by Scott Prater Published: March 13,2010
Tags: Colorado Mountain Brewery, Retail
Colorado Springs’ north side residents are getting a new micro brewery restaurant, and a small group of former Air Force Academy cadets is bringing it to them. Colorado Mountain Brewery, a 6,500 square foot micro brewery and restaurant is scheduled to open near Interstate 25 and Interquest Parkway by the end of June. Scott Koons, a 1993 [...] [...]
As the unemployment rate increased last year, retail analysts predicted that more men would buy new neckties to dress up their old suits. But the opposite happened, according to marketing research firm NPD. Suit sales in the U.S. rebounded to end 2009 virtually unchanged from a year earlier, an improvement after years of decline. The tie industry, on the [...] [...]
Here’s a unique retail situation. Kelli Holt, a former retail store manager turned insurance agent, will lease a 1,480-foot space in the Falcon Landing Shopping Center near Academy Boulevard and Woodmen Road. She’ll make her monthly lease payment — just like most other retailers — but her store will only be open for four days [...] [...]
by Scott Prater Published: January 8,2010
Tags: Look ahead 2010, Retail
Local players expect more of the same for Colorado Springs retailers in 2010. During 2009, retailers locally and nationally cut inventories, hinged their year on the all-important holiday season and took advantage of better leasing terms to either move to more desirable spaces or expand their operations as means to reposition themselves for an imminent recovery. The [...] [...]
by Scott Prater Published: January 8,2010
Tags: Big Burrito, Retail
The independent owner of a successful string of Phoenix area restaurants has decided to expand to Colorado Springs. Miguel Quintero opened his first Big Burrito restaurant in the Phoenix area during 1999. He expanded the operation to two locations in 2003 and in the years since has opened five more Big Burritos, four in Phoenix and one [...] [...]
by Scott Prater Published: January 7,2010
Tags: Chapel Hills Mall, Macy's, Retail
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 [...] [...]
by Scott Prater Published: December 31,2009
Tags: Look back 2009, recesion, Retail
As we entered 2009, retailers had cause for worry. In the midst of the worst recession in decades, skyrocketing unemployment and a tight credit market forced consumers into save mode. Massive store closings hit the news in force and Colorado Springs was no exception as major anchor Macy’s shuttered its 105-employee outlet at The Citadel mall [...] [...]
by Associated Press Published: December 28,2009
Tags: Retail
NEW YORK (AP) - Better holiday sales and rising commodities prices pushed stocks to new 2009 highs. Major indexes edged higher in midday trading today after data showed shoppers spent more freely this holiday season, a good sign that consumers are feeling better about the economy. Figures from MasterCard Advisors’ SpendingPulse, which track all forms of payment, [...] [...]
by Scott Prater Published: December 4,2009
Tags: Gymboree, Retail, Shops at Briargate
When Jackie Lesh moved to Colorado Springs two years ago, she was looking for a career that would allow her to spend a lot of time with her family. As a former teacher at a Gymboree Play and Music gym in the Los Angeles area, Lesh considered jumping into the teaching arena again. She enrolled her [...] [...]
by Becky Hurley Published: December 4,2009
Tags: Real Estate, Retail
This week, the International Council of Shopping Centers sponsored its annual Denver Retail Runway at the downtown J.W. Marriott hotel. The event is considered “unique,” said ICSC spokesman Jesse Tron. “We do other kinds of ‘alliance’ programs and NexGen programs in other parts of the country, but this is a specific opportunity for brokers, developers and [...] [...]
