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Tattered Cover Is Now The Largest Black-Owned Indie Bookstore In The US

Len Vlahos and Kristen Gilligan sold the store to Bended Page LLC, an investment group led by Back and Spearman.  “The impact of the economic crisis caused by the pandemic made it clear that Tattered Cover was going to need not only new management, but an infusion of capital,” Vlahos and Gilligan wrote on the store’s website. “The difficult sales environment has not kept pace with the business’ mounting debt.”  In addition to the impact of the pandemic, the owners had to issue a ...
United States Len Vlahos Kwame Spearman Kristen Gilligan Tattered Cover Tattered Covered

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