Retail News

SPRINGFIELD, MA (BRAIN)—Ski Market sold last Friday to a restructuring and advisory firm that plans to liquidate the retailer’s remaining assets by the end of March, and close its last seven locations, according to an order filed in U.S. bankruptcy court.

BY NICOLE FORMOSA

BY ALAN COTÉ

SHANGHAI, China (BRAIN)—Rocket Science Sports has opened the doors to its first flagship store and showroom in the Chinese city of Shanghai.

NORWALK, CT (BRAIN)—REI is opening a new store opening this fall in Norwalk, Connecticut. The one-story, 24,000-square-foot store will be REI's second in Connecticut, joining a location in West Hartford, CT, which opened in 2007.

BOULDER, CO (BRAIN)—As part of the 2010 Selling Cycling staff training program, Growth Cycle has produced The 71% Solution, a 15-minute video (click on link) that helps shop staff better relate to the needs of non-enthusiast consumers.

UPPER ARLINGTON, OHIO (BRAIN)—Roll will expand and relocate one of its three locations this spring in order to better serve the Columbus, Ohio market.

HUNTINGTON BEACH, CA (BRAIN)—Surf City Cyclery has opened its doors as a new Specialized Concept Store in Costa Mesa, California.

WESTPORT, MA (BRAIN)—Village Bicycle has closed its doors. Owner James LeBelle made the announcement on the company's Web site, citing "the tough economy."

WILLIAMSBURG, VA (BRAIN)—If the 2009 holiday season is any indication of what this year holds for the IBD, things could be looking up. And you might be surprised what the big sellers were for them this December.

DEARBORN, MI (BRAIN)—Tom Demerly says the story of his Bikesport Michigan closing after 17 years in business is not one of doom and gloom, but rather of necessary and hard learned adaption that can provide important insights to other retailers.

HYATTSVILLE, MD (BRAIN)—Arrow Bicycle owners Chris Militello and Chris Davidson were recognized on Dec. 7 with the 2009 Hyattsville Volunteer Service Award for their commitment to community outreach and bicycle safety.

DEARBORN, MI (BRAIN)—Michigan retailer Bikesport, Inc. has closed its doors citing a long list of reasons including a reserve account imposed by its credit card processor that took $60,000 out of the store’s operating cash flow.

DENVER, CO (BRAIN)—Bicycle Village has tapped Felt, Scott, Look, Cervélo and Gary Fisher to fill in the floor space opened up by the Colorado chain’s impending split with Specialized.

CEDAR RAPIDS, IA (BRAIN)—Retailers throughout the Midwest are feeling the effects of a powerful storm that ripped through California and the West Coast on Monday.

SCOTTSDALE, AZ (BRAIN)—Tribe Multisport, the valley’s largest bike shop focusing on Triathlon equipment and Multisport training, is relocating its 9,000 sq. ft. full service bike shop and training center.

LOS GATOS, CA (BRAIN)—One of the biggest bike dealers on the West Coast is getting even bigger on December 12 when Mike’s Bikes opens the doors at their new store in Los Gatos, California, designed in partnership with Specialized Retail Services.

BLOOMINGTON, MN (BRAIN)—The Hub Bicycle Co-Op in Minneapolis has contracted the QBP ReTale Program to design a bike-commuter store in the new University of Minnesota (U of M) Bike Center.

Tagged Distributor news

SANTA ROSA, CA (BRAIN)—Santa Rosa's The Bike Peddler has opened its doors as a Specialized fixture rewards store.

An official grand opening is schedule for this Saturday.

AKRON, OH (BRAIN)—Given today's difficult economic climate, small business ownership represents a challenging endeavor for anyone, much less a young, untested entrepreneur.

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