Retail News

PITTSBURGH (BRAIN) — Dick's Sporting Goods will close 11 Moosejaw locations, including the outdoor speciality retailer's headquarters in Madison Heights, Michigan, according to the Detroit Free Press.

Tagged Mergers, Acquisitions & Investments
Davey Oil

A decade old this month, G&O Family Cyclery and its outspoken owner Davey Oil have survived fire and industry turmoil to emerge as key influencers in the growing cargo bike movement.

COLUMBUS, Ohio (BRAIN) — Roll: Bicycle Company filed for Chapter 11 bankruptcy protection on Thursday. Roll has three retail stores and its own bike brand that it sells wholesale and to consumers.

West Maui Cycles after the fire.

LAHAINA, Hawaii (BRAIN) — West Maui Cycles owner Jamie Boote awoke the morning of Aug. 9 to find the power out and winds whipping in his neighborhood. He and his wife, Dawn, went to the shop to secure loose objects before heading home through a tangle of downed power lines. That would be the last time the Bootes saw their bike shop.

OLNEY, Ill. (BRAIN) — Magura USA is offering free online tech training for dealer mechanics as well as OE brands and distributors. For shops, the training can lead to stores being labeled as Magura Service Centers, which are promoted on the brand’s dealer locator.

Tagged Retailer education

VANCOUVER (BRAIN) — Bicicletta, which opened in 1984 as a small Italian road bike shop, filed for creditor protection but will continue operating its website and fulfillment center. Its Vancouver retail store, however, closed almost two weeks ago, CEO Graham Fox said.

WATERLOO, Wis. (BRAIN) — Trek Bicycle has a new suspension service offering at some Trek stores. The program promises a 14-day turnaround on service and consumers are offered use of a demo bike for two days while their bikes are out of service.

IRVINE, Calif. (BRAIN) — The National Bicycle Dealers Association has announced the 2023 winners of its Retailer Excellence Awards.

FDNY photo from 5th Avenue inspection.

NEW YORK (BRAIN) — The New York Fire Department issued vacate orders for two e-bike businesses in the city this week as the department steps up inspections following a rash of fatal fires triggered by lithium-ion batteries.

Tagged Electric bike

BERLIN (BRAIN) — E-commerce company Signa Sports United, owner of WiggleCRC and the Vitus and Nukeproof bike brands, reported a 2% decline in first-half revenue, saying "subdued demand and market overstock" weighed on its results.

Its first-half net revenue was 441 million euros ($480 million).

Tagged Earnings/Financial Reports
A 2015 photo of Kona's Bellingham, Washington, store.

BELLINGHAM, Wash. (BRAIN) — Kona USA, facing the same excess inventory and stagnant consumer demand challenges as most other IBD brands, rebuilt its website in early June to add consumer-direct sales for the first time. While most traditional IBD brands now offer some variety of direct sales and click-and-collect few have received such a negative initial response from retailers.

AUSTIN, Texas (BRAIN) — Direct-to-consumer children's bike brand woom will expand its U.S. retailer network for families to shop the brand in person after being available at only its showroom headquarters here and at Buddy Pegs in Bentonville, Arkansas.

BENTONVILLE, Ark. (BRAIN) — Fox Racing held a grand opening ceremony for its new store during the Bentonville Bike Fest last week.

WASHINGTON (BRAIN) — A "Charlie Fest" has been scheduled for Friday and Saturday to honor City Bikes founder and CEO Charlie McCormick, who died May 11 at 60.

Chad Schoenauer.

OLD FORT, N.C. (BRAIN) — Chad Schoenauer's long-range goal always was to expand the footprint of his bike repair shop beyond the walls of a back room inside the Kitsbow Cycling Apparel's Ride House visitor center. He just didn't expect to have to do it so soon.

WASHINGTON (BRAIN) — Longtime retailer Charlie McCormick, the founder and CEO of City Bikes in D.C., died of natural causes on May 11 while camping in a remote spot overlooking the Potomac River in Poolesville, Maryland.

He was 60.

The Mid South's Bobby Wintle and GU's Yuri Hauswald join Tim and Kristi Mohn in ownership of the rebranded bike shop.

EMPORIA, Kan. (VELONEWS) — Gravel scene regulars Yuri Hauswald and Bobby Wintle joined Tim and Kristi Mohn in ownership of Merchant Cycles, a shop formerly known as Gravel City Adventure & Supply Co.

MONTREAL (BRAIN) — Several bike retailers are telling BRAIN they are displeased with Lightspeed’s decision to unify its point-of-sale software with its payment processing software.

CHICAGO (BRAIN) — The REI Co-op store employees here voted Thursday night to join the Retail, Wholesale and Department Store Union (RWDSU). It's the fourth REI location to join the union.

According to the RWDSU, 84% voted to unionize.

Bryce Phillips at the Sea Otter Summit on Tuesday.

MONTEREY, Calif. (BRAIN) — Bryce Phillips, founder and CEO of Evo, may have spent his formative years as a professional skier but his Seattle-based company, founded in 2001, has become a major retailer selling equipment in more than a half-dozen categories.

Tagged Sea Otter Classic


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