economic downturn Archives

Tumbleweed Center Relocates Phoenix Headquarters

Tumbleweed Logo
by in In The Spotlight

Tumbleweed Center for Youth Development will expand and relocate its headquarters from Downtown Phoenix to Siete Square II, 3707 N. 7th St. in Midtown, according to Cushman & Wakefield of Arizona, Inc. Tumbleweed was established in 1972 with a mission to provide a safe space for collaborating with youth and young adults in the community… Read More →

Wells Fargo Plans 410,000 SF Expansion in Chandler

by in Business News | In The Spotlight

By Eric Jay Toll, Senior Correspondent for Arizona Builder’s Exchange | Special to Arizona Commercial Real Estate magazine   Wells Fargo unveiled its 410,000-square-foot Chandler campus expansion to a neighborhood meeting in the East Valley September 16. Arizona Builder’s Exchange broke the story Monday night that the bank filed a rezoning application with the city… Read More →

Cameron Carter Named Partner at Rose Law Group

by in Newsmakers

Arizona’s largest female owned law firm is proud to announce the appointment of Real Estate and Transactional Attorney Cameron Carter as the firm’s new partner at Rose Law Group pc (RLG). Carter, who specializes in Real Estate Transactions, Acquisition, Due Diligence, Real Estate Finance, Development/Redevelopment, Land Use/Entitlements and Development Agreements, first joined RLG as a… Read More →

Conventional Wisdom – Catering To Phoenix Visitors

Phoenix Convention Center

Debbie Cotton has gone from helping people travel around Phoenix to trying to convince people to travel to Phoenix. Cotton, the former director of the Phoenix Public Transit Department, is about six months into her role as director for the Phoenix Convention Center. “The biggest difference for me is that each day is very different,”… Read More →

Beware of Blunders: Common Marketing Mistakes To Avoid

Marketing mistakes

The economic downturn has left many companies struggling to retain existing business, scrambling for ways to attract new business and seeking opportunities to cut costs. Decreasing marketing budgets seems to be a common solution — just look how many publications, creative agencies and printers have gone out of business due to a lack of revenue.… Read More →

Firms Forecast Fewer Job Cutbacks in 2011

West Coast based companies, were surveyed on their predictions for 2011 in terms of cutbacks and staff reorganization.

After the housing market housing burst in late 2006, the economy has seen its worst years since the Great Depression.  As our country struggled with enormous financial dishonesty, billions in bailout money, an astronomically high national debt, and over 9% unemployment, job security has seemed to be wildly unstable — until now. According to a… Read More →

After A Long Recession, Over-Spending May Be Tempting, But Consumers Beware

After A Long Recession, Over-Spending May Be Tempting
by in Columnist Spotlight | Economy | Finance

The desires of the American consumer have changed over the last few years. This concept is not difficult to imagine since the United States has suffered it’s worst economic downturn since the Great Depression. People have been forced to appropriately distinguish the difference between needs and wants. Prior to the recession, the American consumer was… Read More →

A Dream Becomes A Reality for Ethiopian-Born Small Business Owner Misgana Kebede

Misgana Kebede Company - Accent Transportation Services - AZ Business Magazine Nov/Dec 2010

Misgana Kebede Company: Accent Transportation Services Title: Owner | Est.: 2008 Web: In May 2008, during the roughest stretch of the recession, a husband-and-wife team made a bold decision to start their own transportation business. Misgana Kebede and his wife, Bilen, started Accent Transportation Services, which specializes in executive car service around the Phoenix… Read More →

6 Tips To Launching Your Own Business In A Down Economy

The idea of starting your own business can be frightening with the recession - AZ Business Magazine Nov/Dec 2010

The idea of starting your own business can be frightening, particularly with the recession stubbornly choking the Arizona economy. However, by following a few tips for getting started, launching your own company doesn’t need to be scary. In fact, there are a few advantages to launching a business during an economic downturn. Commercial space is… Read More →

Q&A With Laura Scheller, President Of Arizona Sunbelt Chapter MPI

woman sitting on a red chair on stage - AZ Business Magazine Sep/Oct 2010

Laura Scheller, CMP President of the Arizona Sunbelt Chapter of MPI President and CEO, Solomonte Hospitality How has MPI responded to the economic downturn? It has been a difficult year for the hospitality industry. Not only have we had to overcome the poor economy and negative media, but here in Arizona we also added controversial… Read More →

AzHHA’s 2010 Annual Membership Conference Is Aimed At Helping Members Prepare For Change

AzHHA’s 2010 Annual Membership Conference - AZ Business Magazine Sept/Oct 2010
by in AZ Business Magazine | Healthcare

With the health care field on the brink of a major upheaval, the Arizona Hospital and Healthcare Association’s (AzHHA) 2010 Annual Membership Conference offers members information on what to expect in the future. The theme, Bringing the Future into Focus, incorporates a mix of topics and speakers intended to appeal to a diverse hospital audience.… Read More →

A Threat By The Cubs To Leave Arizona Has Cactus League Sites Scrambling

It appears the Chicago Cubs’ spring training facility will remain in Mesa - AZ Business Magazine Jul/Aug 2010

Update: It appears the Chicago Cubs’ spring training facility will remain in Mesa. Team officials recently notified a group from Naples, Fla., attempting to lure the Cubs to the Grapefruit League that they plan to continue to negotiate exclusively with the city of Mesa. Mesa, meanwhile, reportedly is looking at four sites for the new… Read More →

Steven Koeppel, Owner Of Scottsdale Jean Company, Comes Out On Top By Selling Bottoms

Steve Koeppelle, Owner, Scottsdale Jean Company - AZ Business Magazine June 2010

Steven Koeppel Scottsdale Jean Company Title: Owner Est: 2005  | “You can never learn too much and you can never be too smart – ask a lot of questions.” – Steven Koeppel, owner of Scottsdale Jean Company When it comes to battling with the best in the retail clothing world, Scottsdale Jean Company is… Read More →

Courting The Locals Could Be The Key To Keeping Arizona’s Struggling Tourism Industry Viable

Man rock climbing with another man on belay and a woman standing nearby

For years, state tourism and hospitality enjoyed a healthy dose of success. As the population boomed, so did travel, with out-of-state visitors increasing steadily from 2002 through 2007. But the recession, coupled with a decline in corporate meetings, made 2009 a very difficult year for the tourism and hospitality industry. Arizona resorts and hotels that… Read More →