Retail News
CHICAGO, IL (BRAIN)—After a year away from the Chicagoland area, Turin Bicycles is back in the Windy City with a new store that will emphasize its own branded bikes, clothing and accessories.
PITTSBURGH, PA (BRAIN)—Dick’s Sporting Goods saw net income rise 10 percent to $291 million for its fiscal year ended Feb. 2 as net sales jumped 12 percent to $5.84 billion, according to the company’s 10-K filing.
KENT, WA (BRAIN) — REI increased sales by 7.4 percent to $1.93 billion in 2012 but saw net income drop 3.9 percent to $29 million due to tighter margins, according to the company’s year-end earnings statement.
SANTA FE, NM (BRAIN)—After six years in its current space, Santa Fe retailer Mellow Velo is headed downtown next month to a larger location just 100 yards off the city’s historic plaza.
TAMPA, FL (BRAIN)—Outspokin Cycles of Clearwater, Florida, has expanded to a second location with the opening of its Giant partner store in Tampa.
OAK PARK, IL (BRAIN) — Chicago triathlon specialty retailer Element Multisport is looking to serve a broader customer base with its new store, Element Cyclesport, in Oak Park, Illinois.
LAS VEGAS, NV—When you walk into the new Las Vegas Cyclery store, the pleasing aesthetics of the building are striking.The 34-foot-tall ceiling with the wooden décor gives the bike shop an open, airy feel, reminiscent of a ski lodge.
HAWLEY, PA (BRAIN) — Celebrating its 80th anniversary this year, Pennsylvania retailer Sickler’s Bike & Sport has now opened a third location, this time in a historic mill building.
MARTINSBURG, WV — Eastern Panhandle Bicycle Company has moved its flagship store to a new location with triple the floor space.
MCKINNEY, TEXAS (BRAIN) — Dallas-based triathlon retailer Playtri is expanding to a second location set to open in May that, the company claims, will be the world’s largest triathlon store.
LEWISVILLE, NC (BRAIN) — Recumbent bike retailer Neighborhood Transportation is closing after six years in business as owner Bruce Hermann contends with health issues.
BELMAR, NJ (BRAIN) — A longtime Jersey Shore shop is getting a fresh scrubbing as well as a new owner and name as DJ’s Cycles becomes Belmar Bike Shop.
BOULDER, CO (BRAIN) — Leisure Trends Group is hosting a webinar for NBDA members Wednesday to provide analytics and insights gained from ongoing tracking of monthly point of sales data from independent bicycle dealers. The one-hour webinar is being presented by Greg Shoenfeld and is free for NBDA members.
IRVINE, CA (BRAIN) — Orange County Specialized dealer Rock N Road Cyclery has opened redesigned Body Geometry Fit studios at three of its four locations, part of the retailer’s increased focus on high-end bike fitting.
ANCHORAGE, AK (BRAIN) — The owners of Anchorage retailer Chain Reaction Cycles are set to open Alaska’s first Trek concept store in March.
CHAPEL HILL, NC (BRAIN) — Performance Bicycle is plotting an aggressive growth strategy in the first half of 2013, with plans to open five stores in Florida — its first locations in the state — and one new store in Arizona.
LOS ANGELES, CA (BRAIN) — Sport Chalet on Wednesday reported disappointing earnings for its fiscal third quarter, as the company’s net loss widened to $1.9 million from $1 million a year earlier.
NEVADA CITY, CA (BRAIN) — After Armstrong was charged with doping and had his race results nullified last year, Nevada City race organizer Duane Strawser — who also owns the Tour of Nevada City Bicycle Shop and is mayor of the old Gold Rush town — was an obvious interview subject for the hordes of journalists sniffing around the story.
SAN FRANCISCO, CA (BRAIN) — The BRAIN Dealer Tour of San Francisco wrapped up Thursday with a 20-mile jaunt around the city, ably led by folks from the San Francisco Bicycle Coalition, who for the most part managed to route us around the steepest hills
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