DENVER (BRAIN) — Used gear retailer The Pro’s Closet is re-opening Monday under new ownership and some familiar management.
TPC closed last month after 18 years in operation. It sold off remaining inventory on its site and then auctioned other physical assets .
Last month Elshair Companies , a private investment firm, acquired TPC’s digital assets including its trademarks, website, software and customer database.
Elshair has hired two long-time TPC managers to run the company: Justin England, who was with TPC for 15 years, most recently as head of purchasing, is the new company’s Chief Revenue Officer; JP Gage, who was with TPC for about 12 years, most recently as operations manager, is the new company’s Chief Operating Officer.
The new CEO is Yassir Elshair, who founded Scottsdale, Arizona-based Elshair Companies 20 years ago. Elshair owns and operates several e-commerce businesses, including FragrantJewels.com , OliveOil.com , and Jane.com , a small-business marketplace platform.
England told BRAIN over the weekend that TPC planned to resume buying bikes, wheels and frames on Monday through its existing website, theproscloset.com . He said the company plans to lease a warehouse soon somewhere on Colorado’s Front Range. TPC was founded in Boulder and most recently was based in nearby Louisville. England said he hopes to re-hire some of the TPC employees who were laid off as the company downsized in recent months.
"For now, it’s largely JP and I managing things,” he said.TPC founder Nick Martin, who hasn’t had an operational role in the company for several years, is […]
Continue reading the original article at: www.bicycleretailer.com