Near-north-side restaurant closes after short run
Asian-inspired Long Branch opened in November in The Delaware retail-residential complex at the northeast corner of 22nd and Delaware streets.
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Sale of HHGregg name could lead to brand’s resurrection
HHGregg Inc. will be history once the Indianapolis-based appliance and electronics chain wraps up store-closing sales at the last of its 220 locations this spring. Or will it?
Regional appliance retailer planning stores in Indianapolis area
Grand Appliance and TV, a family-owned chain with 20 stores in Illinois, Wisconsin and Iowa, is set to open its first Indiana store in July, with hopes of filling part of the void left by the closure of HHGregg.
Sears CEO lashes out at suppliers trying to ‘take advantage’
Sears Holdings Corp. CEO Eddie Lampert vowed to fight back against suppliers trying to take advantage of his company, saying that “dire predictions” about the struggling retailer’s future have hurt its position with vendors.
Marsh likely will need federal bailout for $76M pension shortfall
A federal agency likely will step in and pick up the unfunded-pension tab once Marsh Supermarkets exits Chapter 11 bankruptcy. That's not an unusual situation for companies that have been owned by private equity firm Sun Capital Partners.
U.S. retail sales rebound after sluggish winter, but not at all stores
Americans stepped up their spending at auto dealers, hardware stores and e-commerce outlets as retail sales rebounded in April. Sales fell, however, in general merchandise stores.
Marsh bankruptcy documents show Sun Capital no longer in control
Sun Capital Partners has relinquished controlling ownership of Marsh Supermarkets to a limited liability company that plans to sell the assets of remaining stores at auction a month from now, bankruptcy papers show.
UPDATE: Marsh Supermarkets files for Chapter 11 bankruptcy protection
The struggling grocery chain announced the move Thursday morning as it seeks a buyer for all or some of its remaining 44 stores.
Kroger plans timely job fair amid Marsh’s closing spree
Kroger said it didn’t plan the event to take advantage of the Marsh closings, but it welcomes the local grocery chain’s former employees. The grocer is looking to fill more than 300 positions.
Marsh plans to close all stores within 60 days if buyer isn’t found
The supermarket chain told state officials on Monday that it would close 16 stores within the next two months, if it can’t find buyers or business partners. But in fact all of Marsh’s stores will shut their doors if the company comes up empty-handed.
Experts: Endangered downtown Marsh locations attractive to competitors
If Marsh’s two downtown stores close, as the struggling grocer has warned could happen within two months, the locations likely would attract interest from rival supermarket operators.
Marsh warns of 16 more store closings, 1,454 job cuts if buyer isn’t found
The struggling supermarket chain warned the state Monday that that it is prepared to close the stores—including 11 in the Indianapolis area—within 60 days if it can't find buyer for the company.
Gander Mountain liquidating inventory, but not closing every store
The CEO of the retail chain’s new parent company said Sunday that he plans to keep 70 to 75 Gander Mountain stores open, including two or possibly three stores in the Indianapolis area.
Marsh Supermarkets closing nine more stores this month
The latest announced closings, seven of which are in the Indianapolis area, bring the total number of Marsh grocery stores that are set to shut their doors this month to 19.
Grocery closures create growing food deserts in Anderson
As grocery stores continue to close throughout the city, residents who don’t have reliable access to transportation have seen their options for local groceries continue to dwindle.
With loss of pharmacies, Marsh can no longer sell hard liquor
State law prohibits grocery stores without pharmacies from selling spirits, prompting Marsh to offer big discounts on its inventory.
Marsh Supermarkets closing all in-store pharmacies
The struggling grocery chain told employees Friday morning that it plans to discontinue pharmacy operations and has sold customer prescription files to a national drug store chain.
Owners lavish more than love on pets—and businesses respond
U.S. spending on pets has increased every year since at least 1994, with the largest boost—nearly 11 percent—occurring last year.
Simon CEO says he’s confident mall business will prevail in tough retail climate
David Simon told investors that the “returns will be there” if the company continues to invest in its properties.
Local wiener eatery hawking franchises for convenience stores
King David Dogs is pursuing growth through gas stations and travel plazas by franchising kiosk-sized versions of its downtown restaurant, known for its quarter-pound, all-beef hot dogs.