Author: Alicia Wallace

Colorado marijuana shops tallied just over $106 million in sales this past November, putting the industry’s 2016 sales totals just shy of $1.2 billion — with returns from the typically bountiful month of December still to come. Sales of marijuana and related products translated to $17.7 million in monthly taxes and fees to go toward…

The summer of 2016 turned out to be quite lucrative for Colorado’s marijuana industry. Legal marijuana shops tallied up $126 million in medical and recreational cannabis sales in August, setting a new monthly record, according to Colorado Department of Revenue data made public Wednesday. The young industry’s previous monthly high was set just a month…

Some of Sports Authority’s intellectual property assets may land in the corner of rival Dick’s Sporting Goods, the Wall Street Journal reported Thursday. Reuters and the Wall Street Journal, both citing unnamed sources, reported Thursday that Dick’s bid $15 million for Sports Authority’s intellectual property and is expected to win the auction. The Wall Street Journal reported…

A federal bankruptcy judge on Tuesday afternoon signed off on Sports Authority’s plan to have liquidators start going-out-of business sales at all of the Englewood-based retailer’s more than 460 stores. The store-closing sales will start Thursday, the trio of liquidators said in a statement released following the filing of the order in the U.S. Bankruptcy…

Time and luck ran out for Katie Mullen’s. The Irish pub in downtown Denver shut down Wednesday night, a move that put the cavernous, 10,885-square-foot restaurant space back in the hands of Chartres Lodging Group, the San Francisco-based investment firm that owns the Sheraton Downtown Denver Hotel at 1550 Court Place. Thursday morning, the closure…

Sports Authority is still pursuing a “robust” sale process and is not fully liquidating just yet, attorneys for the sporting goods retailer told a federal bankruptcy judge on Tuesday. Several parties have expressed interest in all or substantially all of the Englewood-based company’s assets, attorney Robert Klyman told Judge Mary Walrath at a hearing in…

COLORADO SPRINGS — United Launch Alliance’s quest to become more nimble and agile in order to compete effectively in the space industry will include workforce reductions beyond the 375 job cuts confirmed last week. Chief executive Tory Bruno said Wednesday that Centennial-based ULA plans to reduce its workforce by another 400 to 500 people next…