RESTAURANTS

Reds-themed restaurant coming to Kings Island

Kings Island will team up with the Cincinnati Reds Hall of Fame and Museum to open a new restaurant at the 364-acre amusement and water park this spring. The “Reds Hall of Fame Grille” is scheduled to open on April 27 in conjunction with the start of Kings Island’s 2013 season. It will employ about 125, a Kings Island spokesman said Thursday.

The full-service restaurant will feature authentic Reds memorabilia, framed jerseys and photos, and other bits of history dating to the 1800s, Kings Island officials said in a news release. Visitors will also be able to watch the Reds games on TV and order, purchase and print tickets to games at Great American Ball Park at a ticket kiosk. STAFF REPORT

RETAIL

Jack’s Pets store coming to Austin Landing

The joint TJ Maxx and HomeGoods store coming to the Austin Landing development will have a locally owned neighbor: Jack’s Pets.

RG Properties, the developer of Austin Landing, this morning announced an agreement that will bring a 5,000-square-foot Jack’s Pets store at Austin Landing this fall.

The new store will open this fall with 12 to 15 employees, and will include a self-service pet wash, part of a relatively new prototype store design that has been used for seven other stores in the Beavercreeek-based pet-shop chain, Scott Brenner, president of Jack’s Pets, said in an RG Properties news release.

The family-owned pet-supplies retailer is “seeing growth on both sides of our business, in our retail stores and in e-commerce” Brenner said in October about the need to expand the company’s distribution center and offices located at 802 N. Orchard Lane in Beavercreek. The company is adding 30,000 square feet to its existing 65,000-square-foot center in a $1 million expansion project.

Another new Jack’s Pets retail shop is scheduled to open this summer in Beavercreek. Jack’s Pets operates 29 retail stores in Ohio, Kentucky and Indiana. MARK FISHER

ECONOMY

Americans regain wealth lost to recession

Surging stock prices and steady home-price increases have finally allowed Americans to regain the $16 trillion in wealth they lost to the Great Recession. The gains are helping support the economy and could lead to further spending and growth.

Household wealth amounted to $66.1 trillion at the end of 2012, the Federal Reserve said Thursday. That was $1.2 trillion more than three months earlier and 98 percent of the pre-recession peak.

Further increases in stock and home prices this year mean that Americans’ net worth has since topped the pre-recession peak of $67.4 trillion, private economists say. Wealth had bottomed at $51.4 trillion in early 2009. ASSOCIATED PRESS