Restaurateur closes Broad Ripple eatery to focus on downtown spot
MoFoCo, formerly known as the Monon Food Co., closed its original Broad Ripple location on Sunday.
Retail
Articles
No assembly required? Ikea to buy services site TaskRabbit
Furniture retail giant Ikea—which is set to open a massive new store in Fishers on Oct. 11— is making moves so you don’t have to assemble a sofa or bookcase yourself.
Finish Line shares spike on latest takeover report
Shares in Finish Line Inc. surged late Thursday after the New York Post reported the Indianapolis-based retailer was nearing a deal to be acquired by United Kingdom-based Sports Direct International.
Popular Mexican restaurant in Fishers plans second location
Riviera Maya Mexican Cuisine, 8657 E. 116th St., has announced plans to open a second eatery in a highly visible but long-abandoned former restaurant site near 96th Street and Interstate 69.
Changes afoot at Greek dining mainstay
The owners of Santorini Greek Kitchen in Fountain Square are bringing in a management firm so they can fully concentrate on their new downtown banquet facility.
Chicago-based taco bar preparing to open downtown Indy location
A restaurant with three locations in Chicago plans to occupy the first-floor space vacated earlier this year by Tilted Kilt Pub & Eatery at South Meridian and Georgia streets.
Target to increase hourly base pay to $15 by end of 2020
Target Corp. said the move will help it better recruit and retain top-quality staff and provide a better shopping experience for its customers.
Finish Line reports tough quarterly results, downsizes forecast
The Indianapolis-based athletic footwear and apparel retailer also made changes to its board and executive ranks.
Firms find gold helping vendors sell on Amazon
Amazon has become such a colossal retail force that scores of companies have formed specifically to support Amazon vendors. And some of those firms are based in Indiana.
Nora hardware store to be replaced by $27.1M apartment project
Called the Notch at Nora, the 186-unit development from TWG received rezoning approval Wednesday from the Metropolitan Development Commission despite neighborhood opposition.
A dozen downtown restaurants claim steaks as their specialty
Whether you prefer Prime beef, Black Angus or Wagyu, or want your steak served sizzling in butter (see Ruth's Chris) or carved at your table (see Fogo de Chao), there's something here for everyone.
Toys ‘R’ Us files for Chapter 11 bankruptcy
The company filed Chapter 11 documents late Monday in U.S. Bankruptcy Court in Richmond, Virginia. The chain secured $3 billion in debtor-in-possession financing to stay open while it restructures, according to a company statement.
Bottleworks project on Mass Ave to feature food hall
The developer of the massive $260 million project is planning for space to host a broad mix of vendors, ranging from seafood purveyors and fruit-and-vegetable stands to restaurants of various sizes.
Some Toys `R’ Us vendors cutting shipments on bankruptcy fears
Some suppliers to Toys “R” Us Inc. have scaled back shipments to the retailer as it struggles to refinance debt and avoid a potential bankruptcy filing, according to people with knowledge of the matter.
Finish Line stock jumps on takeover speculation
Stock in Finish Line Inc. rose 6.5 percent Wednesday after an analyst at Susquehanna Financial said he believes a buyout of the Indianapolis-based retailer is likely.
Target bumping up holiday hiring by 40 percent
Target Corp. says it is hiring 100,000 people to work during the hectic holiday shopping season, up 40 percent from last year.
Whole Foods sees 25 percent jump in shoppers after Amazon cuts
Amazon.com Inc.’s splashy takeover of Whole Foods, complete with deep price cuts, did more than bring a surge of publicity to the chain: It boosted customer traffic.
Indianapolis has pros, cons as potential Amazon HQ2 contender
Tech leaders, including Salesforce CEO Marc Benioff, think Indianapolis would be a great location for Amazon’s second headquarters. And, like other cities in the running, it has some strengths and weaknesses.
Coop builder takes henhouses to next level
Andrew Brake build his first coop to house chickens in his own backyard. But he’s turned his hobby into a new career and how builds coops worth thousands of dollars.
Hamilton County employers try to fill thousands of positions as jobless rate falls
No particular industry sector appears safe from the impact, as the county’s unemployment rate falls below 3 percent. Companies in health care, information technology, advanced manufacturing and construction are all struggling to find workers.