SEATTLE (BRAIN) – Outdoor retailer REI has reported record revenue of $2.2 billion dollars for 2014, up 9.9 percent from 2013. It also reported the highest ever dividend payout, returning $168 million to its 5.5 million active co-op members last year.
WACO, Tex. (BRAIN) – Texas Endurance Sports, which operates five Bicycle World and BW Multi-Sport Pro Shop retail locations throughout the state, has completed a merger with Austin multisport retailer Jack Murray, owner of Jack & Adam’s Bicycles.
WINDEMERE, Fla. (BRAIN) — G3 Development Group and The Bike Cooperative will offer Co-op members a webinar Thursday on retail best practices.
AUSTIN, Texas (BRAIN) — Longtime bike retailer Jack Murray, owner of Jack & Adam’s Bicycles, recently opened his second bar in Austin.
BALTIMORE (BRAIN) — World champion mountain biker Marla Streb has announced that she will open HandleBar Cafe and Bike Shop with her husband, Mark Fitzgerald, in Baltimore this summer.
SEATTLE (BRAIN) — REI has been named to Fortune magazine’s list of the 100 Best Companies to Work For an 18th consecutive year. Ranked No. 58, REI is one of five companies listed annually since the recognition began in 1998, and one of three companies headquartered in Washington state.
COSTA MESA, Calif. (BRAIN) — The National Bicycle Dealers Association has opened up applications for its annual list of America’s Best Bike Shops.
ATLANTA (BRAIN) — The second day of BRAIN's Dealer Tour of Atlanta took BRAIN editors, tour sponsors and guests on a hilly 36-mile route as we visited four shops.
ASHEVILLE, N.C. (BRAIN) — The Mann Group has added Mercedes Ross from Merchandising Werxs as an adjunct professor for the March session of its Mann University retail education program.
ATLANTA (BRAIN) — The 2015 Dealer Tour of Atlanta got underway Tuesday as BRAIN editors, tour sponsors and guests visited four bike shops and one running retailer in Atlanta and Decatur, Ga.
INDIANAPOLIS (BRAIN) — Silca has expanded options for its wooden countertop displays and is offering retailers a seasonal margin boost on the sets with its “Spruce Up for Spring” program.
SEATTLE (BRAIN) — REI now has Ghost bikes available at its stores and its website.
MIAMI (BRAIN) – Two Wheel Picker bike shop in Miami has moved into a larger location with better visibility. The new location is 20 percent larger than the old one.
LAGUNA HILLS, Calif. (BRAIN) — Now Bikes and Fitness of St. Paul, Minn., has been chosen as the recipient of BRAIN's Retail Remodel Project. The inaugural project will illustrate the power of retail design and merchandising through the makeover of a bike shop.
LOS ALTOS, Calif. (BRAIN) — An employee at the Bicycle Outfitters store here was a key player in the quick recovery of two rare road bikes stolen from the Specialized headquarters in Morgan Hill, Calif., early this week.
CHICAGO (BRAIN) – SRAM is launching a new all-in-one merchandising system designed to help retailers better display its road and mountain bike products.
NEWTON, Mass. (BRAIN) – Landry's Bicycles has purchased the assets of longtime Boston-area retailer International Bicycle Centers following the closure of IBC's two stores in early January.