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Crocs shakeup: Closed stores, job cuts, new Boston corporate center
Crocs Inc. -- seeking ways to become more efficient in the face of its customers' changing tastes -- announced sweeping changes late Monday, including plans to close stores and layoffs of 183 workers.
The Niwot-based shoemaker (Nasdaq: CROX) also said it will scale back some of its new styles in favor of casual lines and its signature molded footwear. And it intends to reduce investment in its smaller markets.
Crocs also said it will open a "Global Commercial Center" in the Boston area in late…
NHL hosts retail trade show at Pepsi Center this week
The National Hockey League will launch its 2014-2015 products season with a retail trade show at the Pepsi Center in downtown Denver Tuesday and Wednesday.
More than 100 exhibitors will showcase new NHL-branded products for U.S and Canadian marketplaces at the two-day annual "NHL Exchange licensed products and retail road show."
And more than 500 guests, including NHL licensees, retailers, partners and merchants from all 30 NHL clubs are expected for the event, the NHL said.
As part of the NHL’s…
Chipotle's record sales, 26% profit jump fuel after-hours stock surge
Chipotle Mexican Grill Inc. reported more than $1 billion in quarterly sales for the first time in the restaurant’s history Monday and a 25.5 percent year-over-year leap in net income, leading to a flurry of after-hours trading that drove its stock price up 10 percent.
Revenue for the Denver-based Mexican restaurant chain (NYSE: CMG) jumped 28.6 percent from the second quarter of 2013, reaching $1.05 billion. That increase was fueled by a 17.3 percent increase in same-store sales, as well as…
Denver, Vail, Aspen hotels rank among world's best
Colorado's luxurious lodging facilities are shining again, as its hotels and resorts claim a number of spots on Travel + Leisure magazine’s World’s Best Awards, including two ranked among the globe’s top 100 and one Denver hotel among America’s top 25 large-city properties.
In addition, one Aspen hotel ranks among the top 50 resorts in the country and boasts the top hotel spa in the world in the annual awards, which are determined by reader survey and featured in the July issue of the magazine.
Downtown Denver's 'Meet in the Street' event steps toward urban-engagement (Slideshow)
Businesses lining the 16th Street Mall had their hands full Sunday after the mall's shuttle service was detoured for Meet in the Street, an event that drew an estimated 2,800 people per block per hour.
"What this event is about is bringing the community together into an urban environment ... working with partners, having people experience the urban environment in different ways," said Jenny Starkey, a spokesperson for the Downtown Denver Partnership, which hosted the event.
Ron Zappolo to call Denver Broncos preseason games
Denver sports and news anchor Ron Zappolo will serve as the play-by-play announcer for all four of the Denver Broncos preseason contests, the Broncos and KUSA-9News announced Monday.
Zappolo, who has worked in the Denver market for more than three decades, was recently reunited with KUSA-TV as a weekend “sports conversationalist” for the station. He previously worked as a sports anchor for 9News and CBS 4 before becoming a news anchor for FOX 31.
Former Broncos John Lynch and Alfred Williams…
Colorado cannabis coalition to promote responsible edibles consumption
Council on Responsible Cannabis Regulation, a Denver-based organization launched last month, will announce Wednesday a new campaign with a message about appropriate consumption of edible marijuana products for first-timers.
The council will officially launch the campaign, called "First Time 5," at medical marijuana center and retail store Sweet Leaf, located at 2215 E. Mississippi Ave. in Denver.
The campaign includes posters that will be available for free to all marijuana retail stores, which…
Ex-Nuggets star Carmelo Anthony launches seed fund for consumer tech, media
Eight days ago, basketball superstar (and former Denver Nuggets player) Carmelo Anthony struck a deal to stay with the New York Knicks, a gamble that he can bring a world championship to the floundering franchise in the next five years.
Now, he's ready for even longer shot risks: Venture capitalism.
The seven-time all star and two-time Olympic champion has partnered with former NBC executive vice president Stuart Goldfarb to launch M7 Tech Partners, an early-stage seed fund for digital media…
Colorado Women's Bar Association names new board members
The Colorado Women’s Bar Association, a nonprofit organization focused on advancing and promoting women in the legal profession, has named Alison Zinn as president of its board.
Zinn is a senior associate attorney at Wade Ash Woods Hill & Farley in Denver, where she focuses on litigation involving wills, trusts and probate fiduciaries.
Her practice also includes guardian court appointments, as well as contested and uncontested guardianship and conservatorship proceedings for the elderly, disabled…
Ascent Solar, maker of thin-film solar panels, raising $32 million
Ascent Solar Technologies Inc. said Monday it is raising money from private investors and will issue $32 million in senior secured convertible notes and warrants.
The Thornton-based maker of thin-film solar power panels (Nasdaq: ASTI) said it signed agreements last Friday, and expects the deal to close by July 25.
WestPark Capital Inc. was the sole placement agent, Ascent said.
Victor Lee, Ascent’s president and CEO, said the money represents the company’s “largest financing commitment,…