Penrose project to fill Mass Ave retail gap
Developers of the $50 million Penrose on Mass say they’ve already signed four commercial tenants to the block-long mixed-use project that won’t open for another five months.
Retail
Articles
Indiana-based company to resurrect Carson’s, other Bon-Ton stores
The company said it was in “advanced discussions with landlords” about reopening stores in Indiana and several other states. Bon-Ton closed 15 stores in Indiana this year, including the Carson’s in Circle Centre mall.
Chicago-based America’s Dog & Burger plans to enter Indianapolis market
The company is actively seeking franchisees to open stores in central Indiana and elsewhere in the state.
Cincinnati-based Macaron Bar bakery to open on Mass Avenue
Indianapolis traffic at the chain’s Louisville store helped seal the deal. Also: Gina’s Grill, Fireside Brewhouse, MJ Insurance, Chuck E. Cheese and Twin Jewelers.
Southern-inspired eatery/wine bar to open on Mass Avenue
It will be the fifth location overall for the Louisville-based restaurant chain, which opened a Fishers location in 2016.
Papa John’s founder sues company’s board, CEO
Papa John’s International Inc. founder John Schnatter escalated his legal battle with the pizza chain, suing the board of directors and CEO Steve M. Ritchie.
Finish Line to convert local shopping mall store to JD Sports brand
JD Sports, based in England, acquired Indianapolis-based Finish Line in June and is testing whether to convert the entire 555-store Finish Line chain to its brand.
Dwarfed by rivals, Office360 is growing, acquiring other firms
The Indianapolis-based office-supplies company had revenue near $38 million last year and is on target to hit $43 million this year. If the company hits its projections, revenue will have nearly tripled since 2013.
State settles sales tax lawsuit with four online retailers
American Catalog Mailers Association and NetChoice initially filed the suit against the state in June 2017, and Wayfair Inc. and Overstock.com joined the lawsuit in August 2017.
Rebellion Doughnuts opening in Noblesville, City Market
Restaurant-owning lawyers are branching into sweet treats. Also this week: Coffee and Table, Courtyard by Marriott, Floor & Decor, Grand Appliance and TV, Camp Bow Wow, Qdoba, Foundry 317 and more.
Noodles & Co. makes downtown closure permanent after flood
The restaurant closed July 30 when a vehicle fire in the World of Wonders parking garage for Circle Centre mall led to a flood. It never reopened.
Former Santorini location in Fountain Square gets new restaurant tenant
The co-owner of a new Mexican restaurant in Fall Creek Place plans to open a second location as soon as October.
Noblesville, developer partner on $24M apartment/parking project
The mixed-use development would provide downtown Noblesville with its first-ever parking garage and its first new apartment building in more than a century.
Sears to close another 46 unprofitable stores in November
The latest closure list includes 13 Kmart stores and 33 Sears stores, including one in Indiana.
McDonald’s, franchisees spending $6 billion to connect with customers
Hoosier franchisees say they’re seeing good results from the fast-food chain’s overhaul of its U.S. restaurants, an effort that includes self-ordering kiosks and other technology upgrades.
Kroger to phase out plastic bags at all stores
Kroger Co., the biggest grocery player in the Indianapolis-area market, orders about 6 billion bags each year.
Thunderbird owner planning price-conscious bar, restaurant by UIndy campus
Joshua Gonzales, who is a partner in the new venture, expects Jailbird to feel approachable with neighborhood-friendly pub food and easily affordable drink options.
Walmart, Target showcase retail’s ‘renaissance’
Target chief Brian Cornell says this is possibly the strongest consumer environment he’s seen in his 37-year career. Unemployment is near record lows, consumer confidence is at a 17-year high and shoppers have their wallets out.
Carmel plans redevelopment for retail property near City Center
The Mohawk Landing Shopping Center, built 36 years ago, will be redeveloped into a mixed-use property.
Southport location of Cheeseburger in Paradise goes on permanent vacation
The chain founded by Jimmy Buffett had as many as 23 locations in 2012. On Tuesday, its website counted only two after closure of the south-side eatery.