The feature arrived at an important moment for Downtown Duluth. Public discussion surrounding the downtown district in recent years has often centered on vacancy concerns, economic anxiety and uncertainty about the future of the urban core.
“Very few companies are fortunate enough to reach this moment. That we are approaching our 100th year is not an accident — it’s the result of talented people, shared values, and a commitment to building something that lasts.” -- George Goldfarb, CEO and Chairman of maurices
Maurices has been backed by the same private equity fund and group of investors since 2019, and that ownership structure remains in place. The transition involves a change in the advisory firm supporting the fund, with advisory responsibilities shifting to Torpen Capital.
"Duluth is such a gem, there’s such an opportunity for Duluth to grow and prosper; let’s take it to the next level with a vote for Roger!" -- George Goldfarb
By Cheryl Reitan George Goldfarb is being inducted into the Twin Cities Business 2023 Hall of Fame in July 2023. Having spent more than 36 years working in the clothing store industry, he brokered deals with conglomerates, negotiated mergers, and oversaw the construction of the new Maurices building in Downtown