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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“We were balancing a very fine precipice — trying to grow a business that’s product-based in the outdoor space while paying attorneys to pursue recovery of some of our key assets,” said the company’s founder.
In order to find the right suppliers for their West Highland shop, owners Anna Bernhardt and Nathan Samsel “had to be willing to be scammed,” they said.
Sarah and Mic Ortega purchased 4415-4423 W. 43rd Ave. to eliminate any possibility of having to move their business again.
Denver native Katie Carrera has 20 years of experience in the industry, but she had been waiting for the right opportunity to branch out on her own.
The yoga pants purveyor’s landlord is Asana Partners, which is under contract to buy Larimer Square.
Another tenant was found to temporarily take over the space, but Landlord Edens says Huf Worldwide still owes $41K.
Harriet’s, which will close on Dec. 15, caters to “the older woman who likes artsy and unusual clothes that aren’t a size six or eight.”
“The money for the PPP loan ran out two payrolls ago,” said owner Todd Belanger. “It was enough to get me into Halloween, only because I laid everybody off except for two people.”
“The value of Good Buy Gear only became more elevated through the pandemic,” co-founder Kristin Langenfeld said.
The national retailer is now calling its anchor location in the Southwest Plaza mall an “omni service center.”
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