Is Tattered Cover still open?
All locations remain closed, though our website is still open for business (more on that below).
Who started Tattered Cover?
Stephen Cogil
It is one of the largest independent bookstores in the United States. Tattered Cover is open seven days a week at all branches, hosts prominent book signings, and is known for its customer service….Tattered Cover.
| 16th St. location | |
|---|---|
| Type | Private |
| Industry | Retail |
| Founded | 1971 |
| Founder | Stephen Cogil |
Where is the new Tattered Cover?
McGregor Square
The new Tattered Cover is in McGregor Square located at: 1991 Wazee St. Ste. 100, Denver, CO 80202.
Why is tattered cover moving?
May. 04, 2020, 9:33 a.m. Tattered Cover Book Store announced Monday it will move from its iconic LoDo storefront to the development under construction across from Coors Field. The book store wants to open its new location in early 2021.
What happened to the Tattered Cover bookstore?
Tattered Cover was purchased by Bended Page LLC in December 2020. The previous owners were Len Vlahos and Kristen Gilligan, who had purchased Tattered Cover from long-time owner Joyce Meskis in 2015.
Who owns the Tattered Cover bookstore in Denver?
Denver natives, high-school rivals, and long-time friends Kwame Spearman and David Back lead a diverse group of Colorado-based investors, and national bookselling and publishing experts that purchased the Tattered Cover.
Can a bookstore make money?
Independent bookselling has never been particularly lucrative. Many bookstores stock their inventory at a 30% to 45% wholesale discount, but after expenses, that translates into a profit margin of 2% to 3% even for the cost-savvy, says Donna Garban, co-owner of Hoboken’s Little City Books.
How much money do independent bookstores make?
We found that, on average, independent bookstores brought in $697 in revenue on a given day. The average location processed 14 transactions per day, with customers spending an average of $48.24 per transaction.
Is the Tattered Cover Black Owned?
Denver’s Tattered Cover Becomes Nation’s Largest Black-Owned Indie Bookstore. The Tattered Cover’s location in Littleton, Colo. Spearman, who is Black, will serve as CEO, making the Tattered Cover the country’s largest Black-owned independent bookstore.
Are bookstores dying out?
According to the American Booksellers Association, more than one independent bookstore has closed each week since the pandemic began, and 20 percent of independent bookstores across the country are in danger of closing. In contrast, spending on Amazon this summer was up 60% from the same time frame last year.
How much do you make owning a bookstore?
Sales Volume However, most independent bookstore owners serve as managers, meaning that the store could earn enough profit to pay a salary ranging from $40,000 to $100,000.