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.
Boston-based Gordon Brothers Retail Partners outbid five other prospective buyers in a Feb. 1 auction; the sale was finalized on Feb. 5.
The Ski Market filed Chapter 11 bankruptcy last Dec. 29 after nearly 40 y...read more
Topic: Retail
02/07/2010 5:00 PM MST
SALT LAKE CITY, UT (BRAIN)—Specialized decided to move its West Coast distribution center from its headquarters in Morgan Hill, California, to Salt Lake City 11 years ago after taking a look at the cost per square foot of leasing a facility, the strong labor market and the ability to deliver orders to dealers in 11 western states within one to two days.
And when its 10-year lease was set to expire, the company re-examined its decision and came up with the same conclusion: “Utah ...read more
Topic: Business
02/07/2010 5:00 PM MST
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.
He was ordered to pay $33,960 in restitution, and be on parole for three years after he serves his jail time.
Dixon, a former employee of the store, stole a key and came into the store on Saturday mornings during the shop ride to steal a wi...read more
Topic: Retail
02/07/2010 5:00 PM MST
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.”
On January 22 and 23, Barrio and his staff celebrated the grand opening of his third—and largest—Crazy Cat Cyclery. Hundreds of regular patrons and new customers turned out for a kick-off party, group rides, raff...read more
Topic: Retail
02/07/2010 5:00 PM MST
Congrats to the New Orleans Saints on last night's Super Bowl win over the Indianapolis Colts. Great team and an even better story. ...read more
Topic: The 5th Spot
02/07/2010 5:00 PM MST
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Posted: Feb 05, 2010
Tucked away in an unassuming building in an industrial park off Southern California's I-15 freeway, Intense Cycles is still ma... Read the entire post!
Posted: Feb 04, 2010
Normally, I bang on a keyboard all day helping create content for the retailers who use our Web site service. So it was a treat... Read the entire post!
Jeff Lenosky at Giant H.Q.
Jeff Lenosky, the Godfather of urban freeride, demos his legendary skills for Giant employees at company headquarters during the February 2010 National Sales Meeting.
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Feb132010 |
Saturday ride includes five bike routes: 12 mile, 25 mile, 50 mile, 62.5 mile and 100 mile. Sunda ... see details
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Feb142010 |
The Worst Day of the Year Ride is an easy 18-mile odyssey around downtown Portland on February 14 ... see details
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Feb192010 |
The MONTREAL BICYCLE SHOW is the most important bicycle and cycle touring show in the province of ... see details
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