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Entries posted by scott.prater

Retailers increasingly turn to ‘pop up’ holiday stores

Black Friday, the day after Thanksgiving, earns its moniker for what it typically does for retailer’s ledgers. It’s the date most store owners watch their year’s bottom line turn from red to black. So it only makes sense that a growing number of retailers would ask themselves, why not skip the slow-sales months altogether, open… Continue Reading Retailers increasingly turn to ‘pop up’ holiday stores

Just five seasons ago, the Tigers drew 158,923 fans to the World Arena for an average of 6,622 per game. By last year, that number had dropped to fewer than 135,000, or 6,443 on average. Continue Reading Tigers hope to net fans with price cuts, promotions

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Colorado ranked fourth-best business state

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Colorado ranked No. 4 on Forbes annual list of best states for business for the second consecutive year. Forbes determines its rankings by comparing states in six crucial business categories: costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life. Colorado ranked in the top 10 in four of those categories,… Continue Reading Colorado ranked fourth-best business state

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Passenger volumes declined once again at the Colorado Springs Airport this month, news that’s become all too familiar since the recession began sinking its teeth into the airline business. Continue Reading Slow airport traffic has cabs, hotels feeling pain

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Retail vacancies scarce in Manitou

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Mountain towns that feature multiple attractions, offer an historic feel and border a mid-size city are hard to find. In short, there are few places like Manitou Springs. Retailers are all too aware of that, and so are their landlords. While shopping center owners in Colorado Springs have cursed their balance sheets over the past… Continue Reading Retail vacancies scarce in Manitou

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Cotton prices on the rise, apparel to follow

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Consumers might want to begin stocking up on T-shirts and boxer shorts, because world cotton prices are on the rise. Flooding in Pakistan and China, two of the world’s biggest cotton growers, has created concerns about supplies, sending prices higher. Prices of futures contracts rose 16 percent during August to their highest rate since May… Continue Reading Cotton prices on the rise, apparel to follow

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The U.S. Olympic Committee has entered into a licensing agreement that will introduce its Team USA merchandise into mass-market retailers like Target, Kohl’s and JC Penney for the first time. The move is part of an effort to rebrand the apparel, give it the same high-profile placement as NFL and NASCAR clothing and, the USOC… Continue Reading USOC fashioning itself after pro sports merchandising

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Toys “R” Us ‘pop-up’ stores open in Springs

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Based on the success of an experiment last year, Toys “R” Us plans to open about 600 temporary “pop-up” stores around the nation this holiday season. The toy retailer has already opened two in greater Colorado Springs, at Woodmen Commons Shopping Center and First and Main Town Center during August. Known as Toys “R” Us… Continue Reading Toys “R” Us ‘pop-up’ stores open in Springs

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Goodwill thriving in a bad economy

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Randy and RayAnne Smith did a bit of shopping last weekend. Wearing a gold watch, a sports coat and a Ralph Lauren oxford, Randy perused the men’s section while RayAnne, in a trendy skirt and matching jacket, sorted through ladies’ shoes. The retired small-business owners have shopped for years at places like Neiman Marcus, Nordstrom… Continue Reading Goodwill thriving in a bad economy

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Retailers begin stocking for holiday season

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Retailers appear to be stocking up on merchandise. Import cargo volume at the nation’s major retail container ports is expected to jump 16 percent during September compared to September 2009, according to the National Retail Federation’s Global Port Tracker report. Economists look to cargo volume figures for October, the traditional peak month of the annual shipping… Continue Reading Retailers begin stocking for holiday season

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