Retail News

EBC founder Sean Lupton-Smith.

HUNTINGTON BEACH, Calif. (BRAIN) — Electric Bike Company, which builds electric cruiser bikes in California from imported and domestic parts, has opened what could be the first of many retail showrooms. 

Chandler in front of the new location.

BOULDER, Colo. (BRAIN) — Full Cycle is the latest retailer to announce a move off of Boulder's Pearl Street, weeks after Vecchio's Bicicletteria announced a move.

 VanMoof raised $40 million from Norwest Venture Partners, Felix Capital and Balderton Capital.

AMSTERDAM (BRAIN) — E-bike manufacturer VanMoof announced Wednesday it raised $40 million from Norwest Venture Partners, Felix Capital and Balderton Capital as it continues to expand its market share in North America, Europe, and Japan.

Tagged Electric bike
Potter in the old store.

BOULDER, Colo. (BRAIN) — Vecchio's Bicicletteria, known globally as a picturesque retro-styled roadie hangout, is getting ready to move from the location on Boulder’s Pearl Street it has occupied since its founding in 2000.

BOULDER, Colo. (BRAIN) — SNEWS, a Pocket Outdoor Media title that covers the outdoor industry, is conducting its annual survey of outdoor sports retailers, including bike retailers.

Participants in the online survey are eligible to win a $500 gift card.

BOULDER, Colo. (BRAIN) — For our September magazine edition, we asked our State of Retail panel members: "How has the pandemic affected your business expenses?"

Tagged Coronavirus / State of Retail / From the Magazine
VanMoof's new Seattle store.

SEATTLE (BRAIN) — The Dutch e-bike brand VanMoof has opened a new company-owned retail store in Seattle, its third location in the U.S.

Tagged Electric bike

CONCORD, N.H. (BRAIN) — Following its purchase by Trek Bicycle, New Hampshire's Goodale's Bike Shops will retain the 100-year-old name, former owner Brad Hill has told the local newspaper.

Tagged Mergers, Acquisitions & Investments

AUSTIN, Texas (BRAIN) — Mellow Johnny's Bike Shop will provide bikes and services to the Austin Police Department until the city awards another contract, which is expected "sometime before or shortly after the beginning of the new calendar year."

Tagged DEI and Sustainability
Mike Olson, owner Trek Superstore and Bike Gallery.

BOULDER, Colo. (BRAIN) — For our August magazine edition, we asked our State of Retail panel members: “How will you tackle your 2021 preseason ordering? What information and programs are suppliers offering?”

Tagged From the Magazine / State of Retail

CRESTED BUTTE, Colo. (BRAIN) — TerraQuest’s killer feature is the ability to offer riders turn-by-turn audible directions, even on trails and offline.

JOHANNESBURG, South Africa (BRAIN) — Stuart Blyth developed Hubtiger to tie cyclists with bike shops and clubs in one mobile and desktop platform package.

The crew at SpokeWorks.

SUMMERVILLE, S.C. (BRAIN) — Sometime about nine months or a year after the start of the pandemic in the U.S., a new generation of bike shops will be born, their conception inspired by the 2020 bike boom.

The summer of pre-love.

HATTIESBURG, Miss. (BRAIN) — This could be shaping up as the summer of pre-love — that is, sales of “pre-loved” bicycles, as retailer James Moore likes to call them.

Citing crowd-control concerns, the Austin location cancels police contract.

AUSTIN, Texas (BRAIN) — Mellow Johnny’s Bike Shop Austin no longer will sell bicycles to the Austin Police Department because of concerns over officers using them to control Black Lives Matter protesters.

Tagged DEI and Sustainability
As retail sales increased by double or triple digits, bike imports were up just 3% through June.
Monthly bike imports.

BOULDER, Colo. (BRAIN) — Bike imports are up significantly in recent months, according to U.S. Department of Commerce figures released Wednesday. But importers are still struggling to make up for reduced shipments earlier in the year combined with unprecedented demand from retailers and consumers.

Tagged Coronavirus
Revolution Bicycles' homepage.

ARCATA, Calif. (BRAIN) — At least 15 bike shops in California have received emails and letters from a law firm threatening suits over their websites' compliance with the Americans with Disabilities Act and a California statute.

Stradalli T-700 full carbon gravel bike with Shimano Ultegra 11-speed.

POMPANO, Fla. (BRAIN) — Stradalli Cycle, primarily a consumer-direct brand, is for sale.

BOULDER, Colo. (BRAIN) — While year-over-year IBD bicycle sales through May have grown by 30% and other categories also have seen increases, apparel sales declined by 10%, according to the NPD Group. Industry suppliers and retailers revealed a multitude of factors in this decline, while some have found creative ways to buck the trend.

Brad Hill at the 100th anniversary party.

NASHUA, N.H. (BRAIN) — Industry sources tell BRAIN that Brad Hill, owner of the three-store New Hampshire chain Goodale's, is about to sell the business to Trek Bicycles. Hill told BRAIN Thursday that he would have no comment.

Tagged Mergers, Acquisitions & Investments

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