Retail News

UPDATED with Cannondale statement.

LONGMONT, Colo. (BRAIN) — Cannondale told its U.S. dealers Friday that it would launch a bike discount promotion in March and April, similar to that announced by Specialized, Trek and Giant recently.

Giant and Trek say Specialized's high inventory is driving the discounts, but Specialized says it's business as usual.
Specialized's sale goes live on Tuesday.

LONGMONT, Colo. (BRAIN) — Three of the largest U.S. bike brands are offering deep discounts on bikes next month, possibly a response to high supplier inventory levels coming out of the winter, although all three brands say their inventory levels are just fine.

As independent businesses fight for their place against chain stores and Internet giants, there may be some significant push-back against the big guys.

Judge also rejects request to lower $3 million award to Florida retailer.

TAMPA, Fla (BRAIN) — A federal court judge, in a stinging review of an ongoing case involving Giant Bicycles and Florida retailer Frances Kane, has denied appeals by Giant's attorneys to overturn a jury's verdict.

MEMPHIS, Tenn. (BRAIN) — 3T Cycling is naming Memphis' Victory Bicycle Studio its first Customer Service and Repair Center for 3T wheels.

Ozone Bike Dept. closed after 23 years in business.

AUSTIN, Texas (BRAIN) — In a space of one month, three Austin retailers will close their doors.

Weather woes, low oil prices, high real estate costs and market saturation are among factors that have put the squeeze on the city’s retail landscape.

KENNEWICK, Wash. (BRAIN) — When self-proclaimed recovering workaholic Heather Henderson left her job at Cervélo last year, she traveled the long way to her hometown in southeast Washington state.

MOORPARK, Calif. (BRAIN) — Christopher Rubin’s interest in bikes started when Speedplay founder Richard Bryne moved into his childhood San Diego neighborhood.

“When Richard moved next door, he got all of us kids interested in cycling,” Rubin said. “I was the only one who stayed with it.”

LONDON (BRAIN) — U.K. e-commerce businesses Wiggle and Chain Reaction Cycle confirmed Friday that they will merge, pending regulatory approvals. The combined businesses will have annual revenues of more than 300 million pounds ($434 million).

Tagged Mergers & Acquisitions

COSTA MESA, Calif. (BRAIN) — The National Bicycle Dealers Association is proposing that dealers, distributors and manufacturers get together to form a "Twenty Group" — a group that meets regularly to share information and best practices with the goal of improving each member's business and raise the bar for the enti

COSTA MESA, Calif. (BRAIN) — Retailers can apply online now to be included in the National Bicycle Dealers Association America's Best Bike Shops 2016 awards. Applications are being accepted through March 31.

WOODS CROSS, Utah (BRAIN) — Online seller Bikewagon of North Salt Lake, Utah, has been acquired by winter sports retailer L9 Sports. 

LAGUNA HILLS, Calif. (BRAIN) — Pricey niche bikes — everything from plus-sized mountain bikes to gravel road bikes — helped power increases in dollars and units at bike shops last year, according to stats from the Bicycle Product Suppliers Association.

PHOENIX (BRAIN) — Randy and Sally Pittaluga, owners of six shops in the Phoenix market, have rebranded their Bikes Direct store in Mesa as BikeMasters Mesa. The Pittalugas have also opened a second BikeMasters location in Mesa in the former DNA Cycles store site on North Power Road.

LONGMONT, Colo. (BRAIN) — The planning phase of Bicycle Retailer's second Retail Remodel Project is well underway at Bike-n-Hike in Longmont.

Tagged BRAIN News

LOS ANGELES (BRAIN) — Husband and wife team Chase and Tami Spenst recently opened The Wheelhouse, a full-service bike shop and café, in the Los Angeles Art District.

Successful selling is a transfer of enthusiasm, not a transfer of product knowledge.

ANAHEIM, Calif. (BRAIN) — Triathlon Business International and Slowtwitch.com have announced the Top 50 Multisport Retailers in the U.S.

Tagged Awards / Triathlon Business Conference
Moto industry execs share challenges and opportunities.
Moto industry panelists (left to right) Eric Anderson, Scot Begovich, George Gatto and Robert Pandya.

TEMPE, Ariz. (BRAIN) — Motorcycle industry experts offered a glimpse of the challenges and opportunities in their market to a crowd of 250 bike industry members attending the IBD Summit this week in Tempe, Ariz.

Tagged IBD Summit

BOULDER, Colo. (BRAIN) — As of Jan. 1, Full Cycle Bikes, one of Boulder's oldest bike shops, has changed hands. Russ Chandler and business partners Ed Kuh and Adam Brodnicki bought the business from Kaj and Karli Gronholm, who owned it for 10 years.

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