Tuesday, May 21 2013 2:01 AM EDT2013-05-21 06:01:07 GMT
(RNN) – A day after long track tornadoes devastated Shawnee and Edmond, OK, another round has begun near Oklahoma City.KOCO broadcast a slow rotating cloud that slowly extended down towards the groundFull Story >
At least 51 have died in a storm the National Weather Service described as large and violent.Full Story >
By CHRIS TALBOTT AP Music Writer Ray Manzarek, the keyboardist who was a founding member of The Doors, has died. He was 74.Full Story >
By CHRIS TALBOTT and HILLEL ITALIE AP Entertainment Writers Ray Manzarek, a founding member of the 1960s rock group The Doors whose versatile and often haunting keyboards complemented Jim Morrison's...Full Story >
COLUMBUS, OH (Toledo News Now) -Holiday retail sales in Ohio will increase by 4.2 percent over the same period last year, driven by higher consumer confidence and increased employment, according to a study prepared by the University of Cincinnati's Economics Center for the Ohio Council of Retail Merchants. In Toledo alone, sales will increase by 3.6 percent, which is slightly lower than the statewide average.
The study, commissioned by the council and its research arm Focus on Ohio's Future, anticipates taxable Ohio retail sales of $14.7 billion in November and December. This amounts to 19.8 percent of the total annual Ohio retail sales expected in 2012. While 4.2 percent is an encouraging forecast for the holiday season, this projection is lower than last year's 5.6 percent increase.
"Holiday sales are extremely important to our retail businesses in Ohio and are a good indicator of the state's economic health in general," explained Gordon Gough, executive vice president of the Ohio Council of Retail Merchants. "It is encouraging to see that consumers are spending again and our retail sales figures continue to increase over last year."
The study also projected holiday retail sales in Ohio's largest Metropolitan Statistical Areas:
Retail spending includes all retail sales except those by motor vehicle and parts dealers, gasoline stations, and non-store retailers, including catalog and Internet sales.
Jeff Rexhausen, associate director of research at the Economics Center, said increased consumer confidence, higher employment levels, a reduction in consumer debt and broader increases in U.S. retail in general will contribute to the anticipated increase for this year's holiday season.
However, Rexhausen noted several factors continue to limit retail spending growth.
"While consumer confidence is improving, there are a number of uncertain factors that could limit spending: gas prices, which make up a large part of discretionary incomes, remain volatile, and in addition, many consumers are wary of the impending fiscal cliff and the potential tax increases associated with it," Rexhausen said. "Also, the increased use of Internet retail websites has cut into the taxable retail sales total. This year alone, Ohio retailers will lose $167 million in holiday sales as a result of consumers choosing Internet retailers over brick and mortar stores, a figure which is up from $137 million in 2011."
Rexhausen cited an earlier report from the Economics Center that showed state and local governments losing as much as $200 million a year in tax receipts, Ohio retailers losing $600 million a year in sales, and 11,000 jobs could be added to the state's retail sector if taxes were collected on Internet sales.
Monday, May 20 2013 3:10 PM EDT2013-05-20 19:10:48 GMT
Several people are arrested after a raid at a Sycamore Township motel. Deputies raided the Drake Motel, located on Reading Road, on Monday morning. Several people were arrested at the scene but no namesFull Story >
Several people have been arrested after a raid at a Sycamore Township motel. Full Story >
Monday, May 20 2013 9:21 AM EDT2013-05-20 13:21:47 GMT
WILMINGTON, NC (WECT) - An Army wife who lost over 100 pounds while her husband was away in Afghanistan surprised the soldier Wednesday when he arrived at Wilmington International Airport. Misty Shaffer,Full Story >
A soldier from Wilmington returns from Afghanistan to a big surprise: a new wife, a new house and a different child.Full Story >
Experts say the officer who killed a Long Island college student and a home invasion suspect on Friday was confronted with a split-second choice.Full Story >
As a grieving family prepared for the funeral of a Hofstra University junior killed by a police officer's bullet during a standoff with an armed intruder, some on Monday questioned whether police should have waited for...Full Story >
Monday, May 20 2013 11:30 AM EDT2013-05-20 15:30:16 GMT
Authorities are investigating a shooting in Liberty Township. The shooting happened Sunday afternoon at the Countryside Village Mobile Home park off of State Route 4 in Liberty, Ohio. FOX19 has a crewFull Story >
The shooting happened Sunday afternoon at the Countryside Village Mobile Home park off of State Route 4 in Liberty, Ohio.Full Story >
Monday, May 20 2013 6:51 AM EDT2013-05-20 10:51:11 GMT
As we continue our series, "Around the World in Cincinnati," our Tracey Johnson shares the connection they have with the Nigerian community here in the tri state. Tracey says that she knew it would beFull Story >
Tracey says that she knew it would be a trip of a lifetime for her family but she never imagined that their first trip to west Africa would not be the last.Full Story >
An Oregon girl abducted as a baby and missing for 18 years finally emerged in Dallas this week when her mother turned herself in to authorities, according to the Polk County Sheriff's Department. Full Story >
An Oregon girl abducted as a baby and missing for 18 years finally emerged in Dallas this week when her mother turned herself in to authorities, according to the Polk County Sheriff's Department.Full Story >
Sunday, May 19 2013 5:33 PM EDT2013-05-19 21:33:10 GMT
Warren County authorities are investigating two bodies found in a home on Sunday. Officials were called to a residence in the 3900 block of Riley Avenue in South Lebanon around 10 a.m. Sunday morning. LittleFull Story >
Warren County authorities are investigating two bodies found in a home on Sunday. Officials were called to a residence in the 3900 block of Riley Avenue in South Lebanon around 10 a.m. Sunday morning.Full Story >
Monday, May 6 2013 1:29 PM EDT2013-05-06 17:29:07 GMT
A man charged with public indecency is expected to appear in court. Police say 36-year-old Jason Fletcher and Laura Oditt engaged in sexual conduct in a public place. The location is not named in courtFull Story >
A man charged with public indecency is expected to appear in court.Full Story >
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