Roots Coffee Bar
Stephen and Britny Washburn in January took over the former Skybox Too space at 1645 W. Republic Road, Ste. G, in Remington’s Corner shopping center, and opened Roots Coffee Bar on July 3. Stephen Washburn said his wife is primarily in charge of the business as he continues operations at Early Bird Breakfast Pub. Around $50,000 was spent on startup costs, he said, which took several months for the parents of three to complete. The shop is on a one-year lease for an undisclosed rate with building owner David Williams. Described as a fast-casual coffee bar, Washburn said Roots offers breakfast and lunch options, along with a full cocktail list. Coffee drinks, sourced from Springfield-based Kingdom Coffee and PT’s Coffee Roasting Co. in Kansas, run $2.50-$5, with sandwiches priced $5-$6. Ten employees work in the 3,000-square-foot shop. “We just always wanted a coffee shop like this,” he said.
Hours: 7 a.m.-3 p.m. Tuesday through Thursday and 8 a.m.-3 p.m. Saturday and Sunday
Phone: (417) 877-6889
A second Springfield store for Scottsdale, Arizona-based Discount Tire opened June 19 at 3610 W. Sunshine St., near the West Bypass intersection. It’s the ninth location in Missouri, one of 34 states where the retailer operates, said Discount Tire spokeswoman Mary Newsome. The company expects to surpass 1,000 stores this year. With an estimated construction cost of $950,000, according to the building permit on file with the city, the 7,000-square-foot shop has six service bays and a 1,300-square-foot showroom. The land is owned by Discount Tire affiliate Halle Properties LLC. The retailer sells over 60 tire brands, including Michelin, Goodyear and Pirelli, and as many wheel brands. Discount Tire first entered the Springfield market in December 2016 at 3670 S. Glenstone Ave.
Hours: 8 a.m.-6 p.m. Monday through Friday and 8 a.m.-5 p.m. Saturday
Phone: (417) 616-2093
QCR Holdings Inc.
The $90.7 million cash-and-stock acquisition of Springfield Bancshares Inc., the holding company of Springfield First Community Bank, closed July 1 by Moline, Illinois-based QCR Holdings Inc. Through the deal, QCR acquired SFC Bank’s lone branch at 2006 S. Glenstone Ave., as well as $560 million in assets and $445 million in deposits SFC had as of March 31. QCR has approximately $4.7 billion in assets and $3.7 billion in deposits among its 27 branches in Missouri and three other states. SFC Bank retains its name as well as local leadership, including CEO Robert Fulp. In addition, O’Reilly Hospitality LLC CEO Tim O’Reilly joined the QCR board and remains a member of the SFC Bank board. Second-quarter earnings for QCR were $10.4 million, or 73 cents per diluted share, up from $8.8 million, or 64 cents per share, a year earlier, according to the company’s quarterly report.
Lobby hours: 9 a.m.-5 p.m. Monday through Friday; drive-thru: 7 a.m.-6 p.m. Monday through Friday and 9 a.m.-noon Saturday
Phone: (417) 882-8111
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