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	<title>WOSU News &#187; polaris</title>
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		<title>WOSU News &#187; polaris</title>
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		<title>Glimcher Reports Record Sales</title>
		<link>http://wosu.org/2012/news/2012/02/16/glimcher-reports-record-sales/</link>
		<comments>http://wosu.org/2012/news/2012/02/16/glimcher-reports-record-sales/#comments</comments>
		<pubDate>Thu, 16 Feb 2012 16:41:51 +0000</pubDate>
		<dc:creator>Steve Brown</dc:creator>
				<category><![CDATA[Business & Economy]]></category>
		<category><![CDATA[Newsletter Stories]]></category>
		<category><![CDATA[eastland]]></category>
		<category><![CDATA[glimcher]]></category>
		<category><![CDATA[malls]]></category>
		<category><![CDATA[polaris]]></category>
		<category><![CDATA[sales]]></category>

		<guid isPermaLink="false">http://wosu.org/2012/news/?p=23501</guid>
		<description><![CDATA[The Columbus-based shopping mall developer says sales finally cracked $400-per-square-foot in the final quarter of last year.]]></description>
				<content:encoded><![CDATA[<p>Columbus-based shopping mall owner Glimcher is reporting the best quarter in company history.</p>
<p>In the final quarter of 2011, Glimcher was finally able to crack the $400-per-square-foot mark. That&#8217;s a big deal, says Lisa Indest, the company&#8217;s vice president of finance and accounting.</p>
<p>&#8220;Once you&#8217;re over that threshold, the value of malls in that tier of sales is much greater than those under,&#8221; Indest says.</p>
<p>Indest says Glimcher has outperformed the down economy by focusing on its best properties.</p>
<p>&#8220;So we did in 2007 and 2008 sell some under-performing malls, and we&#8217;ve added high-quality malls to our portfolios.&#8221;</p>
<p>Glimcher owns 24 malls including Eastland and Polaris Fashion Place, which Indest says has sales about 25 percent higher than the company average.</p>
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			<itunes:keywords>eastland,glimcher,malls,polaris,sales</itunes:keywords>
	<itunes:subtitle>The Columbus-based shopping mall developer says sales finally cracked $400-per-square-foot in the final quarter of last year.</itunes:subtitle>
		<itunes:summary>The Columbus-based shopping mall developer says sales finally cracked $400-per-square-foot in the final quarter of last year.</itunes:summary>
		<itunes:author>WOSU News</itunes:author>
		<itunes:explicit>no</itunes:explicit>
		<itunes:duration>47</itunes:duration>
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		<title>Vice President Joe Biden Returns To Central Ohio</title>
		<link>http://wosu.org/2012/news/2012/02/09/biden-returns-to-central-ohio/</link>
		<comments>http://wosu.org/2012/news/2012/02/09/biden-returns-to-central-ohio/#comments</comments>
		<pubDate>Thu, 09 Feb 2012 12:29:51 +0000</pubDate>
		<dc:creator>The Associated Press</dc:creator>
				<category><![CDATA[Government]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[campaign]]></category>
		<category><![CDATA[election]]></category>
		<category><![CDATA[Joe Biden]]></category>
		<category><![CDATA[ohio newspaper association]]></category>
		<category><![CDATA[polaris]]></category>
		<category><![CDATA[vice president]]></category>

		<guid isPermaLink="false">http://wosu.org/2012/news/?p=23129</guid>
		<description><![CDATA[Vice President Joe Biden is making a second visit to Ohio in less than a month. The Democrat is scheduled to speak Thursday at the Ohio Newspaper Association's convention in Columbus. ]]></description>
				<content:encoded><![CDATA[<p>Vice President Joe Biden is making a second visit to the political bellwether state in less than a month.</p>
<p>The Democrat is scheduled to speak Thursday at the Ohio Newspaper Association&#8217;s convention in Columbus. Biden was in the Columbus area last month to talk about college affordability.</p>
<p>His trip comes just weeks before the Republican presidential candidates face off in the state&#8217;s March 6 primary. The GOP contenders are also expected to step up their appearances in Ohio.</p>
<p>President Barack Obama carried the state in 2008, and it is expected to be an important swing state again in November.</p>
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		<title>Central Ohio Retailers Boost Hiring For Holidays.</title>
		<link>http://wosu.org/2012/news/2010/11/22/central-ohio-retailers-boost-hiring-for-holidays/</link>
		<comments>http://wosu.org/2012/news/2010/11/22/central-ohio-retailers-boost-hiring-for-holidays/#comments</comments>
		<pubDate>Mon, 22 Nov 2010 00:00:00 +0000</pubDate>
		<dc:creator>Tom Borgerding</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[columbus]]></category>
		<category><![CDATA[polaris]]></category>

		<guid isPermaLink="false">http://wosu.org/2012/news/2010/11/22/central-ohio-retailers-boost-hiring-for-holidays/</guid>
		<description><![CDATA[Little by little, Ohio's jobless rate is dropping. The Ohio Department of Job and Family Services says the unemployment rate fell to single digits in September. In Central Ohio,  that's partly the result of a slowly improving outlook for retailers.]]></description>
				<content:encoded><![CDATA[<p>Little by little, Ohio&#8217;s jobless rate is dropping. The Ohio Department of Job and Family Services says the unemployment rate fell to single digits in September. In Central Ohio, that&#8217;s partly the result of a slowly improving outlook for retailers. As WOSU&#8217;s Tom Borgerding reports seasonal hiring helping reverse a decade long decline in retail employment. </p>
<p>&#8220;Retailers just decimated their employment over the recession that&#8217;s here.&#8221; </p>
<p>And, Columbus Chamber of Commerce economist Bill Lafayette says the recession of 2008 and 2009 came on the heels of post 9-eleven. Ten years ago Central Ohio retail merchants employed 125,000 workers. Today that number stands at 98,000, A drop of more than 20 percent. Northland is gone, City Center is gone. Morse Road and Brice Roard: all retail casualties of the past decade. But, this fall retail employment has bounced off that bottom number and began growing. </p>
<p>&#8220;The holiday hiring seems to be stronger than what you would normally expect.&#8221; </p>
<p>Lafayette says 11-hundred new workers have been hired this fall by stores and other retail businesses. Case in point: Sugardaddy&#8217;s. The five year old business specializes in fresh-baked brownies and blondies. Co-owner Tom Finney says his success hinges on the company&#8217;s ability to bake, package and ship its product for next day delivery. Sugardaddy&#8217;s has a central kitchen and two retail stores, Polaris Parkway and Gay Street, downtown. </p>
<p>&#8220;We&#8217;re starting to see more business coming in this year as a result of the pre-holiday order. So we&#8217;re very optimistic about the holiday season.&#8221; </p>
<p>Finney says the pick-up in business comes from both individuals treating themselves or their family and friends to more sweets and from corporate orders. Finney says companies are again giving gifts to their workers. The additional sales prompts Finney to add workers. </p>
<p>&#8220;In our kitchen staff, we will go from about four employees to about eight. Packing and shipping will more than triple. Actually we have a full time packing and shipping director and then we&#8217;ll add about four employees there. And of course in our retail stores we will more than double our staffs.&#8221; Says Finney. </p>
<p>Finney says most of the seasonal workers will be let go in January but not all of them. </p>
<p>&#8220;Usually each year we will maintain one to two employees from holiday onto our full-time roster.&#8221;</p>
<p>Economist Lafayette says with the help of retailers like Finney .who decide to add a worker or two will likely translate into modest job growth in 2011. </p>
<p>&#8220;The amount of decline that we&#8217;ve seen over the last decade puts us in a good position to grow as soon as the recovery takes hold.&#8221; Says Lafayette. </p>
<p>Until then, Finney says he&#8217;ll be cautious. There&#8217;s one job that has not been posted or added this season .the job of taste tester. </p>
<p>(Laughter)&#8230;.&#8221;Actually I&#8217;ve gained about 30 pounds since we opened, so. Yeah, we do our own taste-testing.&#8221; </p>
<p>Tom Borgerding WOSU News</p>
]]></content:encoded>
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			<itunes:keywords>columbus,polaris</itunes:keywords>
	<itunes:subtitle>Little by little, Ohio&#039;s jobless rate is dropping. The Ohio Department of Job and Family Services says the unemployment rate fell to single digits in September. In Central Ohio,  that&#039;s partly the result of a slowly improving outlook for retailers.</itunes:subtitle>
		<itunes:summary>Little by little, Ohio&#039;s jobless rate is dropping. The Ohio Department of Job and Family Services says the unemployment rate fell to single digits in September. In Central Ohio,  that&#039;s partly the result of a slowly improving outlook for retailers.</itunes:summary>
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		<itunes:duration>3:02</itunes:duration>
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