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Retail data: September sales edge up

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Americans kept spending carefully last month, buying electronics and back-to-school clothes but holding back on luxuries. Erratic weather and tepid economic news dampened sales, according to data released Wednesday by MasterCard Advisors’ SpendingPulse, which includes transactions in all forms including cash. But pockets of growth during the five weeks between Aug. 29 and Oct. 2… Continue Reading Retail data: September sales edge up

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Retail vacancies scarce in Manitou

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Mountain towns that feature multiple attractions, offer an historic feel and border a mid-size city are hard to find. In short, there are few places like Manitou Springs. Retailers are all too aware of that, and so are their landlords. While shopping center owners in Colorado Springs have cursed their balance sheets over the past… Continue Reading Retail vacancies scarce in Manitou

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August retail sales up 0.4%, best in 5 months

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Retail sales rose in August by the largest amount in five months, adding to evidence that a late spring economic swoon was temporary and not the start of another recession. Retail sales rose 0.4 percent last month, the best advance since March, the Commerce Department said Tuesday. Excluding a big decline in autos, retail sales… Continue Reading August retail sales up 0.4%, best in 5 months

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Toys “R” Us ‘pop-up’ stores open in Springs

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Based on the success of an experiment last year, Toys “R” Us plans to open about 600 temporary “pop-up” stores around the nation this holiday season. The toy retailer has already opened two in greater Colorado Springs, at Woodmen Commons Shopping Center and First and Main Town Center during August. Known as Toys “R” Us… Continue Reading Toys “R” Us ‘pop-up’ stores open in Springs

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Goodwill thriving in a bad economy

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Randy and RayAnne Smith did a bit of shopping last weekend. Wearing a gold watch, a sports coat and a Ralph Lauren oxford, Randy perused the men’s section while RayAnne, in a trendy skirt and matching jacket, sorted through ladies’ shoes. The retired small-business owners have shopped for years at places like Neiman Marcus, Nordstrom… Continue Reading Goodwill thriving in a bad economy

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Retailers begin stocking for holiday season

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Retailers appear to be stocking up on merchandise. Import cargo volume at the nation’s major retail container ports is expected to jump 16 percent during September compared to September 2009, according to the National Retail Federation’s Global Port Tracker report. Economists look to cargo volume figures for October, the traditional peak month of the annual shipping… Continue Reading Retailers begin stocking for holiday season

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Consumer confidence inches up in August

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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… Continue Reading Consumer confidence inches up in August

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Consumers continue cautious behavior

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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,… Continue Reading Consumers continue cautious behavior

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Another hurdle for Copper Ridge

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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… Continue Reading Another hurdle for Copper Ridge

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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… Continue Reading Back to school spending to reach $55 billion

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