Wal-Mart Stores Inc. will start selling build-your-own-computer components in more than one-third of its U.S. stores this month. While the discount retailer has been blamed for bankruptcies in sectors ranging from groceries to toys, analysts say it is unlikely that Wal-Mart will pose much of a threat to the likes of Dell Inc.
The Downtown Partnership plans to celebrate the holiday season in style, with a parade, carolers and holiday gift coupons. The Downtown Partnership and several stores, restaurants and bars have put together free giveaway “checks” for downtown workers in Colorado Springs. Marketing to employees makes sense, said Beth Kosley, executive director of the Downtown Partnership.
It was just after 10 a.m. when a chilled Stan Wolf answered a call at his ski shop on the Westside of Colorado Springs. “Colorado Kite & Ski,” he answered enthusiastically. “Yes, we have everything you need for snowboarding. … Do not rent in the mountains — it’s like $45 a day and mine are […]
After years of testing, research scientists in Illinois have created a new fabric from corn. Tate & Lyle, the food-ingredient company behind the breakthrough, is building a plant in Tennessee, and should have the fabric in commercial production this fall. The corn-based fiber will be used by DuPont Co. to make Sorona, a supersoft, stain-resistant fabric that executives say “could be the next nylon.”
Colorado is known for its majestic mountain ranges, natural beauty, rich history – and now for beer. The state outpaced former first place beer producer California last year when it produced more than 23.3 million barrels or 724.5 million gallons of beer, according to newly released data from the Beer Institute. California now ranks No. […]
Merchants can now relax. The House and Senate approved the Credit and Debit Receipt Clarification Act without opposition last month and the president has signed it into law. The act clarifies a provision in the Fair and Accurate Credit Transactions Act — a 2003 update of Fair Credit Reporting Act — that was intended to prevent credit card fraud, but caused confusion for some merchants and sparked more than 300 class action lawsuits.
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 crime rings. […]
Texas Roadhouse, which has two locations in Colorado Springs and one in Monument, has announced that it is not raising menu prices. The 300-restaurant chain experimented with price hikes of between 2 percent and 5 percent during 2008, but said it would postpone increases because of the current economic environment.
Competition is brutal for smaller retail grocers. Yet as grocery sales approach more than $800 billion a year, many of these companies are growing at an explosive rate. Wal-Mart, the nation’s largest food retailer, accounts for about 14 percent of all grocery sales.
Einstein Bros. Bagels new location on a prominent downtown corner could be the first of several new locations in the Colorado Springs area. “Colorado Springs is an underdeveloped market for us, and we felt like it was a good time to expand in that area,” said Mike Ellis, executive vice president of franchise development. He […]
By almost any measure, the U.S. Small Business Administration just finished a record-setting year of helping businesses in Colorado. Statewide, the SBA approved $622.5 million in small business loans for the fiscal year that ended Sept. 30, an all-time record and an 11.5 percent increase over the last fiscal year. The SBA’s Colorado office approved […]
Studio 182 has gotten a makeover of its own after 10 years. The hair design and skin care salon now has a new name — Lotus Salon and Spa. Owners Melissa Jamison, Kim Nuss and Danielle Morrison kept the same people but moved to the top level of the Country Club Corners campus at Highway 115 and E. Cheyenne Mountain Blvd.