Retailers

Gerdt Furniture owners embroiled in $4M court fight

March 14, 2013
Scott Olson
A family dispute involving the owners of Gerdt Furniture & Interiors Inc. has led to a lawsuit accusing them of owing nearly $4 million in unpaid rent and loans.
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HHGregg merchandising post turns over again

March 5, 2013
J.K. Wall
HHGregg Inc. on Tuesday hired its third chief merchandising officer in just over a year as the Indianapolis-based electronics retailer continues to struggle to overcome plummeting sales of televisions.
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Settlement talks set for Don Marsh severance dispute

March 1, 2013
Scott Olson
Lawyers for Marsh Supermarkets Inc. and its former CEO will meet Monday on the issue of whether Don Marsh should have to repay the roughly $2.1 million in severance he received from the company.
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Marsh closing stores in Marion, Columbus

February 22, 2013
The locally based grocery chain said it is shutting down the stores rather than renew leases. Following the closings, Marsh will have 91 stores in Indiana and Ohio.
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Cash-for-gold retail bill passes Indiana House

February 21, 2013
Kathleen McLaughlin
The Indiana House on Thursday approved a bill regulating cash-for-gold stores, which have proliferated since gold prices shot up in 2008.
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Bill to toughen state 'bath salts' laws advances

February 20, 2013
Associated Press
The bill would require the state to suspend the business license for a year of any retailer caught selling synthetic drugs or lookalikes.
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Office Depot agrees to buy OfficeMax for about $1.2B

February 20, 2013
Associated Press
The move would combine the No. 2 and No. 3 office supply retailers and lead to consolidation in an industry that analysts say is over-stored. Office Depot has eight stores in the Indianapolis area and OfficeMax has five.
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Decision could come soon on Don Marsh severance claim

February 18, 2013
Scott Olson
The issue will be decided by Judge Sarah Evans Barker, who presided over a two-week civil trial that saw a federal jury return a $2.2 million judgment against the former CEO of Marsh Supermarkets Inc. late Friday night.
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Jury returns $2.2M judgment against Don Marsh

February 16, 2013
 IBJ Staff
A federal jury returned a $2.2 million judgment against iconic Marsh Supermarkets CEO Don Marsh late Friday, finding that he tapped corporate coffers for personal expenses.
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Marsh Supermarkets asking former CEO to pay $5.6M

February 15, 2013
Scott Olson, Cory Schouten
A company lawyer itemized the expenses Marsh Supermarkets believes it is owed during closing arguments Friday. A lawyer for Don Marsh argued that he neither committed fraud nor breached his contract.
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Jury to begin deliberating in Don Marsh trial

February 15, 2013
Scott Olson
The panel of nine will begin closed-door discussions Friday afternoon following closing arguments from attorneys representing Marsh Supermarkets Inc. and the former CEO of the company accused of spending $3.3 million of company funds on personal expenses.
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Marsh Supermarkets rests case against former CEO

February 13, 2013
Scott Olson
Lawyers for Don Marsh got their first chance to go on the offensive Wednesday after Marsh Supermarkets Inc. rested its case against the company's former CEO.
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Marsh pilot says he flew former CEO to see mistresses

February 11, 2013
Scott Olson
At least twice a month during the year 2000, the pilot told jurors, he ferried Don Marsh to New York City to visit one of his mistresses. Marsh Supermarkets is suing its former CEO in an attempt to recoup more than $3 million in what it claims are personal expenses.
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Sisters put sophisticated spin on popcornRestricted Content

February 9, 2013
Andrea Muirragui Davis
Just Pop In! retail stores feature traditional, popular flavors like caramel and cheddar—and an “Indy Style” mixture of the two—but a dizzying array of more imaginative concoctions sets the local chain apart.
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Former Marsh CFO sought out bankruptcy lawyers

February 8, 2013
Scott Olson
The former executive of Marsh Supermarkets Inc. said he became so concerned about the company's deteriorating finances less than a decade ago that he took the desperate step of meeting with bankruptcy lawyers.
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Don Marsh says he owes more than $500,000 in back taxes

February 7, 2013
Scott Olson
The disclosure came during the fourth day of Don Marsh's civil trial. The locally based supermarket chain is alleging he used company funds to pay more than $3 million in personal expenses.
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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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UPDATE: Jet trips during affairs were also for business, Marsh testifies

February 5, 2013
Scott Olson
In a day on the witness stand, former Marsh Supermarkets Inc. CEO Don Marsh told jurors during his fraud trial Tuesday that he's not proud of his extramarital affairs, but he insisted the private jet trips he took to visit his mistresses were business-related.
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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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  1. I am a Lyft driver who is a licensed CDL professional driver. ALL Lyft drivers take pride in providing quality service to the Indianapolis and surrounding areas, and we take the safety of our passengers and the public seriously.(passengers are required to put seat belts on when they get in our cars) We do go through background checks, driving records are checked as are the personal cars we drive, (these are OUR private cars we use) Unlike taxi cabs and their drivers Lyft (and yes Uber) provide passengers with a clean car inside and out, a friendly and courteous driver, and who is dressed appropriately and is groomed appropriately. I go so far as to offer mints, candy and/or small bottle of water to the my customers. It's a mutual respect between driver and passenger. With Best Regards

  2. to be the big fish in the little pond of IRL midwest racin' when yer up against Racin' Gardner

  3. In the first sentance "As a resident of one of these new Carmel Apartments the issue the local governments need to discuss are build quality & price." need a way to edit

  4. As a resident of one of these new Carmel Apartments the issue the local governments need to discuss is build quality & price. First none of these places is worth $1100 for a one bedroom. Downtown Carmel or Keystone at the Crossing in Indy. It doesn't matter. All require you to get in your car to get just about anywhere you need to go. I'm in one of the Carmel apartments now where after just 2.5 short years one of the kitchen cabinet doors is crooked and lawn and property maintenance seems to be lacking my old Indianapolis apartment which cost $300 less. This is one of the new star apartments. As they keep building throughout the area "deals" will start popping up creating shoppers. If your property is falling apart after year 3 what will it look like after year 5 or 10??? Why would one stay here if they could move to a new Broad Ripple in 2 to 3 years or another part of the Far Northside?? The complexes aren't going to let the "poor" move in without local permission so that's not that problem, but it the occupancy rate drops suddenly because the "Young" people moved back to Indy then look out.

  5. Why are you so concerned about Ace hardware? I don't understand why anyone goes there! Every time ive gone in the past, they don't have what I need and I end up going to the big box stores. I understand the service aspect and that they try to be helpful but if they are going to survive I think they might need to carry more specialty parts.

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