Jimmy Johns, a gourmet sandwich shop with growing national popularity, is slated to slip into a spot at the Chapel Hills Mall this fall.
Construction on the 1,665-square-foot restaurant has started on the mall property near the intersection of Briargate Boulevard and Agora Point, according to a release from the mall’s new ownership, Coyote Management.
Coyote Management [...] [...]
The city’s traditional shopping malls are facing challenges filling retail space.
Anchor tenants are leaving, and vacancies are high. Yet mall managers are trying to put a good face on the matter and insist their vacancy problems are only temporary.
The city’s two traditional, shopping malls, The Citadel and Chapel Hills malls, won’t offer statistics about their [...] [...]
The owner of Chapel Hills Mall emerged from bankruptcy yesterday.
General Growth Properties will now decide the fate of the Colorado Springs mall and 12 other “underperforming” centers later this week.
“It’s business as usual here,” said Chapel Hills Mall general manager Dave Moss. “There has been no impact to our operations right now.”
But changes are likely ahead.
Bankruptcy court [...] [...]
Imagine you’re planning some last-minute holiday shopping at the mall for video games, chocolates and a golf club.
As soon as you pass through the mall’s doors, your phone alerts you: Six stores in the mall carry video games and golf clubs are on sale.
How cool is that?
But, wait. Your phone also provides a map to [...] [...]
The Citadel and Chapel Hills malls have been buffeted by a shopping bag full of changes since the recession and even before.
The loss of tenants large and small, trips to bankruptcy court by parent companies, new management and new competitors have all combined to make life for the malls tumultuous.
How can they expect to survive, [...] [...]
Shopping mall owner General Growth Properties Inc., parent of Chapel Hills Mall in Colorado Springs, said it is getting a $500 million infusion from a Texas teachers’ pension fund to help it emerge from bankruptcy.
The Chicago developer said The Teacher Retirement System of Texas will receive shares priced at $10.25 each in the reorganized company [...] [...]
After arriving back in Colorado Springs during 2008, Jennifer Knight kept herself busy as sort of a freelance marketing consultant.
She met contractors around town and at home shows where she offered them traditional marketing services. She designed Web sites and built logo designs.
Around that time she remembers hearing a few of her clients talk about [...] [...]
Macy’s has announced it is closing five of its stores as part of an ongoing process to prune underperforming stores while also opening new locations in promising markets.
The company, which operates 809 Macy’s and 40 Bloomingdales stores nationwide, will close Macy’s locations in Boise, Idaho; Waterford Mich.; St. Ann, Mo.; Missoula, Mont. and Burlington, N.J.
“We [...] [...]
General Growth Properties, a publicly traded real estate investment trust that owns and operates Chapel Hills Mall, is accelerating its plan to emerge from bankruptcy protection by forging agreements with lenders on about $9.7 billion in outstanding mortgage loans.
Chapel Hills Mall General Manager David Moss said the move is a precursor to the company’s general [...] [...]
NEW YORK (AP) – Shoppers, worried about job security and finding fewer options among the sales bins, remained tight-fisted during July, resulting in sluggish sales for many merchants and raising concern about the back-to-school shopping season’s health.
As merchants reported their sales figures today, mall-based chains continue to be hit hardest as consumers focus on necessities. Among [...] [...]