The bankrupt local bookseller received three bids, including one from former Tattered Cover CEO Kwame Spearman and a colleague.
Retail
Welcome to Business Den’s coverage of the retail industry in Denver. From new store openings to industry mergers and acquisitions, our coverage is comprehensive and up-to-date. We also delve into the challenges facing the industry, such as shifting consumer preferences and the impact of e-commerce on brick-and-mortar retailers.
Subscribe to Business Den today and stay ahead of the curve.
Barnes & Noble is top bidder for Tattered Cover, source says
A planned Wednesday auction of the local bookstore chain was canceled.
Sunnyside wholesaler blames city permitting delays for its bankruptcy
“Departments delayed contractors and massively inflated the moving budget.”
Eight interested in buying Tattered Cover ahead of June 12 auction
The parties have signed NDAs and “are actively reviewing data and information.”
CEO stole $37K meant for scalping sports and concert tickets, lawsuit says
Tim Hager, who ran radio stations and American Financing, is accused of taking $37,000.
Feds say former LoDo hotel owner defrauded pandemic program of $450K
Amin Suliaman, 47, was arrested Tuesday in Miami on four counts of wire fraud.
Thornton shopping center lands pickleball, indoor amusement park
Entertainment is the new retail.
Choice Market and its two stores file for Chapter 11
The bankruptcy comes at a time when Choice is selling its Colfax real estate.
Record scratch: Vinyl company fires and sues CEO, CFO over RiNo plant
“The pressing plant has not demonstrated the ability to press vinyl records in a timely or professional manner.”
Choice Market mulls bankruptcy, lists shuttered Colfax store for sale
“We were having major issues with theft and vagrants” along Colfax, its CEO said.