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Tag: Business

Cañon City radio stations announce they are preparing to sign off in Fremont County
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gazette.com, Local

Cañon City radio stations announce they are preparing to sign off in Fremont County

By BREEANNA JENT | The Gazette A popular Cañon City country radio station and its news/talk sister station will cease operations at the beginning of the new year. Nebraska-based Royal Gorge Broadcasting will close down both the 104.5 Star Country KSTY and news/talk 1400 KRLN radio stations on Jan. 1, according to a Dec. 23 written statement posted on Facebook pages for both stations and signed by “the staff.” The venerable KRLN serves Fremont County and started broadcasting on Aug. 15, 1947. KSTY, which serves Cañon City, Pueblo and the Colorado Springs area, first broadcast on June 1, 1975 as KRLN-FM. It was a country music station by 1991 and became KSTY on Dec. 30, 1994. READ THE FULL STORY AT THE GAZETTE
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Bass Pro to build a 130,000-square-foot store in Loveland
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denvergazette.com, Local

Bass Pro to build a 130,000-square-foot store in Loveland

By Alexander Kirk | Denver Gazette, via 9News Bass Pro Shops is planning its sixth location in Colorado. The outdoor retail company is constructing a 130,000-square-foot Outdoor World store in Loveland. The store is located in the "Brands at the Ranch" mixed-use development, off Interstate 25 and Crossroads Boulevard, near the Larimer County Fairgrounds and Blue Arena. READ THE FULL STORY AT THE DENVER GAZETTE
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Aerospace company chooses Colorado over Utah for expansion
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The Center Square, State

Aerospace company chooses Colorado over Utah for expansion

By Tom Joyce | The Center Square A micro-satellite systems and infrastructure developer is expanding its operations into Littleton, Colorado. Astro Digital, a company founded in California nearly a decade ago, is building out in Colorado, Gov. Jared Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced Thursday morning. Astro Digital "provides end-to-end satellite mission support, including comprehensive satellite technology development and flight operations support for applications such as earth observation and communications," according to an OEDIT press release. READ THE FULL STORY AT THE CENTER SQUARE
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More than 400 Coloradans who work for UPS learn they are losing their jobs
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CBS Colorado, State

More than 400 Coloradans who work for UPS learn they are losing their jobs

By Jesse Sarles | CBS Colorado Hundreds of UPS workers in the Denver area will be looking for new jobs in the new year. The company made the announcement on Monday and said it's part of an effort to move into a workflow that involves more automation. UPS says it's going to temporarily close half of its facility in Commerce City while it makes changes. As a result, more than 400 people have learned they're losing their jobs. READ THE FULL STORY AT CBS COLORADO
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Legislators favor lighter touch to regulating business audits contracted by cities
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State, The Sum & Substance

Legislators favor lighter touch to regulating business audits contracted by cities

By Ed Sealover | The Sum & Substance Given the options of taking an aggressive or conservative approach to combatting “trigger audits,” Colorado legislators appear to have chosen the latter. The Sales and Use Tax Simplification Task Force last week unanimously approved a bill for drafting that would require any that any third-party auditors contracted by cities maintain the same confidentiality with collected data that Colorado governments would use. It also will send a letter to the Colorado Department of Revenue calling on it to convene a task force to help increase the number of businesses using the existing SUTS tax-filing system — a change that it believes would boost compliance with state law. READ THE FULL STORY AT THE SUM & SUBSTANCE
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Natural Grocers says theft, safety issues behind closure of Colfax Avenue location in Denver
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CBS Colorado, Local

Natural Grocers says theft, safety issues behind closure of Colfax Avenue location in Denver

By Tori Mason | CBS Colorado Natural Grocers will close its downtown Denver store at the corner of Colfax and Washington at the end of the month. The company says the decision was made after careful consideration of its operating challenges, including theft and safety issues. The store is located in a crime hotspot for the Denver Police Department. A Walmart further east on Colfax in Aurora also closed this year for issues related to crime. In a statement, Kemper Isely, Co-President of Natural Grocers, said: "We have been actively working to address the theft and safety issues impacting our store at Colfax and Washington for some time. Despite our investment in security and loss prevention strategies over the years, these factors have continued to challenge our ability t...
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National concerns leave Colorado biz leaders less confident in late ’24
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BizWest, State

National concerns leave Colorado biz leaders less confident in late ’24

By Lucas High | BizWest Heading into the fourth quarter of 2024, Colorado business leaders are feeling less confident about the state of the economy. The University of Colorado Leeds Business Confidence Index for the final quarter of 2024 was down nearly four points from the preceding quarter, based largely on national-level issues such as next month’s presidential election and inflation.  The index figure heading into the fourth quarter was 46.7. An LBCI score — which is based on impressions of the state economy, national economy, industry sales, industry profits, industry hiring and capital expenditures — of 50 is neutral.  READ THE FULL STORY AT BIZWEST
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Can one guy run 15,500 businesses from out of state? Attorney general sues on fraudulent filings
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State, The Colorado Sun

Can one guy run 15,500 businesses from out of state? Attorney general sues on fraudulent filings

By Tamara Chuang | Colorado Sun The number of new companies created in Colorado in the past two years may not have set all-time records after all, after officials discovered more than 15,500 fraudulent business filings last year by a man who used a stranger’s home address. The Colorado Attorney General’s Office on Wednesday filed a consent judgment in Denver District Court to settle allegations against defendant Marcio Garcia Andrade for violating the Colorado Consumer Protection Act. Andrade, who doesn’t live in Colorado, was accused of filing the new business formations between February 2022 and August 2023 that were linked to a Northglenn townhome address “without the knowledge or consent of the homeowner and resident,” according to the AG’s lawsuit. READ THE FULL STORY AT THE ...
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‘It’s challenging’: Why some Denver restaurant owners are looking to expand business elsewhere
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CBS Colorado, Local

‘It’s challenging’: Why some Denver restaurant owners are looking to expand business elsewhere

By Ashley Portillo | CBS Colorado While many Denver restaurants have closed their doors over the past year, some restaurant owners are taking their businesses elsewhere or expanding outside the city limits. Due to a multitude of concerns, the owner of Benny Blanco's Slice of the Bronx made the decision to relocate his business to Arvada. Other challenges led the owner of ten restaurants in Denver, including Guard and Grace and Tag Burger Bar, to expand his business to Houston. READ THE FULL STORY AT CBS COLORADO
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Number of new Colorado businesses drops 21.7% nearly a year after filing-fee discount ends
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State, The Colorado Sun

Number of new Colorado businesses drops 21.7% nearly a year after filing-fee discount ends

By Tamara Chuang | The Colorado Sun A 21.7% dip in folks filing to start a business in Colorado during the second quarter was largely attributed to the end of a program more than a year ago that reduced filing fees to $1, according to the latest quarterly data from the Colorado Secretary of State’s Office. “It was the sharpest decrease year-over-year in the state (that) we’ve been tracking since 2005. That’s both in percentage terms and absolute numbers,” said Brian Lewandowski, executive director of University of Colorado’s Business Research Division, which analyzed the data for the Secretary of State’s Office.  New business filings reached a second-quarter high last year at 54,940. The fee returned to $50 in June 2023 and now, one year later, filings dropped to 43,029 for t...
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