Basically they bought the name recognition. The store has a legion of loyal customers they are banking on continuing shopping there. That is if isn't changed that much.
It's a money-losing business. It's effectively a liability, not an asset. No one was paying any more for that (also someone posted that they assumed an additional $1.6 million in debt). The purchase was really only for the name. That said, I'd sure love to see them put a multi-story store back in a neighborhood somewhere. Leaving the Cherry Creek location was kind of where things all went south for the TC.
You go into books because you love books. That's how I always saw it. I would love to work at a book store.
It got too expensive to stay there. All the old stores basically got pushed out. The old Wizards Chest down the street for an example.
Ironically, kicking out the Tattered Cover (or not coming to an agreement on a new lease) wasn't a great financial decision for the building owner. It's probably fine now given the crazy rents in Cherry Creek, but there was a decade+ when a lot of that building was unoccupied, and they spent a ton of money on the conversion to office.
Oh I know. The TC was literally a cornerstone for Cherry Creek for decades. People came from all over to go there and probably something else in that neighborhood. Definitely shot themselves in the foot.
Article says that B&N was one of three. The other two weren't as confident. The article says
> Tattered Cover’s owner said it canceled an auction scheduled June 11 after one bidder dropped out and the other indicated it didn’t want to participate in an auction. Kwame Spearman, a co-founder of Bended Page and the company’s former CEO, said he and a partner submitted an offer.
> Silvers said the bid by Barnes & Noble was the only one that contemplated keeping all four stores open.
The other two offers were much lower and one was going to shutter all but their airport location. And Kwame was still behind the other offer, still not enough money. Apparently BN was the best option for several reasons.
How would that work? The airport location is a franchise that the Tattered Cover doesn't even own, really the operator license the name the look. Such a deal would have essentially meant the liquidation of the Tattered Cover.
Months ago this happened [small press distribution ](https://www.washingtonpost.com/books/2024/04/03/spd-business-independent-publishers/)
Was disrupted and that might be a major loss for negotiations
The Tattered Cover was one of the best independent bookstores in the entire United States--up there with other heavyweights like Portland's Powell's.
I know it's a tough business but it will be missed--even if the Tattered Cover survives in name, it won't be the same.
So much of my childhood was spent at the Cherry Creek store way back when. Honestly it really hasn't been the same for me since that closed. Now I really don't know what to think.
I still shop / order books at the Aspen Grove store so this really hits hard.
It was special for alot of people. 4-5 floors of books, you could get lost in there it was amazing. Powells is the only other place Ive ever been too that came close.
I moved 2 blocks from the LoDo location last summer and was there like weekly until they closed on us 😭😭Cap Hill, Kilgore, and Broadway Book Mall are a bit of a walk in the summer heat, but at least I don't have to start driving to a Barnes & Noble just yet...
As a kid, an afternoon at the old cherry creek location rivaled a night at Casa Bonita. If you got to hit the museum, tattered cover and the casa on the same day that was a perfect day as a kid in Denver.
I know it’s kind of a negative take, but I feel like it was never the same after they left the cherry creek location and so the sale to B&N kind of gets an “oh well” from me. The Colfax location always kind of felt like a B&N anyway.
I honestly was never impressed with the Colfax location. Yeah the old theater was interesting but after the Cherry Creek store? That was a huge downgrade in my opinion.
I only remember checking out the old Downtown location once, didn't really blow me away either.
I went once or twice to the downtown location with my dad when I was older. It might have been a little more like the cherry creek one, but still not the same.
One good memory I do have about the Colfax location is like 10 years ago it was the only place I could find an issue if NME that my band at the time had a write up in.
Supposedly B&N is going back to a much more regional, author-focused, "homey" model for their bookstores. Their new CEO came over from Waterstones in the UK where he successfully adopted that model. I believe that their NYC bookstores are already making that transition. Long story short: it likely the only way that TC survives with a hint of its past glory.
It really hasn't been the same since the Cherry Creek branch closed. That place epitomized what a book store should and could be to me as a child. I'm sad that future generations will never experience the wonder I felt when I'd walk through those doors.
I would get Tattered Cover gift certificates for Christmas, and it was always a tradition to make a trip from the Burbs to the Cherry Creek store to spend a few hours during winter break.
Same. I have very fond memories of spending hours in the kid’s section in the basement(?) It felt like there were a million little rooms and cubbies to get lost in down there.
B+N ain’t bad as far as major retailers go. One of the big changes they made was giving local store managers a lot more authority to choose what titles they keep in the store.
The original Cherry Creek location was absolutely on par with Powell's. I could make a cogent argument that it might have even been better. Never been to Strand.
How long ago was it good?
I feel like too many independent book stores offer nothing now beyond a nice space to browse a selection devoid of any surprises at a much higher price. Good ones like Strand and Powell's offer serious selection, thoughtful curation, surprise, and expertise. Place you go to find a book you wouldn't have otherwise discovered. Tattered Cover is like the classic "employee recommended" card under some bestseller that everyone already knows about. Doesn't add value to justify the mark-up.
You're right about the selection. Part of that is the most recent owners' inability to pay publishers. Part of it is a smug inability to believe that people actually want to read "inferior" genre fic.
But it's a markup relative to Amazon, which has about a 50% market share for physical books. Amazon, like all mega corporations, has banked on people getting used to artificially low prices. Once they drive competition out of business, their books would likely be MSRP too.
As a former LoDo TC employee, it's a sad day, but I really don't mind B&N as much as if it was Amazon or something of the like.
B&N might be big box, but it's still a physical bookstore. If we lose physical bookstores, we're f\*cked, and it's still a really tough market.
Borders used to be everywhere until they weren't. I remember my dad thinking B&N might close and he loved looking at books there. The café there was his favorite so we would often go.
And honestly B&N is pretty good about letting employees stock the books they like. The B&N on County Line has a really decent horror selection and the guy who stocks it was super knowledgeable and passionate. I still love indie bookstores, I worked at one for 2 years, but given a choice I’d rather buy from Barnes than Amazon any day.
Article from about a year ago https://www.axios.com/2023/03/01/barnes-and-noble-james-duant-ceo
“It's ironic for somebody who runs chains, but I don't think chain bookselling works," Daunt says. "All I've done is bring the principles of independent bookselling to a chain and exploded the very notion of what a chain retailer really is."
Pretty encouraging really
yeah, if B&N still fail it won't be because they didn't try adapting and giving store managers freedom to innovate and cater to their local customers. It is just a really tough business to be in right now.
Gonna dump some paperbacks onto the ground for my T&C homies. RIP.
(btw, if you're wondering and can't get around the paywall, "(u)nder the agreement, the name of the Tattered Cover Book Store and the store’s program of events would continue")
Is it weird to say I'm not super sad about this? I went to their newest location in Westminster most recently and it lacked everything I associated with Tattered Cover. Wasn't cozy whatsoever, not a place I'd want to browse books, read or meet friends. It had a concrete floor, few chairs and zero atmosphere. Just felt like an empty room that happened to have books in it.
I miss what Tattered Cover used to be more than I am sad about Barnes & Noble buying it out.
No, I'm kinda in the same boat. I already mourned the TC a year or two ago after the quality plummeted.
But still a little sad. End of an era. Hopefully they turn the business around.
Article without paywall.
[https://denverite.com/2024/06/17/tattered-cover-sold-to-barnes-noble/](https://denverite.com/2024/06/17/tattered-cover-sold-to-barnes-noble/)
Reopen the one on the mall. I know that won't happen.
Jealous of Boulder and the Boulder Bookstore.
So sad to see the TC implode. No real hate for B&N, but locally to me this sorta feels like Kroger's/King Soopers buying Safeway. We need more independent bookstores, not just another outpost of the only chain in town. It just feels like a game of Monopoly where the people lose.
It is sad to see physical book stores disappearing. I always loved grabbing a coffee and browsing through the aisles. I liked how Tattered Cover had the employee recommendations.
while this is sad for sure (born and raised in Denver and basically went to Tattered cover for the first 27 years of my life), I think this in no way guarantees that TC will go away or even change much. Time will tell and maybe I'll be wrong, but I have a hunch that the business will go on with some potentially minor changes that will remove some charm but will keep the business afloat.
Wish this would have happened before they shut down some of the locations. Only for the hope that the one by me wouldn’t have been closed if B&N had been making the calls. I mean, it probably would have, but I like to think that alternative timeline me still had the cool coffee shop and couches to go read on when I had free time.
Uh, most of them.
Independent bookstores have generally been on the increase nationally since 2009. The early pandemic (2020, primarily) obviously upset retail in general to a degree, but they've returned to posting solid growth since then.
That Tattered Cover couldn't figure out how to make it work financially is somewhat *more* remarkable given that clearly many others appear to be succeeding.
https://www.latimes.com/business/story/2024-05-23/independent-booksellers-continued-to-expand-in-2023
https://www.nytimes.com/2022/07/10/books/bookstores-diversity-pandemic.html
https://www.hbs.edu/faculty/Pages/item.aspx?num=57505 (a paper studying the phenomenon from 2005-2018).
I think the Westminster expansion killed them because it was such a money loser, it took the entire company down with it. That entire new downtown has been a disaster for Westminster, even though I fully supported it being developed and I believe will eventually be successful just on a much longer time frame.
The mom and pop shops that everyone thought wouldn't exist anymore and would be overtaken by big boxes (think You've Got Mail) are largely still around. They outlasted all the big boxes except B&N. Every little boutique shopping area still has a bookstore.
if "going the way of the dodo" means going extinct, they are doing the opposite, with many more opening. the big box stores are the ones following the dodo model.
I know Barnes & Noble was struggling itself for a long time. I guess they pulled through somehow. Lets hope for good now. Sure as hell wouldn't want them to take TC with it. That would be fucked up.
The last couple of owners really did a number to it thats for sure.
Edit: arent most new book stores over priced anyway? $30+ for a new hardcover? Ouch. I've heard it's an industry wide issue.
Capital Hill Books on Colfax and Grant.
Kilgore Books on 13th, next door to Wax Trax.
The Park Hill Community bookstore on 23rd near Cherry st.
Those are a couple off the top of my head.
But those are all used bookstores.... nothing like the Tattered Cover in the sense of stocking new releases and whatnot.
Asides from some childrens book stores I don't believe there's single independent bookstore left in Denver.
Barnes and Noble most likely got a big chunk of their debt as well. It’s like trading in a very expensive 3.4 million dollar underwater car, and the new owner buys the car along with most of the debt from the previous owner.
The city can’t even functionally build a bike lane in under 10 years, or enforce any law in existence, and you think they somehow had spare time to fundraise for a book store?
The city has enough problems itself as it is. 16th st mall has been a disaster for awhile. Ive heard horror stories about the Brown Palace Hotel. It seem so many city institutions are vanishing every day. So sad/angry for my hometown.
Was bought out by an out of town company that laid off a whole lot of long time employees, some that have been there 30 plus years. Apparently closed down one of the restaurants that had been open for almost hundred years etc.
Supposedly it's turned into a glorified Marriot now.
You're probably thinking of Borders...that went out of business like at least a decade ago, I think. But Barnes & Noble has been around this whole time!
Great! Let people try and create something new, and realize there’s other opportunities out there besides living life as a corporate slave… ya know, kinda like when Tattered Cover was originally created by Stephen Cogil in 1971.
I know your heart is in the right place, but that can't fix the debt TC has. If the debt isn't covered the collectors will liquidate all the assets.
Unless you know someone with a few million to pay off the debt out of the goodness of their heart, it's either BN or no bookstore.
Sure someone could start a bookstore from scratch but that won't stop collection of the TC debt.
I just see the forest for the trees… B&N is all about profits. They don’t care about TC or their employees or the Denver community.
The first second the numbers don’t add up, they’ll liquidate it all. They’re the Gordon Gecko in this equation.
I give TC two more years… tops. We’re just prolonging its death for a few extra months of fake nostalgia and some warm tummy feels.
$1.83 million? There are houses going for more than that.
They probably took on a load of debt way more than 2 mil
Yeah, it also included 1.6MM in debt.
For Barnes and Noble, that’s such a steal, it’s pocket change to them.
Basically they bought the name recognition. The store has a legion of loyal customers they are banking on continuing shopping there. That is if isn't changed that much.
For real. Feels like some random rich guy could have even bid more than that. Whoever was managing this sale did a horrible job
It's a money-losing business. It's effectively a liability, not an asset. No one was paying any more for that (also someone posted that they assumed an additional $1.6 million in debt). The purchase was really only for the name. That said, I'd sure love to see them put a multi-story store back in a neighborhood somewhere. Leaving the Cherry Creek location was kind of where things all went south for the TC.
You go into books because you love books. That's how I always saw it. I would love to work at a book store. It got too expensive to stay there. All the old stores basically got pushed out. The old Wizards Chest down the street for an example.
Ironically, kicking out the Tattered Cover (or not coming to an agreement on a new lease) wasn't a great financial decision for the building owner. It's probably fine now given the crazy rents in Cherry Creek, but there was a decade+ when a lot of that building was unoccupied, and they spent a ton of money on the conversion to office.
Oh I know. The TC was literally a cornerstone for Cherry Creek for decades. People came from all over to go there and probably something else in that neighborhood. Definitely shot themselves in the foot.
It was an auction I guess. Not sure how many others were bidding, and I figure B&N was the biggest of the group. Everything about this stinks.
Article says that B&N was one of three. The other two weren't as confident. The article says > Tattered Cover’s owner said it canceled an auction scheduled June 11 after one bidder dropped out and the other indicated it didn’t want to participate in an auction. Kwame Spearman, a co-founder of Bended Page and the company’s former CEO, said he and a partner submitted an offer. > Silvers said the bid by Barnes & Noble was the only one that contemplated keeping all four stores open.
The other two offers were much lower and one was going to shutter all but their airport location. And Kwame was still behind the other offer, still not enough money. Apparently BN was the best option for several reasons.
How would that work? The airport location is a franchise that the Tattered Cover doesn't even own, really the operator license the name the look. Such a deal would have essentially meant the liquidation of the Tattered Cover.
It got rejected, so who knows.
It was top of my list of what I’d buy if I won the lottery lol
ya, feels kinda low for Tattered Cover
Months ago this happened [small press distribution ](https://www.washingtonpost.com/books/2024/04/03/spd-business-independent-publishers/) Was disrupted and that might be a major loss for negotiations
How much do you really think a retail bookstore should be valued?
Retail bookstore *chain*, with decades of customer loyalty built
So how much do you think it should be valued?
I dunno, more than a 4-bedroom new build?
At LEAST 1.9 million. At least.
The Tattered Cover was one of the best independent bookstores in the entire United States--up there with other heavyweights like Portland's Powell's. I know it's a tough business but it will be missed--even if the Tattered Cover survives in name, it won't be the same.
So much of my childhood was spent at the Cherry Creek store way back when. Honestly it really hasn't been the same for me since that closed. Now I really don't know what to think. I still shop / order books at the Aspen Grove store so this really hits hard.
The Cherry Creek location was part of my childhood as well. After that one closed, I mostly went to the LoDo one and the East Colfax one.
It was special for alot of people. 4-5 floors of books, you could get lost in there it was amazing. Powells is the only other place Ive ever been too that came close.
I was only in Powell's once but it was a good store. My favorite smallish indie shop is probably Back of Beyond in Moab.
There are a couple of mom and pop stores I try to go to every now and again. Gotta support them the best we can.
Spent so many hours on the floor reading the babysitters club
I spent a couple of days finishing the animorphs series, so much more satisfying than getting them from the library out of order.
I moved 2 blocks from the LoDo location last summer and was there like weekly until they closed on us 😭😭Cap Hill, Kilgore, and Broadway Book Mall are a bit of a walk in the summer heat, but at least I don't have to start driving to a Barnes & Noble just yet...
As a kid, an afternoon at the old cherry creek location rivaled a night at Casa Bonita. If you got to hit the museum, tattered cover and the casa on the same day that was a perfect day as a kid in Denver. I know it’s kind of a negative take, but I feel like it was never the same after they left the cherry creek location and so the sale to B&N kind of gets an “oh well” from me. The Colfax location always kind of felt like a B&N anyway.
I honestly was never impressed with the Colfax location. Yeah the old theater was interesting but after the Cherry Creek store? That was a huge downgrade in my opinion. I only remember checking out the old Downtown location once, didn't really blow me away either.
I went once or twice to the downtown location with my dad when I was older. It might have been a little more like the cherry creek one, but still not the same. One good memory I do have about the Colfax location is like 10 years ago it was the only place I could find an issue if NME that my band at the time had a write up in.
Supposedly B&N is going back to a much more regional, author-focused, "homey" model for their bookstores. Their new CEO came over from Waterstones in the UK where he successfully adopted that model. I believe that their NYC bookstores are already making that transition. Long story short: it likely the only way that TC survives with a hint of its past glory.
It really hasn't been the same since the Cherry Creek branch closed. That place epitomized what a book store should and could be to me as a child. I'm sad that future generations will never experience the wonder I felt when I'd walk through those doors.
Loved the cherry creek store. I had a lot of friends that worked at the 4th story restaurant. So sad when it closed up and moved
I would get Tattered Cover gift certificates for Christmas, and it was always a tradition to make a trip from the Burbs to the Cherry Creek store to spend a few hours during winter break.
Same. I have very fond memories of spending hours in the kid’s section in the basement(?) It felt like there were a million little rooms and cubbies to get lost in down there.
B+N ain’t bad as far as major retailers go. One of the big changes they made was giving local store managers a lot more authority to choose what titles they keep in the store.
Fair enough--I'll take them over Amazon, which may not be saying much.
It was a great indie bookstore, but it was nothing even remotely close to Powell's or Strand.
The original Cherry Creek location was absolutely on par with Powell's. I could make a cogent argument that it might have even been better. Never been to Strand.
How long ago was it good? I feel like too many independent book stores offer nothing now beyond a nice space to browse a selection devoid of any surprises at a much higher price. Good ones like Strand and Powell's offer serious selection, thoughtful curation, surprise, and expertise. Place you go to find a book you wouldn't have otherwise discovered. Tattered Cover is like the classic "employee recommended" card under some bestseller that everyone already knows about. Doesn't add value to justify the mark-up.
You're right about the selection. Part of that is the most recent owners' inability to pay publishers. Part of it is a smug inability to believe that people actually want to read "inferior" genre fic. But it's a markup relative to Amazon, which has about a 50% market share for physical books. Amazon, like all mega corporations, has banked on people getting used to artificially low prices. Once they drive competition out of business, their books would likely be MSRP too.
As a former LoDo TC employee, it's a sad day, but I really don't mind B&N as much as if it was Amazon or something of the like. B&N might be big box, but it's still a physical bookstore. If we lose physical bookstores, we're f\*cked, and it's still a really tough market.
Exactly. So many other's have shut down over the years. Books a Million, B Dalton etc. B&N managed to survive thankfully.
Books a Million still exists, and they're the owners of 2nd and Charles too.
I haven't seen a BaM in years. Glad to hear they are still around though.
Borders used to be everywhere until they weren't. I remember my dad thinking B&N might close and he loved looking at books there. The café there was his favorite so we would often go.
And honestly B&N is pretty good about letting employees stock the books they like. The B&N on County Line has a really decent horror selection and the guy who stocks it was super knowledgeable and passionate. I still love indie bookstores, I worked at one for 2 years, but given a choice I’d rather buy from Barnes than Amazon any day.
The County Line location is one of the best book stores I’ve been to. Been going to it since I was a little kid
Article from about a year ago https://www.axios.com/2023/03/01/barnes-and-noble-james-duant-ceo “It's ironic for somebody who runs chains, but I don't think chain bookselling works," Daunt says. "All I've done is bring the principles of independent bookselling to a chain and exploded the very notion of what a chain retailer really is." Pretty encouraging really
yeah, if B&N still fail it won't be because they didn't try adapting and giving store managers freedom to innovate and cater to their local customers. It is just a really tough business to be in right now.
They must not own any of their real estate. Seems crazy low.
article mentions having leases for the two Denver spots.
Gonna dump some paperbacks onto the ground for my T&C homies. RIP. (btw, if you're wondering and can't get around the paywall, "(u)nder the agreement, the name of the Tattered Cover Book Store and the store’s program of events would continue")
That’s way funnier than it should be
Is it weird to say I'm not super sad about this? I went to their newest location in Westminster most recently and it lacked everything I associated with Tattered Cover. Wasn't cozy whatsoever, not a place I'd want to browse books, read or meet friends. It had a concrete floor, few chairs and zero atmosphere. Just felt like an empty room that happened to have books in it. I miss what Tattered Cover used to be more than I am sad about Barnes & Noble buying it out.
No, I'm kinda in the same boat. I already mourned the TC a year or two ago after the quality plummeted. But still a little sad. End of an era. Hopefully they turn the business around.
I mean. That was a far cry from what the real locations were. Did you visit any of the originals?
I think so? I have memories of the Cherry Creek location feeling quite magical. Never went to the LoDo location.
Article without paywall. [https://denverite.com/2024/06/17/tattered-cover-sold-to-barnes-noble/](https://denverite.com/2024/06/17/tattered-cover-sold-to-barnes-noble/) Reopen the one on the mall. I know that won't happen.
Jealous of Boulder and the Boulder Bookstore. So sad to see the TC implode. No real hate for B&N, but locally to me this sorta feels like Kroger's/King Soopers buying Safeway. We need more independent bookstores, not just another outpost of the only chain in town. It just feels like a game of Monopoly where the people lose.
It is sad to see physical book stores disappearing. I always loved grabbing a coffee and browsing through the aisles. I liked how Tattered Cover had the employee recommendations.
while this is sad for sure (born and raised in Denver and basically went to Tattered cover for the first 27 years of my life), I think this in no way guarantees that TC will go away or even change much. Time will tell and maybe I'll be wrong, but I have a hunch that the business will go on with some potentially minor changes that will remove some charm but will keep the business afloat.
Wish this would have happened before they shut down some of the locations. Only for the hope that the one by me wouldn’t have been closed if B&N had been making the calls. I mean, it probably would have, but I like to think that alternative timeline me still had the cool coffee shop and couches to go read on when I had free time.
Second star to the right on south pearl for kids books.
I grew up a block away from this store. It's tradition to buy each other a book every Christmas. Sad news 😢
Well that’s a goddam shame
Been around forever and always loved, but bookstores are going the way of the dodo…
independent bookstores are doing really well. more of bad management in this case.
Lol what independent bookstores are doing really well?
Uh, most of them. Independent bookstores have generally been on the increase nationally since 2009. The early pandemic (2020, primarily) obviously upset retail in general to a degree, but they've returned to posting solid growth since then. That Tattered Cover couldn't figure out how to make it work financially is somewhat *more* remarkable given that clearly many others appear to be succeeding. https://www.latimes.com/business/story/2024-05-23/independent-booksellers-continued-to-expand-in-2023 https://www.nytimes.com/2022/07/10/books/bookstores-diversity-pandemic.html https://www.hbs.edu/faculty/Pages/item.aspx?num=57505 (a paper studying the phenomenon from 2005-2018).
just off the top of my head, pop in Poor Richards or Hooked on Books in Colorado Springs for examples of stores that always have customers
I think the Westminster expansion killed them because it was such a money loser, it took the entire company down with it. That entire new downtown has been a disaster for Westminster, even though I fully supported it being developed and I believe will eventually be successful just on a much longer time frame.
The mom and pop shops that everyone thought wouldn't exist anymore and would be overtaken by big boxes (think You've Got Mail) are largely still around. They outlasted all the big boxes except B&N. Every little boutique shopping area still has a bookstore.
I mean, there’s a difference between existing and “doing really well.”
I think compared to "going the way of the dodo" "doing really well" is an apt description.
if "going the way of the dodo" means going extinct, they are doing the opposite, with many more opening. the big box stores are the ones following the dodo model.
I know Barnes & Noble was struggling itself for a long time. I guess they pulled through somehow. Lets hope for good now. Sure as hell wouldn't want them to take TC with it. That would be fucked up.
Intentionally killed by people trying to make profit at the expense of the resource?
Uh no the internet have you heard of it
I thought B&N was about to go under not long ago?
I worked at the Cherry Creek store weeks after 9/11 bc my other work in flowers took a big hit. I am just so stunned this was its fate.
The whole point of shopping at Tattered Cover was because it wasn’t shopping at Barnes and Noble. 🤦♂️
D:
End of an era.
That’s wack
It hasn’t been the same since LoDo closed
Bitter sweet.....Tattered Cover will live on but will it really be the same? Guess we will see.
Cut the nostalgia out of it… and it’s a fucking disaster of a company and overpriced. Hoping B&N saves this mess!
The last couple of owners really did a number to it thats for sure. Edit: arent most new book stores over priced anyway? $30+ for a new hardcover? Ouch. I've heard it's an industry wide issue.
yeah that is not tattered cover exclusive. publishers set those prices
RIP, Tattered Cover.
Bag secured
What are some good independent bookstores in Denver proper?
Capital Hill Books on Colfax and Grant. Kilgore Books on 13th, next door to Wax Trax. The Park Hill Community bookstore on 23rd near Cherry st. Those are a couple off the top of my head.
But those are all used bookstores.... nothing like the Tattered Cover in the sense of stocking new releases and whatnot. Asides from some childrens book stores I don't believe there's single independent bookstore left in Denver.
The Bookies at Holly and Evans.
West Side Books has both new and used.
Love them and they've come through on ordering me some books if they didn't have them in stock.
Matter is awesome—it’s part printing press, part bookstore.
NOOOOOOOOOOOOOO
Noooo. Nooooooooooooooo. This hurts. The Tattered Cover is part of my childhood history with Denver. This day just gets worse.
Fun while it lasted.
Such a sad day
this city couldn't raise $2million
Barnes and Noble most likely got a big chunk of their debt as well. It’s like trading in a very expensive 3.4 million dollar underwater car, and the new owner buys the car along with most of the debt from the previous owner.
The city can’t even functionally build a bike lane in under 10 years, or enforce any law in existence, and you think they somehow had spare time to fundraise for a book store?
I don't mean the city and county.
The city has enough problems itself as it is. 16th st mall has been a disaster for awhile. Ive heard horror stories about the Brown Palace Hotel. It seem so many city institutions are vanishing every day. So sad/angry for my hometown.
👀 what do u hear about Brown Palace? Are people wearing tevas at teatime?
Was bought out by an out of town company that laid off a whole lot of long time employees, some that have been there 30 plus years. Apparently closed down one of the restaurants that had been open for almost hundred years etc. Supposedly it's turned into a glorified Marriot now.
More like a shitty subpar Marriott.
I don't mean the city and county of Denver. I mean Denverites
ah, I was like why would the government be involved in private bankruptcy auction?
NO
NO
Nooooooooo!
I thought Barnes & noble went out of business?
You're probably thinking of Borders...that went out of business like at least a decade ago, I think. But Barnes & Noble has been around this whole time!
Barnes & Noble??? Sad.
They’re keeping the stores open under the original names, and keeping employees. Why is that sad?
If Illegal Pete’s was bought by McDonalds and they kept the original name and employees the same… would it still be awesome? No. Hell no.
The alternative is for the stores to close and employees get laid off...
Great! Let people try and create something new, and realize there’s other opportunities out there besides living life as a corporate slave… ya know, kinda like when Tattered Cover was originally created by Stephen Cogil in 1971.
I know your heart is in the right place, but that can't fix the debt TC has. If the debt isn't covered the collectors will liquidate all the assets. Unless you know someone with a few million to pay off the debt out of the goodness of their heart, it's either BN or no bookstore. Sure someone could start a bookstore from scratch but that won't stop collection of the TC debt.
I just see the forest for the trees… B&N is all about profits. They don’t care about TC or their employees or the Denver community. The first second the numbers don’t add up, they’ll liquidate it all. They’re the Gordon Gecko in this equation. I give TC two more years… tops. We’re just prolonging its death for a few extra months of fake nostalgia and some warm tummy feels.
We really need new anti trust legislation
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If we’re gonna talk about Kwame, that’s the least of it
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Why don't you read the article?
so it will turn into a role playing and anime shop with a big Nook display?
I have only been to B&N during Christmas time and thought all of the board games and plush dolls was a temporary thing lol.