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Retail
UPDATE: Defense takes turn in Marsh civil trial
February 6, 2013
Scott OlsonDon 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.
MoreFinish Line exec resigns after website redesign debacle
February 5, 2013
Anthony SchoettleLess 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.
MoreMainGate calls audible during blackout, tops sales forecasts
February 5, 2013
Anthony SchoettlePregame 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.
MoreEarlier online sales tax collection clears Indiana House
February 4, 2013
Associated PressAmazon.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.
MoreMarsh to call former CEO as first witness
February 4, 2013
Scott OlsonThe 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.
MoreBill would crack down on sales to secondhand shops
February 4, 2013
Associated PressIndiana lawmakers are considering a bill that would crack down on sales of stolen goods to the state's secondhand stores.
MoreIndiana gun permit denials nearly double in 4 years
February 4, 2013
Associated PressThe 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.
MoreJury selected in Marsh civil trial
February 2, 2013
Dan HumanDon 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.
MoreSimon unit suing Stir Crazy chain for unpaid rent
February 1, 2013
Scott OlsonThe owner of Castleton Square Mall is suing its former tenant for $471,031 following the restaurant's closing late last month.
MoreHHGregg profit falls on sinking same-store sales
January 31, 2013
Scott OlsonThe 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.
MoreIndiana lawmakers push for Sunday alcohol sales
January 29, 2013
Associated PressLawmakers 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.
MoreNew restaurants: Upland in Carmel, Lincoln Square downtown
January 26, 2013
IBJ StaffOld Carolina Barbecue also announces expansion to Indianapolis market.
MoreLifestyle mall triggers wave of development at Interstate 69 exit
January 19, 2013
Cory SchoutenFive 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.
MoreHHGregg ratchets back, but analysts still uneasy
January 19, 2013
Greg AndrewsHHGregg 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.
MoreLids and MainGate gear up for Super Bowl
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.
MoreBill seeks earlier date for online retailers to collect taxes
January 17, 2013
The Statehouse FileHoosiers 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.
MoreRetailer 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.
MoreLocal Taco Bell franchisee acquired by California firm
January 16, 2013
IBJ StaffSouthern 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.
MoreHHGregg shares tumble on profit warning
January 14, 2013
Cory SchoutenHHGregg 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.
MoreDowntown Arvey store reopens under new ownership
January 11, 2013
Scott OlsonArvey 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.
MoreGreenfield gun seller, others seeing run on guns
January 8, 2013
Associated PressGun enthusiasts are snapping up weapons faster than they can be replenished. And applications for gun permits spiked sharply
toward the end of 2012.
More$30M Keystone mixed-use project seeks city approval
January 8, 2013
Tom HartonHendricks 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.
MoreFortune's death puts 14 West building up for grabs
January 5, 2013
Cory SchoutenA 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.
MoreInvestor: Kroger missed chance to buy ‘linchpin’ property
January 5, 2013
IBJ StaffOwner of real estate near 16th and Central says grocery chain showed little interest, but Kroger says it still wants property
to make way for new downtown store.
MoreFinish Line suffers surprising quarterly loss
January 4, 2013
IBJ StaffThe earnings fell short of predictions by analysts polled by Thomson Reuters, which recently forecast per-share earnings of
10 cents on revenue of $296 million.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!