Tag: business
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Holiday shopping begins in Colorado Springs amid ‘timid’ consumer sentiment
Americans are starting their winter holiday shopping earlier this year and expecting to spend about the same dollar amount as last season. But as concerns about inflation and overall affordability drive “timid” consumer sentiment, this year’s shoppers also are prioritizing essential spending and looking to take advantage of more deals. These are among the trends…
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Former Citadel mall Babies R Us getting a makeover to self-storage
A former Babies R Us store, which has been out of use since the chain closed all of its stores in 2018, is getting a long-awaited makeover into a self-storage facility. The new facility, located at 3555 Citadel Drive, will be operated by Devon Self Storage. Originally, it was expected to be open by 2024.…
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Aerospace and defense-focused business park opens first building
Colorado Springs has a new business center, purpose-built for aerospace and defense companies. Located at 8470 Launch Point, just southeast of the Colorado Springs Airport, the 30+ acre business park will expand as time goes on and needs evolve. On Oct. 9, Cushman and Wakefield and Colorado Springs Commercial announced the opening of the new…
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Drip Queen Coffee offers seafood, Latte-ish drinks at new Colorado Springs location
Seafood and coffee are an atypical pairing, but at Drip Queen Coffee, founders Russell and Zakiya Moss hope to find a niche in the unconventional. And it’s not just limited to what they have on offer, but how they offer it. The newly opened café at 3230 Centennial Blvd. is designed as a space where…
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Human connection for the coffee commute
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Coffee culture reigns in Teller County. From boutique roasters in mid-town Woodland Park to corner cafes in Divide and Florissant, Teller County loves its barista beverages. The Human Bean at 275 CO 24 in Woodland Park has been serving the commuter community for nearly seven years. Though The Human Bean is a franchise establishment, it…
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Colorado Springs area business events starting Oct. 12
MONDAY Southern Colorado Women’s Chamber of Commerce Young Professionals Coffee Meetup — 10-11:30 a.m., COS City Hub, 4304 Austin Bluffs Parkway. Registration: scwcc.com. TUESDAY “Avoiding Identity & Theft Scams” Webinar — 8:30-9 a.m. Registration: ent.com/events. ” Operating Agreements Structure, Strategy, and Best Practices ” Webinar — 11 a.m.-noon. Registration: score.org/southerncolorado. WEDNESDAY “How to Buy Your First…
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Trump ratchets up U.S.-China trade war with new levies
WASHINGTON – President Donald Trump on Friday said he was raising tariffs on Chinese exports to the U.S. to 100% and imposing export controls on “any and all critical software” in a reprisal to recently announced export limits by China on rare earth minerals critical to tech and other manufacturing. “Based on the fact that…
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White House: Job cuts have begun
WASHINGTON – The White House said on Friday that it had begun substantial layoffs across the U.S. government, as President Donald Trump followed through on a threat to cut the federal workforce during the government shutdown. Job cuts were under way at the Treasury Department, the U.S. health agency and the departments of education, commerce,…
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Brown’s Shoe Fit has new location; owner optimistic despite tariff threat
Brown’s Shoe Fit has a new location, and owner Ryan Prickett is excited to begin selling shoes with a view. The shop, now located at 5691 N. Academy Blvd., has a sweeping view of Pikes Peak, Cheyenne Mountain and the foothills. At present, things are slower than he’d like, but Prickett hopes an advertising campaign…
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Mortgage rates fall, but buyers stay on sidelines
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WASHINGTON – U.S. mortgage rates fell this week, but an uncertain economic outlook and tepid hiring are keeping prospective homebuyers on the sidelines. The average rate on the popular 30-year fixed-rate mortgage dropped to 6.30% from 6.34% last week, mortgage finance agency Freddie Mac said on Thursday. It averaged 6.32% during the same period a year ago. Mortgage rates have eased as…