Indianapolis-based tech firm Malomo acquired
Malomo was founded by serial entrepreneurs Yaw Aning, 2021 winner of Mira’s Rising Entrepreneur Award, and the late Anthony Smith.
Retail
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Indianapolis startup Ahimsa growing on the national stage
Founder Dr. Manasa Mantravadi said they’re not stopping with online sales. The Indianapolis pediatrician said the next goal for the company is to have her products in physical stores.
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All Value City Furniture stores will close as part of parent company’s liquidation
The furniture company has three locations in central Indiana and three in other parts of the state.
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Single eatery replaces Fishers Test Kitchen restaurant accelerator
Clutch Kitchen, a restaurant founded by Indiana University alum and “MasterChef” competition winner Kelsey Murphy, has taken over the spot previously filled by three counter-service concept eateries.
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Landmark restaurant Milktooth to change name, menu concept
The Fletcher Place brunch spot that helped Indianapolis build a reputation as a culinary destination is planning significant changes for 2026.
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Articles
Q&A: Love of adventure fuels Brittany Smith both on and off the job
As the senior director of community engagement at Yelp Inc., a website that helps users connect with local businesses, Smith oversees activities in the 100 or so U.S. and Canadian cities where Yelp has a presence.
Fishers chef putting plan into action for former Test Kitchen space
Kelsey Murphy, whose culinary career launched after her 2021 victory as a contestant on Fox’s “MasterChef,” opened Clutch Kitchen this month at The Yard at Fishers District in the former Fishers Test Kitchen space.
Homefield Apparel continues growth, sees revenue rise alongside IU football success
This weekend, the Homefield team is heading south to Miami to host three events to celebrate Indiana University’s appearance in the College Football Playoffs National Championship.
Retail sales rose a better-than-expected 0.6% in November as the holiday season kicked into gear
The retail sales figures, which are not adjusted for inflation, showed that in most cases shoppers focused on gifts and pulled away from other areas.
Luxury retailer Saks Global files for bankruptcy as it prepares to restructure
Saks Fifth Avenue closed its store at The Fashion Mall at Keystone in April 2024, but it operates The Fifth Avenue Club at Ironworks Hotel Indy at 2721 E. 86th St.
Restaurant designer puts stamp in Carmel with upscale Japanese eatery
In November, Kimmie Chang opened Okonori Japanese High Kitchen in The Corner, a new mixed-use development by Indianapolis-based Kite Realty Group at the intersection of East 116th Street and Rangeline Road.
Cunningham plans two-story restaurant concept in Fishers District
Developer Thompson Thrift announced several new leases for restaurants in The Union at Fishers District on Tuesday.
Christmas is over, but retailers will remain busy—with returns
The month after Christmas has been dubbed “Returnuary” for good reason. The National Retail Federation estimates 17% of holiday purchases will be sent back this year.
Instacart ends a program where users could see different prices for the same item at the same store
A recent report by consumer advocacy agencies said Instacart offered nearly three out of every four grocery items to shoppers at multiple prices as part of an experiment.
Walmart, other US companies want to build pipeline of skilled tradespeople
The nation’s largest retailer and private employer revamped its training program last year to increase its pipeline of maintenance technicians.
Strong recovery for car sales didn’t materialize in 2025 as many predicted
Did high prices, high interest rates or tariff uncertainty scare you off from buying a new car this year? You’re in good company.
FullBeauty Brands to merge with menswear retailer DXL
The all-stock deal will result in a company with combined revenue of about $1.2 billion, the companies announced Thursday.
Hendricks unveils new name for Circle Centre ahead of $600M overhaul
The planned $600 million redevelopment of Circle Centre Mall has been rebranded by its Wisconsin-based developer in honor of the city’s history as an interurban hotspot.
Tamika Catchings announces closing date for original Tea’s Me Cafe location
Tea’s Me Cafe, founded by former Indianapolis resident Wayne Ashford, opened in the Fall Creek Place neighborhood in 2005.
Local developers plan 238-unit housing project on theater site at Glendale
The 8-acre development at Glendale Town Center would consist of 193 apartments in four buildings and 48 townhouses in eight buildings.
Companies seek refunds from tariffs as Supreme Court decision looms
At issue in the pair of combined cases before the Supreme Court is whether the president exceeded his authority by relying on a 1977 law to impose the tariffs.
Holiday shopping at small businesses driven by online sales, social media focus
Small businesses are being impacted by economic instability, despite national predictions that call for record spending at small businesses this holiday season.
Food-production firm to close Indianapolis plant, terminate 168 employees
The Lancaster, Texas-based company, which makes heat-and-serve meals for grocers, was involved in a major recall of its products this year due to a deadly outbreak of listeria infections.
UPDATE: Metropolitan Development Commission approves east-side Wawa project
Convenience store chain Wawa has the go-ahead to build a location along IndyGo’s future Blue Line route after receiving a variance of development standards for the proposed project.