extracted an unusual commitment. The Seattle company agreed not to open another Indianapolis-area store for at least five years. So when Nordstrom last month announced it will launch a second location here, in The Fashion Mall at Keystone, it caught the attention of Herman Renfro, a former Simon Property Group Inc. development executive who oversaw Circle Centre.

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