Retailers bowing to X-mas spenders

The Christmas shopping season doesn’t kick off for another six weeks, but retailers already are signaling they’re prepared to discount aggressively if needed to entice shoppers still skittish about spending. Stores expect gift buyers to scrutinize every purchase, from $20 toys to $1,000 designer jackets, and to limit how many stores they visit. Most forecasters […]

Kohl’s to hire 40,000 holiday workers

Kohl’s Department Stores said this week that it plans to hire 40,000 seasonal workers for the holidays. The company, which has three stores in Colorado Springs, plans to hire an average of 35 workers for each of its 1,089 U.S. stores in addition to 2,200 workers at its distribution centers and 60 workers at its credit […]

Retail data: September sales edge up

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 […]

Retail vacancies scarce in Manitou

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 […]

August retail sales up 0.4%, best in 5 months

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 […]

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

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 […]

Goodwill thriving in a bad economy

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 […]

Retailers begin stocking for holiday season

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 […]

Consumer confidence inches up in August

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 […]

Consumers continue cautious behavior

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, […]

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