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Denver's Tattered Cover Becomes the Nation's Largest Black-Owned Independent Bookstore

Although it’s been a rough year for Denver’s beloved local chain, Tattered Cover, things are beginning to look up. After the pandemic caused several locations to close temporarily, a massive dent in sales followed. However, this week, owners Len Vlahos and Kristen Gilligan announced the sale of the store to Bended Page LLC in turn making Tattered Covered the largest Black-owned independent bookstore in America. According to NPR, Bended Page LLC is a group of investors led by businessmen Kwame Spearman and David Back. As Denver natives, the new owners have a long history with Tattered Cover. In an interview with the Denver Post, Back reveals that his first job was as a cashier at the company’s Cherry Creek, Colorado location. When the pandemic hit, Back approached Vlahos and Gilligan then pitched the idea to Spearman. “The notion of buying a bookstore in the middle of [a] pandemic was just about the craziest thing I had ever heard,” said Spearman. After Back’s persistence, Spearman...

Dec 16, 2020