COLORADO SPRINGS, COLO. -- Just one day after the mayor announced a new Downtown Solutions Team that will focus on bringing more people to the area, another Colorado Springs business is closing.

Tillie and Toad has been on Tejon Street for the past two and a half years, but the slow economy made turning a profit difficult.

Owner Jeanne Galvin originally owned the Mount Tejon store across the way but moved because the rent was too high.

Galvin wants to thank her devoted customers for all their support, but she doesn't think she will ever have another business downtown.

Tillie and Toad is expected to be close by Dec. 24 and starting Friday will have a sale of up to 40 percent off on new merchandise.

But another empty store front is not what the owners of Boulder Street Gallery want to see.

They moved to their location in the 200 block of N. Tejon Street for the foot traffic.

While there have been ups and downs, business is up 40 percent this month.

"The economy has affected us more than the city has only because I think people were afraid to spend money," Jennie Henderson of Boulder Street Gallery said.

Tillie and Toad is the latest on the list of stores that have closed or moved.

Johannes Hunter Jewelers moved from their Tejon location to a new development in the 5100 block of N. Nevada Avenue, reopening on Black Friday.

Owner Linda Hunter said part of the reason for the move is that business has changed, and customers now look for convenience

"We had lots of clients that said 'I only come down to see you or one or two stores,' and here people come for many different stores," Linda Hunter of Johannes Hunter Jewelers said.