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breaking news


Ninjas to take over Dayton area for annual festival

Published: Saturday, October 07, 2017 @ 10:13 AM


Ninjas from all over the world will take over Fairborn this weekend.

The 37th Annual Ninja Festival will bring martial arts enthusiasts from all over the world to the Holiday Inn Dayton Fairborn this weekend. The public martial arts showcase goes from Friday until Sunday, and registrants can expect to attend multiple sessions taught by To-Shin Do experts as well as study under An-shu Stephen and Rumiko Hayes, the founders of To-Shin Do.

» WATCH: Construction continues on Dayton area’s first At Home store

The event covers all styles of martial art practitioners, and costs $349 for Saturday and Sunday (includes lunch on both Saturday and Sunday), and $39 for the adult all class levels on Friday night.



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Report: Winn-Dixie owner preparing for bankruptcy, up to 200 stores could close

Published: Saturday, February 17, 2018 @ 3:23 PM

Bi-Lo, Owner of Winn-Dixie, Reportedly Preparing For Bankruptcy

Winn-Dixie owner Bi-Lo is preparing for bankruptcy, according to a Bloomberg report.

>> Read more trending news 

Up to 200 stores could close as part of a bankruptcy filing, Bloomberg reported. According to Winn-Dixie's website, the retailer has locations in Florida, Georgia, Alabama, Louisiana and Mississippi.

The bankruptcy filing could come as early as next month, Bloomberg reported. 

Bi-Lo has not publicly confirmed any bankruptcy plans.

Traditional grocery stores have faced increased competition from online retailers like Amazon.


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Best Buy to close all 257 mobile stores

Published: Monday, March 05, 2018 @ 2:19 PM

People walk by a Best Buy store on August 21, 2012 in New York City. (Photo by Spencer Platt/Getty Images)
Spencer Platt/Getty Images
People walk by a Best Buy store on August 21, 2012 in New York City. (Photo by Spencer Platt/Getty Images)(Spencer Platt/Getty Images)

In 2006, Best Buy began opening small “Best Buy Mobile” stores across the country, typically in shopping malls. A year later, the iPhone made its debut.

These stores specialized in the sale and service of cell phones and other small devices. At one time, according to the Minneapolis Star Tribune, Best Buy operated more than 400 of these stores.

But now the Richfield, Minnesota-based retailer is closing all 257 of its remaining mobile stores. A memo was sent to employees Feb. 28, and the company notified the federal Securities and Exchange Commission.

>> Read more trending news

The company will close all of the mobile stores by May 31.

The company’s CEO Hubert Joly said on an earnings call that the stores were closing due to “changing economics in the mobile industry,” Dayton Daily News reported.

“Back then the mobile phone business was in a period of rapid growth and margins were high,” Joly said, according to the Dayton Daily News. “Fast forward to 2018 and the mobile phone business has matured, margins have compressed and the cost of operations in our stand-alone stores is higher than our big-box stores.”

All of the company’s “Best Buy Mobile” stores are in shopping malls and measure about 1,400 square feet. A regular Best Buy store covers about 40,000 square feet.

According to the Star Tribune, employees who work at the mobile stores will be offered severance. Joly also said the company will work to transfer as many employees as possible to nearby stores or to other roles.

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Amazon looking to buy abandoned Toys ‘R’ Us storefronts

Published: Tuesday, March 20, 2018 @ 3:35 PM

Toys ‘R’ Us May Close All U.S. Stores

Amazon is looking to buy abandoned Toys ‘R’ Us storefronts once the company shuts them down for good.

The online retail giant is looking at the possibility of acquiring some Toys ‘R’ Us locations as it expands its brick-and-mortar footprint across the country, Bloomberg reported. The stores could be used to showcase its Echo devices.

Toys ‘R’ Us filed for bankruptcy last week. At the beginning of 2018, the chain had more than 800 stores before announcing in January that it would shutter 180 stores.

“Today marks the dawn of a new era at Toys“R”Us where we expect that the financial constraints that have held us back will be addressed in a lasting and effective way,” said Dave Brandon, chairman and chief executive officer.

» RELATED: 5 things to know about Amazon in Monroe

The possible interest comes as Amazon enters the brick-and-mortar game. The company purchased Whole Foods lst year, and it is also opening bookstores. Its cashless convenience stores, Amazon Go, are also reportedly expanding in states across the U.S. in coming years.

So, how does Amazon Go work? Consumers use the Amazon Go app to enter the store, take the products they want and walk out. No checkout. No lines.

The store’s technology uses computer vision, sensor fusion and deep learning to automatically detect when products are taken or returned to the shelves and keep track of them in a virtual cart. Customers grab their items and go, and then their Amazon account is charged with the bill. The store will offer ready-to-go meals, grocery essentials and even locally made food.


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Meet CareSource’s newest c-suite member

Published: Wednesday, March 21, 2018 @ 7:05 AM

            David Goltz CONTRBIUTED

CareSource has added a new executive to its c-suite.

David Goltz is the new chief financial officer for the nonprofit insurer, which manages Medicaid plans.

RELATED: CareSource’s chief executive to retire

CareSource said today in a statement that Goltz has more than 30 years of experience and most recently served as chief financial officer of emerging markets for Health Care Services Corp.

CarSource’s former chief financial officer Tarlton Thomas was recently promoted to chief operating officer, a position held by Bobby Jones who was promoted to president of CareSource’s Georgia market in July.

RELATED: CareSource expanding amid uncertain times for the Affordable Care Act

Goltz holds a degrees from the University of Wisconsin – Oshkosh ad University of St. Thomas.

“David joins CareSource with extensive experience in managing the finances of health care organizations,” stated Pamela Morris, CareSource President and CEO. “We look forward to his leadership as CareSource continues to focus on how we can better serve our members with health and life services.”

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