Business

Nov 29, 2010 8:08 PM by Stephanie Collins

Black Friday, cyber Monday; local impact of shopping season

The first Monday after Thanksgiving better known as "cyber Monday" is a big day for online shopping. Chefscatalog.com, based in Colorado Springs, expected to ship around 6,000 packages today.

Even though online sales don't bring in sales tax revenue for the city they provide an economic boost by creating jobs, "People are buying things and that creates a job. Someone had to make that item, ship it, sell it," explains UCCS Senior Economist, Fred Crowley.

Chefs doubled their staff for the holiday season, "We've hired an additional 80 plus people to assist us during the holiday season and some of which will turn into full time employees after the season is over," says Tim Littleton, President and CEO of Chefs.

The number of people working in El Paso County has continued to grow since January and Crowley says that trend should continue through the holiday season. Crowley also predicts that retail sales in the county will go up six percent compared to last year.

For more on Chefs click here.

 

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