BUSINESSKMGH DENVER7
Bankruptcy in Breck: Owner of A Racer’s Edge says this year ‘tied for the worst ski season' he's seen
A Racer’s Edge, a Breckenridge ski shop founded in 1972, faces bankruptcy due to a record-low snow year, with sales dropping 50% compared to its best year. The owner, Chuck Ginsburg, attributes the decline to unseasonably warm temperatures and reduced skiing activity, while local tourism data shows a 7% drop in hotel occupancy and 9% decline in sales tax year-to-date.
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