Two more retailers leaving Circle Centre mall
Johnston & Murphy and Yankee Candle Co. are set to vacate their spaces at the end of the month, joining Gap, Gap Kids and American Greetings as tenants departing the third floor.
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Restaurateur plans condos behind new eatery on New York Street
Mike Cunningham and business partner Patrick Heitz have received approval to build two upscale condos in one structure at the rear of the Vida restaurant, set to open early next month.
More firms give employees chance to drink on the job
Observers say the trend is a reflection of the increasing blurring of the lines between work and social lives.
UPDATE: Finish Line to close 150 stores, change CEO
The Finish Line Inc. said it will close 150 stores over the next four years and replace its CEO early next year after losing $32 million in sales in its latest quarter due to supply-chain problems.
Indianapolis area avoids Macy’s store-closing list
Macy's is slashing up to 4,800 jobs and closing 40 stores, a harbinger of hard times for retailers after a holiday season that saw a noticeable shift to online shopping and away from physical stores.
Tom Wood Lexus hitches wagon to expansion trend
The project would add a second floor to the building on East 96th Street, increase the size of the service department and create a mezzanine for a “state-of-the-art” car wash.
IBJ’s most-read stories of 2015
Despite national attention paid to RFRA and Jared Fogle, most of IBJ’s top-read online stories this year were the result of deeply sourced reporting on people, issues and businesses specific to central Indiana.
Credit union plans to acquire former Meridian Music property
Indiana Members Credit Union is hoping to open a branch in the 18,000-square-foot, two-story brick building on Old Meridian Street in Carmel.
Owner closes all five Indy-area Bagger Dave’s restaurants
Southfield, Michigan-based Diversified Restaurant Holdings Inc. said it shut down eight of its 26 Bagger Dave’s restaurants in all, including seven in Indiana. It said the restaurants were losing money.
Local McAlister’s franchisee sells 19 restaurants
McIndy Ventures LLC, which opened its first McAlister’s in 2002 in Indianapolis, has sold its portfolio of eateries across Indiana to Tennessee-based Southern Rock Restaurants LLC.
Chipotle tweaking cooking methods in wake of outbreaks
The fast-but-fresh restaurant chain plans to change the way it handles its meats, vegetables and cheese to combat a hit to its image from incidences of foodborne illness.
Plainfield shopping center closes early after online threat
The Shops at Perry Crossing in Plainfield was evacuated Friday night after bomb threats were posted on Facebook targeting the mall and its JC Penney store, police said.
Northwest-side retail center acquired for $6.5 million
Pyramid Place Shops is home to Georgia Reese’s Southern Table & Bar, Einstein Bros. Bagels, Noodles & Co., Qdoba, and Firehouse Subs.
Simon partner to buy Oslo shopping center for $578M
The Oslo City shopping mall in the Norwegian capital of Oslo has about 355,000 square feet of retail space and 366,000 square feet of offices.
Beer, wine on tap for 9 Indy-area Starbucks
The Seattle-based coffee giant is seeking alcohol permits to offer beer and wine at four Indianapolis outposts and five others in collar counties.
Artisan distilleries are on the rise since 2013 law change
The state has approved permits to let 13 distilleries sell vodka, bourbon, whiskey and other spirits directly to the public. More permits are under consideration.
Area Kroger stores to carry local distillery’s spirits
Hotel Tango’s products, including its gins, vodkas and rums, will be available in 20 of the supermarket chain’s central Indiana and Bloomington stores.
Circle Centre losing three tenants, including two originals
Gap and Gap Kids, which opened along with Circle Centre in 1995, plan to close Jan. 26. Also on the third floor, the American Greetings card shop is shutting down at the end of next month.
Downtown Dunaway’s restaurant building attracts buyer
A local company bought the historic building at 351 S. East St., near the entrance of the Fletcher Place neighborhood, and plans to convert it into office space.
Outdoor retailer Cabela’s may be hunting for a buyer
Cabela's, the outdoor sporting goods chain that opened a store in Noblesville in August, said it’s exploring strategic alternatives.