Council to get direction about retail marijuana
Colorado Springs City Council will start work on regulations needed for the retail marijuana industry at a work session Monday, May 13. City Attorney Kyle Sauer will brief the city council on state legislation regarding retail marijuana licensing and regulation. Council will give the city staff direction for a public process to evaluate options to [...]
Retail industry sales will increase 3.4 percent in 2013, according to the National Retail Federation’s economic forecast. That’s less than the 4.2 percent increase seen in 2012, but the subdued forecast comes on the heels of a holiday season that had to compete with political wranging about the fiscal cliff. In the end, holiday sales [...]
Continue reading …Retail sales ticked down slightly in October as consumers halted discretionary spending in the face of inclement weather and uncertainty in Washington. October retail sales – excluding automobiles, gas stations and restaurants – decreased .3 percent seasonally adjusted from September, but increased 3.9 percent from October 2011. “While Hurricane Sandy certainly impacted consumer spending in [...]
Continue reading …Propelled by solid sales in clothing and electronics, retails sales in September provided a promising preview to the holiday shopping season, according to the National Retail Federation. September retail sales increased .4 percent from August and 2.1 percent from last year’s September sales. “In spite of the uncertainty and unease surrounding our nation’s high unemployment [...]
Continue reading …Oil prices slipped about 1 percent to $82.55 Wednesday after weak retail sales showed continued weakness in the U.S. economy. If consumers aren’t shopping, they aren’t likely to be driving. The Commerce Department said Wednesday retail spending slipped 0.2 percent in May, following an identical decline in April. That’s a sign consumers are [...]
Continue reading …Thanks to an earlier Easter holiday and unseasonably warm weather, retailers in March saw solid sales growth, according to figures from the National Retail Federation.
Continue reading …The start of the crucial holiday shopping season in November helped fuel the sixth straight monthly increase in retail sales. Gift-buying Americans spent more on clothing and electronics, and sales of autos and furniture also rose. Still, the overall gain was the smallest since June. Consumers pulled back on some purchases unrelated to holiday shopping, [...]
Continue reading …One word describes retail sales in August: lackluster. Despite back-to-school sales events, retail sales only increased .1 percent from July. But compared with last August, sales were up 6 percent, said the National Retail Federation, an industry group. “Consumer spending in August was tempered by a continued lack of confidence in the strength of our [...]
Continue reading …U.S. shoppers pushed retail sales up for a seventh straight month although the increase was the weakest since June. Retail sales increased 0.3 percent last month to $318.6 billion, the Commerce Department said Tuesday. Demand rose at department stores, electronic stores and auto dealerships. Sales are up more than 14 percent from the recession low [...]
Continue reading …After a ho-hum 2009 and a disastrous 2008, holiday retail sales are expected to increase 2.3 percent this year to $447.1 billion, the National Retail Federation reports. While that growth remains slightly lower than the 10-year average holiday sales increase of 2.5 percent, it would be a marked improvement from both last year’s 0.4 percent [...]
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