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Business

  • Focus on Finance: Shop to save

    By Michael Bateman

    Question: I try to remain “debt free” as much as possible but financing a big ticket item like a car is sometimes unavoidable. How do I eliminate the  “guess work” and ensure that I can getting the best financing available?

    Answer: “Interest rates at an all-time low.”  “Special financing available.”  “Zero down, zero percent interest.”

  • Shopko changes Pamida timetable

    Shopko Hometown revised its announcement regarding plans for close outs at three regional Pamida locations.

    The liquidation sale which begin the final phase of renovation plans will begin Sept. 9. A previous company announcement issued Tuesday listed an earlier date.

    Shopko and Pamida merged earlier this year. Stores in Hodgenville, Munfordville and Brandenburg will be renovated and reopen as Shopko Hometown, a smaller version of the retailers’ discount stores.

  • Store conversion begins with liquidation

    A liquidation sale will begin the final phase of renovation plans that introduce the retailer Shopko to this area.

    Based in Green Bay, Wis., the company merged with Pamida earlier this year and will be remodeling and rebranding its stores in Hodgenville, Munfordville and Brandenburg later this year. The stores will become Shopko Hometown, a smaller version of the retailers’ discount stores designed for smaller communities.

    Tara Powers, a spokeswoman for the company, said the firm wants to fill “a void in the retail landscape.”

  • Fergie's property may become a Hooters

    A popular restaurant franchise using female sex appeal as one of its primary draws could be attracting patrons in Elizabethtown by next summer.

    Neal Harding, an Indiana businessman who holds around 40 Hooters franchises in the U.S. and internationally, has purchased the former Fergie’s Classic Grill property on Ring Road and said it will likely be renovated into a Hooters restaurant.

    Harding has not fully confirmed the future use of the property but he said the location would be a good fit.

    “It probably would be a Hooters,” he said.

  • Belk remodel to wrap next month

    Belk department store in Elizabethtown is modernizing its look and improving the accessibility of its floor space.

    A $1.4 million overhaul of the retail clothing and home furnishings store, which is in Towne Mall, began in July and is slated to wrap up by Sept. 10, said store manager Theresa Meacham. A grand opening celebration to herald the changes is scheduled for Oct. 10, she added.

  • High cost of living or cost of living high?

    Question: Do you think we can ever re-discover the financial simplicity of our ancestors?

    Answer: Sometime in the 1960s there was a news program on TV talking about the high cost of living. It was a popular theme at the time. My grandmother commented that it was not the high cost of living that was the problem — it was the cost of living high. She knew what she was talking about and could give lessons to anyone about frugal living.

  • Headquarters expansion expected to promote job growth

    An expansion of a headquarters in Elizabethtown could mean 15 new jobs and a $350,000 investment into the state.

    Gov. Steve Beshear announced Wednesday that STC Management Group, which manages Sun Tan City and Planet Fitness, will expand its headquarters on Catalog Drive in Elizabethtown.

    That could mean as many as 15 new jobs at the headquarters and a large financial investment, he said.

    STC has been headquartered in Elizabethtown since 2004. It has more than 40 Sun Tan City locations in Kentucky and more than 170 locations in 17 other states.

  • Under Construction
  • For farm safety, protect against dust

    It is important for farmers to use respiratory protection to safeguard their lungs against dust in the coming weeks and months as they harvest crops, clean out grain bins and open silos, among other seasonal farming activities.

  • Focus on Finance: Straight talk about annuities

    Question: I am so confused about annuities. Can you break it down for me in layman’s terms?

    Answer: People are confused about annuities because the same word is applied to many different types of financial instruments. Hopefully, this tutorial will end the confusion.