Retail News

Mike Olson

SAN DIEGO (BRAIN) - Trek has agreed to buy at least a dozen of Mike Olson's bike shops, including the six Trek Bicycle Superstore locations in the San Diego area and in Albuquerque, New Mexico, one Nytro Multisport store in Encinitas, California, and the six-store Bike Gallery chain in the Portland area.

Tagged Mergers & Acquisitions

WASHINGTON (BRAIN) — The Biden administration is working with the U.S. Small Business Administration to address eligibility, compliance, and integrity issues while promoting transparency in obtaining first-time Paycheck Protection Program loans.

Tagged Coronavirus
Sun & Ski Sports' location in Avon, Colorado.

HOUSTON (BRAIN) — Sun & Ski Sports, the Houston-based retailer with 30 stores, is giving its employees a thank you bonus of $250-$1,500 in recognition of their work in 2020 during the pandemic. 

WASHINGTON (BRAIN) — The U.S. Small Business Administration approved about 60,000 Paycheck Protection Program loans in the first week after being reimplemented in December.

Nearly 3,000 lenders submitted applications for more than $5 billion between Jan. 11-17.

Tagged Coronavirus
Muneer Radi

BOULDER, Colo. (BRAIN) — For the debut of our new State of Retail panel, we asked each panel member to describe their business and share some thoughts about the upcoming season.

Today: Dan Shuman of Salem Cycle in Massachusetts.
Dan Shuman, Salem Cycle, Salem, Mass.

BOULDER, Colo. (BRAIN) — We touched base with 16 retailers to get their take on the 2020 season and their predictions for 2021. We'll be sharing snapshots from those interviews online over the next two weeks.

Tagged Crystal Ball
Today: Brian Hackford of Keswick Cycle in Philadelphia.
Brian Hackford, Keswick Cycle, Philadelphia, Pa.

BOULDER, Colo. (BRAIN) — We touched base with 16 retailers to get their take on the 2020 season and their predictions for 2021. We'll be sharing snapshots from those interviews online over the next two weeks.

Tagged Crystal Ball
Today: Jeff Milbauer of Valley Bike & Ski in Apple Valley, Minnesota.
Jeff Milbauer, Valley Bike & Ski, Apple Valley, Minn.

BOULDER, Colo. (BRAIN) — We touched base with 16 retailers to get their take on the 2020 season and their predictions for 2021. We'll be sharing snapshots from those interviews online over the next two weeks.

Tagged Crystal Ball
Today: Stuart Hunter of roll: bicycle company in Columbus, Ohio
Stuart Hunter, roll: bicycle company, Columbus, Ohio

BOULDER, Colo. (BRAIN) — We touched base with 16 retailers to get their take on the 2020 season and their predictions for 2021. We'll be sharing snapshots from those interviews online over the next two weeks.

Tagged Crystal Ball
Today: Hal Honeyman of The Bike Rack, St. Charles, Illinois.
Hal Honeyman, The Bike Rack, St. Charles, Ill.

BOULDER, Colo. (BRAIN) — We touched base with 16 retailers to get their take on the 2020 season and their predictions for 2021. We'll be sharing snapshots from those interviews online over the next two weeks.

Tagged Crystal Ball
Tomias Hinchcliff of Genesis Bicycles in Easton, Pennsylvania.
Tomias Hinchcliff, Genesis Bicycles, Easton, Pa.

BOULDER, Colo. (BRAIN) — We touched base with 16 retailers to get their take on the 2020 season and their predictions for 2021. We'll be sharing snapshots from those interviews online over the next two weeks.

Tagged Crystal Ball

CAMBRIDGE, Mass. (BRAIN) — SmartEtailing is suing a Massachusetts bike store, CrimsonBikes, LLC. The website developer is charging that CrimsonBikes fraudulently told customers to ask their credit card company for refunds for undelivered bikes. A payment service is holding SmartEtailing liable for $400,000 in chargebacks.

WASHINGTON (BRAIN) — The Paycheck Protection Program will resume offering loans to new and some existing borrowers on Jan. 11.

Tagged Coronavirus
Today: Ilene and Eric Marcos of Bicycle World in Mt. Kisco, N.Y.
 Ilene and Eric Marcos, Bicycle World, Mt. Kisco, N.Y.

BOULDER, Colo. (BRAIN) — We touched base with 16 retailers to get their take on the 2020 season and their predictions for 2021. We'll be sharing snapshots from those interviews online over the next two weeks.

Tagged Crystal Ball
Today: Scott Cowan of Century Cycles in Cleveland.
Scott Cowan, Century Cycles, Cleveland, Ohio

BOULDER, Colo. (BRAIN) — We touched base with 16 retailers to get their take on the 2020 season and their predictions for 2021. We'll be sharing snapshots from those interviews online over the next two weeks.

Tagged Crystal Ball
Today: Evan Robinson of Steady State Cycles in Pittsburgh.
Evan Robinson, Steady State Cycles, Pittsburgh, Pa.

BOULDER, Colo. (BRAIN) — We touched base with 16 retailers to get their take on the 2020 season and their predictions for 2021. We'll be sharing snapshots from those interviews online over the next two weeks.

Tagged Crystal Ball
Today: Chris Koos of Vitesse Cycle in Normal, Illinois.
Chris Koos, Vitesse Cycle, Normal, Ill.

BOULDER, Colo. (BRAIN) — We touched base with 16 retailers to get their take on the 2020 season and their predictions for 2021. We'll be sharing snapshots from those interviews online over the next two weeks.

Tagged Crystal Ball
Today: Charlie Fetzer of LakeShore Bicycles in Jacksonville, Florida.
 Charlie Fetzer, LakeShore Bicycles, Jacksonville, Fla.

BOULDER, Colo. (BRAIN) — We touched base with 16 retailers to get their take on the 2020 season and their predictions for 2021. We'll be sharing snapshots from those interviews online over the next two weeks.

Today: Mike Jacoubowsky, the owner of Chain Reaction in Redwood City, California.
Mike Jacoubowsky, owner, Chain Reaction, Redwood City, Calif.

BOULDER, Colo. (BRAIN) — We touched base with 16 retailers to get their take on the 2020 season and their predictions for 2021. We'll be sharing snapshots from those interviews online over the next two weeks.

Tagged Crystal Ball
Today: David Howard of Pedal the Peaks in Durango, Colorado.
David Howard, Pedal the Peaks, Durango, Colo.

BOULDER, Colo. (BRAIN) — We touched base with 16 retailers to get their take on the 2020 season and their predictions for 2021. We'll be sharing snapshots from those interviews online over the next two weeks.

Tagged Crystal Ball

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