‘It's been a shock;' Increased rent forces closure of school supply store
The store will shut down operations on September 13th, following a 20% closing sale.
The decision not to renew the lease at Washington Park Plaza has left employees like Bailey Hodges, a Senior Associate, shocked and searching for new jobs.
[DOWNLOAD: Free WHIO-TV News app for alerts as news breaks]
News Center 7's Amber Jenkins talked to employees and customers who are shocked by the closure announcement on News Center 7 starting at 5:00
TRENDING STORIES:
Brio abruptly closes area's only location; Neighbors worried for shopping center's future
Local district forced to make adjustments to accommodate rising enrollment after failed bond issue
Local school supply store announces upcoming closure, offers discounts
Hodges, who worked her way up from cashier to senior associate in three years, expressed her surprise at the closure, especially after the store's successful back-to-school season with over $100,000 in sales.
The impact of rising rent costs has led to the loss of a longstanding community resource.
[SIGN UP: WHIO-TV Daily Headlines Newsletter]
Solve the daily Crossword
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
16 minutes ago
- Yahoo
Smith & Wesson Brands, Inc. First Quarter Fiscal 2026 Financial Release and Conference Call Alert
Maryville, Tennessee--(Newsfile Corp. - August 21, 2025) - Smith & Wesson Brands, Inc. (NASDAQ: SWBI), a U.S.-based leader in firearm manufacturing and design, today announced it plans to release its first quarter fiscal 2026 financial results on Thursday, September 4, 2025, after the close of the market. The full text of the press release will be available on the Smith & Wesson Brands, Inc. website at under the Investor Relations section. The company will host a conference call and webcast on September 4, 2025 to discuss its first quarter fiscal 2026 financial and operational results. Speakers on the conference call will include Mark Smith, President and Chief Executive Officer, and Deana McPherson, Executive Vice President and Chief Financial Officer. The conference call may include forward-looking statements. The conference call and webcast will begin at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). Interested parties in North America are invited to participate by dialing 1-877-704-4453. Interested parties from outside North America are invited to participate by dialing 1-201-389-0920. Participants should dial in at least 10 minutes prior to the start of the call. A live and archived webcast of the event will be available on the company's website at under the Investor Relations section. About Smith & Wesson Brands, Inc. Smith & Wesson Brands, Inc. (NASDAQ: SWBI) is a U.S.-based leader in firearm manufacturing and design, delivering a broad portfolio of quality handgun, long gun, and suppressor products to the global consumer and professional markets under the iconic Smith & Wesson® and Gemtech® brands. The company also provides forging and machining services to third parties. For more information, call (844) 363-5386 or visit Contact: investorrelations@ 747-3448 To view the source version of this press release, please visit
Yahoo
16 minutes ago
- Yahoo
Framingham apartments for rent saw slight price decreases since last July
Renters in Framingham saw apartment listing prices slightly decrease from last year's median of $2,641, an analysis of new data from rental marketplace Zumper shows. The typical apartment listed for rent at $2,575 in July. Median listing prices in Framingham are trending the same as last month's $2,601 price. The data covers all bedroom sizes, ranging from studios to four-bedroom units, within the specified metropolitan area. It reflects the median rent for all listings that were active at any given point during the month, according to Russell Middleton, co-founder of Zumper. New construction is included in the data and listings that are currently occupied or no longer available are excluded. One-bedroom apartments listed to rent at a median of $2,290, slightly lower than June, when they were $2,320. Since last year, one-bedroom rental prices dropped 0% from $2,300. Two-bedroom apartments listed for rent were slightly lower than June at a central price of $2,810, compared to $2,840. Since last year, two-bedroom rental prices slightly dropped from $2,830. Statewide, Massachusetts rental listing prices are very close to June's median of $3,115. One-bedroom rentals were listed for a typical price of $2,625, essentially the same as June's average of $2,650. Two-bedroom rental listing prices are nearly the same as June's central price of $3,250. In Framingham, the typical apartment listed for rent is 17% below the state median. One-bedroom rentals were 13% below the state median, while two-bedrooms listed 14% below. Nationwide, apartment rental listing prices are essentially unchanged from last month's $1,935. One-bedroom rentals across the nation listed for a typical price of $1,563, nearly the same as last month, while two-bedroom rental listing prices approximately the same as last month's median of $1,850. In Framingham, the typical apartment listed for rent is 32% above the national median. One-bedroom apartment rentals listed 47% above the national median, with two-bedroom rentals listed 53% above. The median apartment rental prices used in this report are gathered from Zumper, which aggregates over one million active listings posted by brokers and landlords to Zumper's Landlord Platform and third-party listings from MLS providers to calculate median asking rents. Read more about their rent estimate methodology here. The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Zumper . Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us. This article originally appeared on MetroWest Daily News: Framingham apartments for rent saw slight price decreases since last July Solve the daily Crossword
Yahoo
16 minutes ago
- Yahoo
How this town in the West became the epicenter of global economic policy
Going back to 1982, some of the world's most significant and distinguished economic minds descend on the shores of Jackson Lake in Grand Teton National Park every August to forecast and discuss the year's global financial outlook. It's a quietly significant event on the world's monetary market calendar, where those who create, interact with and regulate fiscal policy gather in one of the country's most beautiful locations for several days of candid economic conversation. The gathering is called the Jackson Hole Economic Symposium and the conference is organized by the Federal Reserve Bank of Kansas City, which is one of the 12 regional banks that make up the Federal Reserve System. The first symposium was actually held in Kansas City in 1978 and was focused on growing agricultural trade. It moved to Jackson amid the economic turmoil surrounding the inflation spike of 1981 when it reached 13%, according to the Kansas City Fed. 'The Jackson symposium has had a tremendous impact,' the late Martin Feldstein, economic advisor to Ronald Reagan and the president of the National Bureau of Economic Research, said in a 2008 interview. 'This set of meetings really shapes thinking about policy. Some talk about a 'Washington consensus;' I sometimes talk about the 'Jackson consensus.'' This year's event kicked off Thursday and runs through Saturday. The topic is 'Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy.' 'Labor markets are undergoing structural change,' reads the event's press release. 'Some drivers of this change reflect the acceleration of preexisting trends, such as declining birth rates, an aging labor force, and reduced labor mobility. There have also been new developments like the spread and maturation of artificial intelligence, which could potentially change the economic role and value of labor.' The symposium is invitation-only, with 120 or so attendees hand-picked based on the year's specific topic. Attendees range from central bankers to policymakers, with academics, financial journalists and economists included. In addition to the likes of Federal Reserve Chairman Jerome Powell, who will give the keynote address Friday morning. The curated list of attendees — many of whom are in positions to make impactful decisions about global finance — will discuss how the forces of declining birth rates and artificial intelligence will affect labor markets over the coming years, and also how those developments will ultimately influence fiscal and monetary policy. Despite the influence and nature of those conversations — and the wealth of information contained in the supporting studies and research papers that participants submit in advance of attending — it is the Fed chairman's address that will garner the most attention at this year's symposium. What to expect from the Fed chairman With increasing tension between the executive branch and Powell, there's a lot of anticipation for what he will talk about, specifically where he and the Fed stand on lowering interest rates. Amid the Fed's conservative approach to lowering or holding steady on interest rates, President Donald Trump has consistently threatened to fire Powell over the last several months and repeatedly called him names such as 'numbskull' and 'average mentally person.' In addition to those direct threats, Trump's cabinet has investigated an ongoing refurbishment project for negligence. Just this week, the president called for one of the Federal Reserve's governors, Lisa Cook — a Biden appointee — to step down. That followed an investigation from the Federal Housing Finance Agency that alleges fraud in Cook's past mortgage applications. Powell's complications do not only come from the executive branch. He is also subject to dissenting views about interest rates from within his own board of governors. At least two have come out publicly disagreeing with how the Fed is handling interest rates, believing that they should be lowered more quickly. All of which makes for a high stakes address this week in Jackson. How to learn more The full agenda of the event is not published until Thursday evening at the Kansas City Fed's website. There you can also find all of the meeting minutes, research papers and other event materials going back to the first event in 1978. In the coming months, the remainder of the minutes and event materials will be published at the same link. Powell's talk will be live-streamed on the Kansas City Fed's YouTube channel on Friday morning. Sign in to access your portfolio
