More Rich Laden Articles

Rich Laden

Business Reporter

  • Kmart store closing at Palmer Park and Powers boulevards in Colorado Springs

    Updated: Thu, Feb 6, 2014

    Kmart's 32-year-old store at Powers and Palmer Park boulevards will close in mid-May, part of another round of closings nationwide by troubled owner Sears Holdings Corp. A liquidation sale will begin Feb. 23 at the store, which is part of the Powers Centre shopping center in the...

  • Colorado Springs home sales fall in January for third straight month

    Updated: Tue, Feb 4, 2014

    Colorado Springs-area home sales fell in January for the third consecutive month, although prices continued to climb, according to a report by the Pikes Peak Association of Realtors. Last month's sales of 596 homes declined nearly 10 percent compared with January 2013, the report...

  • Colorado Springs-area foreclosure activity unexpectedly high in January

    Published: Tue, Feb 4, 2014

    Colorado Springs-area foreclosure activity was unexpectedly high last month after having slowed in 2013, a report from the El Paso County Public Trustee's Office shows. Foreclosure filings, which are the start of a legal process that can lead to the loss of a home or other property,...

  • More hamburger restaurants taking a bite out of Colorado Springs

    Updated: Sun, Feb 2, 2014

    Judging from the number of hamburger restaurants in the Pikes Peak region, Colorado Springs-area residents love their burgers. But industry competition is as tough as a burnt patty, and a couple of hamburger chains have gone out of business or left town in recent years. Can new...

  • Short Stop Deluxe Burgers dishes hamburgers for more than 20 years in Colorado Springs

    Updated: Fri, Jan 31, 2014

    In 1993, Ted Vong was a 23-year-old franchisee operating Short Stop Deluxe Burgers in Colorado Springs, then part of a national chain. When the chain went under a year later, Vong said, he had a choice: Fold the business or go it alone without corporate support. Faced with a...

  • Manufacturing losses and military cuts loom as concerns for Colorado Springs, economist says

    Updated: Thu, Jan 30, 2014

    The Pikes Peak region's economy has rebounded from the local and national recessions, yet dwindling numbers of manufacturing jobs, few prospects to add any such employers and uncertainty about possible Department of Defense spending cuts remain major concerns for the area, according to...

  • Owners of Colorado Springs' Bourbon Brothers Southern Kitchen plan national expansion

    Updated: Thu, Jan 30, 2014

    The Bourbon Brothers Southern Kitchen restaurant on Colorado Springs' north side has been open only since Monday, but its owners already are planning an aggressive expansion to develop 40 of the restaurants around the country over the next five years. An important step in that plan:...

  • Colorado Springs council seeks answers on City for Champions board, finances

    Updated: Tue, Jan 28, 2014

    Colorado Springs City Council members received their first detailed look at City for Champions during a three-hour meeting Monday that was dominated by questions about an advisory board being created to oversee the $250 million tourism initiative and its financing plan. Billed as a...

  • Ace Hardware coming to Powers Boulevard on Colorado Springs' northeast side

    Updated: Fri, Jan 24, 2014

    A Colorado Springs family that operates four local Ace Hardware stores is adding a fifth along busy Powers Boulevard. The new store will go into an existing building at the Ridgeview Marketplace shopping center, northeast of Powers and Stetson Hills boulevards, said Darek Barnes,...

  • Community Conversation: City for Champions jobs touted amid some skepticism

    Updated: Thu, Jan 23, 2014

    The City for Champions tourism initiative will boost the area's economy, inject life into downtown Colorado Springs and generate sorely needed jobs, supporters said Thursday night during a forum on the proposal and local economic development efforts. But if criticism voiced by...

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