Steve and Barry's, which operates a two-level 60,000-square-footstore in The Citadel mall, was recently purchased out of bankruptcyby B.H. S&B Holdings, a newly formed affiliate of investment firmsBay Harbour Management and York Capital Management.
Upon the purchase, B.H. S&B Holdings announced it would close 106of the 276 Steve and Barry's stores nationwide.
The Colorado Springs location at The Citadel and a store inWestminster will remain open, while stores in Pueblo, Littleton andLongmont will be closed.
Steve and Barry's would not comment about how it decided whichstores to close.
Work from home networking
Running a business or working from home can be an isolatingexperience.
So, two people have created a worldwide network called 'Jelly,'which hopes to offer some of the advantages that stay-at-homeworkers miss.
Launched by Amit Gupta and Luke Crawford during 2006 in New YorkCity, Jelly allows at-home workers to meet at coffee shops orrestaurants for brainstorming, collaboration and coworkercamaraderie.
Locally, a Jelly group meets at Summit House Coffee, 12225Voyager Parkway, Suite 3. The Summit House offers tables, chairs,sofas and wireless Internet. Participants meet from 11 a.m. to 2p.m. the second and fourth Monday of each month.
To find other Jelly meetings, visit wiki.workatjelly.com
Foot Locker most recognized
The Foot Locker retail brand is the most recognizable of allsports or outdoor retail brands in the United States, according to aSportsOneSource survey.
The survey, 'How America Shops,' found that 89 percent of allrespondents were aware of the Foot Locker brand name.
Dick's Sporting goods was second with 72 percent and SportsAuthority third with 70 percent.
Foot Locker was dominant across all genders, economic groups,ages and regions.
Sector hemorrhaging jobs
Retail employment shrunk by more than 19,000 jobs nationwideduring August, according to the U.S. Bureau of Labor Statistics.
Motor vehicle and parts dealers shed the highest numbers,followed by food and beverage stores.
The report comes on the heels of recent bankruptcy filings bySteve and Barry's, Mervyns, Sharper Image and Linens 'N Things.
Anti-drinking campaign
Pocket Shot, the maker of single-serve, flexible-flask alcoholproducts, has launched an aggressive anti-drinking campaign targetedat young people.
The company has come under scrutiny from Mothers Against DrunkDriving, which contends the product is meant to conceal alcohol andonly serves to worsen the under-age drinking problem.
The Pocket Shot was created by Jarrold Bachman of Denver, whodeveloped the idea of the flexible flask, a 50 milliliter, three-layer clear pouch, which is intended to combine the appeal of atraditional airplane, shot-sized bottle with the benefits offlexible packaging.
The company plans public service announcements and marketingsigns at liquor stores.
