Articles

More bad news for Indy malls

Bankrupt retailer Steve & Barry’s now plans to close all of its remaining stores, including anchor shops at Lafayette Square and Washington Square malls. Bay Harbour Management and York Capital Management,…

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Dreyer & Reinbold adds Maserati luxury line

In the midst of one of the worst financial markets in decades, Dennis Reinbold has launched Maserati of Indianapolis at his
Dreyer & Reinbold BMW Infiniti-Mini complex on the north side.

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Around town retail round-up

Several retail nuggets to peruse today:
Reis-Nichols plans to add 2,000 square feet to its Greenwood store by taking over the former Steve’s Flowers & Gifts space. The $500,000 project is slated to…

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3Mass taking shape

The luxury condo and retail project called 3 Mass is taking shape as sales pick up speed. Buyers have snapped up 26 of the 44 units, including $8 million in sales in September and October, said Todd Maurer of lead…

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Credit mess puts Ralston on hold

A $60 million project slated for South Street between Meridian and Pennsylvania streets is on hold until credit markets return to some semblance of normal, the developer…

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Around town retail roundup

Loads of retail news to report today:
UPDATE: The Taste of Tango restaurant may be back on track. A sign on the door says the restaurant is “coming soon” and “now hiring.” Old…

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Ace eyes Fall Creek Place

King Park Area Development Corp. is in advanced talks with Ace Hardware to anchor a new retail project at the northeast corner of 22nd and…

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Watch out, King David

A California chain called Jody Maroni’s Sausage Kingdom plans to open a new store in Circle Centre Mall. The restaurant calls itself “Home of the Haut Dog” and serves gourmet…

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Before & After: Fountain Square

A former used-appliance store in Fountain Square has a whole new look after a $300,000 renovation. The property at 1315 Shelby St. now has four…

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New life for Whole Foods plan?

An Atlanta firm is hoping to revive the development of a Whole Foods grocery at the northwest corner of 86th Street and Keystone Avenue. Dominion Capital, which took over the site…

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Hat World shows sign of recovering from lackluster year

The locally based headwear retailer Hat World made a name for itself by snatching up competitors and opening hundreds of
stores around the country. However, after sluggish sales in the fiscal year that ended Feb. 2, the company–a
unit of Nashville, Tenn.-based Genesco Inc.–says it plans to open fewer stores than usual this year so
officials can put their focus back on existing operations.

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Popular Crawfords bakery closing

Crawfords Bakery & Deli is closing its retail bakery at 16th Street and Capital Avenue across from Methodist Hospital. The local company, established in 1981, will continue operating a 25,000-square-foot wholesale…

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Independent coffee shops feeling perkier than Starbucks

At a time when Starbucks is closing hundreds of stores nationwide, he and other local independent coffeehouse owners say they’re doing just fine, largely because they’re infusing their stores with personality and offering consumers an experience chain stores can’t replicate.

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