FEBRUARY 20 - 26, 2017 Cottage Inn A mini-boom bakes up a in home growth plan construction? Pizza chain looks to expand in Midwest — and Fewer homes are on the to China, Page 4 market, spurring demand for new building, Page 3 Entrepreneurship Mike Ilitch For Moosejaw co-founder, a whirlwind of big deals By Annalise Frank any time soon. But if he could see him-
[email protected] self doing something else much further For most entrepreneurs, the sale of down the line, it would be advising and a business they started is an achieve- possibly investing in startups with his ment of a lifetime. For Robert Wolfe, brother Jerey. ey recently helped it’s just another week. their cousin Anthony Mendelson start Wal-Mart Stores Inc.’s purchase last California-based Mighty Audio. week of Madison Heights-based out- “It isn’t something I’ve investigated door apparel and gear retailer Moose- at all” as an option for the future, jaw for $51 mil- Wolfe said. But “we have some experi- lion even ence in startups. … We’ve made all the surprised its mistakes before.” co-founder. Moosejaw will continue to operate When the its online sales at Moosejaw.com and company’s rst 10 existing storefronts, Wal-Mart store opened, “I said in a statement. Moosejaw’s loca- was 21 years old tions include downtown Detroit, Bir- and I had no idea mingham and Ann Arbor. what I was do- e company vows to maintain its Robert Wolfe: ing,” said Wolfe, independent identity as part of the re- OLYMPIA ENTERTAINMENT Co-founded who still owned a tail world’s biggest goliath, but Wal- Mike Ilitch’s x-up of the Fox Theatre was one of the most consequential restoration projects in Detroit history, and in 1990, he MooseJaw and minority share in Mart adds nancial and marketing accepted the National Preservation Award from the National Trust for Historic Preservation.