Americans’ confidence in the economy improved slightly in August, but the mood is still gloomy amid job worries, according to a monthly survey.
The Conference Board said Tuesday that its Consumer Confidence Index improved slightly to 53.5, up from a revised 51.0 in July. Economists surveyed by Thomson Reuters had expected 50.5. The improvement comes after [...] [...]
Consumers continue to behave cautiously when it comes to spending - even on necessities - with more saying they’ve held out for promotions and discounts when shopping for school supplies.
A National Retail Federation report indicated 17 percent of families with school-age children said 100 percent of their purchases were influenced by bargains and coupons, up [...] [...]
The Colorado Springs City Council gave the Copper Ridge project a green light this spring but the proposed 2.8-milion square foot retail project faces what could be a big roadblock before the El Paso County Commission.
Developer Gary Erickson plans to ask the commissioners to grant a sales tax waiver for the project, mostly to help [...] [...]
Back to school spending is expected to reach $55.12 billion, making it the second biggest consumer spending event for retailers behind the winter holidays.
Spending is expected to increase slightly from 2009 and 2008 levels, according to the National Retail Federation.
But the economy still will play a role - more parents will buy more store-brand or [...] [...]
Retail sales fell in June for the second straight month, more evidence that the U.S. economic recovery will slow in the second half of the year.
Spending on retail goods dropped 0.5 percent in June, the Commerce Department reported Wednesday. That followed a 1.1 percent fall in May. Excluding autos, spending was down 0.1 percent in [...] [...]
A national spice company with three stores in the Denver area is leasing two spaces in Colorado Springs.
Penzeys Spices is leasing space at 2010 Southgate Road and remodeling it at a cost of $75,0000./ he company is also planning a remodel at 7431 N. Academy Blvd., in the Falcon Landing retail development.
Penzeys has 46 locations [...] [...]
Stock futures are falling after an unexpected drop in retail sales again calls into question the pace of a domestic economic recovery.
The Commerce Department says retail sales fell 1.2 percent in May. Economists had forecast sales would rise 0.4 percent last month.
The disappointing report Friday comes after stocks surged a day earlier on upbeat global [...] [...]
by Becky Hurley Published: June 5,2010
Tags: Retail
It may be extreme makeover time for many of the region’s long-established retail centers.
Older strip and larger malls that fall into disrepair are struggling to compete against the sparkling new centers that popped up in growing parts of town before the recession.
In a report on first-quarter activity in the retail sector, Sierra Commercial Real Estate [...] [...]
Retail sales rose in April for the seventh straight month, offering hope that consumer spending will keep supporting the economy in the months ahead.
The Commerce Department said Friday that retail sales rose 0.4 percent last month, better than the 0.2 percent increase economists had expected. The gain was less than the the 2.1 percent growth [...] [...]
The owner of a prime piece of retail space at the corner of Tejon Street and Platte Avenue is planning to split the 6,400-square-foot bi-level space into two units in hopes of drawing from a larger pool of potential tenants.
Julie Phillips at Fountain Colony Co., the leasing agent for Acacia LLC, said the site had [...] [...]
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