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Business

  • Business Briefcase: Dec. 23, 2011

    Gasoline prices take a 40-cent surge

    Fuel prices took a big bounce in Shelbyville this week.

    After dipping on Tuesday and Wednesday morning to as low as $2.95, the prices sprang significantly higher again Wednesday afternoon.

    Speedway, known to set the bar in local markets, raised its per-gallon price for regular unleaded gasoline to $3.39 just after noon, and within an hour most other stations along Midland Trail had moved near that price, basically a 40-cent-per-gallon swing.

  • The final holiday push is on

    Whether you’re doing some last-minute Christmas shopping or just starting on your list, there are still a lot of bargains out there, and quite a lot of variety, merchants say.

    “Jewelry has been really popular all season and is still selling well even at this late hour,” said Patti Wilson, visual coordinator at Wakefield-Scearce Gallery.

  • UNDERWOOD: Where does the time go?

    It is the season of hustle and bustle. So much to do and so little time to get everything done: Gifts to buy, meals to prepare, travel to relatives, parties to attend, special religious services to observe, just to mention a few – things that, literally, wear us out.

    There never seems to be enough time. The clock keeps ticking and the present quickly fades into the past. “Hurry sickness” takes root. Nerves are on edge. Fatigue overwhelms us. We eat too much and don’t get enough sleep.

  • 42 years of service

    William “Bill” Jennings retires after 42 years on top of the hill. Jennings started working with the fertilizer plant, Gro-Green in 1969. Before Jennings retired in November from Crop Production Services, the fertilizer plant had changed ownership five times: Gro-Green, 1969-1980; 4th Street, 1981-1984; Cargill, 1985-1998; Miles Farm Center, 1999-2010; and recently, Crop Production Services. Jennings, along with his family, was recognized recently at Claudia Sanders Dinner House for a reception.

  • Business Briefcase: Dec. 16, 2011

    Kentucky’s jobless rate

    drops to 9.4 percent

    Kentucky’s seasonally adjusted preliminary unemployment rate fell to 9.4 percent in November 2011 from 9.6 percent in October 2011, according to the Kentucky Education and Workforce Development Cabinet.
    The preliminary November 2011 jobless rate was .8 of a percentage point below the 10.2 percent rate recorded for the state in November 2010. The state’s November 2011 rate is the lowest since the January 2009 rate of 9.2 percent.

  • Sales of real Christmas trees seems to be growing

    Debating the merits of various Christmas tree offerings is a time-honored holiday tradition. At the core of the squabble is a simple question: live or artificial?

    Artificial trees made a giant push into the national market in the pre-recession year of 2007, with 17.4 million units sold, representing more than a one-third share, according to the National Christmas Tree Association.

  • Circle K joins Shelby County's convenience lineup

    The convenience store business in Shelby County continues to pump and go.

    Circle K, an international chain, this week put up its big K for the first time in Shelby, marking the latest in as series of changes that have occurred since Chevron pulled its brands out of Kentucky last year.

    Circle K purchased the Shell fuel outlet at 1631 Mount Eden Road in Shelbyville, taking over operations on Tuesday. The store will continue to provide Shell fuel.

  • HOLLAND: Lessons learned from the markets

    “Experience is the name everyone gives to their mistakes.” – Oscar Wilde

    As such, there has been a lot of talk about the experiences learned from volatile markets. What’s often said is that we should, “learn from our mistakes.”

    To assist you in learning from “mistakes made” because of the volatile markets, here’s a list of 12 lessons that may help you in planning your market strategies in the future:

  • Company buys angel tree gifts

    Mike Abney (left), representing National Envelope Company, along with his wife, Linda (second from left) and Bonnie Bullock pose for a photo beside the Angel Tree at Kroger on Boone Station Road. The company collected $2,500 to buy toys for 10 “angels,” plus $500 to go to St. Jude’s Children’s Hospital, $500 to local food banks, $50 to the backpack program and $50 to the Ronald McDonald House. Tina Hutchins and Tonja Steins (not pictured), also participated from the company.

  • Purnell gets state loan, but plans on hold

    The F.B. Purnell Sausage Company in Simpsonville got some good news this week about its expansion plans – but those plans now are on hold.

    Purnell was awarded a $1.5 million loan under the Agricultural Processing Loan Program, a state program designed to provide loan opportunities to companies and individuals in Kentucky interested in agricultural processing.