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Business News Staff
BUSINESS REPORTING
Dayton Daily News

 
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Home-furnishing retailer Roberds Inc. shocked the Dayton community in May 2000, announcing plans to close 15 stores in Ohio, Indiana and Georgia and to eliminate 1,300 jobs.

The announcement came four months after the retail chain sought bankruptcy protection and closed stores in Cincinnati and Tampa.

Throughout its reorganization, executives maintained that the company would emerge from bankruptcy protection within 90 days. It was a position that company officials maintained even after an abrupt cancellation of Roberds' May 1 annual meeting.

The Dayton Daily News mobilized reporters from the business, metro and features desks to cover the story. The paper wrote not only about the nuts and bolts of the closure, but also its effects on consumers, employees and the city's tax base.

The package included informative timelines and compelling pictures. All of it was coordinated, reported and written in a matter of hours for the May 3 morning newspaper.

 


2001 © Cox Newspapers
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Judges' Comments
"The Daily News rose to great heights in the quality of its report. It hit all the important bases -- shoppers, employers, impact upon the regional economy. This debunks the stereotype of boring business stories."