Retail News

A screenshot from the forthcoming iOS app.

WESTERLY, R.I. (BRAIN) — In classic start-up fashion, Velotooler lends itself nicely to an elevator pitch (or more accurately, an Interbike booth pitch): It's Uber for bike mechanics.

MILWAUKEE (BRAIN) — In recognition of his contributions to his native state, the governor of Wisconsin is proclaiming Sunday, Sept. 25, as Chris Kegel Day throughout the state. 

Tagged People
ProdecoTech CEO Robert Provost explains its mobile e-bike franchise program.

LAS VEGAS (BRAIN) — Robert Provost, the CEO of Florida electric bike maker ProdecoTech, says he can lower a retailer's overhead — to less than 9 feet.

Attendees honor retailer Chris Kegel with a toast.

LAS VEGAS (BRAIN) — Interbike's traditional opening Industry Breakfast took an emotional turn Wednesday as hundreds of attendees stood to honor retailer Chris Kegel, who was recently diagnosed with liver cancer.

Tagged Interbike

LAS VEGAS (BRAIN) — REI is replacing its long-standing house brand for bicycles, Novara, with a new brand called Co-op Cycles. The member owned co-op announced the change and showed a handful of new Co-op bikes at a media preview event Tuesday evening, prior to the opening of Interbike on Wednesday.

Tagged Interbike
The BWYR logo.

BOULDER, Colo. (BRAIN) — The National Bicycle Dealers Association is hoping to encourage web shoppers to visit their local bike shops with a new program called "Buy Where You Ride."

LAGUNA HILLS, Calif. (BRAIN) — How time flies. The newest edition of Bicycle Retailer & Industry News celebrates the 25th anniversary of our founding.

BEAVERTON, Ore. (BRAIN) — Longtime online retailer TeamEstrogen.com has announced it will close at the end of September.

Team Estrogen Inc. co-founder Susan Otcenas said a number of factors contributed to the decision, including price competition and changing consumer behaviors.

COLORADO SPRINGS, Colo.—The National Bicycle Dealers Association has agreed to buy the Barnett Bicycle Institute — the 30-year-old professional mechanics school — from its founder, John Barnett.

SANTA MONICA, Calif. (BRAIN) — Thieves broke into Raleigh's new company store here early Monday, making off with six bikes. The company and police are asking the public and nearby retailers to be on the lookout for the stolen bikes, which include electric mountain bikes retailing for up to $5,000.

TEMPE, Ariz. (BRAIN) — State Bicycle Co. has opened a new concept store, State Rideshop. The full-service bike, skateboard and repair shop is located in the company's hometown of Tempe, Arizona, outside of Phoenix.

VANCOUVER, British Columbia (BRAIN) — Mobile bike repair franchiser Velofix has hired Ward Grootjans, a former Canyon Bicycles executive who will focus on Velofix's global growth.

Raleigh's new Santa Monica store

SANTA MONICA, Calif. (BRAIN) — Accell North America held a grand opening party over the weekend to celebrate the opening of its first dedicated Raleigh brand store in the nation. The store on Main Street in Santa Monica isn’t new for Accell North America. But it was formerly an Izip e-bike concept store.

The build-to-suit space also has plenty of natural light.

AUSTIN, Texas (BRAIN) — Bicycle Sport Shop has expanded with a fourth location just outside of Austin in the small community of Bee Cave, Texas. The store, which opened mid-August, is about 14 miles west of Bicycle Sport Shop’s downtown shop and is the retailer’s first foray outside of the city limits.

COSTA MESA, Calif. (BRAIN) — Retailers who made the cut this year not only offer great shopping experiences and expert staff, but are also rated on dedication to their communities and support for bicycle advocacy locally and nationally, the NBDA said.

Tagged Awards
E-commerce business, up 26 percent, drives same-store growth.

PITTSBURGH (BRAIN) — Dick's Sporting Goods reported Tuesday that net sales for the second quarter were up 7.9 percent over the same period last year, reaching approximately $2 billion. Same-store sales were up 2.8 percent, much higher than what Dick’s had forecasted.

Tagged Earnings/Financial Reports

LAGUNA HILLS, Calif. (BRAIN) — The Brexit vote in the United Kingdom could make life difficult for U.S. bike industry suppliers who sell into the UK. Companies like Park Tool say the devaluing of the British pound makes their products more expensive there.

Tagged BRAIN News

OAKLAND, Calif. (BRAIN) — After nearly three years of planning, a trio of business partners has opened a combination retail shop and café in the East Bay Area — Luckyduck Café and Bike Shop in Oakland.

COLUMBUS, Ohio — Retailer Stuart Hunter, owner of four Roll: Bicycle Company locations, is making the move to online retail with his new custom bike program. The bike model is called the 1:Bike, and was recently launched on Kickstarter.

Tagged Omnichannel & Consumer Direct Sales

RANCHO DOMINGUEZ, Calif. (BRAIN) — PricePoint.com, one of the largest e-commerce sites in the bike world, has shut down. Founder and owner Donovan Ivan told BRAIN on Friday that he has been planning the closure for almost a year after deciding he'd rather pursue other business ventures.

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