Retail

Marsh defense: Travel was integral to company success

February 7, 2013
Scott Olson
Don Marsh's testimony on cross-examination Thursday morning revealed a defense strategy to convince jurors that the frequent trips the former CEO took on the company’s dime were more for business than pleasure.
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Wal-Mart revisits plan for Greenwood store

February 7, 2013
Associated Press
A retail giant that lost its bid to build a store in Greenwood nearly a decade ago is hoping local leaders look more favorably on a new proposal to erect a smaller store at the same site.
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UPDATE: Defense takes turn in Marsh civil trial

February 6, 2013
Scott Olson
Don Marsh finally got off the hot seat Wednesday afternoon after his former company wrapped up nearly two days of questioning, but he didn't stay off the witness stand for long.
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Finish Line exec resigns after website redesign debacle

February 5, 2013
Anthony Schoettle
Less than three months after a disastrous launch of a newly designed website that cost the retail company $3 million in sales, The Finish Line Inc. has parted ways with its chief digital officer.
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MainGate calls audible during blackout, tops sales forecasts

February 5, 2013
Anthony Schoettle
Pregame emergency plans help MainGate Inc. go into scramble mode and keep Super Bowl merchandise shops at the Superdome open even while the lights were out.
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Earlier online sales tax collection clears Indiana House

February 4, 2013
Associated Press
Amazon.com and other online-only retailers would have to start collecting Indiana's 7-percent sales tax this summer under a bill approved overwhelmingly by the Indiana House.
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Marsh to call former CEO as first witness

February 4, 2013
Scott Olson
The lead lawyer for Marsh Supermarkets Inc. expects to call Don Marsh as its first witness when the civil trial against him reconvenes Tuesday. The grocery chain alleges that the former CEO used company funds to pay more than $3 million in personal expenses.
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Bill would crack down on sales to secondhand shops

February 4, 2013
Associated Press
Indiana lawmakers are considering a bill that would crack down on sales of stolen goods to the state's secondhand stores.
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Indiana gun permit denials nearly double in 4 years

February 4, 2013
Associated Press
The number of  state residents whose gun permit requests were denied by the Indiana State Police has nearly doubled in the past four years amid an increase in permit applications.
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Jury selected in Marsh civil trial

February 2, 2013
Dan Human
Don Marsh, the former supermarket-chain CEO, went on trial in civil court Monday morning over millions of dollars in expenses he charged to the company. Proceedings got underway with attorneys selecting five men and four women for the jury before breaking for lunch.
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Simon unit suing Stir Crazy chain for unpaid rent

February 1, 2013
Scott Olson
The owner of Castleton Square Mall is suing its former tenant for $471,031 following the restaurant's closing late last month.
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HHGregg profit falls on sinking same-store sales

January 31, 2013
Scott Olson
The Indianapolis-based appliance and electronics retailer said profit fell 23 percent in its fiscal third quarter as slumping demand for televisions caused same-store sales to drop.
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Indiana lawmakers push for Sunday alcohol sales

January 29, 2013
Associated Press
Lawmakers in the last state in the nation to bar retail alcohol sales on Sundays are making a push to lift the restriction, but strong opposition from liquor stores could hinder the effort.
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New restaurants: Upland in Carmel, Lincoln Square downtownRestricted Content

January 26, 2013
 IBJ Staff
Old Carolina Barbecue also announces expansion to Indianapolis market.
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Lifestyle mall triggers wave of development at Interstate 69 exitRestricted Content

January 19, 2013
Cory Schouten
Five years after the Hamilton Town Center lifestyle mall opened at a sleepy interchange on Interstate 69 in Noblesville, the neighborhood is one of the hottest growth markets in the state for retail, residential and medical development.
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HHGregg ratchets back, but analysts still uneasyRestricted Content

January 19, 2013
Greg Andrews
HHGregg now has 228 stores in 20 states. So it has grown a great deal. But the “exceptional store economics” it used to promote are gone, thanks largely to a breathtaking collapse in sales of flat-screen televisions.
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Lids and MainGate gear up for Super BowlRestricted Content

January 19, 2013
The companies, newly appointed to handle merchandise sale for the mega-event, are bringing in talent from across the country to staff the game in New Orleans.
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Bill seeks earlier date for online retailers to collect taxes

January 17, 2013
 The Statehouse File
Hoosiers may be required to pay a 7-percent sales tax on top of their Amazon purchases starting July 1 if a proposed House bill is adopted.
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Retailer plans 250-worker Hendricks County warehouse

January 17, 2013
Gordmans, an apparel and home decor retailer, said it will spend $37.5 million to construct and equip a 545,000-square-foot distribution center in Clayton.
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Local Taco Bell franchisee acquired by California firm

January 16, 2013
 IBJ Staff
Southern Bells Inc., an Indianapolis-based franchisee that operates 76 regional fast-food restaurants, has been acquired by the country’s largest franchisee of Applebee’s restaurants.
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HHGregg shares tumble on profit warning

January 14, 2013
Cory Schouten
HHGregg shares fell 10 percent in early trading Monday after the Indianapolis-based appliance and electronics retailer slashed its 2013 profit forecast almost 25 percent on a sharper-than-expected drop in television sales.
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Downtown Arvey store reopens under new ownership

January 11, 2013
Scott Olson
Arvey Paper & Office Products at 1021 N. Pennsylvania St. began serving customers again in December after closing for six months. A former executive of Arvey's previous parent company bought the name and has reopened five stores nationwide.
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Greenfield gun seller, others seeing run on guns

January 8, 2013
Associated Press
Gun enthusiasts are snapping up weapons faster than they can be replenished. And applications for gun permits spiked sharply toward the end of 2012.
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$30M Keystone mixed-use project seeks city approval

January 8, 2013
Tom Harton
Hendricks Commercial Properties wants to build a five-story, L-shaped building with more than 36,000 square feet of ground-level retail space and 130 high-end apartments on the upper floors.
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Fortune's death puts 14 West building up for grabsRestricted Content

January 5, 2013
Cory Schouten
A historic brick building long used as a restaurant and hotel suites next door to Circle Centre mall is going up for sale for the first time in almost a decade, with an expected asking price of $4 million.
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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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  3. If she was worth the $ the public outcry over direct tv dropping them would have kept them on their dishes as we have seen with other companies. I too quit watching channel 13 after she showed up since I left channel 8 because of her all show rather than production results. When Randy on 8 corrected her she had a big head and incorrectly challenged his correction for pronunciation of a city. Other antics while she matures was too much for me with her very inaccurate forecasts. All the forecasters were predicting rain until Thursday except Chris. They predicted sunny on Thursday but instead of rain until Thursday upon which the sun would finally make it out in full glory Chris was right on the money just as I too predicted looking at the radar on weather.gov. One thing I love about Angela is the fear you can see in her every time it thunders in the winter. It far exceeds the entertainment value of her body language (high heel noise drags, depression, etc) when her forecasts are so incorrect. Her hair stands on end, you have to see it!!!

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