Several new retailers will add store locations in the Miami Valley in 2017, which could be a local indication that retail sales will increase this year.
The National Retail Federation released its economic forecast for 2017, projecting that retail industry sales will grow between 3.7 and 4.2 percent compared to 2016. Online and other non-store sales, which are included in the overall number, are expected to increase between 8 and 12 percent.
Here are five retailers making their way to the Miami Valley in 2017:
Elder-Beerman will be opening four new in-store “Close to Home” shops in Dayton that will feature products from local makers and artists. The initiative launched in 45 stores in 2016, and will expand to Elder-Beerman locations at the Dayton Mall, Kettering Towne Center, Northpark Center in Huber Heights and the Mall at Fairfield Commons in Beavercreek in March.
These retailers are coming to the area. What store are you most excited about? https://t.co/WByvtzfyAa— Kara Driscoll (@KaraDriscollCox) February 8, 2017
Retail chain Bargain Hunt will add a new location in Miami Twp., but the opening date has been pushed back to later this year. The store will open in late March, according to a company spokeswoman.
Dayton native Michael Ford has signed a lease for space on the Dayton Mall’s second floor near JC Penney and will open a second location of The Selfmade Store on Feb. 18.
A fast-casual Mediterranean-style restaurant and a jewelry store are set to open at The Mall at Fairfield Commons in Beavercreek.
IKEA, the world’s largest furniture retailer, is looking to hire 250 employees for its new location in Columbus. The Swedish retailer announced plans to hire employees for its future Columbus store opening in the summer at the northeastern corner of Interstate-71 and Gemini Place in the Polaris Center of Commerce.
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