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Finding no buyer, Circuit City will liquidate

January 16, 2009

Circuit City Stores Inc. says it has reached an agreement with liquidators to sell the merchandise in its 567 U.S. stores after failing to find a buyer or a refinancing deal.

Incentives proposal seeks to lure film crews to Colorado

January 15, 2009

Colorado's film industry returned to the state Capitol on Wednesday, aiming to persuade lawmakers to approve a more modest incentives program than the one that failed last year.

Burritos roll up sales at Phil's Fresh Foods in Boulder

Burritos roll up sales at Phil's Fresh Foods in Boulder

January 15, 2009

Not many companies in this economy are coming off a year of 33 percent sales growth, with hopes of more than tripling sales in 2009. Phil Anson, above center, started his namesake Phil's Fresh Foods in 2002, selling his handmade burritos out of a cooler to fellow rock climbers in Eldorado Canyon. Today, the Boulder-based company sells its burritos in 1,500 mostly natural foods stores nationwide.

Whole Foods looks to rivals for help in fight with FTC

Whole Foods looks to rivals for help in fight with FTC

January 14, 2009

Whole Foods is attempting to enlist some unlikely allies in its battle against federal regulators' challenge to the natural grocer's purchase of Boulder-based Wild Oats: its competitors.

Hirschfeld printing dynasty stops the presses

January 13, 2009

The Denver printing business run by three generations of the Hirschfeld family said Tuesday it will stop the presses for good at the end of the month.

FTC seeks to halt union of Wild Oats, Whole Foods

January 13, 2009

The Federal Trade Commission on Monday asked a federal judge to halt the integration of Wild Oats and Whole Foods Market as part of a legal battle over the 2007 deal that combined the natural-grocery chains.

Wal-Mart has 'tough' holiday

January 13, 2009

Wal-Mart Stores Inc. Chief Executive Officer H. Lee Scott, who plans to retire this month, said the world's biggest retailer had a "tough Christmas" and he doesn't expect business to improve soon.

Shane Co. files for Chapter 11 after dismal holiday season

Shane Co. files for Chapter 11 after dismal holiday season

January 12, 2009

Shane Co., the Centennial-based jewelry company known for CEO Tom Shane's folksy radio advertisements, on Monday filed for Chapter 11 reorganization in U.S. Bankruptcy Court in Denver following a dismal holiday sales season.

Macy's closing two Colorado stores

January 9, 2009

Macy's said Thursday it is shuttering 11 stores in nine states, including locations in Colorado Springs and the Westminster Mall, in one of the first casualties of the dismal holiday shopping season. Above, a parking lot stands nearly empty Thursday outside the Macy's store in the Westminster Mall.

Even Wal-Mart feeling pinch

January 9, 2009

NEW YORK - Retailers reported dismal sales figures for December on Thursday as even Wal- Mart Stores Inc., one of the bright spots in the industry, finally buckled under the pressures of the deteriorating economy.

Macy's to close stores in Westminster, Colorado Springs

January 8, 2009

Department-store operator Macy's Inc. said today it will close 11 underperforming stores in nine states — affecting 960 employees — and lowered its forecast for the fourth quarter after one of the weakest holiday seasons in years.

Retailers worry about effect of discounts

January 7, 2009

Shoppers are getting used to those 75 percent off sale signs, and that's bad news for merchants who worry they will also have to quickly slash prices on spring goods to attract customers.

Chipotle to expand to London late this year

January 6, 2009

Chipotle Mexican Grill announced plans Monday to enter the European market when the fast-casual chain opens its first London outpost late this year.

Lottery sales on the skids

Lottery sales on the skids

January 1, 2009

Heavy gamblers and down-on-their- luck consumers sometimes spend more on the lottery when the economy stumbles, hoping to hit a big jackpot or at least get temporary relief in the form of a winning scratch ticket.

Store closings likely to increase in 2009

December 31, 2008

The fallout from the horrific holiday season for retailers has begun, with the operator of an online toy seller filing for bankruptcy protection and more stores expected to do the same - meaning more empty storefronts and fewer brands on store shelves.

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