Newsstand could be history
The owners of Delaware News Co., one of the city’s last remaining old-school newsstands, are getting out of the business after more than a dozen years. Phil…
Retail
Articles
Rug dealers’ going-out-of-business sales aren’t always what they seem
Phony going-out-of-business sales long have plagued Oriental rug retailing here and across the country, dealers say. The industry
is susceptible because Oriental rugs can cost thousands of dollars, and many consumers lack the expertise to judge whether
a rug’s quality matches its price.
Fabric, French food and fillings
Today’s collection of retail and restaurant nuggets are brought to you by the letter F.
Eastside institution closing
Circle Fabric, a staple at 30th Street and Shadeland Avenue for more…
What’s old is new again
On this nasty Friday, I’ve got a few updates on previous posts. Hope everyone has a nice weekend. Here goes:
What was Flagstar thinking?
Flagstar Bank has added yet…
Circle Centre anchor struggles
The parent company of Circle Centre Mall anchor Carson Pirie Scott has joined a growing list of retailers struggling to stay afloat after disappointing fourth-quarter sales. About half…
Is mall’s sign a billboard?
The city waived several zoning requirements in allowing Simon Property Group to install a giant electronic sign at the entrance to Castleton Square Mall. The electronic portion of…
Latest real estate headlines
It’s a busy week for real estate news. Here are a few headlines:
Circuit City closes Clay Terrace store
Carmel’s high-end lifestyle center Clay Terrace has an empty big box. Virginia-based Circuit…
Retail woes continue with Cabela’s
Banking on the regional draw of outdoor retail giant Cabela’s, developers have been planning more than 100 acres of hotels, a water park, restaurants and other retail space for the southwest corner of…
Firm that sells sunglasses for large heads lands Wal-Mart deal
In March 2006, USA Today picked up a local newspaper’s profile of Indianapolis-based Fatheadz Inc., the company Rico Elmore
and two partners founded in 2005 to sell eyeglass frames for larger heads. That eventually led to the company’s big break:
A Wal-Mart Stores Inc. executive read the article and ordered buyers to track down Fatheadz to make a deal.
Condo building nears completion
Workers are putting finishing touches on the exterior of a new 17-unit condo building dubbed 707 East North on the eastern edge of downtown. The $20 million…
Running Co. takes aim at sporting-goods giants
Retired Olympic distance runner Bob Kennedy and his business partner, Ashley Johnson, have expanded their Running Co. to four
stores. The most recent expansion is their boldest yet, pitting them against mall giants Dick’s Sporting Goods, The Finish
Line and Foot Locker for supremacy among south-side runners and walkers.
Going out of business
Several stores are calling it quits at local malls. The highest profile is the Macy’s at Washington Square. Other closings include Gap stores, a Limited Too and The Walking Co. Have…
Finale underway for Piano Merchant
The Piano Merchant is closing after almost 22 years in business at the corner of 54th Street and College Avenue. One of the three partners is ill and another…
Failing Noble Roman’s franchisees say chain doesn’t deliver on promises
Noble Roman's Inc. wrote an impressive comeback story by selling its home-grown pizza and subs concepts to hundreds of
gas stations, bowling alleys and food courts. But the Indianapolis company’s push to add stand-alone restaurants across the
country isn’t going as smoothly.
Bar & Grill replacing trophy shop
Brothers Bar & Grill, a small Wisconsin-based chain, has filed plans to replace Broad Ripple Trophy Center at one of the neighborhood’s most prominent corners, said Senior Planner Bryan…
Future murky for Lafayette Square
If Simon couldn’t revive Lafayette Square Mall, what can be expected from an out-of-town company without the same mall experience? Simon Property Group is selling the 1.2 million-square-foot Lafayette Square Mall to…
Antiques mall expanding
Midland Arts & Antiques Market plans to open a 12,000-square-foot location in Carmel off of 126th Street between Meridian Street and Keystone Avenue. Midland’s flagship store occupies an historic former door factory and…
A new floral arrangement
Looking for flowers downtown? There’s a new arrangement, thanks to a shakeup among locally based florists. Enflora Flowers for Business, part of McNamara, plans to open in Chase Tower in early February. And…
Fountain Square buildings for sale
A prime block of Fountain Square real estate is on the market. Businessman Don Swayze is asking $1.2 million for two buildings and a used-car lot he owns along Virginia…
Fresh Market rendering
Several people have asked about renderings of the new Fresh Market at 54th and College. The best I can do for now is this color elevation. The top image is the view from 54th Street and shows the entrance for…