Menards store to open next week near Dayton Mall

Published: Tuesday, September 11, 2012 @ 10:16 AM
Updated: Tuesday, September 11, 2012 @ 9:55 PM


            The new Menards store just south of the Dayton Mall along Ohio 741 will bring a new level of competition to the already hotly contested home improvement market in the Dayton area. The new Menards is the second in the Dayton area to compete with the likes of Home Depot and Lowe's, who have been butting heads here in Dayton for well over 10 years.
The new Menards store just south of the Dayton Mall along Ohio 741 will bring a new level of competition to the already hotly contested home improvement market in the Dayton area. The new Menards is the second in the Dayton area to compete with the likes of Home Depot and Lowe's, who have been butting heads here in Dayton for well over 10 years.

The big home-improvement chains

Home Depot

Founded: 1978

Headquarters: Atlanta

Total stores: 2,250

Local stores: 3

Revenue: $71.7 billion

Publicly traded

Lowe’s

Founded: 1946

Headquarters: Mooresville, N.C.

Total stores: 1,748

Local stores: 3

Revenue: $50.8 Billion

Publicly traded

Menards

Founded: 1960

Headquarters: Eau Claire, Wis.

Total stores: 272

Local stores: 2

Revenue: $7 billion (estimated)

Family-owned

Source: Dayton Daily News research

MIAMI TWP., Montgomery County —The 225,000-square-foot Menards “Mega Store” that opens next week near the Dayton Mall will intensify the already heated competition for consumer dollars among the major home-improvement retailers in the the Dayton area, an industry analyst said.

Menards officials announced Tuesday the new store at 8480 Springboro Pike at the southeast corner of State Route 741 will open Tuesday, Sept. 18.

The store will have a full-service lumber yard and large lawn-and-garden center, officials said. Customers will be able to use computers to help design their home-improvement projects. The store will also carry name-brand appliances, pet products and a line of convenience groceries.

“Homeowners, tenants, business owners and contractors will now have great access to a full line of building materials and supplies at the lowest prices in the area,” Menards spokesman Jeff Abbott said.

Eben Jose, home-improvement industry analyst for Los Angeles-based IBISWorld, Inc., an independent industry research company, said his firm has projected home improvement sales to grow at an annual rate of 3.3 percent over the next five years, to $187 billion in 2017, following a recession-impacted five-year period ending in 2012 in which sales were projected to drop by 2.8 percent per year. The more optimistic outlook is based on falling unemployment and on signs of renewal in the housing market, particularly in new construction, Jose said.

Menards’ decision to build larger “mega-stores” are part of the company’s strategy to compete aggressively against Home Depot and Lowe’s, Jose said.

Home Depot has captured about 41 percent of the national market, while Lowe’s has a nearly 33 percent market share, Jose said. Menards, with only a fraction of the stores of the two industry leaders, has captured nearly 5 percent of the national market while competing in only 14 states, mostly in the Midwest. In southwest and west-central Ohio, Menards operates stores in Tipp City in Miami County and in Fairfield Twp. in Butler County, as well as in Sidney, Celina and Lima.

The size of the average Menards has grown in recent years from 74,000 square feet to 162,000 square feet, Jose said. With a more varied selection and larger inventory in its larger stores, Menards can source products and raw materials at lower prices, boosting its ability to compete more effectively against the industry leaders, the industry analyst said.

Bill Hamilton, general manager of the Miami Twp. Menards, said Tuesday that his store will stock about 60,000 items, “everything from light bulbs to a complete house package” that include all of the materials needed to build a home from the ground up.

Despite multiple requests for employment numbers, neither Hamilton nor Menards spokesman John Leonauskas could provide provide an estimate or a range of the number of people the Miami Twp. store will employ. A typical Menards store, Leonauskas said, “will employ hundreds.” Leonauskas said he had no information as to whether Menards is considering any other store locations in the Dayton area.

The Miami Twp. Menards store will open at 6:30 a.m. Sept. 18. The hours going forward will be Monday through Saturday 5 a.m. to 10 p.m., and Sunday 8 a.m. to 8 p.m.

8 side hustles you can start with almost no money

Published: Wednesday, September 20, 2017 @ 11:57 AM
Updated: Wednesday, September 20, 2017 @ 11:57 AM

Residential cleaning start-ups can specialize in just one or a few services, like cleaning blinds, to keep costs under control.
Residential cleaning start-ups can specialize in just one or a few services, like cleaning blinds, to keep costs under control.

Dreaming about starting your own business?

Don't let your hopes sink just because you're low on financial resources.
There are many businesses you can start inexpensively, according to the Balance, a personal finance website. "Some can be started for nothing if you already have the equipment."
Such businesses can offer a good living and the satisfaction of being your own boss. These types of businesses are not suitable for anyone looking for a “get rich quick” plan or a way to become an instant millionaire,” according to finance site.

RELATED: 7 steps to transition from a 9-to-5 to a full-fledged entrepreneur


These are the seven cheap startup ideas that offer a return, recommended by the Balance and other financial experts:

Residential cleaner. With this startup, you'll free people to do things they enjoy more than cleaning the house. Your clients won't necessarily be affluent, either. Rather, you can draw from a range of busy two-earner couples and families willing to hire out cleaning. To get started, noted the Balance, you'll need cleaning supplies, reliable co-workers if you're going after bigger jobs, knowledge of how to clean and cleaning products. You can always rent bigger equipment, like floor polishers, but there's no substitute for an ability to build a client base if you choose to enter the residential cleaning business.

A Drizly delivery driver delivers alcoholic beverages to a Baltimore resident. Drizly is a beer, wine and liquor delivery service that operates in several U.S. cities, including now in Middletown. (Photo: Steve Ruark/Baltimore Sun/TNS)(Staff Writer)

Delivery service driver. This choice is easy to start, but only if you already own a suitable vehicle with insurance and a good driving record. The delivery industry definitely has room for "the little guy" for delivery of anything from sandwiches to compost to Christmas trees. The Balance recommended zoning in on delivery services of just a particular product, like an organic vegetable box route, to simplify contacts and bookkeeping.

Avon's Breast Cancer Aviator sunglasses cost $12 and 20% of the net profits ($2.40) will be donated to the Avon Breast Cancer Crusade. The glasses and a range of other items to support breast cancer awareness are available at avon.com.

Avon sales consultant. The American Express blog also offered cheap startup business ideas, including a favorable review of becoming a sales consultant for one of the many brands that pay individuals to introduce their products to the public. The least expensive option was Avon: You can start there for just $10. The blog recommended an Avon business for people who were comfortable talking to other people face to face about a product. 

Virtual assistant. Small business owners focusing on growing their brand may not have time to post to social media, schedule or sort e-mail, and that's where a virtual assistant comes in, according to the Amex blog. Market those skills, along with other functions you can perform virtually with a computer and stable Internet connection, and you're on your way.
Entrepreneur's tips for becoming a virtual assistant include preparing a business plan and reviewing it often, along with considering specializing in just two or three services and joining a networking club to get referrals.

Loveleigh Loops, a Dayton-based calligraphy company, will host two workshops at Knack Creative. Intro to Brush Lettering will be held May 23, and Copperplate Calligraphy will be held May 24. Classes will be 6-8:30 p.m. at Knack Creative, 42 W. 5th St., Dayton. Contributed photo.

Calligrapher. This is a specialized niche, but with Pinterest and reality television driving nostalgic wedding trends, you could establish a solid business with very little investment, according to the Amex blog. You'll need beautiful penmanship, calligraphy supplies, samples and business cards to start a calligraphy business.

Tutor. Use your proficiency in subjects from French to to trigonometry to become a private tutor with little more than some marketing materials and a lesson plan. Remember that adults in school can also require help with tough subjects, so becoming an online tutor could be profitable. 

Event planner.Business Daily noted that succeeding with an event planning startup relies heavily on having an outgoing personality and a solid database of vendors and contacts – and not being afraid of cold calls. Being detail-oriented and organized are important, too, since most events are once-in-a-lifetime moments like birthday parties, class reunions and weddings. If you have the drive and the personality but lack experience, BD recommended planning a few pro-bono events. 

Personal concierge. This side hustle is also known as "errand runner." It's particularly appealing to two-earner families, who may not have the time for odd jobs like picking up fresh-baked bagels, returning goods to the mall or mailing packages, according to the Balance. A personal concierge can charge by the hour or the task, and reliable transportation is a must. 
According to Entrepreneur, a personal concierge can specialize in helping corporate clients or those who spend most of their working hours in office complexes. A personal concierge can also concentrate on "the homeowner who's not at home." The magazine recommended this startup for those with loads of get-up-and-go and contacts and resources in a variety of industries and occupations.

New low-cost flight added at local airport

Published: Wednesday, September 20, 2017 @ 11:37 AM


            FILE
FILE

Frontier Airlines has added another low-cost flight destination to the Cincinnati/Northern Kentucky Airport.

The low-cost carrier launched nonstop service to San Jose, California — bringing the total destination served from CVG to 20, the airline announced. The new route will be served with Airbus A320 aircraft.

» WOW air expands in Ohio: What’s really going on?

The low-cost carrier also added new to service to Austin, Jacksonville, Miami, San Antonio and Raleigh from Cincinnati earlier this summer. The airline will offer fares as low as $39 on flyfrontier.com. Tickets are already on sale for Miami, Austin and Raleigh. Tickets to Jacksonville will go on sale soon, and flights start in spring 2018.

“The new San Jose route, and othe rdestination recen annoucned, are important to our tri-state region becuase it provides even greater access to the east and west coasts and Texas,” said Candace McGraw, chief executive officer of CVG.

» Dayton Airport director’s plan to lure passengers: Bigger planes, more flights

Cincinnati’s airport also announced earlier this summer that WOW air will add services — bringing discount, international flights to travelers in Southwest Ohio. Service from Cincinnati/Northern Kentucky will be available four days a week, the airport announced on Wednesday morning. Flights to Keflavik International Airport are available from $99 one-way including taxes. Fares to WOW air’s additional locations from Cincinnati, such as London, Paris, Amsterdam, Berlin, Frankfurt, Dublin, Copenhagen and more, start at $149.

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Kohl’s to partner with Amazon: What you need to know

Published: Wednesday, September 20, 2017 @ 9:49 AM


            FILE
FILE

Kohl’s will partner with Amazon to offer free, convenient returns for Amazon customers in stores.

The retail store announced that 82 stores across Los Angeles and Chicago will offer free returns for Amazon customers starting in October. Kohl’s will “pack and ship eligible Amazon return items for free, providing an additional service and convenience to Amazon customers within select Kohl’s stores,” the company announced.

“This is a great example of how Kohl’s and Amazon are leveraging each other’s strengths – the power of Kohl’s store portfolio and omnichannel capabilities combined with the power of Amazon’s reach and loyal customer base,” said Richard Schepp, chief administrative officer.

» RELATED: 10 retailers file for bankruptcy in 2017

Customers visiting Kohl’s for Amazon Returns at Kohl’s services can use designated parking spots near the store entrance, the company said. Kohl’s has more than 1,100 stores in 49 states.

“Teaming up with Kohl’s provides an incredible opportunity to pair our world-class return experience with a great shopping experience, expanding our service options to our customers in the Los Angeles and Chicago areas,” said Shivi Shankaran, director of Worldwide Customer Returns at Amazon.

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Dayton co-op grocery store gets $220,000 donation

Published: Tuesday, September 19, 2017 @ 11:14 AM


            A rendering shows a possible design for Gem City Market prepared by Dayton architect Matt Sauer. CONTRIBUTED
A rendering shows a possible design for Gem City Market prepared by Dayton architect Matt Sauer. CONTRIBUTED

The effort to open a community-owned grocery store in northwest Dayton took a step forward this week with a $220,000 donation from CareSource.

The CareSource Foundation announced Monday the donation to Gem City Market, which goes toward the market organizers’ overall fundraising goal of $4.2 million.

Organizers have been fundraising for the cooperatively owned grocery store proposed along lower Salem Avenue, which would bring access to fresh and healthy food to northwest Dayton.

The goal is to complete the grocery store in 2019 in an area currently considered a food desert. A food desert is defined as an area where more than 40 percent of the population has an income less than 200 percent of the federal poverty level and lives more than a mile from a full-service grocery store.

Lela Klein, executive director of the Greater Dayton Union Co-Op Initiative, which is organizing the grocery store effort, said it is valuable to have a well known group like CareSource sign on to the project.

“Certainly the capital is really important but at this point the partnership is pretty significant for us as well. It’s the ability of having a known entity say ‘We have vetted this project and we have looked at it closely and we think it will move the needle,’” Lela Klein, executive director and Co-Founder, Greater Dayton Union Co-Op Initiative.

RELATED: 5 things to know about the northwest Dayton grocery co-op

CareSource, a Medicaid managed care provider, which serves just shy of 2 million low income people, is also interested in ideas that address hunger and food insecurity, said Cathy Ponitz, vice president of the CareSource Foundation.

“We certainly partner with a number of foodbanks but we’re always looking for ‘What’s the innovation to help solve big, critical social issues?’” said Ponitz.

RELATED: Parties and handshakes to help get Gem City Market off the ground

Nozipo Glenn, a market member-owner and resident near where the market will be built, said it will benefit her and change her neighborhood to have a grocery store.

“Now that I’m older, disabled, and don’t drive anymore I have to catch two — and sometimes three — buses to get to a store where I can buy what I call ‘real food,’ which is fresh vegetables, fruit. It will make a great difference to me,” said Glenn.

She said by being community-owned market, the market will create neighborhood pride and could help attract additional development nearby.

“We are thrilled and honored by this extraordinary vote of confidence from the CareSource Foundation,” Amaha Sellassie, the Gem City Market’s Board President, said in a statement. “We share the organization’s broad vision of community health that includes food access and economic empowerment. Their long-term support for the Dayton community speaks for itself, and we are so grateful for their partnership.”

Michelle Riley, CEO of The Foodbank, said there’s 123,900 people including 36,600 children who report food insecurity in the Dayton region. That’s 18 percent of people in the Miami Valley.

Riley said its important for their clients who are the working poor to be able to shop for fresh food and vegetables in an accessible way.

“Those clients struggle with transportation. They struggle with being able to drive long distances to a grocery store. And they are using corner markets, where the prices are inflated and the food is not good, to supplement,” she said.