Walmart ready to launch its answer to Amazon Prime
Called Walmart+, it will cost $98 a year, or $12.95 a month, and give members same-day delivery on 160,000 items and other benefits.
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J.C. Penney lenders plan takeover after talks with Simon, other bidders stall
J.C. Penney filed for bankruptcy May 15, part of a wave of already-struggling merchants undone by the pandemic. Simon Property, Brookfield Property Partners and Authentic Brands Group were in talks to buy the retailer.
Pandemic testing shopper loyalty for clothing brands
According to a survey by McKinsey & Co, 46% of shoppers polled in the United States tried new brands or made new purchases with a new retailer.
IBJ Podcast: Remodelers reveal what homeowners want in pandemic era
An architect, interior designer and design-build contractor discuss the sudden shift in priorities for the home, how much projects can cost and how crews get the work done in the middle of a health crisis.
What does Walmart see in TikTok? Millions of young shoppers
Walmart could make TikTok into an extension of its sales machine, helping advertisers, creators and others sell products.
Residential Real Estate: Marketplace Stats for August 28, 2020
Active listings have continued to fall throughout 2020, as sellers resist having potential buyers in their homes during a pandemic.
Pandemic has changed the way homebuyers, homeowners think about houses
After spending months in virtual lockdown, some homeowners have learned their residences just don’t serve their needs. Or more accurately, the needs of a family in quarantine.
Photo gallery: Downtown condo mixes modern, traditional
Tall ceilings, large windows and a great balcony attracted Bryan Bisson to a four-story condo on Alabama Street.
All-Star Real Estate Agents: The Indy area’s top teams and solo sellers
Dennis Nottingham’s Indy Home Pros Team claims the No. 1 spot (again) on the teams list, while Jennil Salazar of RE/MAX Ability Plus repeats for the second year as the top IBJ All-Star solo agent.
Zionsville sets table for gateway south of downtown
To plan development, mayor is scheduling public-input sessions that will shape a request for proposals the town plans to issue within six months.
Used-car dealer Byrider hasn’t suffered much in pandemic
The company says sales are up after an earlier drop-off, and it hasn’t yet seen a spike in delinquencies or defaults among credit-challenged borrowers, who represent its core customers.
Tourism experts disagree on wisdom of planned convention center expansion
Overall attendance at Indiana Convention Center events has stagnated, but annual major conventions have seen explosive growth.
Walmart joins Microsoft in bid for video app TikTok
Walmart said in a statement Thursday that a deal with Microsoft and TikTok could help it expand its advertising business and reach more shoppers.
Fannie-Freddie foreclosure suspension extended to year’s end
Fannie and Freddie, which backstop about $5 trillion of home loans, will also extend their moratorium on evictions from real-estate owned properties until at least Dec. 31, the Federal Housing Finance Agency said.
Photo gallery: The $58.5 million Hotel Carmichael opens in Carmel
The 110,000-square-foot hotel is situated between the Monon Trail and Veterans Way in Carmel, just south of City Center Drive.
$28M golf facility in works for downtown Indianapolis
The venue is expected to be a franchise of Flying Tee—a competitor of Topgolf, which opened a venue in Fishers in 2017.
Massachusetts, Broad Ripple avenues to reopen to traffic after Labor Day
Broad Ripple Avenue and Massachusetts Avenue were closed in May as part of the Dine Out Indy initiative to create more space for outdoor dining during the pandemic.
Local firm plans $8.5M senior apartment project on near-east side
Indianapolis-based TWG Development expects construction to begin within 15 months if it can offset costs by landing affordable housing tax credits.
Seawalls shored up to protect 2 historic World’s Fair homes in northwest Indiana
The Wieboldt-Rostone House and the Florida Tropical House were featured in the 1933 World’s Fair in nearby Chicago but were moved after the fair closed to lakeside property that’s now part of the Indiana Dunes National Park.
Third Whitestown I-65 interchange to give developers blank canvas
The launch of a $63 million project to add an interchange and rework another is likely to fuel a new blitz of commercial development in the state’s fastest-growing town.