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Business

  • Shelby County Flea Market continues to thrive

    The Shelby County Flea Market almost has become a safe-haven for people seeking recession-proof businesses and doesn’t show major signs of slowing down.

    “We were having a real good first of the year, and then gas prices shot up, and it kind of slowed things down again,” Manager Dana Smith said. “It’s kind of a cycle with the gas. When gas goes up, their [people’s] extra money goes in the gas tank.”

  • Researching research to plant food facility
  • Business Briefcase: July 15, 2011

    Heritage principal Rucker

    attends executive training

  • Former CEO Wade expands suit vs. Citizens Union Bank

    Former CEO Billie Wade’s lawsuit against Citizens Union Bank is headed for a jury trial next spring – with some new defendants and claims that were added this week.

    Wade, who had led CUB since 1991, left the bank in March 2010 amid state and federal reviews of the bank’s lending practices, and in July 2010 filed suit, charging wrongful termination, that the bank lied about his departure, cost him income and discriminated against him.

  • Job growth ticking up in Shelby County

    Signs are pointing to a rebound in the local economy as more than 600 jobs have been added to Shelby County industrial base this year.

    "Yes, I do think we're on a rebound," said Bobby Hudson, president of the Shelby County Industrial Foundation. "Things are looking up for Shelby County anyway, and really across the state things are looking up, too. People are feeling real good right now."

  • Retail food prices jump 2.2 percent

    As retail food prices climbed 2.2 percent during the second quarter of the year, consumers in Shelbyville are budgeting their grocery lists and sticking to them.

    According to the Marketbasket Survey conducted quarterly by the Kentucky Farm Bureau, these latest numbers established a new high in the market survey that has been around for four decades.

  • New business: The Pennyman

    ADDRESS:802 Washington Street, Suite 3, Shelbyville.

     

    WHO WE ARE: The Pennyman is the joint venture of three sisters, Nancy Johnson Winters, Khris Johnson Basham and Judi Johnson Nigh, living in or around Shelbyville who prepared for three years to open their business. Their considerations were a downtown location, reasonable costs and a door wide enough to easily move furniture in and out. The store is located in the lower level of the former Operation Care building, and its door opens to 8th Street.

     

  • Business Briefcase: July 8, 2011

    OneMain is new name

    for lender in Shelbyville

    The CitiFinancial office at 30 Mack Walters Road in Shelbyville has a new name: It’s now OneMain Financial.

    Branch Manger Mike Staley said in a news release that the name change would not impact the products and services customers had come to know from his business.

  • Real Estate Deeds: July 8, 2011

    May 6 to May 31

    Rolf and Elizabeth McDowell Pepple to Joilynn and William B. Evans III, Lot 32 Hunt Country Estates, $955,000

    Viola P. Smith Estate to Billy Pridemore, Lot 27 Village View Sec. 1, $30,000

    John A. Schuchard Estate to Nancy Davis, Lot 30 Hi Point Village Phase I, $100,000

    Federal National Mortgage Association to Crystal C. Watkins, Lot 142 Midland Estates Sec. 7, $108,000

    Michael A. Lewis to Kimberly M. Lewis, Lot 39, Meadowbrook Sec. III, $204,000

  • Fireworks sales may be exploding

    You can expect a lot more sis, boom and pop with your 4th of July celebration this year.

    During the 2011 session Kentucky legislators passed a law that allows the purchase and use of fireworks that shoot into the air, opening the door for fireworks stands to sell mortars, bottle rockets and roman candles and more.

    "We've always had good stuff, but we were really able to broaden what we sell this year," said Chris Yount, who runs the Tennessee Ted's fireworks stand on Midland Trail.