Tag: Retail
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Metro Moves: Coors project in Golden names first business coming to new district
Coorstek project in Golden attracts coffee roaster The developers of Golden’s Clayworks — the district built on top of the founding home of the century-old ceramics business run by the same family famous for the iconic Coors beer brand — have named the first business to open on its site. Colorado’s acclaimed Sweet Bloom Coffee…
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Colorado Gov. Polis faces intense lobbying blitz from DC-based groups over credit card ‘swipe-fee’ bill
Colorado’s long‑running fight over credit‑card swipe fees entered its final round Tuesday, when lawmakers sent a proposal to Gov. Jared Polis and rival industry coalitions immediately launched competing campaigns to sway his decision. The clash pits groups urging Polis to sign the bill — restaurants, hotels, breweries, liquor stores, small businesses, and big‑box retailers —…
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Colorado Democrats want large corporations to pay fee if employees are on Medicaid
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Democrats are seeking to require Colorado’s largest corporations to pay thousands of dollars for each employee that relies on the Medicaid program for health insurance. They don’t have to pay the fee if they can demonstrate offering an “affordable health coverage” to workers, defined as the minimum required by federal law. It’s the latest effort…
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Four in Highlands Ranch arrested for coordinated retail theft of nearly $15k
Four suspects were arrested last week in connection with a coordinated retail theft of nearly $15,000 worth of merchandise from grocery stores, according to the Douglas County Sheriff’s Office. On Wednesday, June 18th, DSCO deputies responded to a reported theft in progress at a King Soopers located in the 8600 block of South Quebec Street…
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Cherry Creek’s available space for new shops, restaurants at record lows
The neighborhood had 14.2. million visitors last year, according to a new report. Businesses want in, but there’s not enough space.
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5 risks to Colorado’s economy state officials are watching
Fears of a recession are fading as the nation’s — and Colorado’s — economy continue to beat expectations. Looking forward into 2024, Colorado’s Office of State Planning and Budget (OSPB) forecasts national economic growth to be better than originally thought based on strong consumer spending at the end of 2023. The economy is expected to make a…
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Third-party vendor laying off 200 employees from Amazon facilities in Colorado
Nearly 200 employees of a global company that provides operational and maintenance services for airports and industrial customers will be laid off in April from their jobs at Amazon fulfillment centers in Colorado Springs and Thornton and a sortation center in Aurora. Daifuku Services America of suburban Dallas notified the Colorado Department of Labor and…
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Pugliese’s bill to end retail delivery fees killed by committee | FOCUS ON THE SPRINGS
Less than eight months after Colorado’s new retail delivery fees took effect, Rep. Rose Pugliese brought forward a bill seeking to eliminate them. In 2021, the state legislature passed Senate Bill 21-260, a $5.4 billion, 10-year plan to build out Colorado’s roads and bridges, create more electric vehicle charging stations, boost mass transit and mitigate…
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Denver’s office space market remains steady, retail prepares for a return to spending
Denver’s office commercial real estate market finished steady by the end of the fourth quarter, unlike the retail scene which was affected by rising inflation, according to several area brokers. The office market had more than 340 transactions totaling 1.6 million square feet in leasing activity during the fourth quarter across the metro Denver area,…
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Denver CBRE retail specialist examines holiday sales trends
Retail industries are going to have to continue to adjust to post-pandemic challenges but will likely fair well this holiday season, according to retail commercial space specialists from the commercial real estate giant CBRE. Despite the challenges — like inflation, labor shortages impacting customer service and hours of operation— facing shoppers this holiday season, there is…