Q&A with Hotel Carmichael chef Joe Hsu
The immigrant from Taiwan is deep in research and development for his new role as executive chef at Vivante, a French restaurant opening in Carmel’s luxurious Hotel Carmichael on Aug. 4.
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Hogsett says city resilient, downtown to rise again
The mayor, who is in the first year of his second term, acknowledged the challenges—and even some naivete when it came to the riots. But Hogsett, a Democrat, said he’s confident in the ability of residents, the business community and leaders to address them.
Simon Property-backed venture makes offer to buy Brooks Brothers
Under the terms of the agreement, the Simon-back venture intends to purchase substantially all of the iconic retailer’s global business operations as a going concern. It has committed to acquiring at least 125 Brooks Brothers retail locations.
Indianapolis man gets 11-plus years in federal prison for leading fraud scheme
Federal investigators said Frank “Bread” Powell organized a ring that used more than 5,000 fraudulent checks to purchase gift cards and merchandise from Kroger and other stores in 12 states from January 2016 until April 2018.
Women’s apparel giant that includes Ann Taylor files for bankruptcy
The company says it intends to close all of its Catherines stores, a “significant number” of Justice stores and a select number of Ann Taylor, Loft, Lane Bryant and Lou & Grey stores.
Memory Bank: Building a seawall along Fall Creek
Fall Creek, which flows 57 miles from Pendleton to the White River in downtown Indianapolis, was a key part of architect George Kessler’s plans for a park and boulevard program that was revealed in 1909 and built and expanded over the next decades.
Kite Realty sues Oceanaire, Mattress Firm over rent disputes
In both of the suits, Indianapolis-based Kite claims that the retail tenants are in default on their leases because they didn’t pay rent in April, May or June.
Developer streamlines plans for mixed-use project on Speedway’s main drag
The $6 million project is expected to feature retail space on the first floor—already fully pre-leased—along with apartments on the second floor and condominiums on the third.
David’s Tea closes Fashion Mall store, exits U.S. market
The struggling Canada-based retail chain is closing all 42 of its stores in the United States as it restructures its finances.
Q&A with entrepreneur and downtown task force member Cebronica Luft
Cebronica Luft, CEO of the event venue Pavilion at Pan Am Plaza, is on the Downtown Indy Rebuilding and Recovery Committee.
Clay Terrace hits pause on pre-pandemic plan to add apartments, offices, hotel
Columbus, Ohio-based Washington Prime Group has told the city of Carmel it has decided to put the brakes on an ambitious plan to diversify the lifestyle center.
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.
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.