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Business Briefs-March 22

Published: March 22, 2017 1:00 AM

Seniors facility in

the city honored

Independence Village of Aurora has been selected as one of the 2017 "Best of Assisted Living" award winners on SeniorAdvisor.com, the largest rating / review site for senior care and services in North America.

The list represents the best of the best of in-home care, assisted living and other senior living providers, based on online reviews written by seniors and their families. This exclusive designation honors the top 1 percent of senior care providers across the country.

Independence Village of Aurora regularly receives highly positive reviews from their families like this one:

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"My mother has really made an easy transition into this community with the help of all the residents and the staff. The residents have made sure to invite her into their social events and really make her feel welcome in her new living environment. The staff has also done a great job at checking on her often to make sure she is comfortable and her needs are being met in her new living environment.

"The entire building, including the lobby and bedrooms, are very well-maintained and kept clean for the residents. We could not have found a better fit for my mother and we are very pleased with our choice of this facility."To qualify for inclusion in the Best of 2017 awards, providers must have maintained an average overall rating of at least 4.5 stars while receiving three or more new reviews in 2016. Additional details and a complete list of the award winners can be found on SeniorAdvisor.com.

 

Gordmans stores

seek bankruptcy

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Department store operator Gordmans said last week it has filed for Chapter 11 bankruptcy protection and plans to liquidate the inventory of its 106 discount stores.

A Gordmans store opened a couple of years ago in the Marketplace at Four Corners shopping center in Bainbridge Township, just up Route 43 from Aurora. There also are Northeast Ohio stores in Mentor and Parma.

Nebraska-based Gordmans had been working to reduce its expenses over the past several months and laid off an undisclosed number of workers at its headquarters in January because of what it called the "sluggish retail environment."

Gordmans posted losses in five of its last six quarters. In the most recent quarter it reported a 9.4 percent drop in same-store sales last year.

The company estimated its debts total between $100 million and $500 million. The firm was bought in 2008 by private equity firm Sun Capital Partners.

Gordmans employs more than 5,000 people at its stores in 22 states in the Midwest. It did not give a time frame for the liquidation sale.

-- The Associated Press

 

Jones firm given

top marks again

Financial services firm Edward Jones ranked No. 10 on Fortune magazine's "100 Best Companies to Work For 2016" list in its 17th appearance on the prestigious list, according to Laura Radcliff and Brady Krebs, the Edward Jones financial advisors in Aurora.

In the Fortune survey of associates, for which the ranking is predominantly based, 94 percent of Edward Jones associates said they have pride in the work they do. And 95 percent of associates say that overall, Edward Jones is a great place to work.

Edward Jones' 17 Fortune rankings also include top 10 finishes for 13 years, top five rankings for six years and consecutive No. 1 rankings in 2002 and 2003. Last year, the firm ranked No. 6 overall.

The full list and related stories appear in the March 15 issue of Fortune magazine and at www.fortune.com/best-companies.

In addition to this most recent Fortune honor, Edward Jones was named a great place to work for women and for millennials by the Great Place to Work.

"This positive feedback is a tremendous vote of confidence in our success at creating a place to work where we are motivated by our desire to make a meaningful difference to our clients and where we recognize our success is the result of our individual contributions," said Edward Jones managing partner Jim Weddle.

 

Chevy leads Ford

in new auto sales

The Greater Cleveland Automobile Dealers Association reported recently that Chevrolet outsold Ford for the second month in a row in a 21-county region of Northern Ohio.

Overall new vehicle sales were up slightly in February compared to the same month a year ago. The association said 16,213 new cars, light trucks and SUVs were sold in February, up from 16,128 a year ago. Truck and SUV sales are up more than 42 percent for the year.

The market in February was basically flat when comparing this year to last," said Louis A. Vitantonio, association president. "However, we continue to see almost explosive growth in truck and SUV sales.

"It's obviously a trend that is being driven by moderate fuel prices, but crossovers and SUVs also offer increased functionality. Crossovers and smaller SUVs are also a lot easier to handle today than they ever were in the past."

Chevrolet sold 2,888 new cars and trucks in February. Ford sold 2,717 in the month. For the year to date, Chevrolet has a 291 new vehicle lead over Ford.

Honda sold 1,260 new vehicles in the month to beat out its offshore rival Toyota, the latter selling 1,143 new vehicles. That figure kept Toyota just 10 vehicles ahead of Jeep for fourth place, which rang up a sales increase of 12.18 percent when comparing February of 2017 toFebruary of 2016.


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