Victoria’s Secret to close 23% of its North American stores
Victoria’s Secret said it would close 251 stores in North America by the end of this year after parent L Brands Inc. suffered a fiscal first-quarter loss of $296.9 million.
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Massive $55M logistics project in works in Johnson County
The Whiteland Town Council has scheduled a special meeting to consider a tax abatement related to the proposed development of 997,000-square-foot logistics building on 121 acres near Interstate 65.
Mass Ave business owners criticize city’s plan to close streets for outdoor dining
A group of 23 local restaurant, retail and not-for-profit leaders has gone on record to oppose the city’s plan to close Massachusetts Avenue to traffic through July 4 to allow for more outdoor dining.
Memory Bank: Baby carriages, chairs and more at People’s Outfitting
People’s Outfitting Co. was a department store founded in 1893 in Detroit that opened in Indianapolis around 1899 at 133-135 W. Washington St., where it sold furniture, carpet, cameras, jewelry and household items.
Indy Parks board OKs lease for Broad Ripple Park development
The Indianapolis Parks Department has preliminarily agreed to pay nearly $1 million per year to lease space in a new family center planned for Broad Ripple Park.
Target’s online shift prepared it for pandemic
A years-long campaign by Target to compete with Amazon.com online was, as it turns out, a dry run for the health crisis.
Pier 1 to go out of business, permanently close all 540 stores
The home-goods retailer has two stores in Indianapolis and three in the suburbs (Plainfield, Carmel and Noblesville).
Sales soar at Walmart as it becomes lifeline during pandemic
Online sales in the U.S. jumped 74% for the quarter ended April 30. Same-store sales rose 10% on strong sales of food, health and wellness goods.
Developer planning 35 condos, townhomes on near-east side, including church conversion
The Michigan-based firm intends to develop 20 condos and 15 townhomes on parcels near the nexus of the Holy Cross, Arsenal Heights and Woodruff Place neighborhoods.
Burgerhaus’ downtown canal location likely won’t reopen
The restaurant opened in 2014. The chain also has locations in Carmel, Schererville and Valparaiso.
Developers make $27M in bond requests from Carmel to spur multiple projects
The Carmel City Council on Monday voted to send developer-backed bond requests for four major real estate projects to the city’s Land Use Committee for further review.
City considers major street closures to expand outdoor dining
Marion County’s reopening plan allows restaurants to open at 50% capacity on Friday—but only if diners eat outside.
Downtown steakhouse joins list of restaurants permanently closing
The Facebook page for the upscale restaurant lists the location as “permanently closed.” It has been removed from the company’s online list of restaurants, and its local phone number no longer works.
Kroger announces new bonuses after cutting hazard pay to workers
Just days after announcing it would end hazard “hero” pay to front-line workers, Kroger says it will give them extra “thank you” bonuses.
J.C. Penney files for bankruptcy, plans to close some stores
The 118-year-old retailer was struggling long before the public health crisis forced it to temporarily shutter all of its stores.
Memory Bank: Eating popsicles in the 1950s
This photograph of children eating popsicles in front of an old store was taken by James O. Fox at an unmarked location, but likely on the near-west side in the 1950s.
Area homebuilders saw applications rise in April despite pandemic limitations
Applications for home construction permits rose 5% in the Indianapolis area in April, marking the ninth monthly increase in the past 10 months on a year-over-year basis.
U.S. retail sales plunged record 16% in April amid shutdowns
A long-standing migration of consumers toward online purchases is accelerating, with that segment posting a 8.4% monthly gain.
Last Indianapolis Bravo! restaurant closes permanently
The northwest-side location, in the Willow Lake East shopping center, was Bravo!’s last remaining Indianapolis location. Its parent company, Florida-based FoodFirst, filed for bankruptcy protection last month.
Broad Ripple sports bar calls it quits after 30 years in business
Nicole Harlan-Oprisu, who co-owns Old Pro’s Table and several local restaurants, previously told IBJ that business has been difficult during the pandemic.