Retail News

COSTA MESA, Calif. (BRAIN) — The National Bicycle Dealers Association has hired SJE Productions to assist with a number of marketing efforts in 2016.

The eBay seller plans a national trade-in program for bike shops.
TPC plans a national roll-out of its Trade-Up program.

BOULDER, Colo. (BRAIN) — The Pro's Closet's founders have sold a minority stake in the company to the investment firm Range Light LLC for $2.5 million and are preparing to launch its used bike trade-in program nationally.

COSTA MESA, Calif. (BRAIN) — The National Bicycle Dealers Association says the lawsuit between a Florida retailer and Giant Bicycle shows that many dealer agreements are one-sided or poorly understood. 

AUSTIN, Texas (BRAIN) — More than 1,200 people have already joined a new Facebook group that provides a forum for bike shop mechanics and could lead to the formation of an association. 

HAMTRAMCK, Mich. (BRAIN) — Wheelhouse Detroit Bike Shop will open its second location in May, at 9401 Joseph Campau Street in Hamtramck, a community about five miles north of downtown Detroit. The first store, which opened in 2008, is located in Detroit's Rivertown area.

COSTA MESA, Calif. (BRAIN) —  With one week until the application deadline of March 31, dealers are applying in record numbers to be considered as one of America's Best Bike Shops.

BURBANK, Calif. (BRAIN) — Pure Fix, which sells bikes online and through more than 400 brick-and-mortar retailers in the U.S., is now offering online bike buyers three ways to get their bike.

Tagged Omnichannel & Consumer Direct Sales

DENVER (BRAIN) — High-end bike brand Guerrilla Gravity, previously sold exclusively consumer direct, is launching a dealer sales program it calls Shop Direct.

The program allows consumers to order complete custom GG bikes from participating brick-and-mortar stores. 

Tagged Omnichannel & Consumer Direct Sales

VANCOUVER, British Columbia (BRAIN) — Mobile bike shop Velofix is expanding to 41 locations with the addition of franchises in Canada and across the U.S.

SEATTLE (BRAIN) — REI posted record revenues last year. The outdoor specialty retailer reported $2.4 billion in annual revenues in 2015, a 9.31 percent increase from $2.2 billion in 2014.

Tagged Earnings/Financial Reports
G&O Family Cyclery is the building on the right.

SEATTLE (BRAIN) — G&O Family Cyclery, a three-year-old retailer that specializes in cargo and family transportation bikes, was damaged by an early morning blast Wednesday that destroyed three adjacent businesses in Seattle's Greenwood neighborhood.

UPDATE: Retailer also joins Outdoor Industries Women's Coalition.

CHAPEL HILL, N.C. (BRAIN) — Performance Bicycle is expanding to South Carolina with the opening of its first store in the state at the Gallery Shopping Center in Greenville. Set to open in late spring or early summer, the new location will increase Performance's national network to 106 stores.

Tagged Advocacy/Non-profits
Retailer points to online shopping and changing consumer buying patterns for restructuring.

ENGLEWOOD, Colo. (BRAIN) — National sporting goods retailer Sports Authority has filed to restructure under Chapter 11. The move has been several months in the making, and reports of the company’s pending bankruptcy had come out in recent days.

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.


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