Retail News

PITTSBURGH (BRAIN) — Dick's Sporting Goods said it has agreed to acquire the specialty outdoor retailer Moosejaw from Walmart.

Tagged Mergers, Acquisitions & Investments
Moves into Motion Makers space after Specialized closes location.

CHEROKEE, N.C. (BRAIN) — Brett Hackshaw and Ben King always have wanted to test the "beer, gear, and bikes" business model, and after Specialized closed the Motion Makers Bicycle Shop location here in January, they soon will have that opportunity.

CLEVELAND (BRAIN) — After REI Co-op’s Beachwood suburb store employees walked off the job minutes before their shifts Friday morning, the store agreed to terms with the union to hold an election.

CLEVELAND (BRAIN) — REI Co-op and the Retail, Wholesale and Department Store Union failed to agree on a contract to hold an election at REI's Beachwood, Ohio, store last week. The National Labor Relations Board scheduled a hearing Friday.

LOUISVILLE, Colo. (BRAIN) — The Pro's Closet bills its pilot store here as "The Denver metro area's largest bike shop."

LOUISVILLE, Colo. (BRAIN) — The Pro's Closet has made its second round of layoffs in the past three months on Thursday, the result of continued economic headwinds facing the cycling industry.

Meet BRAIN's 2023 State of Retail Panel, representing nine shops with 223 combined years in business.

DUBAI, United Arab Emirates (BRAIN) — A newly opened bike shop is now the UAE's exclusive Cannondale distributor.

The Cyclery in Dubai was opened by the Emsons Group, a family-owned business with roots in the UAE for more than 100 years.

WILMINGTON, Del. (BRAIN) — A bankruptcy court is auctioning the remaining assets of CleverTraining, an e-commerce site that once offered cycling, triathlon and other endurance sports gear. Also being auctioned are the assets of Olympia Sports, the former Northeast sporting goods retailer. 

Joe Elam.

BOULDER, Colo. (BRAIN) — For our December magazine edition, we asked our State of Retail panel members: What plans and predictions do you have for your business in 2023?

Tagged State of Retail / From the Magazine
Angela Wright in the Park City store.

PARK CITY, Utah (BRAIN) — Bingham Cyclery, a 60-year-old Salt Lake City retail mainstay, is opening a location in Park City to serve a growing e-bike market.

It's Bingham's fifth location and its first in Summit County. It will stock e-bikes exclusively.

Tagged Electric bike
Photo credit — Carroll Fire News

WESTMINSTER, Md. (BRAIN) — White's Bicycles owner Bradley White was killed when his shop caught fire early Monday morning. He was 55.

Photo from Steven Pringle's GoFundMe page.

KINGSFORD, Mich. (BRAIN) — Steven Pringle, the owner and operator of Build a Bicycle and Bicycle Therapy in Michigan's Upper Peninsula, died Nov. 23 in an auto accident in Florida. Pringle was driving to deliver free bikes to kids who were displaced by Hurricane Ian.

GREENVILLE, S.C. (BRAIN) — E-commerce retailer Glory Cycles is in the process of closing but many customers are still waiting for products or refunds, including a New York retailer who says he never received a fork he ordered to complete a custom bike build.

Pedego Electric Bikes Fort Myers donates e-bike to the police department nearly a week after it is given a temporary home.
Pedego Electric Bikes Fort Myers gave the police a $2,400 Element e-bike.

FORT MYERS, Fla. (BRAIN) — Despite the hardships of losing her store to Hurricane Ian in October, Lisa Badolato said it was time to thank the Fort Myers Police Department.

Tagged Electric bike

SANTA FE, N.M. (BRAIN) — The annual bicycle-inspired food drive Cranksgiving will be in full swing this weekend with 43 events scheduled across the U.S.

Elevation Cycles' Highlands Ranch location, soon to become a Mike's Bikes.

NOVATO, Calif. (BRAIN) — Mike's Bikes, which is Pon.Bike's North American retail wing, will give its name to the four Denver-area Elevation Cycles locations it bought in May.

Larry Loiselle

LIVONIA, Mich. (BRAIN) — Lawrence "Larry" Loiselle died Oct. 12 at age 74. Loiselle grew up in the family business, Jerry's Bicycles, and later owned and operated Livonia Schwinn Bicycle and Fitness Center. He was president of the National Bicycle Dealers Association for several years.

Olsen and Pearson. Photo by Jay Hemphill.

SILVER CITY, N.M. (BRAIN) — The cycling and business community in this small city in southwestern New Mexico have been devasted by the deaths of the husband and wife who owned and ran the Gila Bike & Hike, a long-standing local bike shop.

The Fetzer family retiring after 42 years of ownership.

JACKSONVILLE, Fla. (BRAIN) — Trek Bicycle Company has purchased longtime shop LakeShore Bicycles. LakeShore Bicycles owner Charlie Fetzer made the announcement on his Facebook page Thursday.

Tagged Mergers, Acquisitions & Investments


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