A Scottsdale, Arizona-based company announced Friday that it has closed on its acquisition of Indianapolis-based restaurant chain Scotty’s Brewhouse. IBJ first reported the deal in October.
Finish Line's decision to give up on its JackRabbit running-shoe chain and try to find a buyer marks the fourth time the company has stumbled badly while trying to diversify.
Starbucks Corp. wants to persuade its coffee-loving customers to come back for lunch, after stumbling several times in previous attempts to expand its food offerings.
Sonic is the nation’s largest drive-in chain and has solid name recognition, but has struggled to gain a major foothold in central Indiana.
The sisters who co-own the restaurant say they’re in negotiations to sell it and will serve their last customers on New Year’s Eve.
Black Friday deals — a relatively new phenomenon for the auto industry — are expected to pull November U.S. auto sales out of their recent slump.
According to First Data, almost 25 percent of the holiday dollars spent over the two-day period came from e-commerce, up from 18 percent last year and nearly 16 percent in 2014.
The Monday after Thanksgiving is traditionally the busiest online shopping day, but stores are releasing internet deals earlier, stretching them through the week, as well as making them available in stores.
Weekend shoppers picked up hot toys, TVs and new Apple products, buying both online and in stores, but spent less per person because of rampant discounting that they’ve come to demand.
The beleaguered department-store industry, facing declining mall traffic and mounting online competition, will need more than Santa Claus to get customers in the door this year.
Harley-Davidson plans to construct and open a 43,000-square-foot store in Fishers near State Road 37 and 126th Street in the Reynolds Industrial Park and close its existing north-side location.
Burn By Rocky Patel has agreed to take 5,500 square feet at the corner of Meridian and Maryland streets as mall operator Simon Property Group continues to fill spaces left by the departure of Nordstrom.
The company said it took a $1.4 million loss in the third quarter from discontinuing operations in its standalone take-and-bake restaurant operations. It plans to focus on a new restaurant concept that will debut in January.
A team of investigators spent the summer trying to answer what should have been a simple question: What were hundreds of thousands of sheets sold by big retailers like Target and Walmart actually made of?
Sophia’s on Southport Road near Madison Avenue is opening ahead of a big expansion for a dental claims processor and the construction of an $11 million senior living facility.
Shares of J.C. Penney slumped Friday after the department store chain with five local stores reported sluggish third-quarter sales, particularly in apparel, and cut its forecast for the remainder of the year.
Indiana-based Womack Restaurants began its association with the Atlanta-based chicken chain in 2014 and also has locations in Missouri, Kansas and Oklahoma.
The retailer, which operates 14 stores in the Indianapolis area, recently bought a massive distribution center in Plainfield that it plans to use in its strategy to boost online sales.
Thanksgiving Day shopping isn’t going away, but some stores are rethinking their strategies on whether it makes sense to be open on the holiday itself.
The Indianapolis-based appliance and electronics retailer suffered another money-losing quarter, though its strategy to focus more on appliances is making headway.
