Jeans retailer Lucky files for bankruptcy, with Simon-affiliated group bidding to buy company
Lucky said it plans to close 13 stores and could shutter more during the bankruptcy process.
Fashion Mall at Keystone
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Simon says it won’t defy state-at-home orders in reopening malls, calls speculation it might ‘very offensive’
A company official said it’s “preposterous” to think the company would reopen its malls, especially those in its home state, while stay-at-home orders are still in place.
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Greeting card chain with local store going out of business
Retail chain Papyrus is closing all 254 stores in the United States and Canada, the parent company’s chief executive said Tuesday.
Simon settles suit with Starbucks over closing Teavana stores
The Indianapolis-based mall owner had sued Starbucks, attempting to stop the coffee giant from closing dozens of Teavana locations at its properties.
Gap to close some signature stores, open more Old Navy, Athleta locations
The company said Wednesday that it wants to shift focus to its growing brands Old Navy and Athleta while jettisoning hundreds of stores under the Gap and Banana Republic flags.
Online shops opening brick-and-mortar stores
Simon Property Group Inc., the nation’s largest mall owner, is getting a big assist from an unlikely source in its bid to backfill wide swaths of space left by failed or struggling clothing chains.
Starbucks to close all Teavana stores as sales disappoint
Four of Teavana’s 379 locations—which will all shut down over the coming year—are in Indianapolis-area malls.
Indy-based restaurants to open new locations in Fashion Mall
The additions to the food court will include a concept from Cafe Patachou founder Martha Hoover.
Two new stores coming to Fashion Mall, two others expanding
The arrivals and expansions follow a busy year for the upscale north-side mall, which saw plenty of activity in 2016.
Another clothing retailer files for bankruptcy
Cache Inc., which has a store in the Fashion Mall at Keystone, has filed for Chapter 11 protection and might liquidate its inventory. Simon Property Group is the retailer’s largest creditor.
Tech-savvy millennials still making malls social destinations
The future of malls looks quite bright despite the rise of online shopping.
Shapiro’s to open restaurant in Fashion Mall
The 4,200-square-foot restaurant will be about 60 percent smaller than Shapiro’s downtown flagship location, but will carry most of the same menu items the deli is known for, plus some new ones.
Napolese nibbles on national expansion
Local restaurateur Martha Hoover plans to take her Napolese chain national with help from Simon Property Group Inc.
Simon’s decision to open malls on Thanksgiving draws criticism
An online petition drive launched by employees of stores in Simon properties urges the company to rethink a decision to open its malls at 8 p.m. on Thanksgiving. One petition so far has gathered nearly 18,000 signatures.
Tesla luxury electric car seeking outpost at Fashion Mall
Tesla Motors Inc. is eyeing space in the Fashion Mall at Keystone and is seeking a zoning variance to sell cars there and to install charging stations within the parking garage.
VIDEO: Work on Fashion Mall at Keystone enters home stretch
Much-anticipated upgrades to the high-profile Fashion Mall at Keystone will be ready for shoppers by mid-November. Mall owner Simon Property Group provided a sneak peek on Wednesday of work under way.
Fashion Mall landlord suing tenant over unpaid rent
A division of Simon Property Group Inc. is suing Brisbane, Calif.-based Bebe Stores Inc., claiming the women’s clothing retailer owes it $64,000 in unpaid rent.
Malls see big changes just in time for holidays
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.
Fashion Mall getting big upgrade
A multimillion-dollar makeover now under way at The Fashion Mall at Keystone will add an upscale food court and about 20 stores, many of them new to Indianapolis.
Multiple tenants likely needed to plug Nordstrom hole
Nordstrom occupies a staggering 210,000 square feet spread across three floors—60 percent more space than the Seattle-based chain occupies at the Fashion Mall at Keystone and likely more than any single retailer would be willing to lease.
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.