Levi’s first home collection deepens Target relationship
The move is yet another blow to department stores, which have been struggling even more during the pandemic.
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Walgreens taps Starbucks exec Brewer as its new CEO
Roz Brewer will be the only Black woman leading a Fortune 500 company when she joins Walgreen’s on March 15.
Former Colt McAfee plans to move media studio, foundation to vacant Lawrence church
The punter-turned-multimedia-star initially ran into skeptics in the neighborhood, fearful that his plans for a sports field and basketball courts would create a nuisance or attract crime.
Eatery specializing in cereal, breakfast treats coming to Greenwood
Day & Night Cereal Bar, which opens next month at Greenwood Park Mall, is a franchised location for the Los Angeles-based concept, which launched last summer as a mobile food truck.
Existing home sales rise in 2020 to highest in 14 years
For all of 2020, sales rose to 5.64 million, the highest level since 2006 at the height of the housing boom. That represented a 5.6% gain from the 5.34 million previously owned homes sold in 2019.
Whitestown streamlines zoning rules to spur mixed-use development
Already, one developer—Steve Braun, a former tech entrepreneur, state lawmaker and commissioner of the state’s Department of Workforce Development—is taking advantage.
Indianapolis-based residential developer plans Carmel HQ project
Indianapolis-based SC Bodner Co. is planning to build and move its headquarters into a $6 million office development along U.S. 31 in Carmel, according to a proposal filed with the city.
Walmart expands vaccination effort to Indiana, six other states
The world’s largest retailer, which had already been providing inoculations to eligible people in New Mexico and Arkansas, will broaden the effort to select stores in more states.
Godiva to close all North American stores, including Fashion Mall location
Godiva said the pandemic caused customer traffic to decline at its brick-and-mortar stores, though it will continue to sell its products both online and through third-party retail stores.
Central Indiana homebuilders see busiest year since 2006
Central Indiana homebuilders saw another onslaught of interest from buyers in December, adding to their busiest year since before the Great Recession.
Report: Steak n Shake hires adviser to help it navigate debt morass
FTI Consulting will work with the Indianapolis-based company as it explores a possible out-of-court restructuring of its debt and lease obligations or a bankruptcy filing, The Wall Street Journal reported.
Zionsville Town Council OKs zoning changes for planned 179-unit apartment complex
Carmel-based Sila Capital LLC plans to build three, 3-story buildings at the southeast corner of Oxford Drive and Grove Pass.
16 Tech announces first round of food, retail vendors
The seven vendors, which include restaurants, a space for food entrepreneurs and a barber shop, will occupy 16 Tech’s 40,000-square-foot food and retail hall.
Missouri-based developer planning $70M industrial park on east side
Jones Development Co. plans to spend five years transforming a 121.7-acre agricultural site into the six-building East Indy Exchange.
Chicken salad restaurant chain roosting in Indy area with three locations
Founded in 2008, the Alabama-based fast-casual chain has grown to 181 franchised and company-owned locations in 17 states.
Pandemic means renters can find deals downtown
Downtown apartment managers are extending rent specials, reducing parking costs and offering other incentives to get tenants in the door—and lock those already there into new leases.
Airport’s retail-refresh timeline shifts with pandemic
Even amid dramatically reduced foot traffic, the facility’s work to refresh its slate of restaurants and shops is progressing—albeit more slowly than initially expected.
U.S. retail sales fall for third straight month
Some retailers have already indicated that they had an unhappy holiday season. Department store chain Nordstrom, lingerie seller Victoria’s Secret and clothing retailer Urban Outfitters all said sales fell during the holidays.
Chicago-style pizza chain Lou Malnati’s confirms 86th Street location
The 86th Street location, the chain’s second Indianapolis-area store, is set to open this spring. Lou Malnati’s confirmed the location last year but until now had not specified when it planned to open.
Petco goes public again as spending on dogs, cats soars
It’s the third time Petco has gone public since it was founded in 1965 as a mail-order veterinary supplies business. Both times Petco was bought and taken private, most recently in 2006.