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Liquor stores: small-retail model

Liquor stores: small-retail model

Seventy years ago, small retailers dominated most markets in Colorado Springs. Food was distributed through scores of small independent grocery stores, each serving its immediate neighborhood. Small hardware stores sold everything from sledgehammers to staples from storefronts in downtown Colorado Springs, Old Colorado City and Manitou Springs. Wholesalers supplied shoes, men’s clothing, sporting goods, books, [...]

NRF blames politicians for fragile economy

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NRF blames politicians for fragile economy

January retail sales, which rose only 0.3 percent show consumer confidence is barely rising from the gutter.  Consumers are bogged down in payroll taxes and rise in gasoline and energy prices, say National Retail Federation executives, who blame politicians. “Today’s retail sales figures continue to indicate a stable yet fragile economy,” NRF President and CEO Matthew Shay [...]

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Americans still spending on some luxury items

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Americans still spending on some luxury items

Americans are still buying some luxury items, according to a recent survey from BIGinsight.com. While they’ve tightened their wallets on some splurges like maid service and high-end jewelry, they’re not giving up their electronics, on-demand television or Internet service. “Economic ups and downs have an irrefutable impact on Americans’ spending habits that extends well beyond [...]

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Retailers hopeful despite tight spending forecast

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As retailers enter the final stretch of the holiday shopping season, they’re hoping shoppers will open wide their pocketbooks, despite lackluster spending predictions. Overall holiday sales are expected to increase, though shopper sentiment is still on a downward trend. Consumer confidence fell in December to a five-month low, according to a Dec. 21 report from Reuters/University [...]

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Amendment 64 is now officially state law, allowing adults to grow up to six plants at home and possess small amounts of marijuana without fear of state criminal prosecution. But that’s about the only clear conclusion from the news earlier this week that Gov. John Hickenlooper certified the Nov. 6 election results. It’s not clear [...]

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Downtown retailers have high hopes for Wednesday’s  Holiday Stroll and are making bold predictions about record-breaking shopping crowds. The event, which runs from 5 to 8 p.m., is designed to lure shoppers into the Tejon Street restaurant and retail district, bordered roughly by Colorado and Platte avenues.  Retailers hand out coupons, and some partner with [...]

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While consumers spent the holiday weekend – and some of their work hours Monday – ordering packages via the Internet, the United States Postal Service is gearing up to deliver a record amount of purchases. Cyber Monday is the first workday following the Thanksgiving holiday and traditionally is the biggest online spending day of the [...]

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Jussi and Shannon Saramaa created the Collection M jewelry line, which features high-end, fresh-water pearls from Scandanavia.
But until Koru and Company popped up at 224 N. Tejon St., they hadn’t found an opportunity to sell their jewelry locally.

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Small Biz Saturday promotes local shopping

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More than 100 Colorado Springs retailers will officially participate in Small Business Saturday on Nov. 24, according to the American Express website. Others who don’t accept American Express will likely take part as well. The event, designed to promote small local businesses during the start of the important holiday shopping season when events like Black [...]

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Maxx HD signs new licensing agreement

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Maxx HD Sunglasses has signed a licensing agreement with Licensing Resource Group, a trademark management company. Licensing Resource Group provides license-management services to more than 180 colleges and universities, athletic conferences and special properties nationwide. MaxxHD will develop a line of sunglasses with matching school colors and insignias for licensed colleges and universities. “We have [...]

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