Retail News

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

LOUISVILLE, Colo. (BRAIN) — John Levisay, who has led The Pro's Closet for the past 2½ years, will leave his position as CEO at the end of this month to spend more time with his family.

ASPEN, Colo. (BRAIN) — Vail Resorts is closing 19 retail locations in the Colorado mountains. Most of the locations offered winter sports sales and rentals, but several of them also offered bike sales and rentals. The closures will cost 69 workers their jobs.

PITTSBURGH (BRAIN) — Dick's Sporting Goods reported record full-year 2022 net sales while fourth-quarter sales grew 7.3% year-over-year.

Tagged Earnings/Financial Reports
FDNY began cracking down on some retailers even before the law's passage.

NEW YORK (BRAIN) — Shops will have six months to sell non-certified bikes. What then?

Tagged Electric bike
REI workers after the vote. RWDSU photo.

CLEVELAND (BRAIN) — Workers at an REI location in Beachwood, Ohio, near Cleveland, have voted to join the Retail, Wholesale and Department Store Union (RWDSU). It will become the third REI store that is unionized, following stores in California and New York.

Two cyclists killed and 11 hospitalized. Supporters launch a crowdfunding page for victims.

GOODYEAR, Ariz. (BRAIN) — Trek Bicycle Store West Phoenix sales and service employee Mike Smith is recovering from surgery in intensive care after being injured when the driver of a pickup truck ran into the back of a group of cyclists he was riding with on Saturday.

James Kincheloe

GARLAND, Texas (BRAIN) — Friends and family of James Kincheloe have started a crowd-funding campaign to help with memorial expenses.

Kincheloe was found dead Feb. 16 at Don Johle's Bike World, where he worked. A fellow employee arriving for work found Kincheloe dead of an apparent gunshot wound.

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