Retail News

SEATTLE (BRAIN) — Specialty outdoor retailer and member co-op REI has reported record annual sales of $2 billion for 2013. According to its year-end earnings statement, the company's sales were up 5.9 percent from $1.9 billion in 2012.

Tagged Earnings/Financial Reports

PARK CITY, Utah (BRAIN) – Online retailer Backcountry.com is launching its first pro mountain bike team. The four-person squad will race in cross-country and stage races across North America this year. The team also expects to compete at the Mongolian Bike Challenge.

Tagged Racing & Sponsorship

LINCOLN PARK, Mich. (BRAIN) — Retailer Don Van Cleave, better known to many as "Bicycle Don," died Sunday at age 56 of bladder cancer.

Tagged People
Fred Boykin (center) was recognized for his commitment to bicycle advocacy.

ATLANTA (BRAIN) — When retailer Fred Boykin attended the Atlanta Bicycle Coalition's annual Blinkie awards ceremony last month, he did not expect to receive an award—let alone have one named for him.

SHERIDAN, Colo. (BRAIN) — Denver-area triathlon retailer KompetitiveEdge has new ownership.

Former store manager Ryan Stedeford is taking full ownership of the store as of April 1 from previous owner Rob Runyon. 

Storm Cycles' co-owners Juan Patterson (left) and Todd Henneman (right).

PARK CITY, Utah (BRAIN) — With a combination of nearly 500 miles of single track and an extensive network of rural paved and gravel roads, the snow sports mecca of Park City, Utah, has also become a popular cycling destination.

BROOKLYN, N.Y. (BRAIN) — Champion System is setting up a custom cycling and triathlon clothing ordering system through Performance Bicycle's website.

Champion System will facilitate the design, ordering and delivery process through PerformanceBike.com.

COSTA MESA, Calif. (BRAIN) — Wish you could see what brands have the best shipping terms, order accuracy or margins? Or want to inform your current supplier about where they can improve?

BOULDER, Colo. (BRAIN) — While total merchandise sales at IBDs were off 1 percent in January compared to the same month a year ago, complete bike sales bucked the downward trend, according to the latest figures from Leisure Trends RetailTrak.

WILTON, Conn. (BRAIN) — Guru will provide an overview of its Guru Fit System during two webinars, March 12 and March 26, open to all retailers.

FORT COLLINS, Colo. (BRAIN) — TJX Companies Inc., which bought outdoor discounter Sierra Trading Post in 2012, is planning to expand STP’s brick and mortar business. 

Tagged Earnings/Financial Reports

MEMPHIS, Tenn. (BRAIN) — Peddler Bike Shop's flagship store, founded in 1971, will move to a new and bigger location across the street by May 1. The retailer has also opened a third store just south of the city and across the border in Southhaven, Miss.

Spendid Cycles' Portland store.

PORTLAND, Ore. (BRAIN) — Since it opened in 2010, Splendid Cycles has become one of the largest cargo bike retailers in the country, and the biggest U.S. distributor for Danish cargo brand Bullitt by Harry vs Larry.

Tockman (right) with a friend and her new Public Bike.

NEW ORLEANS (BRAIN) — When Marin Tockman moved from New York to New Orleans in 2010, one of the first things she noticed about the city's bike scene was a lack of shops that made serving women a priority.

NEW YORK CITY (BRAIN) — Rapha's Cycle Club New York store is hosting an exhibition of Greg LeMond memoribilia, which opened with a VIP party attended by Greg LeMond last Thursday.

Despite continuing winter storms, the event was packed, Rapha's Chris DiStefano said. 

PITTSBURGH, Pa. (BRAIN) — Dick's Sporting Goods has reported that fourth quarter 2013 consolidated same-store sales exceeded the company's predictions. As a result, Dick's has increased its fourth quarter and full year 2013 expectations.

Tagged Earnings/Financial Reports
BRAIN Dealer Tour Report: Day 3
Fritz's Skate Bike & Surf opened in 1989 to sell and rent Rollerblades.

MIAMI BEACH, Fla. (BRAIN) — On the final day of the BRAIN Dealer Tour, our group rode through downtown Miami — past skyscrapers, the Miami Heat's American Airlines Arena and across the yacht-strewn Venetian Causeway — on our way to South Beach. The area has seen commercial rent prices skyrocket.

Tagged BRAIN Dealer Tour
BRAIN Dealer Tour Report: Day 2
The sign is a landmark, but Mack's doesn't sell Schwinns.

SOUTH MIAMI, Fla (BRAIN) — From the sunny parking lot of Mack Cycle & Fitness, Mary Jane Mark points across Sunset Drive, the street where more than a half century ago her father built a store that is now a local landmark.

Tagged BRAIN Dealer Tour

MIAMI (BRAIN) – Rolling from The Mutiny Hotel in Coconut Grove on a balmy 75-degree morning, the BRAIN Dealer Tour immediately got a taste of what cycling in Miami is like.

Tagged BRAIN Dealer Tour

OAKLAND, Calif. (BRAIN) — Hydrapak has brought aboard eight sales agencies as the maker of hydration packs and bottles prepares for an expansion into specialty outdoor and running retail.

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