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NRF predicts modest sales growth in 2013

Retail industry sales will increase 3.4 percent in 2013, according to the National Retail Federation’s economic forecast. That’s less than the 4.2 percent increase seen in 2012, but the subdued forecast comes on the heels of a holiday season that had to compete with political wranging about the fiscal cliff. In the end, holiday sales… Continue Reading NRF predicts modest sales growth in 2013

Colo. restaurants poised for strong 2013

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Colorado restaurants are expected to have stronger sales in 2013 than last year, data released by the National Restaurant Association shows. Colorado also is expected to outpace the national average in disposable income, employment and population growth, said Peter Meersman, Colorado Restaurant Association President and CEO. “Disposable income is expected to advance 2.5 percent in… Continue Reading Colo. restaurants poised for strong 2013

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Early season sales point to brisk ski season

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Pre-season snow sports sales increased 2 percent in equipment sold and 1 percent in dollars spent at more than 1,200 snow sports retailers nationwide. So far this fall, consumers purchased $307 million in snow and ski equipment. And it isn’t hope of heavy snow falls and bluebird powder days leading the sales increase. Instead, analysts… Continue Reading Early season sales point to brisk ski season

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Foreclosure auction sales fell in Colorado Springs and dropped to a six-year low statewide. There were 25.2 percent fewer foreclosure sales at auction in El Paso County in July 2012 than in July 2011, according to a report from the Colorado Division of Housing. That drop was in line with state figures, where foreclosure auction… Continue Reading Report: Colorado foreclosure sales fall to 6-year low

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  General Motors Co. said its U.S. sales rose 16 percent in June on solid demand for small and midsize cars.   Sales of the Chevrolet Volt electric car more than tripled over June 2011, to more than 1,700. GM also saw double-digit sales increases for the Chevrolet Malibu and Buick LaCrosse midsize cars.  … Continue Reading General Motors’ US sales up 16 pct in June

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Sales of Jeep Grand Cherokee and Dodge Durango SUVs are so strong that their factory will stay open through the normal two-week summer shutdown. Automakers typically close plants around the July 4 holiday to update cars and trucks for the new model year and maintain the machinery. But the Jefferson North factory in Detroit that… Continue Reading Strong Grand Cherokee sales keep factory humming

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Recent commercial office space sales should spur lower vacancy rates and rising lease rates, according to reports from Cushman & Wakefield Colorado Springs Commercial, a realty group. Continue Reading Report: Commercial real estate trading hands, vacancy rates still high

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Taco Bell has put the sizzle back in its U.S. sales after a nearly yearlong slump stemming from a short-lived lawsuit that created a stir. The Mexican-style chain saw its revenue at U.S. restaurants open at least a year rise 6 percent in the first quarter. And its parent company, Yum Brands Inc., is predicting… Continue Reading Doritos tacos put sizzle in Taco Bell’s US sales

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Colorado new car sales finish year strong

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Colorado car and truck dealers are encouraged after new car and light truck registrations in Colorado finished 2011 with strong sales. A report by the Colorado Automobile Dealers Association said Monday people went on a holiday spree in December, with registrations up 25 percent over the previous year. Dealers say 2011 registrations were up more… Continue Reading Colorado new car sales finish year strong

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Holiday discounts crimp retailers’ profits

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Many retailers delivered solid sales gains for December, but heavy discounts needed to get shoppers to buy exacted a high price, clouding the holiday shopping season. Merchants had to mark down coats and other gifts to get shoppers to buy in a challenging economy. A mild start to winter also didn’t help, wilting shoppers’ appetite… Continue Reading Holiday discounts crimp retailers’ profits

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