Retail developer who took his own life was dogged by debts
Craig Johnson left behind what court records show is millions of dollars in debt that might not be covered by his estate.
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Justice center project hitting minority-contracting targets, but are they too low?
Roughly $162 million has been committed so far to minority-owned businesses helping to build the city’s $575 million criminal justice center complex in the Twin Aire neighborhood.
Chef and restaurateur Hardesty scaling back schedule after leukemia diagnosis
Hardesty, 51, said operations at his culinary business, Studio C, will be scaled back while he undergoes treatment over the next several months.
Target latest retailer to require customers to wear masks
Target follows Walmart, Kohl’s, Best Buy and several other large retailers that are making masks mandatory in all stores.
U.S. retail sales jumped 7.5% in June before virus cases bounced back
The report shows how shoppers and businesses are adjusting to life in a pandemic, changing their habits in hopes of halting an illness that can quickly flare up and wreak financial havoc.
New pandemic rental assistance programs see huge demand
Two rental assistance programs launched to help state and local residents during the pandemic are already nearing their capacity, just three days after applications opened.
Barnes & Noble uses COVID-19 shutdown to refresh stores
It’s part of a chain-wide move to give store managers more autonomy. Also this week: Apocalypse Burger, Enterprise Car Sales, and America’s Best Contacts & Eyeglasses.
Kroger, Kohl’s join Walmart on growing list of retailers to require face coverings
The National Retail Federation, the nation’s largest retail trade group, on Wednesday said it is “encouraging all retailers to adopt a nationwide policy that requires customers to wear face coverings or masks to protect the health and well-being of customers, associates and partners during the coronavirus pandemic.”
Hogsett: Delays likely for Pan Am Plaza hotel, convention center project
Indianapolis Mayor Joe Hogsett said the city is continuing to work with Indianapolis-based Kite Realty Group Trust—which is developing the project—to finalize a reworked timeline.
Walmart to require all U.S. customers to wear masks
Walmart’s decision to mandate masks follows similar moves by Costco, Starbucks and Best Buy.
City extends street closures for Dine Out Indy initiative through Labor Day
The city of Indianapolis on Wednesday announced it was extending closures of segments of Broad Ripple Avenue, Massachusetts Avenue and Georgia Street.
Central Indiana existing-home sales rebounded strongly in June
The median home price in the 16-county area has hit all-time highs in four straight months.
Walgreens reports $75 million of looting damage in third quarter
With about 9,300 locations in the United States, Walgreens is one of the largest retailers by store count.
Apartment, retail project planned on Indiana Avenue by Walker Center
Documents filed with the city show that the apartments would range from studios to three-bedroom units, along with a handful of co-dwelling units.
New York & Co. parent files for bankruptcy, might close all stores
Established in 1918, RTW Retailwinds operates nearly 400 locations in 32 states, including four in Indiana.
Stew joint with deep roots in Indy closes after 109 years
Founded by two brothers from Macedonia, John’s Famous Stew became an Indianapolis institution for its devotion to meat-and-potatoes fare.
Flaherty & Collins starts Cleveland development
The project will consist of 261 apartments, 11,000 square feet of commercial space and a 500-space parking garage.
Downtown firms in no rush to get workers back to office
It could be months, or longer, before downtown bustles again with the office workers who help restaurants and other retailers thrive. And the wait might be a death knell for some of those retailers.
Simon Property Group diving into retail ownership
Simon is veering into retailer ownership in a substantial way, emboldened by its successful partnership with two other firms to buy the teen-oriented mall chain Aeropostale out of bankruptcy court in 2016.
Sur La Table files for bankruptcy, to close dozens of stores
Kitchen goods retailer Sur La Table says it has reached a “stalking horse” agreement with New York-based Fortress Investment Group for a possible sale.