Expect department stores, apparel retailers to continue to retrench in 2020
More than 7,600 stores closed this year through October, a record for that point in the year, according to Credit Suisse. And the outlook for 2020 doesn’t look any brighter.
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Big Woods in Nashville closing for updates to menu, decor
The new menu will feature new twists on old dishes, such as meatloaf and fried chicken, and the decor will get a freshening-up, although there are no plans to expand seating.
Top 10 stories for 2019 in Indiana health care and life sciences
The year didn’t feature any hostile takeovers or huge disasters. But a lot of companies made big strides in 2019, including Eli Lilly and Co., Corteva and Elanco. And many rejoiced when Washington ended a 2.3% tax on thousands of medical devices.
Judges disqualify Washington Township school board member in residency challenge
A lawyer elected to the Washington Township School Board in 2018 is ineligible to serve, the Indiana Court of Appeals ruled Monday in an unprecedented decision regarding her home’s location.
New Hamilton County sign rules take second shot at banning election placards
The new ordinance is intended to reduce election-related clutter near unincorporated roadways, but it also puts a crimp in the way real estate agents use signs.
As robots take over warehousing, workers pushed to adapt
While fears that robots will replace human workers haven’t come to fruition, there are growing concerns that keeping up with the pace of the latest artificial intelligence technology is taking a toll on human workers’ health, safety and morale.
ISU’s Dreiser Hall to get $18M renovation
The project will improve the 70-year-old building’s HVAC and plumbing systems, its fire suppression system and electrical needs and also bring it into compliance with the Americans with Disabilities Act.
IU testing license plate cameras for parking in Bloomington
Parking officials will consider issue such as how to track whether more than one vehicle registered to a permit are on campus at the same time and how to account for multiple people sharing a permit.
Legal marijuana sales in Illinois, Michigan might spark interstate tension
As Illinois prepares to join Michigan in the recreational pot market on Wednesday, officials are renewing warnings to consumers against carrying such products over state lines.
IBJ Podcast: The top Indianapolis-area stories of 2019
Podcast host Mason King talks with IBJ Managing Editor Lesley Weidenbener and reporter Anthony Schoettle about Penske Corp.’s acquisition of the Indianapolis Motor Speedway, Eli Lilly and Co.’s biggest acquisition ever, trucking giant Celadon’s demise, Ambrose’s decision to pull back from the GM stamping plant site and more.
Buttigieg no longer boasting he helped McKinsey ‘turn around’ Fortune 500 companies
When he first pursued public office, Pete Buttigieg emphasized his McKinsey experience, claiming he was “part of billion-dollar decisions made by Fortune 500 companies.”
Evansville coach McCarty placed on leave for Title IX violations
The school’s action comes six weeks after McCarty guided the unranked Purple Aces’ stunning 67-64 upset of then-No. 1 Kentucky, his alma mater, on its home court.
2019 YEAR IN REVIEW: A month-by-month look at other big 2019 stories
2019 was a year of big changes—some good, some bad, but all interesting. Here’s a rundown of the biggest news of the year.
2019 YEAR IN REVIEW: Lawmakers OK funding plan for arena updates, soccer stadium
The law, which passed with bipartisan support in April, created funding plans for most of a $360 million renovation of Bankers Life Fieldhouse and the construction of a $150 million soccer stadium for the Indy Eleven by diverting millions of dollars in annual state tax revenue to the Capital Improvement Board.
2019 YEAR IN REVIEW: Penske Corp. acquires IMS, IndyCar Series
Penske—one of the most influential companies in the history of auto racing—will become just the fourth owner of the iconic track and will take over a series that many believe is on the upswing after many years of struggle.
2019 YEAR IN REVIEW: Big year for Hogsett, Buttigieg and Dems in Boone, Hamilton counties
Despite no state or federal elections in 2019, Indianapolis and its suburbs made plenty of political news. Voters across the state cast ballots in municipal elections, re-electing Indianapolis Mayor Joe Hogsett plus three Hamilton County mayors. The year also brought plenty of 2020 news.
2019 YEAR IN REVIEW: Elanco strikes $7.6B deal for Bayer’s animal-health unit
The deal, which is expected to close by mid-2020, will swell Elanco from the world’s fourth-largest animal health player to the second-largest, behind only New Jersey-based Zoetis.
2019 YEAR IN REVIEW: Ambrose pulls out of GM stamping plant project
Ambrose had detailed plans in 2018 for a $1.4 billion, mixed-use development called Waterside—and said construction would start in 2019. But on Sept. 27, Ambrose said it planned to reposition its business and move away from mixed-use and office projects, including Waterside.
2019 YEAR IN REVIEW: Scotty’s Brewhouse, Palomino, Granite City among 2019’s biggest restaurant closures
When Scotty’s filed for Chapter 11 bankruptcy protection in December 2018, it had 19 locations, including seven Indianapolis-area Scotty’s Brewhouses and a Thr3e Wise Men Brewing Co. in Broad Ripple. By the middle of this year, most of those had closed, including all the Indianapolis-area sites.
2019 YEAR IN REVIEW: Celadon abruptly shuts down, wiping out nearly 4,000 jobs
| Susan Orr and Greg Andrews
The December announcement brought to a bitter close one of central Indiana’s great entrepreneurial success stories. Stephen Russell, the son of a New York City taxi driver, launched the business with a single truck in 1985 and grow it into the largest provider of international truckload services in North America, with more than 150,000 annual border crossings between the United States, Canada and Mexico.
