Macy’s Inc., which did not release a list of stores it will shutter, also said it will expand its higher end Bloomingdale’s and Bluemercury chains.
Nordstrom Rack store planned at Noblesville’s Hamilton Town Center
Nordstrom Rack is the off-price retail division of Nordstrom, and carries merchandise from Nordstrom stores and Nordstrom.com at discounted prices.Read More
Alabama firm buys Keystone, Greenwood shopping centers for $27.5M, seeks more upscale targets
The company’s primary investment focus is unanchored shopping centers located in more affluent areas of major cities. Its founder sees Indianapolis “as one of the most attractive cities in the Midwest.”Read More
Long an east-side question mark, Irvington Plaza now has a buyer with plans for redevelopment
A firm owned by a former IU football player is in the early stages of revamping the deteriorating shopping plaza that once served as Irvington’s main retail hub.Read More
One dead, one wounded in shooting outside Castleton Square
The shooting occurred just before 8 p.m. outside the state’s largest shopping center, the Indianapolis Metropolitan Police Department said.Read More
The sale of Merchants’ Square to Big V Property Group from Jericho, New York-based Kimco Realty closed Monday for an undisclosed amount.
Victims of the July 2022 shooting at the Greenwood Park Mall are suing Simon Property Group and its security company, alleging that the shooting that left three people dead and others injured was foreseeable and could have been prevented.
The department store chain said Tuesday that it aims to add the new small-format locations through the fall of 2025, bringing the total number of such stores to roughly 42.
Simon Search, which is accessible via Simon’s website and app, and at in-mall digital directories, allows users to browse multiple stores’ inventories at once.
U.S. sales between Nov. 1 and Dec. 24, a period that is critical for retailers, were fueled by spending at restaurants and on clothing.
This year, supply chain snags have eased and shoppers aren’t as worried about availability as they are about higher prices on everything from rent to food, causing them to postpone their buying until the last minute.
Although the three slain victims were Hispanic, there was no indication the shooting was racially motivated, according to Greenwood Police Chief James Ison during a press conference on Wednesday.
The Indianapolis-based shopping mall giant is getting a leg up on the emerging trend of online-only retailers moving into brick-and-mortar stores, a strategy analysts say could net the company a big payoff as it looks to develop new tenants.
The changes come after Indianapolis-based Kite acquired most of the 163,500-square-foot shopping center for $29 million in January.
The shopping center at 3919 Lafayette Road, now known as Window to the World, was expected to reopen on Nov. 21, ahead of Thanksgiving weekend shopping.
The Ohio-based brewer plans to begin serving pizza and craft beer Thursday in part of the former Granite City Food & Brewery location in the downtown mall.
Owner Fabio de la Cruz said said the investment is only the start of what’s expected to be at least a $200 million project through his firm Sojos Capital LLC.
Preliminary autopsy results show gunman Jonathan Sapirman of Greenwood was shot eight times by an armed bystander, the Johnson County Coroner’s Office said Tuesday.
Sunday’s violent episode at Greenwood Park Mall did not end like the majority of mass shootings in this country, with the assailant’s arrest, suicide or death at the hands of police officers.
Experts say shopping center landlords have adopted extensive safety measures over the years to try to prevent mass casualty events, but going overboard with security can discourage business.
On Monday morning, the Johnson County Coroner’s Office said two men were pronounced dead at the scene, and a woman and a man were pronounced dead at local hospitals.
Sojos Capital said it has already begun multiple upgrades to the property, including replacing the roof, changing HVAC units, interior and exterior painting, and additional security enhancements.
A trio of “junior anchor” stores will join a recently opened Kroger at the renovated Brownsburg Square retail center, where a Kmart closed in 2017.