If you’re a retailer, and you’ve got news about how your business helps shoppers, job seekers or the community at large, the National Retail Federation wants to hear – and see – your story. The organization is holding a video contest that aims to highlight the importance of retail to the U.S. economy and demonstrate [...]
Continue reading …Thieves disguised as employees steal more from retailers than do thieves disguised as shoppers. Employee theft accounts for 44.1 percent of retail theft in North America, while customer theft — including shoplifting and organized retail crime — is responsible for 43.2 percent. In 2011, employees pilfered about $45.3 billion, the report says. The highest average theft rates [...]
Continue reading …Colorado will lose three stores when Sears and Kmart close 120 stores nationwide early next year, and none of them are in Colorado Springs. The Sears is in Longmont and the company plans to close Kmarts in Broomfield and Glenwood Springs. Nationally, Florida will be hit the hardest by the closing of Sears and Kmart [...]
Continue reading …Sears Holdings announced today that it plans to close 100 to 120 Kmart and Sears stores nationally, but it’s unknown whether Colorado Springs locations are on the list. Local store managers did not return calls for comment. Sears has a store in the Chapel Hills Mall at 1650 Briargate Blvd. and a stand-alone location in [...]
Continue reading …Two businesses are opening this month under the Colorado Avenue bridge at 109 S. Sierra Madre St. Mary Beth Cipoletti is opening Auction House 109 in the the former location of Ross Auction, which moved seven blocks down the street about a year ago. Auction House 109 will also include a high-end consignment shop, called Little [...]
Continue reading …Thanks to Wal-Mart and nonprofits, the commercial real estate outlook is a little rosier for 2012. Although office vacancies remained unchanged this year, retail and industrial vacancies dropped some, according to Sierra Commercial Real Estate. Throughout the city, office vacancies are about 17 percent – but that number trends higher in the northern area of [...]
Continue reading …A downtown shop owner has decided to close her doors once and for all. Jeanne Galvin closed her Mt. Tejon shop downtown in the early spring and reopened in the same location before the start of the summer season as Tillie & Toad. Her clothing and consignment business didn’t catch on the way she wanted. [...]
Continue reading …Black Friday and weekend holiday sales were strong throughout the country and Colorado Springs was no exception. Traffic was heavy at the city’s shopping malls, and several stores reported higher sales this year than last. Independent shops also saw a surge of activity. Retailers cited several factors they believe created improvements. A strengthening economy, earlier [...]
Continue reading …Federal authorities have seized the domain names of 150 websites accused of selling counterfeit or pirated merchandise. The seizures were announced on “Cyber Monday,” the day that for many shoppers kicks off the online holiday shopping season. Officials from Immigration and Customs Enforcement, along with the FBI, led the investigation. ICE officials said the websites, [...]
Continue reading …The National Retail Federation this week released its list of retailers with the best customer service rankings. Rankings are based on results of consumers who were surveyed Sept. 6-14. The top 10, in alphabetical order are: – Amazon.com – JCPenney – Kohl’s Department Stores – Lands’ End – L.L.Bean – Newegg – Nordstrom – Overstock.com [...]
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