Retail News

Kersten, in high-vis apparel, announced the Las Vegas show at the NBDA Summit Wednesday.

BENTONVILLE, Ark. (BRAIN) — The industry will return to Las Vegas for a trade show for the first time since the 2017 when CABDA hosts its West event in the Nevada city next March.

Tagged CABDA

BANNER ELK, N.C. (BRAIN) — JC Lakey didn’t hesitate when asked his reaction Monday morning to Kona Bicycles’ founders reacquiring the brand from private equity-backed Kent Outdoors. 

COLUMBUS, Ohio (BRAIN) — Roll: Bicycle Company will close its remaining two retail locations in Bexley and Upper Arlington this month in response to an industry that is "really challenging right now, particularly for independent local retailers," founder and CEO Stuart Hunter

Mongoose Salvo 2.

MADISON, Wis. (BRAIN) — Dick's Sporting Goods will begin carrying Mongoose bikes this month, supplanting GT Bicycles, which ended its agreement with the box-store giant at the end of 2023.

Increasing worker pay contributed to losses.

SEATTLE (BRAIN) — REI Co-op reported a net loss of $311 million in 2023 with yearly revenues declining 2.4% compared with the previous year.

Tagged Earnings/Financial Reports

BROOMFIELD, Colo. (BRAIN) — The homepage of e-commerce sites Colorado Cyclist and Planet Cyclery (which merged in late 2021) each began promoting a "Closing Sale" on their homepages this week.

Updated with more details following an FDNY news conference Monday afternoon.

NEW YORK (BRAIN) — For the first time in its campaign to help the city address escalating lithium-ion battery fires, the Fire Department of New York filed criminal charges against a Brooklyn e-bike shop owner for illegal storage and charging on Friday.

Tagged Electric bike

DICKINSON, N.D. (BRAIN) — Bernice “Bernie” (Kessel) Santiago died on March 9 in the comfort of her own home surrounded by family. She was only 60 years of age.

Two IBDs join the event in Tucson.
Smith (left) and Saltvold at BLC this week. Ray Keener photo.

TUCSON, Ariz. (BRAIN) — As the supplier community gathers in Tucson this week for the Bicycle Leadership Conference, two independent retailers are adding to the attendance of about 275.

NEW YORK (BRAIN) — New York-based retailer Rubber N' Road has opened a new pop-up store in Palma de Mallorca, Spain, for the second year. 

The store will be open from March 15 through May 15 and plans to host rides and events as well as showcasing the store's latest products. 

PITTSBURGH (BRAIN) — Dick's Sporting Goods' fourth-quarter sales were the largest in its history while its full-year net sales increased 5% over 2022.

Tagged Earnings/Financial Reports
New York City retailer Shane Hall

MEADOWLANDS, N.J. (BRAIN) — We asked retailers and suppliers at the CABDA East show this week about the right-sizing program that Trek is enacting, and what it will mean to the rest of the industry.

Tagged CABDA
Eugene Kiefel

WHEAT RIDGE, Colo. (BRAIN) — Noted long-time retailer Eugene Kiefel died at home on Feb. 4 at age 92.

Jacob English.

BOULDER, Colo. (BRAIN) — For our February magazine edition, we asked our State of Retail panel members: What are you doing to ensure the success of your business over the next five-plus years?

Tagged From the Magazine

NEWBURY PARK, Calif. (BRAIN) — Giant Group will sell bikes through about 25 specialty stores owned by Dick's Sporting Goods, including House of Sport, Public Lands, and Moosejaw locations.

Screenshot from FDNY video.

NEW YORK (BRAIN) — City Lithium-ion Task Force officials closed a Queens e-scooter business last week saying the location was rebuilding lithium-ion battery packs into what it labeled "Frankenstein batteries" that violated the city fire code.

Tagged Electric bike

SAN FRANCISCO (BRAIN) — Early adopters of Apple's Vision Pro headset — which went on sale Friday starting at $3,499 — will be able to browse bikes and other sports gear on a special Decathlon shopping app. 

Win Allen.

BOULDER, Colo. (BRAIN) — For our January magazine edition, we introduce our 2024 State of Retail panelists and their shops, representing a variety of bicycle businesses in nine U.S. states.

Tagged State of Retail / From the Magazine

SEATTLE (BRAIN) — REI is laying off 357 employees as the cooperative braces for a challenging year. CEO Eric Artz told employees the news on Thursday.

Rendering of the Miami Ramona's restaurant.

BROOKLYN, N.Y. (BRAIN) — The high-end brick-and-mortar and online retail giant R&A Cycles, in business since 1976, is opening its third location. And like its second location, which launched in the California Bay Area just as the pandemic began, store #3 is a long way from the R&A’s origins in Brooklyn. It’s in Coral Gables, near Miami.


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