https://www.indystar.com/story/mone...ompetition-fishers-just-outsmarted/985451001/
HIGHLIGHTS:
Does your fair community have a similar zoning restriction in place to
Article mentioned:
Kroger claims zoning change in Fishers will hurt business
https://www.indystar.com/story/news...oning-change-fishers-hurt-business/966192001/
HIGHLIGHTS:
For Kroger, buying the extra stores was a way to block competing grocers from entering or expanding in the market. It was a smart strategy.
The Fishers City Council earlier this month made a zoning change that stipulates former grocery store buildings can only be used as grocery stores, as explained in an article by my colleague John Tuohy.
That means Kroger is required to either open up the shuttered store at 116th Street and Brooks School Road or give it up to a competitor.
The city allowed Kroger to make a business transaction under one set of regulations and then changed its zoning rules in a way that is likely to cost Kroger money
The Fishers City Council earlier this month made a zoning change that stipulates former grocery store buildings can only be used as grocery stores, as explained in an article by my colleague John Tuohy.
That means Kroger is required to either open up the shuttered store at 116th Street and Brooks School Road or give it up to a competitor.
The city allowed Kroger to make a business transaction under one set of regulations and then changed its zoning rules in a way that is likely to cost Kroger money
consider Fishers' example and take preemptive steps to protect their shopping corridors from the inevitable ebbs and flows of the fickle retail sector.
Article mentioned:
Kroger claims zoning change in Fishers will hurt business
https://www.indystar.com/story/news...oning-change-fishers-hurt-business/966192001/