The McDonald’s at Flintridge Drive is being torn down – only to be replaced with a new building. “We purchased the building a couple years ago and have been wanting to do this for some time,” owner Charlie Golding said. He said the McDonald’s at 4801 N. Academy opened in 1972 and hasn’t been spruced […]
Wing Zone restaurant will open Monday in Fort Carson’s mini-mall. The sit-down restaurant offers 17 buffalo chicken wing flavors and will serve draft beer. Wing Zone CEO and founder Matt Friedman has partnered with the Army & Air Force Exchange Services to open Wing Zone restaurants on four military bases. The company has plans to […]
Wild Wings ’n Things has closed its location at 12 S. Tejon St., but there are plans in place to find a new, larger space downtown. Michael Morris, president of Wild Wings ’n Things Franchises LLC, said he hopes to open a location which offers table service. This month, the hot wing franchise was recognized as one of the top 10 fastest growing restaurant concepts by RestaurantChains.net.
Steve & Barry’s LLC has received a $163 million offer for some of its assets from Bay Harbour Management. The teen apparel retailer, which filed for Chapter 11 bankruptcy protection last month, has filed a “stalking horse” asset purchase agreement with a unit of Bay Harbour, an investment company that’s built a reputation on successful business turn-arounds.
Federal law enforcement authorities estimate that theft rings steal as much as $30 billion in merchandise from retail stores every year. Organized retail theft is much different than shoplifting. ORT usually involves multiple people who steal goods, not for their own personal use, but to sell through fencing operations, flea markets and swap meets.
One word describes retail sales in August: lackluster. Despite back-to-school sales events, retail sales only increased .1 percent from July. But compared with last August, sales were up 6 percent, said the National Retail Federation, an industry group. “Consumer spending in August was tempered by a continued lack of confidence in the strength of our […]
Retail sales ticked down slightly in October as consumers halted discretionary spending in the face of inclement weather and uncertainty in Washington. October retail sales – excluding automobiles, gas stations and restaurants – decreased .3 percent seasonally adjusted from September, but increased 3.9 percent from October 2011. “While Hurricane Sandy certainly impacted consumer spending in […]
Steven Thompson grew up in Colorado Springs and left with his mom to finish high school in the Midwest. But when he got into motocross racing and wanted to pursue it professionally, Colorado called him home. He was the chubby kid in school until he grew older and started learning about fitness. What he learned […]
The National Retail Federation welcomed a study showing that it costs retailers $6.8 billion annually to collect state and local sales taxes across the nation. The group says the study could help merchants in their long-sought goal of receiving appropriate compensation for the collection costs. The study, conducted by the accounting firm PricewaterhouseCoopers LLP, found that retailers’ cost of collecting sales tax – from training personnel to filing paperwork – amounts to an average of 3.09 percent of the amount of tax collected, or $6.8 billion annually nationwide.
Shannon Rogers is a 39-year-old go-getter. Formerly executive director at the Senior Resource Council, Rogers recently accepted a new position as sales and relationship manager with Discover Goodwill of Southern and Western Colorado. Tell us how you professionally grew with your previous job. The Senior Resource Council executive director position was a great introduction into […]
Following years of sluggish progress, the city’s northeast side appears to be undergoing a growth spurt. Development along InterQuest Parkway slowed to a near halt for several years before the spring opening of a Drury Inn & Suites. Since then, several new businesses have committed to InterQuest Marketplace, according to Nor’wood Development Group’s Vice President […]