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Vail Resorts closing 19 stores in Colorado, 140 employees to be laid off

A subsidiary of the Colorado resort corporation is shuttering sporting goods and apparel stores in three mountain towns.
Credit: Adobe Stock Images

BROOMFIELD, Colo. — The retail arm for a major Colorado resort corporation plans to close 19 sporting goods and apparel stores in three mountain ski towns, according to a series of letters to the state’s Department of Labor and Employment.

SSI Venture Inc., a subsidiary of Broomfield-based Vail Resorts, informed the state of the closures late last month, in accordance with the federal Worker Adjustment and Retraining Notification Act, which requires large corporations to give advance notice of planned closings and layoffs. The letters are dated Feb. 27.

Shuttering the stores, which are based in Aspen, Telluride and Snowmass Village, will eliminate more than 140 jobs, according to the letters.

Glenn Stahlman, SSI’s vice president and chief operating officer, stated in the letters that company officials decided not to renew their leasing agreements with the three towns. 

Read the full story at the Denver Gazette.

   

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