Swedish retailer IKEA announced Tuesday it plans to build a store in Columbus near Polaris Mall.
The bill’s sponsor expects the sales tax exemption to create a “Black Friday” type of excitement that would benefit retailers and shoppers.
The state has collected $45 million from out-of-state retailers in the 2014 budget year. That’s a 68 percent increase over the past five years.
Thirty years ago, some of the most bustling places in the state were shopping malls. These enclosed commercial districts were â€œpeople magnetsâ€, but, online shopping and a bad economy have hit the industry hard. Many Ohio communities are now struggling with redeveloping the abandoned properties.
Trustees in a Delaware county township have denied a zoning request from developers of a planned outlet mall and recreation complex near the intersection of Interstate 71 and State Route 36/37.
In 2012, city prosecutors reported a 400 percent increase in thefts where the value of goods exceeded $500.
The International Council of Shopping Centers says retail sales dropped more than three percent for the week ended December 1st.
While today is called â€œBlack Fridayâ€ in the retail world, one Ohio consumer expert says the entire Thanksgiving week now includes holiday shopping deals.
Just a few days before Christmas. For those of us still looking for ideas, help us out. What’s your last-minute gift advice?
Shoppers at local grocery stores are saving money, but that may not be good for some stores. The continued downturn in the economy led to steep drops in grocery store earnings for the parent company of Save A Lot. Shoppers on the near East Side claim they have to shop smart.
Nearing the peak of the holiday season, there are conflicting stories in the news. Home foreclosures are up, food pantry lines are longer while at the same time, retailers report a banner start to the holiday shopping season.WOSU commentator Jerolyn Barbee urges people to take note of the contradiction.