The raids at La Carreta restaurants in Merrillville and Schererville were part of a larger investigation that targeted El Rodeo restaurants in the Indianapolis area, Lafayette, West Lafayette and Richmond.
The Marion County Prosecutor’s office led a multicounty police raid at lunchtime Monday that closed numerous eateries in the El Rodeo Mexican Restaurant chain.
The local rest estate investment firm says it will use some of the proceeds to repay debt and the rest to fund part of its recent $307 million purchase of nine Southern retail properties.
The company said it has entered into agreements to open 45 stand-alone take-n-bake pizza locations.
Shelbyville-based Chocolate for the Spirit is opening a retail storefront in Carmel in time for the holiday shopping season.
Former Marsh Supermarkets Inc. executive Bill Marsh has joined the Indianapolis office of Colliers International as vice president of retail services.
Tractor Supply Co. plans to move its Westfield store next year from U.S. 31 to a new development planned for State Road 32 just east of Spring Mill Road.
The Indianapolis-based real estate firm said the properties total 2 million square feet and are mostly located in Florida, Georgia and Texas. The acquisition would bump the size and value of Kite’s portfolio by about 20 percent.
With an estimated 8 percent of shoppers using food stamps, the impact will probably be felt most acutely by discount retailers such as Dollar General Corp., Family Dollar Stores Inc. and Wal-Mart Stores, analysts say.
HHGregg Inc.’s revenue fell in its latest quarter as the Indianapolis-based electronics and appliance retailer saw a decline in sales of televisions and computers.
A years-long fight between Marion County and mall developer Simon Property Group Inc. has moved to the Indiana Tax Court as a judge weighs vastly different estimates of the values of Lafayette Square Mall and Washington Square Mall.
Indiana bars and liquor stores will be able to stay open an extra hour this weekend as daylight saving time ends for the year.
The local auto group that sells 14 car brands could move its Toyota dealership from Lafayette Road to the Zionsville site, where the population is growing thanks to the Anson development.
Strong demand for space in Simon’s outlet malls helped boost occupancy at its U.S. properties to 95.5 percent, up from 94.6 percent a year earlier.
Sisters Jan Long and Chris Mowery had little more than an idea in 1995 when they trekked to Kmart’s corporate headquarters to pitch a product they thought had potential: a recyclable bird feeder their father had designed to promote his plastics business. They left with their first big contract.
Cafe Patachou founder Martha Hoover contends the owner of newcomer Crust in Carmel has stolen the look of her Napolese pizzerias and is confusing customers.
Carmel-based SteadyServ Technologies expects to roll out its keg-sensor system early next year and trigger an aggressive hiring phase.
The Michigan-based owner of the Indiana mattress stores plans to take them upscale with a signature sleep-diagnostic system.
Simon Property Group now is the largest real estate company in the world and has a stock market value of $59 billion. That’s $6 billion more than Eli Lilly and Co., not that Simon's hypercompetitive CEO, David Simon, has noticed.
Deylen Realty’s latest development along bustling Virginia Avenue calls for 68 apartments and 9,900 square feet of retail space between the existing Mozzo apartments and Villagio condos.
