Business

Business

Residents cruise Arcola grocery store's aisles

ARCOLA – The steady beep of groceries crossing a cash register was music to Arcola residents' ears as they checked out their new grocery store, Arcola Family Foods, on Wednesday.

"Every town needs a grocery store," said resident Beverly Pryor.

Company trimming number of shareholders

SAVOY – Paris-based First BancTrust Corp., which has banking offices in Savoy and Rantoul, plans to cut the number of its shareholders so it will no longer have to file periodic reports with the Securities & Exchange Commission.

The company – which operates First Bank of Savoy and First Bank of Rantoul – announced Monday that the increasing costs of being an SEC-registered, Nasdaq-traded company aren't justified by the benefits, given the company's limited trading activity.

Shop offering formal gowns to open in Tuscola

TUSCOLA – For women and girls looking for the perfect formal gown, the search is about to get easier.

Sandy Hoke, longtime director of the Miss Moultrie-Douglas Pageant, will soon open a dress shop in Tuscola. She'll call it Dazzle Me Dresses. It'll be at 708 E. South Line Road in Tuscola, along U.S. 36.

Hoke hopes to open the store in May, and will sell pageant, prom, homecoming and wedding dresses.

Arcola Family Foods opening Wednesday

ARCOLA – After more than a year, Arcola will soon have an in-town grocery store.

Arcola Family Foods will open at 7 a.m. Wednesday in the former Arcola IGA building.

Local home buyers taking time on decisions

CHAMPAIGN – Home sales in Champaign County are down 8 percent from where they were a year ago.

Statistics from the Champaign County Association of Realtors' Multiple Listing Service show 476 homes were sold during the first three months of this year. That compares with 519 homes sold during the first quarter of 2007.

Fuel, insurance costs driving up Danville's ambulance rate

DANVILLE – Medix Emergency Medical Services Inc. is set to increase its ambulance rates this May.

Increasing diesel fuel and insurance costs are driving the move, President Stephen Sparrow said.

Discount bread store in Urbana closes doors

URBANA – It was the high price of gas vs. the high price of bread, and apparently gas won out.

The Dolly Madison thrift shop in Urbana closed last week after more than 15 years in business. It was a haven for people looking for deals on bread. Loaves sold for no more than $1.45, compared with $2, $3 or $4 prices in grocery stores.

Arcola resort to employ about 200

ARCOLA – A planned resort of more than 60 acres will cement Arcola's position as a tourist destination, developers say.

Two Indianapolis developers told the Arcola Chamber of Commerce on Wednesday that they plan to break ground on a 63.5-acre resort, hotel and conference center in Arcola within the next 40 to 60 days.

Vermilion County Airport adopts new name

DANVILLE – What's in a name? Vermilion County Airport officials think misconception can be, as well as visibility and viability.

For those reasons, the board that oversees the local airport has changed the name from Vermilion County Airport to Vermilion Regional Airport to reflect the facility's position and status in the area. The airport authority board officially changed the name Tuesday at its monthly meeting.

Developer plans 60-acre resort in Arcola

ARCOLA – A planned resort of more than 60 acres will cement Arcola's position as a tourist destination, developers say.

Two Indianapolis developers told the Arcola Chamber of Commerce today that they plan to break ground on a 63.5-acre resort, hotel and conference center in Arcola within the next 40 to 60 days.