Don Marsh says he owes more than $500,000 in back taxes
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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Sisters put sophisticated spin on popcorn
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.
Kite sells 3 area buildings in dealmaking blitz
The Indianapolis-based real estate company disclosed the transactions in its fourth-quarter financial report. Kite said it lost $6.5 million in the quarter on nearly $27 million in revenue.
Lack of restraint caused Marsh family’s downfall
What’s extraordinary about the spending spree was that it continued even as Marsh Supermarkets' financial condition grew increasingly precarious.
Marsh defense: Travel was integral to company success
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.
Wal-Mart revisits plan for Greenwood store
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.
Bales trial in jury’s hands after colorful closings
During three hours of closing arguments Wednesday in the federal fraud trial of real estate broker John M. Bales and William E. Spencer, a federal prosecutor and two top-tier Indianapolis defense attorneys delivered a series of memorable one-liners and rhetorical flourishes designed to stick with jurors.
Roundup: Hobby Lobby, Bakersfield, Orange Leaf
Chain stores Hobby Lobby and DXL plan new Indianapolis-locations, two yogurt chains are expanding and a popular Cincinnati-area restaurant prepares for its Indy grand-opening.
UPDATE: Defense takes turn in Marsh civil trial
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.
Jury: Real estate execs Bales, Spencer not guilty of fraud
SOUTH BEND — John M. Bales lifted his crossed hands to his face and began to cry Thursday evening as a federal judge read the same jury verdict on each of 13 fraud counts against the real estate broker and his partner: Not guilty.
Fate uncertain on Sunday alcohol-sales bill
Supporters of ending Indiana's ban on Sunday retail alcohol sales will have to wait at least another week before knowing whether their effort will advance in the Indiana Legislature.
Defense rests in Bales trial after flurry of witnesses
Closing arguments are expected to begin Wednesday afternoon in the federal fraud trial of Indianapolis real estate broker John M. Bales and partner William E. Spencer after the defense raced through seven witnesses Tuesday and early Wednesday.
UPDATE: Jet trips during affairs were also for business, Marsh testifies
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.
Finish Line exec resigns after website redesign debacle
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.
MainGate calls audible during blackout, tops sales forecasts
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.
FBI agent references Brizzi in Bales trial testimony
Federal prosecutors rested their fraud case against John M. Bales and partner William E. Spencer on Monday after a full day of testimony from FBI Special Agent Brian Percival that included several references to former Marion County Prosecutor Carl Brizzi.
Earlier online sales tax collection clears Indiana House
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.
Marsh to call former CEO as first witness
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.
Long-struggling condo development going to auction
The mostly two-bedroom units represent the bulk of the ill-fated Chatham Kynett Court project at 716 N. East St. in the Chatham Arch neighborhood.
Bill would crack down on sales to secondhand shops
Indiana lawmakers are considering a bill that would crack down on sales of stolen goods to the state's secondhand stores.