Comment on Dollar Stores: A Great Price for the Recession

Charlie Blackmon is no longer a Denver homeowner. After retiring from a 14-year career with the Colorado Rockies at the end of the season, the outfielder sold his home in the Belcaro neighborhood for $130,000 under its list price. The $4,170,000 sale of the Belcaro house closed Nov. 21. Blackmon moved back to Georgia to live in Atlanta with his wife, Ashley, and their two young children. He listed the 5,500-square-foot home in the gated community near Cherry Creek on Sept.

Colorado’s housing market remained stagnant through November. Although active inventory and overall supply increased during the summer and fall, rising interest rates and prices kept many prospective buyers off the market, according to the November Market Trends Housing Report from the Colorado Association of Realtors. Kelly Moye of Compass said the result is “lackluster sales, flat prices, and sluggish buyer demand.

The party is over for Party City as the retail giant announced Friday it’s going out of business and immediately closing all its stores after nearly 40 years. The party supply chain told employees in a Friday meeting that it would be their final day working for the New Jersey-based company, according to CNN. “That is without question the most difficult message that I’ve ever had to deliver,” CEO Barry Litwin reportedly said in a video conference call, telling workers they were losing their jobs five days before Christmas and would be cut loose sans severance pay or benefits. Litwin announced in August he was taking over leadership of the struggling company and its more than 700 stores during a “pivotal” period of repositioning for the business. The country’s largest party supply store declared bankruptcy at the start of 2023, which allowed the company to cancel nearly $1 billion in debt, CNN reported.

By ANNE D’INNOCENZIO NEW YORK — Discount chain Big Lots is conducting going–out-of-business sales at its remaining locations, including four stores in Colorado, after a sale of the company didn’t materialize. The Columbus, Ohio-based retailer, which sells furniture, home decor and other items, filed for Chapter 11 bankruptcy protection in early September and said private equity firm Nexus Capital Management LP had agreed to acquire “substantially all of the company’s assets.” But on Thursday the chain said it didn’t anticipate completing the purchase agreement.

China's Guangzhou destroyer launching a missile during a military exercise in July 2016. Xinhua News Agency/Xinhua News Agency via Getty ImagesThe US Navy has long held a missile-tube advantage over China. But China's ships now have half as many vertical-launch-system cells as the US, research found. VLS capacity is important for naval combat, but it's not everything.

My partner, daughters, younger daughter's boyfriend, and I have gone on amazing trips. Samantha PriestlyI was worried about how my adult children and new partner would bond and get along. Once we started traveling together, though, we got closer and really felt like a family. By traveling, created shared memories while learning more about each other.