You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Franklin Electric quarterly earnings fall 4%
    Franklin Electric Co. Inc. today reported second-quarter earnings of $27.1 million, or 55 cents per diluted share, a 4 percent decline from the $28.1 million, or 58 cents a share, posted for the same three months of 2013.
  • FAA proposes to fine Southwest Airlines $12M
    The Federal Aviation Administration said Monday it is proposing a $12 million civil fine against Southwest Airlines for failing to comply with safety regulations related to repairs on Boeing 737 jetliners.
  • Texas' tech fund struggling
    Texas Gov. Rick Perry has distributed $205 million in taxpayer money to scores of technology startups using a pet program designed to bring high-paying jobs and innovation to the nation's second ...
Advertisement

Rural King buys former Kroger store for $2.3 million

A Rural King Supply will replace the former southwest side Kroger store in a $2.3 million transaction.

The Cincinnati-based retailer sold the 66,000-square-foot store, 8801 U.S. 24 West, to a company that specializes in selling livestock feed, farm equipment, agricultural parts and lawn mowers.

"It will be really good for the area," said Jessica Huffman, whose company, CBRE Sturges, brokered the deal. "We're glad it finally got done."

Kroger closed the store in October 2012 when the retailer opened its Kroger Marketplace in the Village at Coventry. The $16 million store was part of the company's more than $100 million investment in the community after it acquired the Scott's Food & Pharmacy chain.

For more on this story, see Tuesday's print edition of The Journal Gazette or return to www.journalgazette.net after 3 a.m. Tuesday.

pwyche@jg.net

Advertisement