News
WEST DES MOINES, Iowa (BRAIN) — Erik's Bike Shop, which has more than two dozen locations across the Upper Midwest, expects to have its first location in Iowa soon, with an agreement to buy Rasmussen Bicycle Shop in West Des Moines. The transaction is expected to be finalized on May 9.
BUFFALO, N.Y. (BRAIN) — The owners of Tom's Pro Bike Service, which has two locations in the Buffalo area, have acquired Park Ave Bike Shop, which has two locations in the Rochester area, about an hour away.
MONTRÉAL (BRAIN) — Dorel Industries, which operates three divisions including home, juvenile and sports businesses, reported that Toys R Us' liquidation impacted all three, resulting in a first-quarter impairment loss of $12.5 million total — about $2.1 million in home, $3.8 million in juvenile and $6.6 million in its sports segment, which includes its bike brands.
VAIL, Colo. (BRAIN) — Organizers of the Outlier Offroad Festival have announced additions for the event, which is scheduled for Sept. 28-30 this year.
SAN MATEO, Calif. (BRAIN) — GoPro on Thursday posted a narrower-than-expected first-quarter loss on strong sell-through of its Hero5 Black and Hero6 Black action cameras.
LAGUNA HILLS, Calif. (BRAIN) — Their friendly faces have welcomed readers at Bicycle Retailer's booth at Interbike for many years. Terry and Irene Moyes, who served in various roles at the publication, including circulation and sales, are retiring from the magazine, where they've worked since its launch in 1992.
INDIANAPOLIS (BRAIN) — PeopleForBikes recognized and awarded several cities at the second annual PlacesForBikes conference, which wraps up today in this Midwestern city.
KALAMAZOO, Mich. (BRAIN) — Bike riders do things a bit differently now in this city of 75,000, where a driver plowed his truck into a group road ride nearly two years ago, killing five cyclists and injuring four others.
STEAMBOAT SPRINGS, Colo. and SANTA CRUZ, Calif. (BRAIN) — If you are looking for a chance to win a pricey new bike and support bike advocacy, there are at least two new raffle options this month.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Emerald Expositions Events on Thursday reported 4.8 percent revenue growth for the first quarter. Revenue reached $142.2 million, compared with $135.7 million for the same quarter last year.
TEL AVIV, Israel (BRAIN) — The city of Tel Aviv has unveiled Israel's newest velodrome, said to be the most advanced indoor bike racing arena in the Middle East. The velodrome's unveiling was Tuesday, a few days before the start of the Giro d'Italia in Israel on Saturday.
MINNEAPOLIS (BRAIN) — A U.S. District Court judge has dismissed a case that Greg LeMond filed against a father and son who LeMond said were cybersquatting web domains related to LeMond's name and his business trademarks.
NEWBURY PARK, Calif. (BRAIN) — Giant is holding several virtual rides to honor founder King Liu May 4-6. The company has been holding an annual ride led by Liu, now 84, in Taiwan for 10 years. This year, riders from all corners of the world can join in on Zwift.
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