U.S. consumers more confident as holiday shopping season peaks
Americans’ expectations of a recession in the next 12 months have declined to the lowest level so far this year.
Retail
Articles
Apple races to tweak software ahead of looming U.S. watch ban
In the meantime, Apple has begun preparing stores for the ban, including sending new signs to its retail outlets that promote the Apple Watch without showing photos of the Series 9 and Ultra 2.
Retailers improving delivery speeds, meaning good news for late holiday shoppers
Walmart, Target and Amazon are all-in on the shipping wars, a move retail experts say will help them maintain a competitive edge against low-cost Chinese retailers Shein and Temu.
IBJ Podcast: ‘We’re survivors’—how the founders of Clancy’s Hamburgers and Grindstone Charley’s evolved to The Fountain Room
The story of Clancy’s Hospitality in many ways is the story of the central Indiana restaurant industry.
Two Chicks District Co. shop shifting from Bates-Hendricks to Noblesville
“Good Bones” co-star Mina Starsiak Hawk credits a business owner in Noblesville for successfully promoting the suburb.
Detroit-style pizzas are new career for NFL SkyCam crew leader
Three years after making its debut as a popular pizza pop-up, Sam’s Square Pie plans to open in January as a full-fledged restaurant near the intersection of East 10th and Rural streets.
Nordstrom Rack store planned at Noblesville’s Hamilton Town Center
Nordstrom Rack is the off-price retail division of Nordstrom, and carries merchandise from Nordstrom stores and Nordstrom.com at discounted prices.
Retail sales rose 0.3% in November as Americans hit gas on spending
The strong retail numbers Thursday were particularly surprising given some of the news coming from major retailers themselves, who say shoppers are being more selective.
Choc-Ola maker looking to bring iconic drink back to stores
The owners of Rock-Cola Cafe on the east side of Indianapolis have lined up a manufacturer that is willing to partner with them on mass distribution of Choc-Ola. They are targeting a first-quarter launch.
Kroger seeks to expand store at busy intersection in Noblesville
The plan calls for expanding the 75,000-square-foot Kroger store by 50,000 square feet, constructing 75,000 square feet of additional retail space, and adding a Kroger fuel station and retail buildings along 146th Street.
McDonald’s burger empire set for unprecedented growth with 10,000 new stores
Ahead of a day-long event for investors, the Chicago burger giant said Wednesday that it aims to have 50,000 restaurants in operation worldwide by the end of 2027.
Scarlet Lane Brewing to close two of five locations
Scarlet Lane Brewing announced Monday plans to close tap rooms in the Meridian-Kessler and Kennedy-King neighborhoods.
Alabama firm buys Keystone, Greenwood shopping centers for $27.5M, seeks more upscale targets
The company’s primary investment focus is unanchored shopping centers located in more affluent areas of major cities. Its founder sees Indianapolis “as one of the most attractive cities in the Midwest.”
Plainfield warehouse serves as auction hub for returned goods at deep discounts
Online auction hub AllSurplus Deals opened Nov. 17 in a Plainfield warehouse to sell returned and overstock items directly to the public.
Indy’s retail real estate market is bouncing back after pandemic
Indianapolis-area brokers are bullish on the future of the local retail sector as occupancy rates grow in the aftermath of the pandemic and demand for space outstrips supply in some suburbs.
Ash & Elm Cider Co. planning expansion into Carmel with restaurant, tasting room
Ash & Elm’s planned 3,500-square-foot location, part of a multi-phase development by Carmel-based Old Town Cos., will be the company’s second restaurant and tasting room when it opens in spring 2024.
Mix Food Hall closes at Kroger stores in Carmel, Fishers
Mix Food Hall locations, which offered menu items from several restaurants and filled them through online ordering, have shut down less than a year after opening in Hamilton County.
Las Vegas concept that exited Broad Ripple plans to take over former Hard Rock Cafe location
Tanya Davis plans to open a new version of Vegas Lounge & Bar on the first floor of the historic Morrison Opera Place building at 47-49 S. Meridian St.
Cyber Monday sales hit record $12.4 billion even as savings dwindle
Spending increased 9.6% from a year ago, making it the biggest online shopping day ever, according to Adobe Inc., which compiles the data.
Steakhouse planned at former LouVino location in Fishers Nickel Plate District
The 4,200-square-foot Cooper & Cow Steakhouse & Bourbon Lounge is scheduled to open in December at 8626 E. 116th St.