Work will get underway soon on a site for the Dayton-area’s first Costco store after Oberer Realty closed a deal Monday to make Costco the anchor tenant in its Cornerstone development. The development in Centerville, just off I-675, has been around for five years, but most tenants for the site are still in negotiations and haven’t been announced.
George Oberer, Oberer Companies CEO, says even though Cornerstone is just beginning to fill up, he’s not worried about keeping the development occupied.
A citizens’ group has gathered 1,700 signatures on a petition asking the Target store in Trotwood not to close. Target recently announced that its Trotwood and Middletown stores in the Dayton area are set to shut down May 3.
Trotwood city council member Bruce Kettelle compared the news from Target to a break-up.
Buildings on the eastern side of Main Street near the Miami Street intersection in Waynesville, Ohio, United States. This block is part of the Waynesville Main Street Historic District, a historic district that is listed on the National Register of Historic Places.
Shoppers are out in full force for Black Friday, traditionally one of the biggest shopping days of the year. And there are plenty of options when it comes to buying holiday gifts. Retail giants like Walmart and Target specialize in high volume, low priced goods that will draw shoppers in to their stores, but the holiday shopping season is one that many small, locally-owned shops depend on for survival.
The holiday shopping forecast for the state of Ohio is better than last year’s, according to a study by the University of Cincinnati Economics Center, but the Dayton-area forecast is the worst in the state.
This holiday season Ohio retailers are looking at a 3.5 percent increase in sales compared to 2012. That estimate, produced by the Economics Center for the Ohio retail group “Focus On Ohio’s Future,” lags behind the national forecast of 3.9 percent. And it lags behind the same estimate last year, when Ohio retailers predicted a 4.2 percent increase from 2011.