Martinsville sock-maker FBF Originals ready to run
The Morgan County town’s best-kept entrepreneurial secret might not be a secret much longer, thanks to private equity ownership, an expanded management team, and ambitious plans to double revenue.
The Morgan County town’s best-kept entrepreneurial secret might not be a secret much longer, thanks to private equity ownership, an expanded management team, and ambitious plans to double revenue.
The homegrown venture will open its first stand-alone restaurant on East 10th Street. Also this week: Peloton, Culver’s, Lululemon and more.
The company shut down all five of its Indianapolis-area stores earlier this year after filing for bankruptcy, but the brand has a new owner that is reopening stores in some locations.
The Deerfield, Illinois-based company operates more than 18,000 stores worldwide, including 55 or so in the Indianapolis area.
Fusek’s True Value Hardware has been located in the Lockerbie Marketplace development since June 2004.
Business has been slow to build at Beholder, which isn’t yet consistently profitable and has had to cut staffing to the bone.
Indianapolis-based Sun King acquired the business assets of the former Thr3e Wise Men location on Broad Ripple Avenue in an auction Thursday.
Asbury Automotive Group, the nation’s seventh-largest auto retailer, now has made four acquisitions in the Indianapolis area totaling more than a quarter-billion dollars since 2017. Butler is being rebranded as part of the purchase.
A growing Ohio-based chain of coworking centers announced Monday that it plans to venture into Indiana for the first time by opening a location at Hamilton Town Center in Noblesville in spring 2020.
The store sells a wide assortment of natural and organic foods, but sales have been stagnant, said owner Chris Baggott, who owns several other businesses in the area and co-founded ExactTarget Inc.
Reynolds Farm Equipment’s popular and massive holiday light display that’s long been a fixture outside its store at State Road 37 and 126th Street in Fishers is moving to Conner Prairie for the museum’s new Merry Prairie Holiday Festival.
Natural Born Juicers, which operated juice bars on Mass Ave and in Broad Ripple, has closed, the owners announced Tuesday on Facebook and on Instagram.
The two companies plan to build as many as 20 automated grocery warehouses in the United States to help Cincinnati-based Kroger—which has about 70 stores in central Indiana—turbocharge its e-commerce operation.
Jennifer Wiese’s gluten- and dairy-free bakery Bee Free makes Warrior Mix, which can be found in 4,000 stores across the country, now including Walmart.
The assets of Thr3e Wise Men’s now-closed Broad Ripple location will be auctioned off next month. Also this week: Kopetsky Auto Wash, Hendricks County Bank and Trust, Chuy’s, Ross Dress for Less, more.
Evansville-based Azzip Pizza, which has eight restaurants in Indiana and Kentucky, has a site locked up for its first Indianapolis location. The company said it could open several more restaurants in the area in future years.
Violators could be charged up to $50 for their first violation and up to $500 for more violations in the same year.
More than half of the Square Donuts shops in Indiana—including two locations in Indianapolis and one in Carmel—have closed because of contract issues, the owner of the parent company confirmed Monday.
The 15-year-old chain, which has stores in Carmel, Noblesville and Greenwood, plans to close all 261 of its locations after filing for Chapter 11 bankruptcy.
A Pots & Pans Production LLC, which provides management services for all of Scotty’s Holdings LLC’s restaurant locations, filed suit this week against Johnson Hospitality Group LLC.