

Acquired: January 10, 2003 with $42 million in annual sales.
Marshall Retail Group, LLC, based in Las Vegas, NV, is the largest independent specialty retailer in Las Vegas with 50
stores that cater primarily to visitors to the resorts and casinos along the famous Las Vegas Strip and Atlantic City. The stores, which use a variety of formats, offer an extensive selection of merchandise ranging from high-quality women’s apparel, shoes, handbags and accessories to t-shirts, sundries and other souvenirs. Marshall is well known for its indepth understanding of the casino retail market and purchasing habits of leisure customers.
"It has been quite easy and straightforward working with ICV. They displayed great confidence in
our management team and have been very supportive of our initiatives to both grow and refine our
company. ICV has brought a much more sophisticated approach to viewing our business and have
been very helpful in opening doors for further growth through their many resources."
- Todd Marshall, Chief Executive Officer Marshall Retail Group, LLC
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