Indy-area Applebee’s owner says local locations aren’t closing
Apple American Group, which owns about 20 Applebee’s franchises in the Indianapolis area, said its restaurants won’t be among those being shut down by DineEquity Inc.
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Parent of Applebee’s, IHOP to close up to 160 restaurants
DineEquity Inc., the parent company of Applebee’s Neighborhood Bar & Grill and IHOP, is planning to eliminate as many as 160 of the restaurants, the company said Thursday.
Growing number of restaurants, bars serving board games as side dish
Standards such as Monopoly, Scrabble and Yahtzee can be found on shelves at Big Lug Brewery, Tin Roof, Thirsty Scholar and more. But some venues have gone even further—including Books & Brews and Kingmakers—are making tabletop games the centerpiece of an evening out.
Has Steak n Shake’s value pricing become detriment?
Sardar Biglari racked up 29 quarters of consecutive same-store sales gains before the current cold streak hit.
Amazon’s impact, influence grows in central Indiana
Seattle-based Amazon employs more than 9,000 full-time workers at its five Indiana fulfillment centers, four of which are in central Indiana—with plans to add more positions.
Macy’s, Kohl’s renew fears of intractable retail slump
A fresh round of sales declines at Macy’s Inc. and Kohl’s Corp., though less severe than Wall Street had feared, is renewing concerns that the department-store industry can’t pull out of a years-long slump.
UPDATE: Man charged over threats to blow up Indiana shopping center, schools
The U.S. Attorney's office in Indianapolis said Monday that Buster Hernandez also is accused of making cyber threats to juvenile females and producing child pornography.
NAPA Balkamp moving 190 employees from Indy to Plainfield
The town of Plainfield announced Friday morning that auto parts distributor NAPA Balkamp will move its corporate headquarters from Indianapolis to the former Galyan’s Trading Co. building.
Dunkin’ Donuts considering name overhaul
Dunkin' Donuts said it won't make a decision on whether it will change its name until late next year, when it expects to start redesigning stores.
Simon Property tops quarterly estimates, raises full-year guidance
Shares in the Indianapolis-based mall owner rose in early-morning trading Tuesday after the company increased its quarterly dividend and its full-year guidance for 2017.
Safeway stores get fix-up under new owners
Local grocery chain Safeway, hatched during World War II, has outlasted other homegrown competitors at a time large nationals are increasing their market share.
Starbucks to close all Teavana stores as sales disappoint
Four of Teavana’s 379 locations—which will all shut down over the coming year—are in Indianapolis-area malls.
DINING: Revamped Fall Creek Place restaurant shifts emphasis to late-day breakfast
The interior of 22nd St. Diner holds no spinning-stool counter or revolving dessert display, and while there is an emphasis on breakfast foods, they don’t come in the standard diner shapes and sizes.
Vaping industry takes off after monopoly removed
Indiana’s once-struggling vaping industry is expanding again now that a new state law has eliminated a monopoly that strangled manufacturers’ ability to sell their products here.
Sports retailer stocks fall as Hibbett posts gloomy outlook
Hibbett, a sporting goods chain with more than 1,000 stores, including several in the Indianapolis area, announced bad news Monday morning. Shares of its competitors, such as Indianapolis-based Finish Line Inc., also fell.
Carson’s in Circle Centre is part of reeling department store firm
The parent company of Circle Centre mall’s sole anchor, Carson’s, is facing steep challenges, with some retail experts wondering whether it will be the next big chain to collapse.
Simon, Kite seek to dispel ‘retail apocalypse’ narrative
Some portfolio managers believe the market is painting the retail sector with too broad a brush. Yes, they say, many malls will go under, as will many retailers. But developers focusing on high-end properties—a description that fits both Simon and Kite—should fare just fine.
Kroger lays out plans for 11 former Marsh grocery stores
Kroger said it will first focus on reopening seven of the stores, spending $20 million on renovations.
Circle Centre announces additions to tenant mix
A store that specializes in denim, a new eatery and a souvenir shop have set their sights on the downtown shopping center.
Key HHGregg executives could pocket $675,000 in incentive bonuses
Executives eligible for the additional pay, if certain benchmarks are hit through the company’s bankruptcy, include Kevin J. Kovacs, HHGregg’s chief financial officer and acting CEO.