Starbucks, Panda Express planned at Glendale Town Center
Orange chicken and Frappuccinos will be sold from standalone locations near the intersection of North Keystone Avenue and East 62nd Street.
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Food companies feel the pain as consumers reject higher prices
PepsiCo’s and Conagra’s latest quarterly results suggest that consumers frustrated by rising prices are now spending less on established brands, particularly in the snack and soda aisles.
Two new lawsuits allege Greenwood Park Mall shooting could have been prevented
The lawsuits were filed on behalf of Rosa Gomez, who survived the shooting, and the families of Victor Gomez, Pedro Pineda and Rosa Pineda, all of whom were killed in the mall’s food court on July 17, 2022.
Costco raises annual membership fees for the first time since 2017
The company disclosed the forthcoming 8% increase in the fee to gain entry into its more than 700 warehouses in the U.S. and Canada as part of a monthly sales report Wednesday.
Fishers-based Vibenomics signs national deal with Lowe’s
Fishers-based Vibenomics has signed a deal with home improvement retailer Lowe’s, which is using Vibenomics digital advertising technology in its more than 1,700 stores nationwide.
Mambo’s Cheesesteak Grill adds location at Salesforce Tower
Restaurateur Carla McDaniel opened the original Mambo’s Cheesesteak Grill at Indianapolis City Market in 2015.
Wahlburgers in Carmel, MOTW Coffee & Pastries in Castleton close
Boston-based chef Paul Wahlberg founded Wahlburgers, a chain co-owned by his brothers, actors Mark and Donnie Wahlberg. The Carmel location was the only one in Indiana.
Parent company of Saks Fifth Avenue to buy Neiman Marcus for $2.65B
The new entity will be called Saks Global, creating a luxury powerhouse at a time when the arena has become increasingly fragmented with different players.
Starbucks store on Mass Ave could become first in city to unionize
Baristas at the 430 Massachusetts Ave. store this week filed a petition for a union election with the National Labor Relations Board.
Carmel looks to create designated outdoor refreshment area
Noblesville and Westfield previously approved DORAs in their cities. People in the districts are allowed to purchase alcoholic beverages from approved vendors and carry them outside to be consumed within the district’s boundaries.
Walgreens en route to closing hundreds—maybe thousands—of stores
CEO Tim Wentworth told analysts Thursday morning that “changes are imminent” for about 25% of the company’s 8,600-plus stores nationwide, which he said were underperforming. Walgreens counts more than 100 stores in central Indiana.
Outdoor retailer L.L. Bean to open first Indianapolis store
The 16,500-square-foot store will take over part of a space previously occupied by a Buy Buy Baby that closed in 2023.
Tinker Coffee to open Butler-Tarkington cafe in former firehouse
Tinker Coffee Co. co-founder Jeff Johnson said an opening date this fall is likely for the company’s first location north of 16th Street.
McDonald’s ending its test run of AI-powered drive-thrus with IBM
Numerous fast food chains have begun exploring the implementation of AI across operations over recent years, with many pointing to possibilities of maximizing speed and cutting costs.
Retail sales rise meager 0.1% as still-high inflation curbs spending
Economists said the report reflected an increasingly cautious consumer.
New restaurant to take over Marco’s site at 54th and Keystone
The Shadow Lounge will open in a building that was previously occupied by Marco’s Restaurant & Lounge and Capri Italian Restaurant across six decades.
IBJ Podcast: Sushi eatery owner expanding in Mass Ave area with new restaurant, refreshed Metro
Bill Pritt digs into the origin story of Mass Ave’s Forty Five Degrees and the real estate acquisition—and yogurt shop—that helped him succeed. Plus, he serves up details from his plans for Harrison’s Restaurant and the Metro.
Return of the deals: ‘Happy hour’ discounted drinks will be legal in Indiana for first time in decades
Indiana banned the happy hour tradition of cheap drinks sold for a limited time in 1985. A new law goes into effect July 1.
Supreme Court, siding with Starbucks, makes it harder for NLRB to win court orders in labor disputes
Workers at 437 company-owned U.S. Starbucks stores have voted to unionize since late 2021, according to the NLRB, but none of those stores has secured a labor agreement with Starbucks.
Former Milktooth chefs bring new perspective to Speedway venture
On June 12, Josh Kline and Zoë Taylor will open their own business in Speedway: a combined restaurant, bakery and market known as Borage.