Massage franchise expanding Indiana presence
Scottsdale, Ariz.-based Massage Envy plans to open nine new locations in Indiana in the next year. Five of those should be in the Indianapolis area.
Retail
Articles
McNamara moving from Broad Ripple after 57 years
The florist is moving from the Broad Ripple retail space it has occupied since 1954. Local developer Buckingham Cos., which purchased the property in 2000, is preparing for the redevelopment of Monon Place.
Retailers post strong June sales numbers
American consumers, enticed by warmer weather and deep discounts of up to 80 percent on summer merchandise, went on a buying binge in June, helping many retailers deliver robust revenue gains.
Mike’s unveils new design for new carwashes
Two new carwash facilities in Anderson and West Lafayette will bring the Indianapolis-based chain to 39 stores.
M&I Plaza revamping entry, lands King David and Main Street Deli as tenants
The main entrance is getting a $1 million makeover as the 28-story building prepares to welcome two new restaurant tenants.
Will Biglari use Steak n Shake playbook at Cracker Barrel?
Biglari Holdings began scarfing up Cracker Barrel shares in March and now has amassed a 9.8-percent stake worth $109 million.
New Marsh exec hopes to grow market share
Marsh Supermarkets has hired grocery executive David C. Siegel to the new position of senior vice president of merchandising and marketing strategic initiatives. He follows new CEO Joseph M. Kelley from Price Chopper in New York.
INSIDE DISH: King David Dogs nabs bigger digs
Thinking his emporium for all-beef franks has maxed out its sales potential, Brent Joseph cut a deal to relocate to an epicenter for downtown office complexes and triple seating.
Finish Line posts 20-percent jump in earnings
Athletic shoe and clothing retailer Finish Line Inc. said Thursday that its fiscal first-quarter earnings and revenue rose, but revenue fell just short of Wall Street's expectations.
16 Park project helping to transform Indianapolis neighborhood
The first building of a new complex on near-north side is set to be completed in August
Indy taco-truck business rolling into other cities
West Coast Tacos, which led a mobile culinary trend in Indianapolis last summer, plans to expand into Carmel and Fishers, as well as Bloomington and West Lafayette, in the next few months.
Well-located Carmel retail center plagued by vacancies
Merchants’ Square shopping center, built in 1970 as the enclosed Keystone Square Mall and redeveloped into an open-air center and renamed in the mid-1990s, is riddled with vacancies and bracing for another high-profile departure, despite its prime location.
Anderson firm to sell antimicrobial product in big box stores
Coeus Technologies has begun selling its Ultra7 product through HomeDepot.com.
IHOP adding several restaurants
The chain is trying to regain a foothold in central Indiana with two locations under construction and at least three more in the works.
INSIDE DISH: Italian eatery tables expansion amid downturn
Aaron O'Mara, co-owner of Augustino's, expected to open several locales until the economic downturn and a dip in sales scuttled those plans. Now he hopes to hold the line.
Airport Borders store on bankrupt chain’s hit list
Indianapolis International Airport officials could know by next week whether the Borders bookstore inside the terminal will survive a third round of store closures tied to the chain’s Chapter 11 bankruptcy proceedings.
Report paints brighter picture for retail
The real estate investment firm Marcus & Millichap says vacancy rates and tenant concessions in Indianapolis are falling while rents and sale prices are poised to rise.
City picks team for $15M Broad Ripple parking garage
The structure planned for the southwest corner of Broad Ripple and College avenues also would include first-floor retail space and a police substation. Construction is set to begin this summer and be complete by mid-2012.
Locally based Business Furniture expands into Illinois, Iowa
New markets to be added later this year are expected to double the company’s sales within five years.
R.Lynda clothing boutique pulls plug on venture before opening
Construction of the shop at Traders Point Shopping Center was already underway.