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Retail a mixed bag across region

Retail a mixed bag across region

Jerry Rutledge will greet you with a warm handshake and a smile. The downtown retailer has reason to be happy. His men’s apparel shop, Rutledge’s, has been on Tejon Street (first at the corner of Tejon and Pikes Peak Avenue, more recently at the corner of Tejon and Kiowa streets) for nearly a half-century, and… Continue Reading Retail a mixed bag across region

Staying focused on two zones

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Listen to leaders talk about the keys to revitalizing Colorado Springs, and you’ll hear several recurring responses. Mayor Steve Bach talked about three specific “drivers” this week at his monthly briefing. One is the airport’s commercial zone, being cultivated to appeal to possible manufacturing companies. Next is the future evolution surrounding University of Colorado Health… Continue Reading Staying focused on two zones

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Survey: Shoppers heading to Powers, Chapel Hills

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The big retail winners this holiday season could be the Chapel Hills Mall and the Powers Boulevard corridor, said a recent University of Colorado at Colorado Springs’ College of Business and Administration shopper survey. About half the people surveyed plan to shop at either location, with about a third choosing to do most of their shopping… Continue Reading Survey: Shoppers heading to Powers, Chapel Hills

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Even as cash-strapped national and anchor tenants exit regional malls, sales at The Citadel mall – challenged by Macy’s and Steve & Barry’s recent closures – remain remarkably consistent. During its 37-year history, the 1.1 million square foot retail hub on 47.7 acres has catered to about 500,000 shoppers annually, and so far those numbers… Continue Reading Despite economy, The Citadel mall remains a retail stronghold

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The CoStar Group, a commercial real estate marketing and information company, painted a bleak picture for enclosed malls in its first quarter 2009 National Retail Market Report. “Several mall landlords have seen their properties go into receivership, while others suffer from high vacancy resulting from department stores and key junior anchor stores going dark, starting… Continue Reading Citadel stores weathering the economic storm

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