Retail News

Today: Larry Black of Mt. Airy Bicycles in Maryland.
Larry Black, Mt. Airy Bicycles, Mt. Airy, Md.

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: Rich Sherman of Now Bikes in St. Paul, Minn.
Rich Sherman, Now Bikes, St. Paul, 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

RICHLAND, Wash. (BRAIN) — Charles Conte has the bike business in his family tree. His father Charles Sr. opened a small neighborhood shop in Newport News, Virginia, in 1957. Charles started working there when he was 12, cleaning, servicing, and selling the shop's trade-ins.

Tagged From the Magazine

WASHINGTON (BRAIN) — With Congress finally agreeing to additional COVID-19 funding, retailers in need of financial assistance should begin preparing now.

Tagged Coronavirus

AUSTIN, Texas (BRAIN) — This time last year, Hill Abell was contemplating some big changes at his five Austin stores. Drastic changes.

Tagged Mergers & Acquisitions
Some retailers say this was the year to quit while they were ahead. Some are getting some help from Trek Bicycle.

FLOWER MOUND, Texas (BRAIN) — This year's bike boom left many retailers with empty shelves, bulging bank accounts, and greatly reduced debt. It also left many exhausted. More than a few have decided this was the perfect time to get out of the retail grind, one way or another.

Tagged Mergers & Acquisitions
Abell and Agnew in a photo from the store blog.

AUSTIN, Texas (BRAIN) — Hill Abell and Laura Agnew, the owners of Bicycle Sport Shop, have agreed to sell the business to Trek Bicycle. 

BOULDER, Colo. (BRAIN) — For our December magazine edition, we asked our State of Retail panel members: “How has COVID-19 affected your service department in terms of revenue, cost, hiring, and training?”

Tagged State of Retail / From the Magazine
Stanfill and Kallista at CABDA in 2018

ASHEVILLE, N.C. (BRAIN) — James Stanfill is stepping down as president of the Professional Bicycle Mechanics Assocation, a group he helped form in 2016.

Tagged Retailer education
Getty Images.

BOULDER, Colo. (BRAIN) — Bicycle retailers on the SmartEtailing platform had record-setting conversion rates, revenue per session numbers, and year-over-year sales growth on Cyber Monday.

A pre-holiday display Wednesday at Longmont (Colo.) Bicycle & Coffee Co.

LONGMONT, Colo. (BRAIN) — Bicycle online sales volume on Black Friday through Cyber Monday is projected to be higher than the surge in May, when the COVID-19 pandemic sparked the industry boom.

CHICAGO (BRAIN) — Bike Shop Day 2020 will take place after all.

Justyna Frank of Cosmic Bikes in Chicago took the organizational reins from event creator Joe Nocella of 718 Cyclery and will mark the event Dec. 5.

PITTSBURGH (BRAIN) — Dick's Sporting Goods reported third-quarter revenue increased 22.9% year-over-year led by a continued rise in e-commerce, which grew 95%, and record store sales.

Tagged Earnings/Financial Reports
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.

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