Discount grocer Aldi coming to former Marsh site in Nora
The Marsh closed in April 2017 as the grocer teetered toward bankruptcy. Meanwhile, Aldi is on a tear with its plans to modernize existing stores and open new ones.
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Simon among landlords that will have to deal with Toys ‘R’ Us properties
The collapse of Toys “R” Us Inc. is yet another blow for landlords—including Indianapolis-based Simon Property Group—who now will have gaping holes of suburban retail space up for grabs. And few tenants would want them.
Honky-tonk restaurant, music venue coming to near-south side
Duke’s Indy plans to open this month in the building that formerly housed the Ice House restaurant, which recently closed after 34 years in business.
Demise of Toys ‘R’ Us will force toy makers, landlords to scramble
The company’s troubles have affected toy makers Mattel and Hasbro, which are big suppliers to the chain. But the likely liquidation will have a more significant impact on smaller toy makers that rely more on the chain for sales.
Roundup: Kimbal Musk eateries opening soon; Aldi remodelings continue
The new Musk restaurants include Hedge Row on Mass Ave and Next Door in Meridian-Kessler. Also this week: Aldi stores spruce up, electrical supply stores enter the Indianapolis market, and more.
Toys ‘R’ Us to liquidate U.S. operations, CEO tells employees
Toys “R” Us plans to shut down its U.S. operations, eliminating the jobs of some 30,000 employees while spelling the end for a 70-year-old retailer known to generations of children and parents for its sprawling stores and Geoffrey the giraffe mascot.
Man skipping out on tab leaves downtown restaurateur critically hurt
The attack that took place Tuesday afternoon at Acapulco Joe's, 365 N. Illinois St., left 57-year-old owner Grant Redmond unconscious with a blood clot on his brain that required surgery.
Thompson Thrift deviates from playbook with restaurant-anchored Fishers project
The $110 million Yard at Fishers District will feature about 15 restaurants, including two St. Elmo-owned concepts; a Sun King tasting room; a dual-branded hotel; and hundreds of apartments.
Shopping mall jewelry giant planning to weed out hundreds of stores
Signet Jewelers Ltd., which operates at least 18 stores in the Indianapolis area and thousands nationwide, is betting that a shift online can help pull the company out of a sales slump.
Porkopolis targets local market for first location outside Arizona
A barbecue joint started by an Arizona radio personality from Ohio will make its first venture outside of the Phoenix area when it opens this spring.
Record shop Irvington Vinyl closing its doors
The record store shares leased space with the bookstore Bookmamas, a separate business that also announced that it plans to close.
Claire’s on verge of bankruptcy, with creditors taking over
Claire’s Stores Inc., the fashion accessories chain where legions of preteens got their ears pierced, is preparing to file for bankruptcy in the coming weeks, according to people with knowledge of the plans.
Toys ‘R’ Us preparing to liquidate U.S. operations, sources say
Toys “R” Us Inc., which has three Indianapolis-area stores, is expected to liquidate its bankrupt U.S. operations after so far failing to find a buyer or reach a debt restructuring deal with lenders, according to people familiar with the matter.
Roundup: Circle Centre sues another tenant; Freddy’s opens 300th eatery
Circle Centre claims a now-closed beauty salon owes unpaid rent. Plus: Untuckit has joined the Fashion Mall roster, Fira Boutique has closed in Broad Ripple, and the Freddy’s steakburger chain hits a big milestone on the south side.
Man, 20, sues Dick’s, Walmart over new gun policies
A 20-year-old man filed lawsuits Monday claiming Dick's Sporting Goods and Walmart discriminated against him when they refused to sell him a rifle because of his age.
Walmart plans expansion of meal kits into more stores
The move puts the world's largest retailer in direct competition with meal-kit companies such as Blue Apron and HelloFresh.
Indy Tire & Auto Service takes on new name
Indianapolis-based Indy Tire & Auto Service has a new name: Best-One of Indy.
Invesque picks up 14 medical office buildings in $142M deal
The deal includes a portfolio of 545,000 square feet of medical office space in New York, Florida and Canada, occupied by more than 400 physicians’ practices.
Mounds Mall in Anderson closing after 53 years in business
The very first enclosed shopping center developed by mall giant Melvin Simon & Associates is shutting down at the end of the month. The looming closure of anchor tenant Carson’s was the last straw for the struggling property.
Kite Realty nixes plan for movies-and-bowling venue in Carmel
Kite Realty Group Trust’s plan to bring a Frank Theatres CineBowl entertainment venue to help fill big vacancies at Hamilton Crossing Centre has fallen through.