Four from Indianapolis named James Beard semifinalists
A chef, a restaurateur and two restaurants were named as semifinalists for the James Beard Awards, which are often referred to as the Oscars of the restaurant industry.
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Allison Transmission’s 4Q performance beats analyst expectations
Indianapolis-based Allison Transmission Holdings Inc. on Wednesday reported lower fourth quarter revenue and earnings than a year ago, but the results beat Wall Street predictions.
Historic downtown building up for sale
The building, at 42 E. Washington St., houses Gallery Forty Two art gallery and is believed to be the city’s oldest commercial structure.
Kite Realty beats analyst expectations with 4Q performance
The Indianapolis-based real estate investment trust beat Wall Street predictions in two key financial categories in the fourth quarter.
Long-vacant 46th Street building will soon be multi-tenant retail space
The building’s tenants will include Black Circle Brewing Co., Gold Leaf Savory & Sweet restaurant and Early Kind, a cosmetics and lifestyle retailer.
All-ages entertainment center launching in Brownsburg
The owner is a Brownsburg technical writer with five children who spent a year studying similar venues around the country. He’d like to replicate Press Play Gaming Lounge in other Indiana markets.
Small retailers gather at east side’s W Street
The repurposed building at Washington and Post formerly housed Liberty Bell Flea Market. Also this week: New Bottleworks tenants, Circle Centre food court departures and more.
Former accounting manager accused of using embezzled funds on gambling, gaming
Investigators say the man, who made an initial court appearance Wednesday, embezzled more than $715,000 from an Indianapolis-based company in an elaborate scheme involving at least 151 unauthorized checks.
Recording studio/audio school coming to Broad Ripple
The Round Table Recording Co. will offer both audio recording/production and a school for those who want to learn the business. Also this week: Orangetheory Fitness and Goldfish Swim School.
Walgreens bringing new small-store concept to city’s south side
The format is key to the pharmacy chain’s plan to slash expenses. Also this week: Black Acre Brewing Co., Sauce on the Side, Versona, Tropical Smoothie Cafe.
Take 5 Oil Change entering market with three stores
The fast-growing chain’s concept allows customers to stay in their cars. Also this week: Root & Bone, Gavel, People’s Revel Room, Gymboree Play & Music, Portrait Innovations and more.
Art house cinema, restaurant close to debut in Windsor Park
The project, whose backers include father/son developers Tom and Ed Battista, has been in the works for more than two years. Also this week: Jimmy John’s, Taste of Havana, Marco’s Pizza and Best Buy.
Canada-based fitness chain set to enter Indianapolis
30 Minute Hit will open its first Indiana gym in Indianapolis’ Wanamaker community early next year. Also this week: Burn by Rocky Patel, Wei Ramen, City Bytes Coffee, Gina’s Grill, Rise ‘n Roll and more.
Brewpub named best in America coming to Indianapolis
Hammond-based 18th Street Brewery—which was voted the best brewpub in America this year by readers of USA Today—has officially announced plans to open an Indianapolis location.
Books & Brews to close Broad Ripple location
In addition to the Broad Ripple location, the Indianapolis-based Books & Brews chain has nine other locations in Indiana and Ohio.
ROUNDUP: CVS to close two Indianapolis stores
Its downtown and midtown stores are among 22 underperforming locations closing nationwide. Also this week: Vasa Fitness, CityWay Animal Clinics, Seraphim Asian Grill, new Bottleworks eateries, Kroger and more.
Connecticut-based fun center operator eyeing Indy market
It’s part of a multi-state expansion that comes just more than a year after the original Thrillz opened. Also this week, the reopening of Cinemark 8, Kilroy’s Bar and Grill and The Boiling.
Cummins to cut 2,000 salaried positions in cost-cutting measure
Cummins said the layoffs are part of a wider effort to trim up to $300 million in costs in response to a slowdown in sales demand.
Fast-casual Indian chain to enter Indy market
The California-based company’s local franchisee is shopping for sites downtown and across central Indiana. Also this week: Best Friends Pet Hotel, Mission 27 Resale, Rize and Dr. Tavel.
L.A. Fitness taking over empty north-side Marsh store
The chain’s 11th gym here will be an upscale version of what local members are used to. Also this week: Chuy’s restaurant and Vinny’s Drive Bar.