Retail News
MINNEAPOLIS (BRAIN) — Twin Cities retailer Penn Cycle plans to close its six locations Monday evening; they will reopen Friday under the Freewheel Bike name, according to a Facebook post by Penn Cycle's owner, Pat Sorensen. Freewheel Bike currently has three locations in the area.
SAN LUIS OBISPO, Calif. (BRAIN) — A trio of employees has purchased brick-and-mortar and online retailer Art's Cyclery and has wound down the e-commerce business in favor of focusing on local customers at its new location on California's Central Coast.
SEATTLE, Wash. (BRAIN) — REI Co-op says it's targeting the bike category for growth with the addition of Cannondale bikes and parts & accessories from the Trek-owned Bontrager brand at all 154 of its U.S. locations and online this year.
COLORADO SPRINGS, Colo. (BRAIN) — The City Council here has approved a $16.2 million tax incentive for Scheels, which hopes to open its second Colorado location on the north side of the city in early 2021. Scheels, based in Fargo, N.D., has 27 locations and is one of the country's largest retailers of dealer quality bikes and accessories. It was Trek Bicycle's #1 dealer last year.
PARK CITY, Utah (BRAIN) — Park City Bike Demos, a Utah retailer that operated with an unusual business model, has been acquired by Robert DeMartini, the new CEO of USA Cycling and former CEO of New Balance.
SCHAUMBURG, Ill. (BRAIN)— As the CABDA Midwest trade show opened here Wednesday, BRAIN's intrepid reporter Ray Keener chatted up the attending retailers, asking about their hopes and fears for the 2019 season.
SEATTLE (BRAIN) — REI president and CEO Jerry Stritzke has resigned following an investigation into a personal relationship between him and the leader of another entity in the outdoor industry.
BROOKLYN, N.Y. (BRAIN) — By the end of the year, Brooklyn, New York, online and brick-and-mortar retailer R&A Cycles plans to open a new 10,000-square-foot store in Northern California’s East Bay Area.
CHICAGO (BRAIN) — A spate of at least 10 early-morning smash-and-grab break-ins over the past three weeks at bike shops in and around Chicago has spurred area retailers to rethink their security measures.
FRESNO, Calif. (BRAIN) — Authorities are seeking a suspect alleged to have stolen high-end bikes, or attempted to do so, from at least eight stores up and down California — from Mill Valley in the Bay Area to Huntington Beach in Southern California.
NORTH HAMPTON, N.H. (BRAIN) — Two retailers who promoted and participated in last month's second annual Bike Shop Day have come up with a new idea: "Fix Your Bike February."
BREVARD and HENDERSONVILLE, N.C. (BRAIN) — Sycamore Cycles is expanding into a neighboring space at its flagship store in the mountain bike destination of Brevard, North Carolina, and will relocate its second store, 22 miles east in downtown Hendersonville, to a larger space in a revitalized historic neighborhood.
NEW YORK (BRAIN) — Folding bike, e-bike and scooter shop NYCeWheels has permanently closed its storefront but is still operating online, according to its website. Numerous attempts by BRAIN to reach store representatives for comment on the closure were unsuccessful.
MEMPHIS, Tenn. (BRAIN) — Clark Butcher, owner of neighboring Memphis shops Victory Bicycle Studio and Pedaltown Bicycles, is removing the wall between the two stores and combining them under the Victory name.
DEL MAR, Calif. (BRAIN) — On the second and final day of the inaugural CABDA West trade show, BRAIN contributor Ray Keener asked retailers, "What's in store for 2019?"
DEL MAR, Calif. (BRAIN) — On the opening day of the inaugural CABDA West trade show here Wednesday, longtime BRAIN contributor Ray Keener made the rounds, checking in with retailers at the event. Always a master of the small talk, Ray had a simple question for each of them: "What brings you to CABDA?"
(BRAIN) — "How hard can it be to run a trade show?" Jim Kersten asked himself after hosting Chicago-area retailers at Interbike social events
DENVER (BRAIN) — In the latest Shift Up podcast, host Arleigh Greenwald is joined by Elorie Slater from Sports Garage Cycling in Boulder, Colorado. You can play the podcast from the article page or you can subscribe via most podcast apps or Spotify.
DENVER (BRAIN) — In the latest Shift Up podcast, host Arleigh Greenwald takes her regular quarterly look at the State of the Industry. This time, she is joined by BRAIN's editor, Steve Frothingham. You can play the podcast from the article page or you can subscribe via most podcast apps or Spotify.
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