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.
Shop.org’s CyberMonday.com Web site raised more than $300,000 for the Ray M. Greenly Scholarship Fund. The scholarship fund was established furing January 2006 to provide financial support to students pursuing careers in e-commerce and commemorates the life of Ray Greenly, an online retail industry veteran who died during 2005.
Billions of dollars of merchandise are stolen every year through organized retail crime, but a Web-based database launched this week will allow retailers to share information to help fight organized theft, burglaries, robberies, counterfeiting and online auction fraud. The Law Enforcement Retail Partnership Network, or LERPnet, was created by the National Retail Federation, the Retail Industry Leaders Association and the Federal Bureau of Investigation.
In an age of personalized Web sites, iPods and a focus on the individual, it should come as no surprise that more companies are letting consumers personalize their purchases. For a price, buyers can get customized Hershey bars, M&Ms, Wheaties boxes with their pictures and even their pets’ mugs on a Jones Soda bottle. And now Ketchup kingpin H.J. Heinz, the giant of a $500 billion packaged food industry, wants a piece of the action.
Two new bars are preparing to open downtown, this time, without controversy. Supernova, a bar and arcade with vintage video games, announced plans to open at 111 E. Boulder St. Whiskey Dick’s will open at 26 E. Kiowa St., where Conscious Table closed down earlier this summer. The new establishments didn’t have to go through […]
Nine years of planning, development, cooperation and construction culminated in the opening of the major department store anchor tenant at University Village Colorado this week. Kohl’s became the latest retailer to open its doors at the mid-town shopping center, which was once a site dominated by run-down motels, vacant, dilapidated buildings and other blighted parcels. […]
A group of Manitou Springs citizens opposed to the city’s decision to allow the sale of retail marijuana has submitted petitions to put the issue back on the ballot. The No Retail Marijuana in Manitou Springs group submitted “twice as many signatures as required for verification and referral to the ballot … to ensure that […]
More businesses are using Pinterest to attract consumers, according to a survey from shop.org. According to the 2012 Social and Mobile Commerce study, Pinterest has become a huge player in social media – online consumers report that they follow and average of 9.3 retail companies on the site, compared to the average 6.9 retailers […]