The retailer said it would close stores where leases were expiring or where it was unable to get reduced rents. Pier 1 has two stores in Indianapolis and three in the suburbs.
Fast-food chain Burgerim says it has six franchisees who plan to open restaurants around the state, with sites already secured in Indianapolis, Carmel and Greenwood.
Needler’s Fresh Market, which entered the Indianapolis market in 2017, says it’s so bullish on its local prospects that it’s already looking to expand here.
A Carmel mayoral debate Tuesday night mostly focused on the city’s debt load and the administration’s spending, with Mayor Jim Brainard at one point handing his opponent a $10 bill in an attempt to prove a point.
Paul Elmer, former owner and CEO of Pharmakon Pharmaceuticals in Noblesville, was convicted in federal court of nine counts of adulterating drugs and one count of conspiracy. He was acquitted of an additional count of obstruction of justice.
The chain's performance declined after founder Scott Wise sold it in December 2016, and in recent months it has closed four restaurants and announced plans to close a fifth.
Debt payments will be due before all the buildings are completed. But Carmel officials say the delays shouldn’t cost taxpayers because of safeguards the city and the developer put in in place years ago.
Being busy all day long without feeling fulfilled is a red flag that our energy reserves are being slowly depleted—task by task, meeting by meeting, and email by email.
Software maker Determine Inc.'s investment bankers contacted dozens of prospective suitors as the company racked up millions of dollars in losses and burned through cash.
Heartland has expanded its local production facilities multiple times since 2015, adding hundreds of employees and rolling out several new products, including a brand of cold-brew coffee, Java House, that hit the market last year.
The announcement came Tuesday during a groundbreaking for the planned five-story, 120,000-square-foot office building at the southeast corner of Illinois Street and Fidelity Way.
The closure will be the sixth for the Indianapolis-based restaurant chain since late last year. It comes as corporate parent Scotty’s Holdings works its way through Chapter 11 bankruptcy.
The Hamilton County Election Board will invite both campaigns, plus the major political parties, to share their stories and any evidence that might prove bribery allegations. But the meeting won’t take place until after the primary election.
