Lululemon Athletica, Five Below to open Indianapolis stores
Yoga apparel specialist, store geared toward teens plan local presence.
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EDITORIAL: Nordstrom loss not death knell for downtown
The news that Nordstrom Inc. will close its Circle Centre mall store July 31 is proof that the suburbs still rule where retail is concerned, but it shouldn’t signal a repeat of the gradual decline downtown suffered when merchants began leaving the city’s core in the 1950s.
Nordstrom: Weak sales prompting closure of Circle Centre store
Company President Erik Nordstrom said sales have fallen by half at the Circle Centre mall store since Nordstrom opened a Keystone Crossing location in 2008. The downtown store will close July 31.
Nordstrom closing Circle Centre store
Nordstrom plans to close its store at Circle Centre mall, dealing a substantial setback for downtown. The Seattle-based chain was scheduled to announce the closure to employees at a mandatory staff meeting Thursday morning, a person familiar with the plans told IBJ.
Lululemon, Five Below coming to Indianapolis
Two of the nation's hottest concepts in retail—a yoga apparel specialist and a new dollar-store concept targeting teens—are coming to Indianapolis.
Who’s Who in Commercial Real Estate – 2011
Every business sector has influential players, whether they are in the public eye or wield their influence behind the scenes. IBJ is identifying those people in eight different industry categories. Up this month: commercial real estate.
Roundup: Detour, Froyo, Huddles, Cannoli Queen, Dairy Queen, Scotty’s, more
Detour: An American Grille, Cannoli Queen and a couple of new frozen yogurt spots lead off a crowded restaurant and retail roundup.
DINING: Seasons eatings at new restaurant
Third in a month-long series of numeric restaurant reviews. This week: Seasons 52.
Not much optimism in commercial real estate outlook
Another challenging year is in store for commercial real estate thanks to high unemployment, a still-struggling housing market and an unforgiving credit environment, Cassidy Turley plans to report Thursday at its annual State of Real Estate event.
Landmark Theatres purchases Showplace Glendale 12
The theater at Glendale Mall will be called Landmark’s Glendale 12. Landmark Theatres is co-owned by Mark Cuban, an Indiana University graduate and owner of the Dallas Mavericks.
Roundup: Jockamo, Red Habanero, Black Market, Candy Bouquet & more
Several new restaurants and stores are coming to Indianapolis just in time for the holiday rush.
Health care reform boosts business for consultants
John Gause has grown the size of his benefits brokerage and consulting firm by more than half this year for one big reason: health care reform. He needs more hands on deck because his clients–employers–are facing a raft of new regulations with which they must comply.
Colts may look to sell souvenirs through vending machines
Locally based MainGate is testing the new NFL merchandise sales technique in Minnesota. Indianapolis could be next.
Retail roundup: Kahn’s plans new downtown store & more
We lead off today’s flush retail roundup with a new location for Kahn’s Fine Wines & Spirits. Also on tap: New local brewery chooses Fort Ben, three new restaurants, a new bakery and more.
Indianapolis retailers plan new stores, relocations
A new restaurant near Lucas Oil Stadium is among several new or relocated retailers around the city.
Roundup: Tasting room, tavern, new restaurants, MacExperience & more
The newest retail roundup offers something for everyone, including a new tavern, meadery tasting room, children’s apparel
shop, bakery and liquor store.Nordstrom confirms plans to open Rack store in Indianapolis
IBJ first reported in May that Kite Realty Group Trust had recruited Nordstrom Rack and The Container Store as likely anchors of a redevelopment of the Shops at Rivers Edge.
CSO Architects plans new headquarters in former Bally’s gym
The 24,000-square-foot former fitness facility at 8831 Keystone Crossing is vacant and falling into disrepair.
CSO Architects plans new HQ in former Bally Total Fitness
Locally based CSO Architects Inc. is working on plans to remodel a former Bally Total Fitness location at Keystone at the
Crossing into its new headquarters.Indianapolis office vacancy rates still rising
Vacancy rates in the downtown and Keystone at the Crossing markets climbed in the past six months, according to
Meridian
Real Estate’s latest report, but the market shows signs of stabilizing.