Noble Roman’s takes newest concept to Greenwood
The Indianapolis-based chain says it’s scouting sites for yet another Craft Pizza & Pub that it hopes to open by year’s end.
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Simon Property misses Wall Street expectations as profit sinks
The Indianapolis-based shopping mall operator said all of its U.S. properties have reopened, with the exception of a handful in California that were forced to close for a second time on July 15 because of government mandates.
Fine-dining Japanese restaurant opens downtown
Hinata, which opened July 31, promises to offer diners authentic Japanese cuisine. Also this week, Tina’s Traditional Tearoom, Colts Pro Shop, The Warehouse Sale.
IBJ Podcast: The owner of Windsor Jewelry talks about surviving the riots and pandemic
Plus, hear from Mayor Joe Hogsett, who spoke to IBJ’s editorial board last month about some of the very problems Bires is concerned about for downtown.
Rep. Greg Pence criticized for race-related items sold at his mall
The Exit 76 Antique Mall in Edinburgh has more than 4 million items for sale by the merchants who rent booths, but sprinkled throughout the mall’s 72,000 square feet are also dozens of objects that trade in Jim Crow-era caricatures and stereotypes.
Westgate car dealership to be sold to Hoosier dealer group
The Plainfield business is bucking the trend of local dealerships getting scooped up by large national conglomerates.
Simon Property-backed venture makes offer to buy Brooks Brothers
Under the terms of the agreement, the Simon-back venture intends to purchase substantially all of the iconic retailer’s global business operations as a going concern. It has committed to acquiring at least 125 Brooks Brothers retail locations.
Women’s apparel giant that includes Ann Taylor files for bankruptcy
The company says it intends to close all of its Catherines stores, a “significant number” of Justice stores and a select number of Ann Taylor, Loft, Lane Bryant and Lou & Grey stores.
Three new businesses transform Irvington building
The former Indiana Farm Bureau Insurance office now houses a coworking space, events center and bar. Also this week: Green District Salads, Old Pro’s Table, BounceU and Della Leva Espresso Bar.
Barnes & Noble uses COVID-19 shutdown to refresh stores
It’s part of a chain-wide move to give store managers more autonomy. Also this week: Apocalypse Burger, Enterprise Car Sales, and America’s Best Contacts & Eyeglasses.
Simon Property Group diving into retail ownership
Simon is veering into retailer ownership in a substantial way, emboldened by its successful partnership with two other firms to buy the teen-oriented mall chain Aeropostale out of bankruptcy court in 2016.
Speakeasy-style whiskey bar coming to Mass Ave
The historic Hammond Block building will be the second location for the bar that started in South Bend. Also this week: Fresh Thyme, The Empty Vase, Forever Gallery, Lily & Sparrow, Kits & Kaboodle and more.
Jeans retailer Lucky files for bankruptcy, with Simon-affiliated group bidding to buy company
Lucky said it plans to close 13 stores and could shutter more during the bankruptcy process.
ROUNDUP: JP Parker Flowers vacates Indy store, adds retail truck
The interruption in downtown convention business caused the closure. Also this week: Studio C, Tandoor & Tikka, Peppy Grill, The Fudge Kettle, 21st Amendment Wine & Spirits.
Pandemic shutdown helps local garden centers blossom
Stay-at-home orders led central Indiana homeowners to spend money on their outdoor living spaces, even after a slow start to spring.
Coworking chain taking over former restaurant space in Circle Centre
The lease will be COhatch’s second with Circle Centre landlord Simon Property Group. The firm previously announced plans to open a coworking space at Simon’s Hamilton Town Center in Noblesville.
Macy’s cutting 3,900 corporate jobs as layoffs hit headquarters
The job cuts are in addition to the staff reductions already taking place inside stores, along the Macy’s supply chain and in customer support roles.
Dollar General to bring new urban-concept DGX store to Mass Ave
DGX represents a new direction for Dollar General, which has traditionally focused on small-town and rural locations. Also this week: Quaff ON!, Bru Burger, Jiffy Lube, Tire Discounters, 16 Bit Bar + Arcade.
GNC files bankruptcy, plans to close up to 1,200 stores
The health and wellness company’s Chapter 11 petition filed in U.S. Bankruptcy Court allows the retailer to keep operating while it pursues a dual-track process to restructure its balance sheet in a standalone plan or complete a sale
Noblesville game shop set to open store on Mass Ave in July
It will be the second location for Moonshot Games, which opened its Noblesville location in 2018. The company says business is booming despite the COVID-19 pandemic.