Retail News

Merchandising experts share tips on operating an IBD during a pandemic.

Tagged Coronavirus
Owner has fun with group upset that Vitesse Cycle Shop is considered an essential business.

NORMAL, Ill. (BRAIN) — Bike retailer Chris Koos figured the best way to diffuse the protest of his shop was offering an exclusive sale.

Tagged Coronavirus

SAN CLEMENTE, Calif. (BRAIN) — Hardstreet, a motorcycle accessory company, is offering a variety of shatterproof counter shields for bike retailers looking to operate safely during the COVID-19 pandemic.

Tagged Coronavirus

KENT, Wash. (BRAIN) — REI Co-op will open some of its 162 stores on a limited basis this week after closing two months ago because of the COVID-19 pandemic.

According to the latest NPD report, trainer and stationary bike sales post triple-digit increases.

PORT WASHINGTON, N.Y. (BRAIN) — Sales of cycling indoor trainers and rollers grew nationally by 268% year-over-year in March, and recreational and children's/BMX bike sales also increased as the COVID-19 pandemic led to states issuing stay-at-home orders.

BOULDER, Colo. (BRAIN) — For our May magazine edition, we asked our State of Retail panel members: “How has your business been affected by COVID-19 so far? What steps are you taking to weather the storm as the pandemic continues?”

Tagged From the Magazine

PITTSBURGH (BRAIN) — In areas where local guidelines and public health considerations allow, some Dick's Sporting Goods stores in 26 states are reopening with social distancing measures in place during the COVID-19 pandemic.

Tagged Coronavirus

We've told many stories of shops that remain open, here are four stories of shops that have closed, whether due to government mandate or personal choices.

WATERLOO, Wis. (BRAIN) — Sound financial advice is at a premium these days for bicycle retailers trying to survive the COVID-19 pandemic, and Andrew St. Clair has some to give.

Tagged Coronavirus
Specialized founder Mike Sinyard: "I think it will stick."

NEW ORLEANS (BRAIN) — From Louisiana to Long Island, Portland to Orlando, many retailers are reporting stellar bike sales and service during the COVID-19 pandemic.

BOULDER, Colo. (BRAIN) — In the newest Bicycle Retail Radio podcast from the National Bicycle Dealers Association, Lester Binegar, the general manager of University Bikes in Boulder, talks with Ray Keener about shop operations during the COVID-19 response.

Tagged Coronavirus / Podcast
Burke says he's uncertain about a lot of things but optimistic about the bicycle's future. And he thinks we'll all know a lot more in a couple months.
John Burke

WATERLOO, Wis. (BRAIN) — Trek president John Burke says "The big question for the industry is: What's going to happen as we exit this?"

Tagged Coronavirus

BROOMFIELD, Colo. (BRAIN) — Vail Resorts, the ski resort, real estate and retail giant, told Colorado officials Wednesday that it has furloughed 65 employees at its Bicycle Village stores in Aurora, Boulder and Littleton, Colorado.

Tagged Coronavirus

PITTSBURGH (BRAIN) — Dick’s Sporting Goods will furlough “a significant number” of employees beginning April 12, the company said in a statement to investors.

Tagged Coronavirus
Patience and persistence needed when applying for SBA's PPP loan, official says.

WASHINGTON (BRAIN) — Steve White urges patience and persistence during the rollout of the Paycheck Protection Program that authorizes billions of dollars in forgivable small-business loans for retailers affected by the COVID-19 pandemic.

Tagged Coronavirus

KENT, Wash. (BRAIN) — REI Co-op will begin a 90-day furlough for "the majority" of its retail and field employees starting April 15, said Eric Artz, president and CEO, in an email on Monday night to co-op members.

Tagged Coronavirus
Would you trade a tube for hand sanitizer?
Mac McCabe is adjusting to difficult times with a sense of humor.

FRANKLIN, Tenn. (BRAIN) — Mac McCabe won't complain.

"I have a really good time doing what I do," said the owner of Mac's Harpeth Bikes for the past 11 years. "I'm not going to bitch and gripe about how shitty our margins are or any of that nonsense."

Tagged Coronavirus
New interactive map has the details.
Retailers can still submit their information for free.

WASHINGTON (BRAIN) — A program authorizing billions of dollars in forgivable small-business loans hit major snags on Friday, after final Treasury Department guidance went out late Thursday combined with application issues to hinder the process.

Tagged Coronavirus
Epic Cycles owner Allan Hightower, right, with mechanic Alonso Gutierrez.

BLACK MOUNTAIN, N.C. (BRAIN) — One North Carolina retailer expressed his thoughts in a letter to his suppliers about how COVID-19 has affected his business, and shared a glimpse with BRAIN about how his 1,600 square-foot downtown location is weathering an economic and humanitarian crisis.

Tagged Coronavirus

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