Roundup: Cutco, Marshalls, Performance Bicycle, Sensu

March 28, 2011
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  • CutcoCutco Cutlery, known for its in-home sales demonstrations by college students, plans to open a retail store in the Clearwater Springs Shopping Center at 82nd Street and Allisonville Road. The 2,600-square-foot store is just the third for Olean, NY-based Cutco, which has other locations in Erie, Pa. and Okemos, Mich. The company is expanding its retail footprint to introduce an expanded product line and reconnect with existing customers. The shop, scheduled to open this month, also will serve as a training facility for Cutco's direct sales division, Vector Marketing.
  • Performance Bicycle, the nation's largest specialty bike retailer, is opening a new store near Greenwood at the northwest corner of U.S. 31 and County Line Road. The shop at 8830 U.S. 31 South is scheduled to open April 8. The Chapel Hill, N.C.-based chain has more than 100 locations and aims to be a "friendly one-stop shop for all levels of cyclists."
  • Sensu, a huge new Asian-fusion restaurant, sushi bar and nightclub, has opened in the former home of Have A Nice Day Cafe. The 16,500-square-foot restaurant at 225 S. Meridian St. is owned by Jeremiah Hamman, whose Epic Hospitality Group also owns Mo's A Place for Steaks. Menu offerings include rock shrimp tempura, baked sea bass hand rolls, crab-shitake crusted filet mignon, black cod with miso and lobster tacos.
  • Marshalls is opening two new stores in former A.J. Wright locations in Southern Plaza and Keystone Plaza. The off-price retailer, which is part of Framingham, Mass.-based TJX Companies Inc., is taking 18,500 square feet at 4200 S. East St. and 19,900 square feet at 5302 Keystone Ave. Grand openings are scheduled for March 31. The chain has existing stores in Indianapolis, Nora, Avon and Carmel.
  • Avec Moi, a carryout comfort-food restaurant, is slated to open in May at the corner of 62nd Street and College Avenue. The space in the 1928 building at 701 E. 62nd St. formerly was home to a massage center. Specialties of owner Kris Parmelee include turkey meatloaf, ribs, butternut squash lasagna and sugar cookies. Parmelee is expanding a business she started at Indy's Kitchen, a commercial kitchen that rents space by the hour to food-focused entrepreneurs.
  • Dunkin Donuts
    Does anyone know what is going on with the old Bonjour Cafe that was to be turned into a Dunkin Donuts? I drove by recently and saw a "For Sale" sign up again.
    • DD and BR
      I believe it was to be a combination of Dunkin Donuts and Baskin Robbins, but las I heard they pulled out. I got my information from Fall Creek Place's website who keeps up on local development news.
    • Vito's downtown location
      Anybody know what's going on at Vito's old downtown location? It had a huge For Lease sign in the window which disappeared several months ago but there's been no activity as far as I can see.
    • TJMAXX
      How did you forget to mention the new TJMAXX opening on East 10th Street?
    • Former Vito's
      The downtown off-track betting facility is moving into the former Vito's space, while an Indianapolis Colts-themed restaurant is moving into the OTB's Claypool Courts space. Our story:
    • grocery
      To add to the comment above about the old Bonjour Cafe/Dunkin Donuts/Baskin-Robbins, what about the grocery store that was going in across the street? Haven't seen any activity there either.
    • Arhaus Furniture
      Arhaus Furniture in Carmel is moving to the Rivers Edge redevelopment on 82nd Street. I also heard that Cost Plus World Market is shopping around for space in the Castleton/Keystone area and vacating their location in Carmel as well.
    • Jim......
      The grocery store is going to be an IGA brand. They had to receive a variance for limited parking in July, but I am unsure what the result on that was. As far as I know, they still plan to develop that site.

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    Sponsored by
    1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

    2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

    3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

    4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

    5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.