Latest News – November 24

Last Friday, Nov. 21, part of the scaffolding came down off the Tabor Grand Hotel Apartments, located on historic Harrison Avenue in downtown Leadville.  It shouldn't be too much longer until W. 7th Street is re-opened to thru traffic! The big Grand Opening of the $7 million renovation is still scheduled for some time in early 2015, according to representatives from the Overland Property Group who own the building.

Last Friday, Nov. 21, part of the scaffolding came down off the Tabor Grand Hotel Apartments, located on historic Harrison Avenue in downtown Leadville. It shouldn’t be too much longer until W. 7th Street is re-opened to thru traffic! The big Grand Opening of the $7 million renovation is still scheduled for some time in early 2015, according to representatives from the Overland Property Group who own the building.

Obit_Spacer_Thin

ALCO Stores Closing Across Country – and Leadville

In some way, it’s good to know it’s not just Leadville, but when the signs started to appear with a vengeance around town on Friday (Nov. 21), it didn’t take long for locals to get the message: the ALCO store in Leadville is closing.

The Leadville ALCO is one of 123 stores which will be closing in bankruptcy.

The Leadville ALCO is one of 198 stores in 23 states, closing in bankruptcy.

But so are its other 198 stores in 23 states. When the Coppell, Texas, based-company declared bankruptcy on Oct. 12, there was some glimmer of hopeful options. But last Friday Nov. 21 the financial services blogs were buzzing with the news that liquidation sales would begin at all ALCO stores, immediately, including the one which opened here in early 2007.

Liquidation Sale signs started showing up in snow banks throughout town last Friday.

Liquidation Sale signs started showing up in snow banks throughout town last Friday.

Leadville Today did reach out to local ALCO store manager Aubrey Mos, but today’s corporate culture usually disallows management to speak directly to the media; such was the case locally.

According to an advertisement posted last Friday on on the home page of the ALCO Stores website, all merchandise is on a liquidation sale, and store hours will remain unchanged. Saturday morning the Leadville store had an unusually full parking lot and plenty of shoppers, taking advantage of the 30-50% discounts.

The Alco website says the sales will end when all the merchandise has been sold. One employee stated, off the record, that they were told that the Leadville store would close Jan. 30, 2015, which seems to line-up with other online reports.

The stores are typically located in rural communities and sell groceries, apparel, housewares, health and beauty items, electronics, hardware and sporting goods. It’s humble mid-west beginnings under the name Duckwall, grew to a sizeable chain and the company changed its name to ALCO in 2012.

Let the pre-holiday savings begin! Deep discounts at the ALCO Liquidation Sale, from now until its gone!

Let the pre-holiday savings begin! Deep discounts at the ALCO Liquidation Sale, from now until its gone! The Leadville store is reported to be closing Jan. 30, 2015.

Comments are closed.