Retail News

Annual food drive has half as many events as last year.

SANTA FE, N.M. (BRAIN) — The annual bicycle-inspired food drive known as Cranksgiving will have fewer events this year as a result of the COVID-19 pandemic. Just over 50 events are scheduled in North America, compared to a record 112 last year with more than one million meals provided.

Parisians are turning to bikes for commuting instead of public transportation. Photo: James Startt

As much of Europe hunkers down as it struggles with a hard-hitting second wave of the coronavirus, in cities like Paris, bike shops are a playing key role in keeping the metropolis alive and moving.

Last year, 119 bike shops participated in 35 states and seven countries.

BROOKLYN, N.Y. (BRAIN) — Like most retailers, Joe Nocella has had his hands full with navigating the COVID-19 pandemic and the sales and service boom that began earlier this year.

BLOOMINGTON, Minn. (BRAIN) — Erik's Bike Board and Ski is moving its headquarters from Bloomington to the Minneapolis University neighborhood this month.

BIG FLATS, N.Y. (BRAIN) — Stan's NoTubes officially is expanding into the off-road outdoor equipment market with its tubeless sealant.

BOULDER, Colo. (BRAIN) — For our November magazine edition, we asked our State of Retail panel members: “What long-term changes have you made to your business as a result of COVID-19?”

Tagged State of Retail / From the Magazine
The multi-sport e-commerce brand with a growing dealer network will move to a 200,000-square-foot distribution center outside of LA in early 2021.
With bike sales leading the way, Retrospec will expand footprint.

LOS ANGELES (BRAIN) — With product line and revenue growing, it was only a matter of time before Retrospec grew out of its Los Angeles home.

LAWRENCE, Kan. (BRAIN) — Sunflower Outdoor & Bike Shop, a nearly 50-year-old retailer in downtown Lawrence, has added a cafe that offers coffee, beer and snacks, as part of store redesign that adds more space for customers to socialize — while maintaining some social distance.

FORT LAUDERDALE, Fla. (BRAIN) — Sam Nehme might own Broward Motorsports, but he's a mountain biker at heart.

"I've always been on a Specialized, and I really wanted to have the full line (of bikes) and be a full-on store," Nehme said.

Tagged Electric bike

SEATTLE (BRAIN) — REI Co-op will expand its used gear and apparel sales and trade-in program with the creation of two standalone stores opening this month.

Ridepander co-owners Chinmay Malaviya, left, and Charlie Depman.

SAN FRANCISCO (BRAIN) — Long before Chinmay Malaviya and Charlie Depman met and formed an online marketplace for electric vehicles, they worked for environmental nonprofits in India and China. Their passion to reduce pollution and slow climate change led to a partnership to create Ridepanda.

Tagged Electric bike
Voltaire Cycles now has three franchise locations.

BEND, Ore. (BRAIN) — Voltaire Cycles will open its third e-mobility franchise — this one in Bend, Oregon — offering road and off-road personal electrical vehicles for rent and purchase.

Tagged Electric bike
EBC founder Sean Lupton-Smith.

HUNTINGTON BEACH, Calif. (BRAIN) — Electric Bike Company, which builds electric cruiser bikes in California from imported and domestic parts, has opened what could be the first of many retail showrooms. 

Chandler in front of the new location.

BOULDER, Colo. (BRAIN) — Full Cycle is the latest retailer to announce a move off of Boulder's Pearl Street, weeks after Vecchio's Bicicletteria announced a move.

 VanMoof raised $40 million from Norwest Venture Partners, Felix Capital and Balderton Capital.

AMSTERDAM (BRAIN) — E-bike manufacturer VanMoof announced Wednesday it raised $40 million from Norwest Venture Partners, Felix Capital and Balderton Capital as it continues to expand its market share in North America, Europe, and Japan.

Tagged Electric bike
Potter in the old store.

BOULDER, Colo. (BRAIN) — Vecchio's Bicicletteria, known globally as a picturesque retro-styled roadie hangout, is getting ready to move from the location on Boulder’s Pearl Street it has occupied since its founding in 2000.

BOULDER, Colo. (BRAIN) — SNEWS, a Pocket Outdoor Media title that covers the outdoor industry, is conducting its annual survey of outdoor sports retailers, including bike retailers.

Participants in the online survey are eligible to win a $500 gift card.

BOULDER, Colo. (BRAIN) — For our September magazine edition, we asked our State of Retail panel members: "How has the pandemic affected your business expenses?"

Tagged Coronavirus / State of Retail / From the Magazine
VanMoof's new Seattle store.

SEATTLE (BRAIN) — The Dutch e-bike brand VanMoof has opened a new company-owned retail store in Seattle, its third location in the U.S.

Tagged Electric bike

CONCORD, N.H. (BRAIN) — Following its purchase by Trek Bicycle, New Hampshire's Goodale's Bike Shops will retain the 100-year-old name, former owner Brad Hill has told the local newspaper.

Tagged Mergers & Acquisitions

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