Area home builders experience rare dip in demand
Single-family construction permits in the nine-county area fell last month, marking the first decline since February.
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Apartment developer Milhaus lands $245M in equity investments
Milhaus said the capital infusion will help fuel its plan to build thousands of units over the next few years while retaining most of its existing portfolio.
U.S. homebuilder sentiment hits highest mark since May
U.S. homebuilders are feeling more optimistic than they have in months, looking past a recent slowdown in new home sales and the risk of rising labor and materials costs.
UIndy building spree continues with $20M dormitory project
As enrollment swells, the south-side university is working with a local developer to construct two four-story buildings with capacity for 300 students.
Public markets to say goodbye to Ruby Tuesday after sale
Restaurant chain Ruby Tuesday, which has four Indianapolis-area locations, is being acquired for about $146 million in a deal that will take the struggling chain private.
Madison County facing bigger bill for asbestos removal work
County council members are expected to vote Nov. 14 on a plan to borrow $3.5 million and repay it with county income tax revenues.
Carson’s parent seeing supplier pullback reminiscent of Toys ‘R’ Us
Some of the suppliers for Bon-Ton Stores Inc.—the parent of Circle Centre’s only anchor store—are scaling back shipments and asking to be paid sooner in order to protect themselves from potential losses.
U.S. retail sales see biggest surge in two-plus years
Americans are optimistic about the economic outlook. A measure of consumer sentiment released Friday rose to its highest level since 2004.
Noble Roman’s new tack: a back-to-future strategy
If Noble Roman’s Craft Pizza & Pub takes off, the company might franchise dozens of restaurants across the state.
Huge retail project along I-65 in Whitestown would be ‘game-changer’
The project, which could include nearly 1 million square feet of higher-end retail, would be developed by locally based Gershman Partners.
Plans finally catching fire for downtown cigar lounge
Burn by Rocky Patel announced last November that it had committed to taking space in Circle Centre mall. Nearly a year later, a city commission has approved design changes for the space.
Colts seeking to expand their training complex
The Indianapolis Colts are planning to expand their training complex by adding a 32,000-square-foot addition and two practice fields, according to plans filed with the city.
Leather goods retail company Coach changing its name
Coach Inc., the iconic New York-based leather goods maker that has several stores in Indiana, is changing its corporate name after 76 years in business.
Kroger investors cheer as grocer eyes sale of convenience stores
The supermarket giant kicked off its biggest rally in more than two years after saying it might sell its convenience-store business. The operation spans 18 states, including Indiana, and generates about $4 billion in sales.
Noblesville Italian restaurant plans north-side Indy location
The owners of Matteo’s Ristorante Italiano, which has been serving Italian food in downtown Noblesville for 14 years, plan to open another restaurant, in a spot in Indianapolis vacated last year by another longtime local Italian eatery.
High-end Cake Bake Shop has Carmel location in oven
Owner Gwendolyn Rogers says she’s been considering expansion for a while, with her Broad Ripple bakery regularly filled to capacity.
Video: Die-hard Ikea fans camp out before opening
The Swedish furniture store opens at 9 a.m. Wednesday but some customers have been camping out, in part to try to win a free couch or chair.
Furniture giant Ikea to use online retailers to move more products
International retailer Ikea—which is set to open its latest store Wednesday in Fishers at 9 a.m.—will start selling furniture through third-party websites next year as it tries to find new ways to reach customers in the digital age.
Walmart anticipates digital sales rise of 40 percent next year
The world's largest retailer continues to scale back new store growth in the United States as it invests in online growth.
Roundup: Starbucks snags tower’s remaining retail space; Mo’s closed for ‘remodeling’
The Mile Square is set to get another jolt of Seattle-based caffeine. Meanwhile, a sign on the door at Mo’s gives no indication as to when the steakhouse might reopen.