Archives » Retail

Stimulus checks give retailers a bump

The Associated Press
Consumers stepped up their shopping in May after tax rebate checks hit mailboxes, giving many of the nation’s retailers stronger than expected sales for the month.
Still, there were signs that many people are still focusing on necessities such as food and gas.
Discount and lower-priced stores such as Costco Wholesale […]

Read: Stimulus checks give retailers a bump

Consumers give stores some relief but still spend cautiously

The Associated Press
NEW YORK– Consumers gave some of the nation’s retailers a little relief in April after months of dismal sales, gravitating toward less expensive discounters and wholesale clubs but generally still shying away from stores selling clothes and other non-necessities.
Monthly sales reports issued today were better than expected, but still […]

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Dept. of Revenue seizes Cold Stone Creamery

The on-site assets of Cold Stone Creamery, in the Southgate Center at 2130 Southgate Road, have been seized by The Colorado Department of Revenue for non-payment of taxes.
The assets will be sold at public auction at 10 a.m. April 28.
The store is owned by Pittman Investments. According to information posted […]

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Easter spending to hit $14 billion

With Easter falling on March 23, Americans will celebrate the earliest Easter since 1913.
According to the National Retail Federation’s 2008 Easter Consumer Intentions and Actions Survey, consumers are expected to spend a total of $14.44 billion on Easter food, apparel, gifts, flowers, decorations and candy.
The average consumer will shell out […]

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Retail sales still bleak in February

The Associated Press
WASHINGTON _ Consumers, battered by plunging home prices and a credit crunch, stayed away from the malls in February, pushing retail sales down by a larger-than-expected amount. It was another worrisome sign that the country could be falling into a recession.
The Commerce Department reported Thursday that retail […]

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Talbot’s to stay, Sharper Image to go

The Promenade Shops at Briargate received some good news and some bad news so far this year.
Talbot’s, an upscale women’s clothing store, has decided to close 78 men’s and children’s stores, but the Colorado Springs outlet will remain open.
The Sharper Image, on the other hand, has fallen victim to bankruptcy reorganization […]

Read: Talbot’s to stay, Sharper Image to go

Easter threatens St. Paddy’s Day spending

For the first time since 1940, St. Patrick’s Day falls during Holy Week, the seven days before Easter that many religious Americans consider to be sacred.
The holiday collision is likely to hamper spending.
“Retailers and restaurants that benefit from the St. Patrick’s Day holiday are up against a double whammy of […]

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Beware of health and beauty products on auction Web sites

The National Retail Federation is alerting online customers to be careful when purchasing common household items through online auction sites.
The cosmetics, health and beauty products could be stolen or possibly tainted, the retail industry nonprofit said.
Well-known products found in health and personal care aisles nationwide are being targeted by organized retail […]

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Retail still unsteady in January

The Associated Press
NEW YORK – The nation’s retailers delivered more evidence of a stumbling economy, as merchants including Wal-Mart Stores Inc. reported weak January results, extending a malaise that has deepened since the holiday shopping season. The disappointing sales figures made it clear that consumers wrestling with high gas and food […]

Read: Retail still unsteady in January

EBay to cut listing charges up to 50 percent

The Associated Press
EBay Inc. said Tuesday it will cut by up to 50 percent the fees it charges sellers to list their goods online in an effort to boost listings and keep pace with other burgeoning e-commerce sites.
To balance the fee cut, the company plans to increase its commission on […]

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