Tag: Dispatch

Bank of America making presence known in central Ohio – Business – The Columbus Dispatch

Bank of America has become the fifth-largest bank in central Ohio in terms of deposits, barely a year after opening its first Columbus office.

Barely a year after opening its first Columbus office, Bank of America has become one of central Ohio’s largest banks.

The bank has become central Ohio’s fifth biggest bank in terms of deposits in just its first year in the Columbus market, according to new Federal Deposit Insurance Corp. data.

Bank of America had a 6.07% share of the market as of June 30. That puts the bank at No. 5 in the Columbus area.

“The in-roads we have made through our continued focus on supporting our teammates, clients and the Columbus community have enabled us to grow our deposit share and make an impact in the market,” Jeneen Marziani, Bank of America Ohio market president, said in an email.

Bank of America opened its first

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Columbus Crew’s new training facility completes stage of construction ahead of summer 2021 opening – Sports – The Columbus Dispatch

Stamped with the Columbus Crew SC name and the signatures of club staff and players, the final steel beam was raised to the top of the Ohio Health Performance Center on the west side of Mapfre Stadium on Friday afternoon to commemorate an ending of one phase of construction on the club’s new training facility.

On schedule to open June 2021, about a month before the new downtown stadium opens next year, the $30 million training facility will be 42,000 square feet with three fields for the Crew and one for the Crew Academy youth teams.

Both the first team and academy will have their own locker rooms, lounges, training and workout rooms at the facility with a full dining area and kitchen. The first team will have its own sleep and recovery room in addition to a hydrotherapy area.

Crew chief business officer Steve Lyons said the next phase

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Ohio treasurer proposing $100 million in small business pandemic relief grants – News – The Columbus Dispatch

AKRON – Ohio’s treasurer wants the state to set aside $100 million in federal pandemic relief funds to provide grants to struggling small businesses hurt by the coronavirus.

The program needs to go through the General Assembly first, get approval by the DeWine administration and then be administered.

And the clock is ticking: The money, which would come from federal aid already given to the state, must be allocated and spent by Dec. 31.

Ohio Treasurer Robert Sprague came to Akron on Thursday to talk about the proposal. The Ohio Business Roundtable, Ohio Restaurant Association, Ohio Chamber of Commerce and others support its creation, he said.

Small businesses across Ohio have been impacted the most by the pandemic, Sprague said.

“As we’ve seen throughout the country, and here in Akron and throughout the state of Ohio, small businesses have been tremendously adversely impacted, whether you are talking about retail, restaurants,

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Online shopping pushing central Ohio warehouse construction into overdrive – Business – The Columbus Dispatch

Seven months of shopping from home has led to a surge in central Ohio warehouse construction, putting the region on track for a record amount of new distribution space.

Central Ohio is on track for a record amount of new warehouse space this year, driven in part by a surge of consumers shopping from home during the coronavirus pandemic.

Through the first half of the year, 5.8 million square feet of new industrial space opened in central Ohio and another 8.8 million square feet is under construction, according to the commercial real estate firm Cushman & Wakefield.

Together, that’s the equivalent of 80 new Walmart stores or 21 new Nationwide Arenas.

Depending on how many of the warehouses open in the next few months, central Ohio is likely to see a record amount of new warehouse space for the year, said Jason Tolliver, the head of industrial research for Cushman

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Online shopping, central Ohio warehouse construction in overdrive – Business – The Columbus Dispatch

Seven months of shopping from home has led to a surge in central Ohio warehouse construction, putting the region on track for a record amount of new distribution space.

Central Ohio is on track for a record amount of new warehouse space this year, driven in part by a surge of consumers shopping from home during the coronavirus pandemic.

Through the first half of the year, 5.8 million square feet of new industrial space opened in central Ohio and another 8.8 million square feet is under construction, according to the commercial real estate firm Cushman & Wakefield.

Together, that’s the equivalent of 80 new Walmart stores or 21 new Nationwide Arenas.

Depending on how many of the warehouses open in the next few months, central Ohio is likely to see a record amount of new warehouse space for the year, said Jason Tolliver, the head of industrial research for Cushman

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How big are Kroger’s online grocery sales now? Bigger than Levi Strauss or Harley-Davidson – Business – The Columbus Dispatch

In the last 12 months, Kroger has done more business selling groceries online than Levi Strauss did selling blue jeans or Harley-Davidson did selling motorcycles.

Kroger told Wall Street analysts in its latest quarter digital sales were more than 7% of total sales – roughly $2 billion – in the 90 days ending June 30. Company officials have stopped short of spelling out their total digital sales volume as it has taken off in 2020, growing at 127% in the last quarter.

But an Enquirer analysis of Kroger’s sales disclosures indicates Kroger’s digital sales –groceries bought online for home delivery or for pickup in a parking lot – hit roughly $5.8 billion in the last 12 months – large enough to be a Fortune 500 company.

Further, the disclosures indicate Kroger’s digital sales could top $7 billion this year – making it as big as Cincinnati’s big financial firms Fifth

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HOF Village names exec vp for business development – Business – The Columbus Dispatch

Hall of Fame Resort & Entertainment Co., developers of the HOF Village complex, have named an executive vice president for business development.

CANTON Former Stark County resident Erica Muhleman is returning to the area as executive vice president of new business development, marketing and sales for the Hall of Fame Resort & Entertainment Co.

Muhleman has a background in corporate sponsorships, sales and marketing, and community and public relations. Her primary responsibilities will include expanding and strengthening the company’s relationships with global, national and regional business partners to drive revenue and raise brand profile for Hall of Fame Village’s business operations.

Muhleman joins HOF Village after serving as executive vice president of business development for Pegula Sports and Entertainment, based in Buffalo, New York. Before joining Pegula Sports, Muhleman worked for the Buffalo Bills as vice president of

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Big expansion: Sheetz to open 50 stores in central Ohio by 2025 – Business – The Columbus Dispatch

Pennsylvania convenience store and gas station company Sheetz is planning 50 stores in central Ohio by 2025. The company has broken ground on stores in Obetz and Delaware.

Sheetz is moving full steam ahead with its $250 million rollout in central Ohio.

The Altoona, Pennsylvania-based restaurant, convenience store and gas station company said Monday that it is planning about 50 stores in central Ohio by the end of 2025.

It has broken ground on stores in Obetz and Delaware, the first of more than a dozen in central Ohio that Sheetz is scheduled to open by the end of 2021.

Beginning in 2022, the company plans to open about a dozen stores a year through 2025.

Eventually, the retailer says it will have about 1,500 employees in central Ohio, or 30 per store. The typical store will be about 6,000 square feet.

“We’re not coming in lightly, that’s for sure,”

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Story kick-starts sneaker business for Columbus teen – News – The Columbus Dispatch

Support, praise and new customers pour in for the Columbus teen who shook off the drudgery of a pandemic spring and summer with an in-home sneaker-restoration business.

Next on the to-do list for Antonio Davis, a Columbus teen who overcame his pandemic-shutdown boredom by creating a business, is learning how to ship packages.

“I gotta figure out the best way to mail stuff in and out, because now there are customers out-of-state,” Antonio said Friday.

He and his family say they have been swamped with attention and inquiries since The Dispatch wrote about the 15-year-old’s fledgling sneaker-restoration business on Monday.

“I don’t do social media, but I was being bombarded,” Misha McNeil, Antonio’s mom, said with a laugh. “People were sending me messages saying, ‘Look. This is your son, and he’s trending.’”

The East Side family heard not only from friends and would-be customers but also current and former teachers,

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Jobs outlook for central Ohio much weaker than a year ago – Business – The Columbus Dispatch

Manpower’s quarterly jobs outlook for central Ohio this fall is much weaker than during the same period last year.

Blame the coronavirus pandemic and the damage it has done to the economy.

The survey, released Tuesday, shows that 15% of employers expect to hire in the final three months of 2020, while 10% say they’ll cut staff. Of the rest, 72% will keep staffing where it is and 3% are unsure.

The five-point spread between hiring and firing is 26 points below where it was a year ago, when central Ohio had the strongest hiring outlook in the country among the 100 biggest metro areas and the weakest outlook among Ohio’s big metro areas.

Dayton has the strongest outlook with a 14-point spread between hiring and firing. For the state, that spread is eight points.

Among the big metro areas in Ohio, only Cincinnati has a better outlook than it

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