U.S. store closures this year already exceeding 2018 total
The number of closures indicates that traditional retailers are struggling to respond to shoppers' increasing shift online even as they're working hard to reinvent their businesses.
The number of closures indicates that traditional retailers are struggling to respond to shoppers' increasing shift online even as they're working hard to reinvent their businesses.
The closure is the second to be announced by the Indianapolis-based restaurant chain this week and the seventh since December.
Foamcraft Inc. plans to open a pop-up store in Circle Centre under the Comfort Option name. The store is initially scheduled to be a one-month endeavor, but could be there much longer if things work out.
A 43-year-old pizza chain with more than 100 restaurants in 22 states is planning its first foray into Indianapolis with a location near the airport. It also plans a Whitestown location early next year.
The chain's performance declined after founder Scott Wise sold it in December 2016, and in recent months it has closed four restaurants and announced plans to close a fifth.
The family-friendly restaurant, which will have a retro-diner atmosphere, will also acknowledge the space’s history as the former home of Talbott Street Nightclub.
Walmart on Wednesday said it plans to spend $96 million this year in Indiana to remodel 19 stores and expand some of its customer-service options and technology.
The best-known name in detergents is about to bring its fast-growing laundry-services business to the Indianapolis area after acquiring five local dry cleaning stores.
The closure will be the sixth for the Indianapolis-based restaurant chain since late last year. It comes as corporate parent Scotty’s Holdings works its way through Chapter 11 bankruptcy.
The company sells fresh-made food via vending machines it calls “fridges.” It plans to deploy 18 machines here this month, with plans to add more over time.
Real estate agent and nearby resident Kelly Lavengood says she was inspired by other rehab projects in the area to buy and renovate the former Pure Oil gas station on 38th Street.
The iconic Fishers restaurant known for its giant pork tenderloin sandwiches and its historic downtown building is set to close later this month after 28 years in operation.
Nashville, Tennessee-based LifeWay Christian Resources plans to close all of its bookstores nationwide this year and operate online only.
The parent of Ann Taylor and Lane Bryant is exploring options for its lower-priced women’s clothing chain, Dressbarn, according to people familiar with the matter.
The building, 9105 E. 56th St., anchors the 20-acre Harrison Commerce Park at Fort Harrison. The property has changed hands three times in the past eight years.
After operating for decades downtown, the family-owned business is heading for its third location within the past two years—a carriage house in the Historic Meridian Park neighborhood.
The locally based international grocery store chain has acquired a long-vacant Target store in Castleton and the adjoining retail center.
The space will allow the not-for-profit to provide more meals at the eight local schools it serves, plus add on-site job training for high-school students.
The craft distiller’s products already are available at about 700 of the state’s 4,000 outlets licensed for retail alcohol sales, but company officials have far higher ambitions.
The second location of Rize will have twice the space as the original Rize at Ironworks Hotel in Indianapolis.