7-Eleven owner to buy Speedway gas stations for $21 billion
Tokyo-based Seven & i Holdings plans to acquire about 3,900 Speedway stores in 36 states. Indiana is one of Speedway’s largest markets.
Tokyo-based Seven & i Holdings plans to acquire about 3,900 Speedway stores in 36 states. Indiana is one of Speedway’s largest markets.
Real estate agent and nearby resident Kelly Lavengood says she was inspired by other rehab projects in the area to buy and renovate the former Pure Oil gas station on 38th Street.
Ricker’s Chairman Jay Ricker told IBJ on Thursday morning that a purchase agreement for his 39-year-old company is in place and the deal is expected to close by the end of the month.
The announcement on Thursday, ahead of the Memorial Day weekend, was the latest attempt to combat liquor stores’ exclusive right to sell cold carry-out beer in Indiana.
Two powerful lobbying groups say they have resolved differences that previously led state lawmakers to give up on efforts to overturn the Prohibition-era Sunday carryout sales ban.
American drivers are preparing to hit the road this Fourth of July as seasonal gas prices plunge to their lowest in 12 years.
King David Dogs is pursuing growth through gas stations and travel plazas by franchising kiosk-sized versions of its downtown restaurant, known for its quarter-pound, all-beef hot dogs.
Lawmakers worked Wednesday to keep legislation alive that addresses a legal loophole used by Ricker's convenience stores to sell cold beer at two of its 50 locations.
Ricker's, an Anderson-based business with convenience store/gas stations throughout Indiana, is spending $150,000 to prevent the crimes from getting out of hand.
Sales were generally weak across the board: Auto dealers, electronics and appliance stores, grocery stores and department stores all reported lower sales.
All Ricker's Convenience Stores in Hamilton County have joined the "Safe Haven" initiative.
The Cincinnati-based grocer on Wednesday revealed further details of a four-year strategy to solidify its place in the Indianapolis-area market, including new, expanded and remodeled stores.
Since early March, when city officials announced plans to establish the moratorium in commercial areas adjacent to neighborhoods, the Indianapolis Department of Code Enforcement has received 18 applications to build at locations that would be subject to the ban.
Local preservationists are rallying to save the 101-year-old church from being razed to make way for a gas station and convenience store. Its congregation wants to start fresh in a new facility.
Anderson-based Ricker’s new gas station and convenience store at 146th Street and Carey Road in Westfield offers made-to-order burritos and self-serve frozen yogurt. The Anderson-based company plans to use the Westfield site as a model for its next generation of stores.
Judge Richard L. Young ruled the state has legitimately drawn a line by only allowing liquor stores to sell cold beer.
Indiana State Excise Police have cited 109 Speedway convenience stores in Indiana, accusing them of illegally selling beer on Christmas.
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.
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.
BP has paid more than $1.5 million in claims arising from a multistate recall of incorrectly formulated gasoline that damaged some vehicles' mechanical components.