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.

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Ace Hardware store in Baker going out of business after 16 years

Denver hardware store closing

Store owner Andy Carlson blamed the rising costs and an increase in crime. “In a good year, a top-tier hardware store like this could do 7 percent at the bottom, pre-tax net profit. We’ve been squeezed into below five.”