Amazon.com’s Inc.’s acquisition of Whole Foods Market—the national grocery chain that is opening its third local store in downtown Indianapolis on Wednesday—has sparked major disruptions in the grocery industry in the short time since the deal closed in late August.
Danielle McDowell, who oversaw a period of rapid growth at the Speak Easy, is leaving her role as executive director of the not-for-profit co-working organization after 2-1/2 years at the helm.
The collapse of Toys “R” Us Inc. is yet another blow for landlords—including Indianapolis-based Simon Property Group—who now will have gaping holes of suburban retail space up for grabs. And few tenants would want them.
Ned Rule, former managing director of investments, claims the Carmel-based developer terminated him without cause to save money during a financial downturn, violating his employment contract.
The company’s troubles have affected toy makers Mattel and Hasbro, which are big suppliers to the chain. But the likely liquidation will have a more significant impact on smaller toy makers that rely more on the chain for sales.
Indiana lawmakers didn’t propose any measures aimed specifically at attracting Amazon’s second headquarters, nor did they pass two bills that might have enhanced central Indiana’s bid.
If the Indiana Gaming Commission doesn’t agree with Caesars, a proposed $90 million project in Indiana by the Las Vegas-based company could be dropped.
The local office of Cleveland-based law firm Benesch, Friedlander, Coplan & Aronoff LLP plans to close by the end of April. Nearly all of its attorneys are migrating to another firm in Indianapolis.
The fund, launched by the security-products company Allegion Plc, plans to pursue investments globally. But a spokeswoman said, “Indianapolis' thriving tech industry makes this the perfect time and place to launch the tech-focused fund.”
Right now, that “blame game” describes some of the arguments being made by opponents of Indianapolis Public Schools’ operating referendum—which has now been put off until November.
