DENVER, CO – Popular Colorado skateboard and apparel retailer 303 Boards has filed for Chapter 11 bankruptcy protection following the recent closure of its Boulder location.
The Bankruptcy Filing
The Denver-based retail chain’s affiliate, 303 The Hill Ltd., officially filed a Subchapter V petition in the U.S. Bankruptcy Court for the District of Colorado on June 18. Court documents reveal a significant financial gap, listing over $85,000 in assets against more than $705,000 in debts.
According to court papers, the company’s largest creditors include:
- Shopify Capital: Owed over $219,000 in secured debt and $191,000 in unsecured credit debt.
- PNC Bank: Owed over $119,000 in unsecured debt.
- Fenix Capital Funding: Owed over $51,000 in secured debt.
Store Closures and Remaining Locations
Established in 1997, 303 Boards has been a staple in the local skate community for nearly three decades. However, in May, the chain revealed via social media that it was closing its Boulder storefront at 1138 13th Street after seven years of operation on “The Hill.”
Despite the bankruptcy filing, 303 Boards continues to operate its two remaining Denver storefronts:
- 1338 East Colfax Avenue
- 1288 South Broadway
Wider Industry Struggles
The filing comes during a turbulent year for specialized retailers. Despite the Sports & Fitness Industry Association reporting a 3.7% increase in wholesale sales to $130 billion in 2025, dozens of brick-and-mortar stores have closed in 2026.
Independent and specialized retailers like 303 Boards, Lynskey Performance Products, and Gamma Sports have faced fierce, uphill competition from massive national chains like Dick’s Sporting Goods.
