HHGregg setbacks reflect deeper woes, some fear
Retailer’s operating income is the same as five years ago, even though it has triple the number of stores.
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Large Broad Ripple apartment complex slated for $10M renovation
New owner of property bought out of foreclosure seeks city revenue bonds, state low-income housing tax credits.
Wholesale prices for used vehicles decelerate in June
Wholesale used vehicle prices fell 3.6 percent, to $9,893 on average, in June compared with the same month of 2011, according to data compiled by Tom Kontos, an executive at Carmel-based wholesale auction chain Adesa Inc.
Group: OneAmerica garage needs retail, better design
A group of urban policy advocates and bloggers are appealing the city’s approval of a monolithic parking garage, arguing taxpayers footing the bill for the project deserve better.
Mother of man shot to death at Kroger files suit
Jeremi Atkinson was fatally shot in December by a Kroger manager during what prosecutors determined was an attempted robbery. A federal lawsuit filed by Toni Atkinson claims the supermarket chain was negligent for not enforcing a firearms policy.
Browning ordered to testify over Duke Energy CEO’s ouster
Indianapolis real estate developer and Duke Energy Corp. director Michael Browning has been ordered to appear Friday before the North Carolina Utilities Commission, which is investigating the unexpected ouster of the utility’s new CEO just hours after the company merged with Progress Energy Inc.
Dealmaking, construction picking up on Speedway’s Main Street
The six-block stretch just outside the front door of the historic Indianapolis Motor Speedway was desolate when the town of Speedway formed a redevelopment commission in June 2005.
Area home-sale agreements show June increase
Home-sale agreements in the nine-county Indianapolis area were up nearly 5 percent in June compared to a year ago, the F.C. Tucker Co. announced Monday afternoon. Year-to-date sales contracts through the first six months are up 13.4 percent.
Former ATA campus set to find new use as classroom
Ivy Tech Community College will begin offering accounting, business, criminal justice and information technology classes at the former airline campus on the northern edge of Indianapolis International Airport.
U.S. retail sales sink for third straight month
Retail sales fell 0.5 percent in June from May, the Commerce Department said Monday. Consumers spent less on autos, furniture, appliances, on building and garden supplies, and at department stores.
Area sees June dip in residential building permits
Home builders filed fewer building permits in the nine-county Indianapolis area last month, but filings are still up through the first six months of 2012.
Finish Line’s high-tech store prototype still has kinks
A prototype store launched by athletic shoe and apparel retailer The Finish Line Inc. on May 25 aims to use technology to marry brick-and-mortar to the company’s online operation. But interactive tablets that are a centerpiece of the so-called omnichannel strategy are not yet up and running.
Chase Tower’s $201M sale price sets record
A publicly traded real estate investment trust has agreed to pay $201 million for the tallest building in Indiana, a price that could give a boost to the local investment market.
Firm pitching Super Bowl rentals in Indy ordered to pay up
An Indianapolis judge has ordered a Phoenix-based home rental company to pay nearly $218,000 for not providing promised services before the Super Bowl last February.
Carmel veterinarian opening animal hospital near Mass Ave
Woodland Animal Hospital owner will take former bookstore space in Chatham Arch neighborhood.
Meadows neighborhood developer aims for retail
New housing, health facility could help attract grocer.
Honda West negotiating to open Fishers dealership
It’s not clear if the car dealer would leave its long-time home on West 38th Street.
Photo gallery: $155M CityWay taking shape
Check out photos showing progress on the $155 million CityWay project.
More U.S., Indiana homes facing foreclosure risk
More than 1 million properties experienced foreclosure filings in the first half of 2012. Twenty states saw a first-half rise in foreclosure activity from the same time a year ago. Indiana had the biggest rise on a percentage basis, with a 32-percent increase in foreclosure activity.
Indiana fair panel awards coliseum work contracts
The Indiana State Fair Commission has awarded the first four contracts for a planned renovation of the fairgrounds' coliseum that will keep the building on the sidelines during next year's fair.