Retail News

MILWAUKEE (BRAIN) — After just over a year in business, Coast In Bikes is the first IBD in Milwaukee to add a café space to its retail store.

FOLSOM, Calif. (BRAIN) — A Trek demo trailer containing 36 high-end bikes was stolen from behind a California shop last week and was later found missing the bikes and on fire alongside a high miles away.

LAGUNA HILLS, Calif. (BRAIN) — The April 15 issue of Bicycle Retailer & Industry News, arriving in mailboxes this week, features an in-depth examination of retail bike pricing, inspired by the reduced pricing promotion announced by Giant USA last month.

Tagged BRAIN News / From the Magazine

MONTEREY, Calif. (BRAIN) — Wisconsin retailer Wheel & Sprocket and Pennsylvania-based Strategic Solutions - S2 are releasing a new analytics tool for single- or multi-store bike retailers.

La Bicicletta's Assos ProShop display.

MONTREAL (BRAIN) — Swiss clothing brand Assos has opened its first two North American shop-in-shop ProShops, with La Bicicletta in Toronto and Fresh Bikes in Arlington, Va. The brand has 17 ProShops around the world, with eight more planned to open this year.

Inventory, hot categories and more to be covered Thursday.

BOULDER, Colo. (BRAIN) — Market research group Leisure Trends will produce a free webinar on Thursday on retail trends in the IBD channel.

BOULDER, Colo. (BRAIN) — Northern California retailer Mike's Bikes has selected Ascent CRM, formerly a division of Leisure Trends, as its relationship marketing partner, driving the 11-store chain's direct-to-consumer marketing efforts.

CHICAGO (BRAIN) — Founded by two friends who share a background in both the bike and food industries, newly opened Ancien Cycles caters to lifestyle cyclists and enthusiasts alike.

Customers mingle at the grand opening party at Cadence Cyclery's new store.

HIGHLAND VILLAGE, Texas (BRAIN) — Dallas-Fort Worth area retailer Cadence Cyclery recently celebrated the opening of its second store, located 32 miles from its original location in McKinney, Texas. The new 4,000 square-foot shop opened as a Giant Partner Store in late November.

FORT MADISON, Iowa (BRAIN) — When Slipstream Cycling owner Mike Winnike began serving smoothies to customers in his shop, he had no idea how far the food side of his business would ultimately take him.

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.

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.

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

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