Retail News
BERKELEY, Calif. (BRAIN) — Forget, for the moment, the environmental impact of manufacturing and the eventual disposal of products after their usable life ends. Instead consider that bikes and accessories leave factories and warehouses in boxes that seem larger than necessary, filled with mounds of plastic, foam, and zip ties made with materials increasingly known to be toxic.
BROOKLYN, N.Y. (BRAIN) — With cycling deaths becoming a sign of the times in New York City this year, 718 Cyclery owner Joe Nocella began shedding more light on them Friday.
That's when he posted his custom-made "days without a cycling death" sign in his Brooklyn-based shop window.
The added 25% tariffs imposed on many Chinese-made goods in May are about to impact retailers and their suppliers. These unpredictable market conditions seem likely to continue, and it’s safe to say that whatever happens, prices won’t go down. What can we do about it?
SAN FRANCISCO (BRAIN) — Decathlon will open its second full-sized U.S. store in November, in San Francisco's Potrero Hill neighborhood.
VANCOUVER, British Columbia (BRAIN) — With a significant new investment from a clean technology fund, mobile service franchiser Velofix is jump-starting its growth with plans to add 30 corporate-owned vans in the U.S. and Canada in the next 12 months.
MILWAUKEE (BRAIN) — Next Friday, July 12, Wheel & Sprocket will open its Franklin Store at the Ballpark Commons development, which will replace the chain's store at Hales Corners, which it has occupied for 40 years.
FRESNO, Calif. (BRAIN) — California investigators have obtained a felony warrant for the arrest of Marlon Markham, who is suspected of using stolen credit cards and fake identities to steal from small businesses including bike shops. They are asking bike shops for help finding him if he comes into their store.
REDONDO BEACH, Calif. (BRAIN) — Multisport retailer Triathlon LAB, Inc. has been sold to Robert Keating, the a longtime employee and former special operations director. The store was founded by Lloyd and Teresa Taylor in 2003.
BOULDER, Colo. (BRAIN) — Ride Spot offers hand-picked routes in each community, chosen by local bike retailers or other organizations. The routes give beginners an on-ramp to cycling, helping the industry and retailers establish a relationship with the riders that continues after they wheel new bikes out the door. Ride Spot also has features that help bike retailers increase local riding participation, and develop — and market to — a riding community with their store as a hub.
SEATTLE (BRAIN) — Evo, an outdoor and action sports retailer with locations in Seattle, Portland, Denver and Whistler, British Columbia, is planning a 100,000 square foot retail operation in Salt Lake City, to be called Campus SLC.
LONG BEACH, Calif. (BRAIN) — Propel Bikes, a Brooklyn, New York, retailer that specializes in e-bikes, has opened its second location — this one on the opposite coast.
VANCOUVER, British Columbia (BRAIN) — Mobile service franchiser Velofix has hired industry veteran Donny Perry as its senior vice president of retail strategy and operations.
LITTLE ROCK, Ark. (BRAIN) — Coffee and cycling go together as famously as peas and carrots. Doug Zell and Chris St. Peter decided to take it one fancy step farther.
NEW YORK (BRAIN) — DICK'S Sporting Goods showed improvement in its first quarter, exceeding forecasts and raising its full-year guidance. The retailer reported net sales of $1.92 billion, up 0.6% over the same period last year.
LIBERTY, Mo. (BRAIN) — Erik's newest store here is its first in Missouri and third in the Kansas City metro area. The store opened Saturday.
CLEVELAND (BRAIN) — The Professional Bicycle Mechanics Association has announced a series of four manufacturer-direct training workshop, running from October this year through February 2020.
MONTRÉAL (BRAIN) — Mobile bike shop operators Velofix has closed a financing round with MacKinnon, Bennett & Company's MKB Partners Fund LP, a growth equity fund focused on clean energy, transportation, and smart cities.
BRATTLEBORO, Vt. (BRAIN) — Green Mountain Power, which provides electricity to much of Vermont, is offering a $200 rebate to its customers who buy e-bikes, e-cargo bikes or installed e-bike conversion kits at participating bike shops.
BOULDER, Colo. (BRAIN) — There are a lot of potential friction points when selling a bike online, not the least of which is a segment of independent retailers that are none too happy about the strategy.
SEATTLE (BRAIN) — REI Co-op has named Eric Artz its president and CEO, effective immediately. Artz has been serving as interim CEO since February, when he took over after the resignation of Jerry Stritzke.
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