News
MONTEREY, Calif. (BRAIN) — Attendance at this month's Sea Otter Classic was about 71,000 people over four days, nearly 10,000 more than last October's event, but shy of pre-pandemic figures for the event. The event also accounted for $71 million in economic impact to Monterey County.
BROOMFIELD, Colo. (BRAIN) — QBP opened a larger and more energy efficient distribution center here that increases inventory capacity by more than 30% compared with its previous facility.
ORLANDO, Fla. (BRAIN) — The owners of David’s World Cycle have announced a transaction rumored for several months: They have sold the 21-store Florida chain to Trek Bicycle.
MADRID (BRAIN) — Spanish e-bike brand Crow Bicycles secured its first investment round, which it said it will use to consolidate international growth and further develop its lightweight R&D capabilities.
SAN FRANCISCO (BRAIN) — Lyft announced Tuesday an agreement to acquire global bikeshare equipment and technology supplier PBSC Urban Solutions. The transaction is expected to close in the second quarter of this year.
SALT LAKE CITY (BRAIN) — A Utah woman is suing Rad Power Bikes because she said her bike arrived with a loose stem that caused a crash that injured her hands and wrist.
CUTLER BAY, Fla. (BRAIN) — An e-bike battery charging unattended at a longtime South Florida bike shop caught fire and destroyed the interior and much of the inventory, but no injuries were reported.
DENVER (BRAIN) — The city has established a series of rebates for the purchase of an e-bike or e-cargo bike from participating bike shops that goes into effect on Friday as part of its Climate Action Rebate program.
Not only are D2C e-bikes eating into what were once IBD price points, they have the long-term possibility of disrupting the entire specialty retail channel
LONG ISLAND, N.Y. (BRAIN) — Another of our industry’s elder statesmen has left us. Harry Manko died at 94 on April 13.
SEATTLE (BRAIN) — Rad Power Bikes has laid off about 100 workers as it closes most of its mobile services business and shifts to expanding its stationary retail store locations.
HARRISONBURG, Va. (BRAIN) — Lauf Cycling, an Iceland-based company making frames and forks for gravel riding, is opening a showroom and distribution center here.
Benedikt Skulason, the founder and CEO of Lauf, attended a City Council meeting Tuesday night.
BOULDER, Colo. (BRAIN) — For our April magazine edition, we asked our State of Retail panel members: What could suppliers do to make your life easier, and what are best-in-class suppliers doing that sets them apart?
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