Retail News
SECAUCUS, N.J. (BRAIN) — We sent New York-based journalist JP Partland to CABDA East last week to talk to retailers about what they expect for 2025 and how recent trends might affect their business. This is what he heard from a group of mostly optimistic — and happy — retailers.
ALTADENA, Calif. (BRAIN) — Retailer Steve Salinas spent much of this week in the midst of the Eaton fire, notching some victories and some defeats. The rebuilding is still to come.
THORNTON, Colo. (BRAIN) — The Pro's Closet has sold its first bike under its new ownership, the used-bike retailer announced Thursday.
SEATTLE (BRAIN) — REI Co-op announced it will close its Experiences division that includes adventure travel, day tours, and classes. The decision was announced in an email to employees Wednesday from President and CEO Eric Artz and will mean the elimination of 428 full- and part-time jobs in that division.
RIVERSIDE, Calif. (BRAIN) — Retailer Jenson USA is expanding into bike shipping by collaborating with UPS to provide shipping labels that offer as much as a 50% discount.
PITTSBURGH (BRAIN) — Dick's Sporting Goods reported net sales increasd 0.5% year-over-year in the third quarter and said it will raise full-year guidance.
DENVER (BRAIN) — Used gear retailer The Pro’s Closet is re-opening immediately under new ownership and some familiar management.
CARLSBAD, Calif. (BRAIN) — Canyon Bicycles is expanding its service partner network by adding 28 REI Co-op locations. The consumer-direct brand's network already includes 66 independent bike shops in the U.S. and scores of independent service partners in Europe.
PASO ROBLES, Calif. (BRAIN) — Cambria Bike, one of the oldest operating e-commerce businesses in cycling, has acquired the intellectual property from Planet Cyclery and Colorado Cyclist, which closed this year. Planet Cyclery has already begun a soft relaunch and Colorado Cyclist may re-launch soon.
MORGAN HILL, Calif. (BRAIN) — Participating Specialized retailers worldwide will begin offering free single-tool repairs to anyone with any bike brand on Saturday with other free-repair days to follow.
LOUISVILLE, Colo. (BRAIN) — Local Liquidators is handling the auction of the contents of The Pro's Closet facility here. The used bike seller closed its doors earlier this month.
When Ron Kozy bought a Rolls Royce from selling kickstands, he wasn't showing off. He was making a point.
ZURICH (BRAIN) — Italy's Pinarello opened a flagship company store in downtown Zurich on Oct. 1, a week after the UCI Road World Championships concluded in the city.
MARSHALL, N.C. (BRAIN) — Alex Webber moved from New Orleans to the mountains of North Carolina after her home was damaged by Hurricane Katrina in 2005. But the mountains weren't high enough to protect her from hurricanes.
MERRILLVILLE, Ind. (BRAIN) — CSC Generation Enterprise, which owns and operates e-commerce retail businesses in several categories, has acquired Backcountry.com, including its MotoSport, Competitive Cyclist and Steep and Cheap businesses.
PITTSBURGH (BRAIN) — Dick's Sporting Goods reported net sales increased 7.8% in the second quarter and improved its full-year outlook.
SEATTLE (BRAIN) — Estelle Gray, a longtime retailer and industry leader, died July 26 at 69, three years after being diagnosed with bladder cancer.
BENTONVILLE, Ark. (BRAIN) — High-end bike brand Van Dessel will operate a pop-up store here from Sept. 5 until Sept. 25.
The store will be at 918 West Central Avenue and feature a selection of the brand’s most popular models, including road, gravel, mountain, e-mtb, and cyclocross bikes.
VANCOUVER, British Columbia (BRAIN) — Industry veteran Chris Speyer, most recently Chief Merchandising Officer at REI Co-op, is joining the Canadian sports retailer Mountain Equipment Company. He will officially join MEC at the end of the month.
PARK CITY, Utah (BRAIN) — Online retailer Competitive Cyclist was named the official U.S. retailer for Tour de France products for the third consecutive year. The partnership with Amaury Sport Organisation, which coordinates the Tour, was announced Thursday.
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