Retail News
BOULDER, Colo. (BRAIN) — For some retailers like Russ Chandler, the upcoming Small Business Saturday is a big deal following a trying year in the industry.
SAN FRANCISCO (BRAIN) — Earlier this year Joe Connors decided it was time that more people in the Bay Area knew what he did: That e-bikes can be integrated into anyone's everyday life as a means of transportation and a catalyst for positive change.
PITTSBURGH (BRAIN) — Dick's Sporting Goods' third-quarter net sales increased 2.8% year-over-year to a record $3.04 billion.
WASHINGTON, D.C. (BRAIN) — REI Co-op workers with the Retail, Wholesale and Department Store Union filed 80 nationwide unfair labor practice complaints against the outdoor retailer for bad-faith bargaining practices.
SEATTLE (BRAIN) — REI Co-op announced in an email to employees that it is cutting about 275 jobs in a restructuring of store roles — including the elimination of the sales leads — and revamping scheduling.
WATERLOO, Wis. (BRAIN) — Trek Bicycle's Red Barn Refresh program's e-commerce site is live, offering used road, mountain, electric, and kids bikes in the industry's first trade-in program.
WILDWOOD, N.J. (BRAIN) — Scott Chambers never made a claim for Zippy's Bikes in the five years he's been insured by Pennsylvania Manufacturers Association Insurance Company (PMA). While the rates increased somewhat, nothing prepared Chambers for the notice he received dated Sept. 13.
PITTSBURGH (BRAIN) — Dick's Sporting Goods will close 11 Moosejaw locations, including the outdoor speciality retailer's headquarters in Madison Heights, Michigan, according to the Detroit Free Press.
A decade old this month, G&O Family Cyclery and its outspoken owner Davey Oil have survived fire and industry turmoil to emerge as key influencers in the growing cargo bike movement.
COLUMBUS, Ohio (BRAIN) — Roll: Bicycle Company filed for Chapter 11 bankruptcy protection on Thursday. Roll has three retail stores and its own bike brand that it sells wholesale and to consumers.
LAHAINA, Hawaii (BRAIN) — West Maui Cycles owner Jamie Boote awoke the morning of Aug. 9 to find the power out and winds whipping in his neighborhood. He and his wife, Dawn, went to the shop to secure loose objects before heading home through a tangle of downed power lines. That would be the last time the Bootes saw their bike shop.
OLNEY, Ill. (BRAIN) — Magura USA is offering free online tech training for dealer mechanics as well as OE brands and distributors. For shops, the training can lead to stores being labeled as Magura Service Centers, which are promoted on the brand’s dealer locator.
VANCOUVER (BRAIN) — Bicicletta, which opened in 1984 as a small Italian road bike shop, filed for creditor protection but will continue operating its website and fulfillment center. Its Vancouver retail store, however, closed almost two weeks ago, CEO Graham Fox said.
WATERLOO, Wis. (BRAIN) — Trek Bicycle has a new suspension service offering at some Trek stores. The program promises a 14-day turnaround on service and consumers are offered use of a demo bike for two days while their bikes are out of service.
IRVINE, Calif. (BRAIN) — The National Bicycle Dealers Association has announced the 2023 winners of its Retailer Excellence Awards.
NEW YORK (BRAIN) — The New York Fire Department issued vacate orders for two e-bike businesses in the city this week as the department steps up inspections following a rash of fatal fires triggered by lithium-ion batteries.
BERLIN (BRAIN) — E-commerce company Signa Sports United, owner of WiggleCRC and the Vitus and Nukeproof bike brands, reported a 2% decline in first-half revenue, saying "subdued demand and market overstock" weighed on its results.
Its first-half net revenue was 441 million euros ($480 million).
BELLINGHAM, Wash. (BRAIN) — Kona USA, facing the same excess inventory and stagnant consumer demand challenges as most other IBD brands, rebuilt its website in early June to add consumer-direct sales for the first time. While most traditional IBD brands now offer some variety of direct sales and click-and-collect few have received such a negative initial response from retailers.
AUSTIN, Texas (BRAIN) — Direct-to-consumer children's bike brand woom will expand its U.S. retailer network for families to shop the brand in person after being available at only its showroom headquarters here and at Buddy Pegs in Bentonville, Arkansas.