Retail News
DENVER, CO (BRAIN)—As of March 1, non-Colorado based retailers selling to Colorado customers must keep records on how much sales tax those Coloradans owe the state.
ALEXANDRIA, VA (BRAIN)—The phone was ringing off the hook on Friday at Bicycle Pro Shop in Alexandria, Virginia, and Eric Westerman, manager of the two-year-old shop, didn’t expect it to relent heading into the weekend. Customers are booking appointments for tune-ups.
LAKELAND, FL (BRAIN)—The Trek Bicycle Store in Lakeland, Florida, has shuttered after seven years in operation. The shop was the first retailer-owned Trek Concept Store to open back in November 2002, shortly after the Wisconsin-based bike manufacturer introduced its concept store model.
RANCHO CUCAMONGA, CA (BRAIN)—InCycle opened its fourth Southern California shop last Friday in Rancho Cucamonga at the base of the San Gabriel Mountains in San Bernandino County.
InCycle Inc. purchased the prime 5,500-square-foot Foothill Blvd location for $1.06 million back in January.
Retail
BY MATT WIEBE
ALBUQUERQUE, NM—Imagine starting a bike shop in the midst of the worst recession since the Great Depression, without the help of bankers and as a young 20-year-old with little to no retail experience.
ALEXANDRIA, VA (BRAIN)—Snowmageddon, Snowpocalypse, call it what you will—many east coast and southern retailers have never been rocked by winter’s white teeth like this before.
MILWAUKEE, WI (BRAIN)—The James Group will launch a new point of sale merchandising system for bicycles and after market products called the M6 on March 1.
NEWBURY PARK, CA (BRAIN)—During the build-out of his new Giant Brand Store in El Paso, Texas, Crazy Cat Cyclery owner Roberto Barrio said, "I’m a really good bike guy, but I’m not a very good merchandising guy. I learned so much from Giant about how to layout a store.”
CUPERTINO, CA (BRAIN)—Doug Dixon, who stole $88,000 worth of inventory from Northern California's Cupertino Bike Shop over a two-year period and sold it on eBay, was sentenced Thursday to eight months in Santa Clara County Jail.
SPRINGFIELD, MA (BRAIN)—Ski Market sold last Friday to a restructuring and advisory firm that plans to liquidate the retailer’s remaining assets by the end of March, and close its last seven locations, according to an order filed in U.S. bankruptcy court.
SHANGHAI, China (BRAIN)—Rocket Science Sports has opened the doors to its first flagship store and showroom in the Chinese city of Shanghai.
NORWALK, CT (BRAIN)—REI is opening a new store opening this fall in Norwalk, Connecticut. The one-story, 24,000-square-foot store will be REI's second in Connecticut, joining a location in West Hartford, CT, which opened in 2007.
BOULDER, CO (BRAIN)—As part of the 2010 Selling Cycling staff training program, Growth Cycle has produced The 71% Solution, a 15-minute video (click on link) that helps shop staff better relate to the needs of non-enthusiast consumers.
UPPER ARLINGTON, OHIO (BRAIN)—Roll will expand and relocate one of its three locations this spring in order to better serve the Columbus, Ohio market.
HUNTINGTON BEACH, CA (BRAIN)—Surf City Cyclery has opened its doors as a new Specialized Concept Store in Costa Mesa, California.
WESTPORT, MA (BRAIN)—Village Bicycle has closed its doors. Owner James LeBelle made the announcement on the company's Web site, citing "the tough economy."
WILLIAMSBURG, VA (BRAIN)—If the 2009 holiday season is any indication of what this year holds for the IBD, things could be looking up. And you might be surprised what the big sellers were for them this December.
DEARBORN, MI (BRAIN)—Tom Demerly says the story of his Bikesport Michigan closing after 17 years in business is not one of doom and gloom, but rather of necessary and hard learned adaption that can provide important insights to other retailers.
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