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U.S. retail sales plunge record 8.7% after paychecks disappear
News 1 month ago
U.S. retail sales plunge record 8.7% after paychecks disappear

U. S. retail sales tumbled in March by the most on record as the coronavirus forced thousands of the nation's merchants to close and left millions...

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Downtown Akron Partnership working in new ways to support businesses
News 2 months ago
Downtown Akron Partnership working in new ways to support businesses

Suzie Graham, president and CEO of Downtown Akron Partnership (DAP), says her heart aches from the struggles the downtown neighborhood and local...

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Akron launches Rubber City Match program to help entrepreneurs, Great Streets districts
News 3 months ago
Akron launches Rubber City Match program to help entrepreneurs, Great Streets districts

Akron is launching a new program called Rubber City Match that aims to help both entrepreneurs and the city's Great Streets initiative. The program...

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The decline and fall of Victoria's Secret titan Les Wexner
News 3 months ago
The decline and fall of Victoria's Secret titan Les Wexner

As 47 models strutted down the catwalk at the Victoria's Secret fashion show in New York, billionaire Les Wexner was flying high. It was 2015 and...

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Retail Value Inc. sells New Jersey shopping center for $60 million
News 3 months ago
Retail Value Inc. sells New Jersey shopping center for $60 million

Retail Value Inc. (NYSE: RVI) of Beachwood, the company formed to sell shopping centers owned by the former DDR Corp., has sold a property in New...

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Sherwin-Williams' gains far exceed its low profile
News 3 months ago
Sherwin-Williams' gains far exceed its low profile

Contrary to the beige image it has cultivated in Northeast Ohio over decades, watching The Sherwin-Williams Co. is not at all as boring as watching...

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Akron's Cascade Valley is bridging city's past and potential future
News 3 months ago
Akron's Cascade Valley is bridging city's past and potential future

We thought we knew a fair amount about Akron, which is the hometown of some of us at Crain's. That is, until we started driving around with Akron...

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Feud erupts over property that's part of potential Sherwin-Williams HQ site
News 3 months ago
Feud erupts over property that's part of potential Sherwin-Williams HQ site

An affiliate of Stark Enterprises filed a foreclosure proceeding against the new owner of its former headquarters at 1350 West Third St. The...

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An uphill climb for downtown retail
News 3 months ago
An uphill climb for downtown retail

Although the settings are spectacular architecturally, the reality is that many stores are dark at Tower City and Galleria in 2020. The American...

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Bob's Discount Furniture to add three Northeast Ohio stores
News 3 months ago
Bob's Discount Furniture to add three Northeast Ohio stores

In the same way naval artillery bombards a shoreline to clear the way for an invasion, television ads for Manchester, Conn.-based Bob's Discount...

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Coldwater Creek will open a store at Legacy Village on Feb. 28
News 3 months ago
Coldwater Creek will open a store at Legacy Village on Feb. 28

Coldwater Creek is about to dive back into Ohio with a store at Legacy Village in Lyndhurst. The Hingham, Mass.-based retailer of women's apparel,...

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New realty investor group has spent $33M to purchase six NEO properties in last 14 months
News 3 months ago
New realty investor group has spent $33M to purchase six NEO properties in last 14 months

A Realife Real Estate Group affiliate is the new owner of the 40,000-square-foot building at 24200 Chagrin Blvd. in Beachwood. The company paid $5...

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Building a regional economy will benefit all in Northeast Ohio
News 3 months ago
Building a regional economy will benefit all in Northeast Ohio

For decades, there has been a call for the Northeast Ohio economy to reinvent itself, whether by shedding its industrial past, embracing the tech...

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How the new tax law touches like-kind exchanges
News 3 months ago
How the new tax law touches like-kind exchanges

In real estate, the definition of "like-kind" is broad: The property must be of "the same nature or character" but can be of different grades or...

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Meijer to hire 600 for two new Northeast Ohio stores
News 4 months ago
Meijer to hire 600 for two new Northeast Ohio stores

Meijer, the Grand Rapids, Mich.-based hypermarket retailer, announced on Tuesday, Jan. 14, that it plans to fill a total of 600 positions for two...

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Beyond Juicery + Eatery signs 20-store franchise deal in Ohio
News 4 months ago
Beyond Juicery + Eatery signs 20-store franchise deal in Ohio

Madison Heights, Mich.-based Beyond Juicery + Eatery sells smoothies, juices, wraps, salads and grain bowls. It is expanding with a franchise deal...

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Hemingway principal Michael Panzica exits to start own real estate development firm
News 4 months ago
Hemingway principal Michael Panzica exits to start own real estate development firm

Michael Panzica, a principal of the high-profile Hemingway Development firm, has left the company to form his own real estate development firm in...

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US Foods Group acquires Cleveland Pickle
News 5 months ago
US Foods Group acquires Cleveland Pickle

Cleveland Pickle - the local pickle business and former sandwich shop - has been acquired by The US Foods Group, a new company started by local...

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U.S. homebuilder sentiment soars to 20-year high
News 5 months ago
U.S. homebuilder sentiment soars to 20-year high

U. S. homebuilder sentiment advanced in December to the highest level since 1999 amid stronger sales and a surge in prospective-buyer foot traffic....

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