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Flavors on Tejon, a breakfast and lunch restaurant that opened at 321 N. Tejon St. during May, will expand its operation to include dinner on Friday and Saturday nights beginning Dec 12. The restaurant’s owners also are hoping to obtain a liquor license during the coming months. “We’re six months in and doing real well,” said Joe Ierisi. “Given the current economy we’re feeling grateful.” A 35-year restaurant veteran, Ierisi owned a similar restaurant in Fort Collins for 20 years.
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Traffic at the nation’s retail cargo ports is slowly climbing, despite the continuing economic slowdown — but it will remain below last year’s levels for most of 2008. The monthly tracker report from the National Retail Federation shows that month-to-month levels are climbing, but are lower this year because of reduced consumer demand. Traffic should pick up by the beginning of the fourth quarter.
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Created by Denver area musician and entrepreneur Wen Boley, StickySheets LLC has moved into Suite 101 at 5426 N. Academy Blvd. StickySheets are large adhesive sheets that make it easy to remove pet hair from large surfaces such as sofas and stairs. One reusable sheet measures almost 2 by 3 feet. It’s big enough to quickly clean an entire room.
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A National Restaurant Association study found that diners respond better to an ethic restaurant with sophisticated cultural cues in décor and atmosphere, and if servers are able to speak the language of the country where the cuisine is from. That’s what owners of Asian Garden & Bar, 1747 S. 8th St., hope will help them bring in customers. The restaurant, which opened May 12, offers food from three countries. Indian, Nepalese and Tibetan cuisine is prepared by cooks who specialize in foods from each region.
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Actress Sarah Jessica Parker was “bitten by the Steve & Barry’s bug” after walking into a Steve & Barry’s store for the first time. Having grown up in a family of eight children which faced financial challenges, Parker said she related to the store’s philosophy of offering quality merchandise at low prices, while helping change the mindset that people have to spend a lot for great clothes.
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Consumers often turn to cyberspace to sell or swap unwanted gift cards. This method gives consumers an opportunity to find a better deal than buying the card from a traditional store. Sites like swapagift.com, cardavenue.com and plasticjungle.com have all reported a surge in traffic during the last year.
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The Conference Board’s consumer confidence index hit an all-time low during October, registering 38 — down from 61.4 during September. The report has sounded an ominous alarm for some. The National Retail Federation cited the record-low confidence, along with retailers’ weak estimations for the 2008 holiday shopping season, in its address to congressional leaders. NRF asked the House Ways and Means Committee,
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You know this guy, right? Installed solar panels on the roof of his home; insists on cutting his grass with a push mower; recycles with vengeance. Yet, parked in his driveway is a Hummer. Having trouble putting the pieces together? That’s the challenge retailers and marketers face.
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Once again debit/check cards will be the payment of choice this holiday season, according to the National Retail Federation’s 2006 Holiday Consumer Intentions and Actions Survey. The survey shows that 39.1 percent of consumers will use their debit/check cards most often when making holiday purchases, up from 34.3 percent in 2005. Nearly one in three people (30.5 percent) will rely on their credit cards for holiday shopping and, for the first time in two years, the number of people using cash at the register will drop.
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One might think that during the Olympic Games in Beijing, merchandise at Colorado Springs Olympic Training Center’s retail store would be flying off the shelves. But, that’s not so, said store manager Paul Duran. The busy time will be when spectators, athletes and coaches return from China in a couple of weeks.
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Retailers are bracing for higher returns this holiday season, some of which will be fraudulent. According to the National Retail Federation’s second annual Return Fraud Survey, loss prevention executives anticipate that 8.93 percent of holiday returns will be fraudulent, up slightly from 8.67 percent last year.
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Nearly one-fifth of parents nationwide have set aside a portion of their economic stimulus checks for back-to-school purchases. The National Retail Federation conducted a survey which showed that the average family with school-aged children will spend $594.24 for back-to-school purchases, up from $563.49 last year. Total back-to-school spending for kindergarten through 12th grade is expected to reach $20.1 billion.
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