Gas Stations

Judge finds ‘rational’ reasons for restricting cold-beer sales

June 17, 2014
 IBJ Staff and Associated Press
Judge Richard L. Young ruled the state has legitimately drawn a line by only allowing liquor stores to sell cold beer.
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Speedway stores cited for beer sales on Christmas

January 30, 2014
 Associated Press and IBJ Staff
Indiana State Excise Police have cited 109 Speedway convenience stores in Indiana, accusing them of illegally selling beer on Christmas.
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Holiday sales could ride on lower gasoline prices

November 27, 2013
Associated Press
Many retail analysts have forecast a ho-hum sales gain of about 2 percent this year; others predict an increase of up to 3.9 percent. But steadily cheaper gas could send holiday sales shooting above 5.4 percent, analysts say.
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Bill would crack down on convenience store safetyRestricted Content

December 8, 2012
Stores with crime problems that wanted to remain open overnight would have to do one of the following: have two employees working, install a bulletproof enclosure, have a security guard or conduct business through a pass-through trough.
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BP says dozens of local stations sold tainted gasoline

August 30, 2012
 IBJ Staff and Associated Press
BP says the size of its gasoline recall is now more than twice as large than previously reported, with 4.7 million gallons distributed over the past week to about 200 gas stations as far as southwestern Ohio and southern Indiana.
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Kroger convinces council member of need for gas station

June 26, 2012
Kathleen McLaughlin
Kroger Co. will add a gas station to its store at West 86th Street and Township Line Road after successfully lobbying an Indianapolis City-County Council member who'd threatened to stand in its way.
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Kroger, using gas to lift market share, hits speed bumpRestricted Content

June 23, 2012
Kathleen McLaughlin
Gas stations occupy an increasing number of Kroger parking lots, but Cincinnati-based Kroger Co. is facing opposition to a proposed gas station at its West 86th Street and Township Line Road grocery.
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Indianapolis airport getting gas station

June 15, 2012
Chris O'Malley
A long-awaited gas station at Indianapolis International Airport is to open by the middle of next year. Plans call for the facility to include a fast-food restaurant, service bay and car wash.
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Closed meeting angers wounded store clerk's family

January 11, 2012
Associated Press
The family of a convenience store clerk critically injured in an October shooting harshly criticized an Indiana agency's decision to hold a closed-door meeting Wednesday with trade groups on efforts to boost safety at the 24-hour facilities.
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State scrutinizing Village Pantry for workers' safetyRestricted Content

November 12, 2011
Greg Andrews
The Oct. 21 shooting of a clerk at a north-side Village Pantry came just four months after the convenience-store chain settled allegations by state inspectors that another of its Indianapolis stores failed to establish and maintain “reasonably safe” working conditions.
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Ricker rebranding 17 Indianapolis convenience stores

December 21, 2010
Cory Schouten
Anderson-based Ricker Oil Co. is changing the name on the ampm shops, which it acquired in 2008 from a division of oil giant BP, to match the remainder of its 50 Indiana stores.
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Turkey Hill chain targets Indianapolis

November 20, 2010
Cory Schouten
A convenience-store chain called Turkey Hill Minit Markets is expanding into central Indiana. The chain opened its first Indianapolis store in October and plans to add at least five more by the end of 2011.
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Canadian company buying 12 Crystal Flash stores

September 10, 2010
Alimentation Couche-Tard Inc. said on Friday that it expects to complete the acquisition of a dozen Indianapolis stores this month. Couche-Tard is the largest independent convenience store operator in North America.
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Rising credit card fees eroding retailers' profits

January 23, 2010
Peter Schnitzler
Businesses say the money they must pay to provide customers the convenience to use plastic adds up. For example, Ricker Oil Co. paid a whopping $3.9 million in 2009, according President Jay Ricker.
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Greenfield chain makes gas stations a family affair

December 12, 2009
Marc D. Allan
In high-turnover industry of gas stations and convenience stores, Greenfield-based GasAmerica builds loyalty under the guidance of CEO Stephanie White-Longworth.
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Anderson gas-station chain sues BP after 32-store deal sours

October 31, 2009
Peter Schnitzler
Ricker Oil's Oct. 22 suit claims British petroleum giant BP is charging unjustified royalty fees while delivering no boost from its national advertising, its proprietary IT system or its bulk purchase pricing.
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Now solo, VP set to expandRestricted Content

November 5, 2007
Cory Schouten
Convenience store stalwart Village Pantry has launched a $15 million plan to renovate 146 stores and is eyeing acquisitions that could double the chain's size in three years. The moves come as Village Pantry separates from parent Marsh Supermarkets Inc., a company that for years treated the convenience-store division as a redheaded stepchild.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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