Retail News

PITTSBURGH (BRAIN) — Dick's Sporting Goods reported store sales increased 3.2% in the second quarter over the same period last year and raised full-year guidance.

Tagged Earnings/Financial Reports
BikeSource had three bikes stolen on July 30 in an early morning burglary.

LITTLETON, Colo. (BRAIN) — BikeSource's location here was damaged in the early morning hours of July 30 during a smash-and-grab incident. Three thieves used a stolen van to back into the entrance, and grab three bikes collectively valued at $13,000. 

BOULDER, Colo. (BRAIN) — BRAIN's retail editor, Ray Keener, is researching an article for our September issue about the role of sales reps in the industry. To get a more comprehensive picture, we're doing a 12-question survey that should take about five minutes to complete.

BERKELEY, Calif. (BRAIN) — Forget, for the moment, the environmental impact of manufacturing and the eventual disposal of products after their usable life ends. Instead consider that bikes and accessories leave factories and warehouses in boxes that seem larger than necessary, filled with mounds of plastic, foam, and zip ties made with materials increasingly known to be toxic.

718 Cyclery owner Joe Nocella has a new sign in his window.

BROOKLYN, N.Y. (BRAIN) — With cycling deaths becoming a sign of the times in New York City this year, 718 Cyclery owner Joe Nocella began shedding more light on them Friday.

That's when he posted his custom-made "days without a cycling death" sign in his Brooklyn-based shop window.

The added 25% tariffs imposed on many Chinese-made goods in May are about to impact retailers and their suppliers. These unpredictable market conditions seem likely to continue, and it’s safe to say that whatever happens, prices won’t go down. What can we do about it?

Tagged Tariffs

SAN FRANCISCO (BRAIN) — Decathlon will open its second full-sized U.S. store in November, in San Francisco's Potrero Hill neighborhood. 

VANCOUVER, British Columbia (BRAIN) — With a significant new investment from a clean technology fund, mobile service franchiser Velofix is jump-starting its growth with plans to add 30 corporate-owned vans in the U.S. and Canada in the next 12 months.

Tagged Mobile service
New store at Ballpark Commons replaces long-standing Hales Corners store.

MILWAUKEE (BRAIN) — Next Friday, July 12, Wheel & Sprocket will open its Franklin Store at the Ballpark Commons development, which will replace the chain's store at Hales Corners, which it has occupied for 40 years.

FRESNO, Calif. (BRAIN) — California investigators have obtained a felony warrant for the arrest of Marlon Markham, who is suspected of using stolen credit cards and fake identities to steal from small businesses including bike shops. They are asking bike shops for help finding him if he comes into their store.

REDONDO BEACH, Calif. (BRAIN) — Multisport retailer Triathlon LAB, Inc. has been sold to Robert Keating, the a longtime employee and former special operations director. The store was founded by Lloyd and Teresa Taylor in 2003.

BOULDER, Colo. (BRAIN) — Ride Spot offers hand-picked routes in each community, chosen by local bike retailers or other organizations. The routes give beginners an on-ramp to cycling, helping the industry and retailers establish a relationship with the riders that continues after they wheel new bikes out the door. Ride Spot also has features that help bike retailers increase local riding participation, and develop — and market to — a riding community with their store as a hub.

Tagged Mobile bike apps

SEATTLE (BRAIN) — Evo, an outdoor and action sports retailer with locations in Seattle, Portland, Denver and Whistler, British Columbia, is planning a 100,000 square foot retail operation in Salt Lake City, to be called Campus SLC.

Propel owner Chris Nolte

LONG BEACH, Calif. (BRAIN) — Propel Bikes, a Brooklyn, New York, retailer that specializes in e-bikes, has opened its second location — this one on the opposite coast.

Tagged Electric bike

VANCOUVER, British Columbia (BRAIN) — Mobile service franchiser Velofix has hired industry veteran Donny Perry as its senior vice president of retail strategy and operations.

Tagged Retailer education / Mobile service

LITTLE ROCK, Ark. (BRAIN) — Coffee and cycling go together as famously as peas and carrots. Doug Zell and Chris St. Peter decided to take it one fancy step farther.

Net sales and same-store sales are flat; e-commerce up 15%.

NEW YORK (BRAIN) — DICK'S Sporting Goods showed improvement in its first quarter, exceeding forecasts and raising its full-year guidance. The retailer reported net sales of $1.92 billion, up 0.6% over the same period last year.

Tagged Earnings/Financial Reports

LIBERTY, Mo. (BRAIN) — Erik's newest store here is its first in Missouri and third in the Kansas City metro area. The store opened Saturday.

CLEVELAND (BRAIN) — The Professional Bicycle Mechanics Association has announced a series of four manufacturer-direct training workshop, running from October this year through February 2020.

Tagged Retailer education

MONTRÉAL (BRAIN) — Mobile bike shop operators Velofix has closed a financing round with MacKinnon, Bennett & Company's MKB Partners Fund LP, a growth equity fund focused on clean energy, transportation, and smart cities.

Tagged Mobile service


Subscribe to RSS - Retail News