Also, in the latest North of 96th roundup, a barber shop and wellness lounge is planning its grand opening. Meanwhile, a Carmel theater has reopened and a Zionsville tea room is closing.
Steak n Shake revenue plummeted to $78.8 million in the third quarter, down from $141.3 million a year ago.
Owner Catello Avagnale, who moved to the area from his native Italy in 2014, will operate both a restaurant and a market in an 8,400-square-foot space in the Clearwater Springs shopping center on East 82nd Street.
The fast-casual burger chain has secured a third Indy-area location, this one on the first floor of a ritzy downtown apartment building nearing completion by the Mass Ave Cultural District.
Chicago Mayor Lori Lightfoot says she isn’t sure the governor’s new restrictions are targeting the right people and worries that they will adversely affect the city’s economy.
Launched in 2017, Burger Study was designed to attract downtown office workers, convention attendees and spectators for sporting events and concerts. All of those populations have been cut thin by the pandemic.
There’s one thing Eddie is certain about: Without more government assistance, a large percentage of local restaurants will close. And that, he said, won’t be good for the community.
The 86th Street store, which is set to open next month, will be the first in Indiana for the Maryland-based chain. Also this week: Nada and Downtown Arts Market.
Biglari Holdings’ Sardar Biglari is pushing for reforms at Cracker Barrel Old Country Store even as Biglari restaurant Steak n Shake teeters.
The program, called the Hospitality Establishment Lifeline Program, will provide grants to Marion County bars, restaurants and live entertainment venues that pay food and beverage taxes.
Up to now, the business has primarily served architects and designers in bigger markets. Also this week: Lou Malnati’s, Dave & Busters, Godiva Chocolatier, Nesso, Jiffy Lube.
Restaurants are trying to figure out how to extend the outdoor dining season using space heaters, tents, temporary igloos and even blankets. Heat lamps are already in short supply.
Ed Sahm, the restaurant group’s founder and owner, said the pandemic-related exodus of downtown office workers meant the two locations are no longer financially viable.
Cracker Barrel Old Country Store Inc. is converting one of its Indianapolis restaurants into a food-preparation-only location as a way for the company to experiment with the emerging “ghost kitchen” trend.
More than four out of 10 restaurant operators in Indiana say it is unlikely they will still be in business six months from now if current business conditions continue, according to survey released Tuesday by the Indiana Restaurant and Lodging Association.
IBJ Podcast: Pete the Planner urges immediate support for restaurants, plus answers to burning money questions
We all know that restaurants have been devastated by the pandemic. Some have closed, and Pete predicts more are about to. He suggests determining how much you can afford to help and then spending that cash at two or three restaurants that are meaningful to you.