North Face to relocate to Denver

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VF Corporation, the parent company of The North Face, JanSport and Smartwool plans to move its headquarters to Denver, bringing 800 jobs with it.

The company announced its plans on Monday.  The first wave of 85 VF executives are expected to move to Denver next spring. VF is currently based in Greensboro, N.C. Following the arrival of its top executives next spring, the company expects the leaders of its five subsidiaries to arrive in Denver over the rest of 2019 and into 2020, though it could take longer to hit the projected 800 positions.

The jobs come with an average annual wage of $185,721.That is nearly triple the average wage offered in Denver today and is the highest figure a company that has applied for state economic development incentives has brought to the table.

“We are thrilled to welcome a new partner that embodies the values that define Colorado,” said Gov. John Hickenlooper. “VF’s move underscores the critical driver that the outdoor recreation industry plays in our economy where business meets lifestyle.”

Read more about the move here.



Zillow Offers to launch in Denver this fall

Zillow has launched a new program designed to give homeowners another option when selling their house.  Zillow Offers will allow homeowners to ask Zillow to make a cash offer on their home.  Within two days of receiving a request from a seller, Zillow will make a no-obligation cash offer or it will say pass. If an offer is made and accepted, Zillow will buy the home, prepare it for sale and then list the property. The timing of the transaction is at the discretion of the seller.

Amanda Woolley, a spokeswoman for Zillow, said the Seattle-based company has purchased dozens of homes in Las Vegas and Phoenix. Some of those homes are close to being resold.  Zillow Offers is available in Phoenix and Las Vegas and is rolling out in Atlanta. Denver will be the fourth city added.

For the full story, click here.

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