Target and Limited Brands helped September retail sales beat analysts' estimates as promotions drove consumers to increase purchases amid concerns the economic recovery may stall.
Revenue at Target, the second-largest U.S. discounter, climbed 5.3 percent, surpassing the average projection for a 3.9 percent gain from analysts surveyed by Retail Metrics Inc. Limited Brands, owner of the Victoria's Secret chain, posted an 11 percent increase in same-store sales, beating the 4.9 percent average estimate.
Retailers offering discounts and promotions helped lure shoppers and allay concerns that the global economy may slide into another recession. September's results may bode well for the holiday shopping season that begins in November, said Ken Perkins, president of Retail Metrics.
HUBzone training: A HUBzone certification training will be held from 1- 3 p.m. on Oct. 26 in the second floor conference room 2 at the Defiance County East Building, 1300 E. Second St. Among the topics to be covered during the training are: how to qualify for HUBzone certification, types of contracts assistance, set-aside awards, advantages, sole source awards, awards through full and open competition, documentation required for certification and the registration process.Limited seating is available for the training. To reserve a spot call 419-782-6270 or email firstname.lastname@example.org.
Achievements honored: The Ohio Association of REALTORS (OAR) has awarded Donna Baldwin and Susan Hale the President's Sales Club award of achievement and Matthew Joost the award of distinction designation.
OAR officially awarded 1,650 of its members the President's Sales Club designation in four recognition levels for outstanding sales performance in the real estate industry. Honorees were recognized during OAR's 101st annual convention in Columbus. The award criteria for the award of achievement is $1 million in sales or commercial leases or 25 sale/lease transaction credits. The criteria for the award of distinction is $2.5 million in sales or commercial leases or 50 sale/lease transaction credits.
Raising awareness: Joseph Schroeder of Schroeder, Bankemeyer and Schroeder in Ottawa has joined his colleagues at WealthCounsel, a nationally recognized estate planning organization in a public relations campaign to showcase National Estate Planning Awareness Week on Oct. 17-23.
Lead JobsOhio regionally: The Regional Growth Partnership has announced the hiring of three local professionals to help lead the new JobsOhio program in the region. Gary Thompson, Todd Dickerson and Lisa Wagner were hired for their solid track records in business development and project management.
Thompson will service as director of the northwest Ohio region for JobsOhio, coordinating activities between the state and 19 counties representing this region. Dickerson will be director of attraction services for JobsOhio and will be responsible for developing a focused strategy to attract new business in the core economic clusters for northwest Ohio. Wagner will service as regional project manager for JobsOhio, managing project financing and state incentive programs for relevant projects throughout the northwest Ohio region.