News

PORTLAND, Ore. (BRAIN) — Shop owner Brad Davis’s career as an e-bike entrepreneur offers a peek inside an often overlooked but increasingly profitable corner of the electric bike market: e-bike conversions.

RANDOLPH, Mass. (BRAIN) — Delta Cycle, known for its extensive line of accessories including bike storage and phone mount accessories, is moving into a very different market: e-bikes.
The Massachusetts company expected to take delivery in May of its first shipment of two models of Delta bikes.

FITCHBURG, Wis. (BRAIN) — Milwaukee’s Wheel & Sprocket will have two locations in the Madison area with the acquisition of Fitchburg Cycles from its long-time owner Edwin Benet.

LINCOLN, Neb. (BRAIN) — Trek Bicycle has acquired The Bike Race, a two-store chain in Lincoln and Omaha.

LÉVIS, Quebec (BRAIN) — HLC is making a CA$250,000 ($193,000) investment in its Wheel Shop, which the distributor said will help better supply North American dealers during a period of supply-chain challenges.

MONTEREY, Calif. (BRAIN) — Blaupunkt, which launched its new line of e-bikes at the Sea Otter Classic, is a name known to fans of German-made cars, including Volkswagen and BMW.

BOULDER, Colo. (BRAIN) — For our June magazine edition, we asked our State of Retail panel members: How does this year to date compare to 2021 in terms of category sales and profitability? How do you expect sales and profits to evolve throughout this year?
WHEAT RIDGE, Colo. (BRAIN) — Wheat Ridge Cyclery, a nearly 50 year old Denver-area retailer, is opening a second location.
The new location will be in Littleton, in the Ken Caryl region south of Denver. WRC's original location is in Wheat Ridge, north of Denver.
The 2020-2021 boost in ridership is undeniably real. But what happens next is anybody's guess.

DENVER (BRAIN) — Mike’s Bikes, the California retailer acquired by Pon.Bike last August, has bought the four-store Elevation Cycles chain in the Denver area.
BRAIN's parent company, Outside Inc., this week launched Find Your Good, a new initiative that enables the company’s audience of 80 million outdoor enthusiasts to donate directly to 14 diverse nonprofit partners, including the cycling organizations Grow Cycling and The Bahati Foundation.

HEERENVEEN, Netherlands (BRAIN) — A consortium planning to acquire Accell Group and take it private has said it will move forward with the offer despite not reaching a threshold of 80% of shares committed to the buyout.