But, reader habits changed, said Alford, whose children have helped manage the store in recent years. He said low profit margins can’t keep the doors open.
“Amazon has just dominated the book business and, well, people don’t read the newspaper or books as much as they used to.”
Dorothy passed away Dec. 6th, Alford said. He is 94 years old (and still has the VIP car wash near 120th and L Streets).
“It was wonderful while it lasted,” said Alford.
Investors Realty leadership changes
Locally born and raised Investors Realty has shifted leaders, with Tim Langan succeeding R.J. Neary as president.
Neary, who served as president since 2010 and has been with the real estate company since 1987, will remain as board chairman, helping to guide strategic growth.
Langan, also an Omaha native, joined Investors Realty as chief operating officer in 2013.
Other management changes also are taking place, including that co-founder Steve Farrell goes from chairman to advisor. Farrell and Jerry Heinrichs founded Investors Realty “on little more than the back of a napkin 45 years ago” and built a foundation that enabled steady growth, according to a statement.
Investors Realty today says it manages more than 6 million square feet of office, industrial and commercial space, and provides brokerage and consulting services.
Real Estate Summit to zoom in on COVID
Organizers of Omaha’s annual Commercial Real Estate Summit — set to be held virtually on Aug. 14th — say they have retooled this year’s conference and workshops to focus on the up-to-date impact of COVID-19 on the real estate industry.