Retail News

BOULDER, Colo. (BRAIN) — Police have recovered stolen prototype bikes valued at $80,000, thanks in part to help from local retailer Full Cycle. The store's owner became suspicious when a man walked in with a $12,000 e-bike and a pair of bolt cutters.

Tagged Lawsuits/legal
Cycles of Life in Leadville, Colorado, needs to find the right mechanic/service manager and will include a free house to rent.
Leadville's Harrison Avenue. Getty image.

LEADVILLE, Colo. (BRAIN) — Filling openings for mechanics has become more challenging than ever in the past two years with the country's workforce amid career reshuffling that started during the COVID-19 pandemic.

Joe Elam, owner Habersham Bicycles.

BOULDER, Colo. (BRAIN) — For our March magazine edition, we asked our State of Retail panel members: How do you handle requests to service direct-to-consumer brands of bicycles and e-bikes?

Tagged From the Magazine

PITTSBURGH (BRAIN) — Dick's Sporting Goods reported a second consecutive year of record full-year net sales for the period ending Jan. 29.

Tagged Earnings/Financial Reports

BOULDER, Colo. (BRAIN) — In hopes of giving Northern retailers some insight about how to prepare, we asked 2,000 shops in the South about their January and February sales.

ROSEVILLE, Calif. (BRAIN) — Retail chain Mike's Bikes has made its first retailer acquisition since it was bought by Pon Holdings last year. The chain has acquired Roseville Cyclery, which has been renamed Mike's Bikes of Roseville, the 14th Mike's Bikes location.

Bud and David Hunt.

IDYLLWILD, Calif. (BRAIN) — David "Bud" Hunt Jr., the owner of The Bike Route here, died on Feb. 23 at 93.

Hunt had run the store in this small mountain town above Palm Springs since 1973.

NEW YORK (BRAIN) — REI Co-op in Manhattan became the first store in the company's chain to unionize, with the announcement coming Wednesday night. By a vote of 88-14, the SoHo location will join the Retail, Wholesale and Department Store Union.

Bike service discount is increased for members.

SEATTLE (BRAIN) — REI Co-op announced changes to and raised the price of its membership program Wednesday, including doubling the shop service discount.

BOSTON (BRAIN) — Landry's Bicycles enters year 100 with the announcement Wednesday that it is now completely employee-owned.

SIGNA Sports United is the owner of Wiggle CRC.

PARK CITY, Utah (BRAIN) — Hap Seliga, a co-founder of Competitive Cyclist and former executive at Backcountry and Specialized, has joined SIGNA Sports United as head of its North American bike operations.

Retailers asked to be on the lookout.
Andrew Busch.

SANTA ROSA, Calif. (BRAIN) — The Sonoma County District Attorney's Office issued a felony arrest warrant for a man stealing bikes from retailers using fraudulent identification and credit cards.

Jannie Fitzgerald.

BOULDER, Colo. (BRAIN) — For our February magazine edition, we asked our State of Retail panel members: What’s your outlook for 2022, and what steps are you taking to position your business for it?

Tagged From the Magazine

INDIANAPOLIS (BRAIN) — Specialized Bicycle Components added to its growing list of company-owned retail stores by acquiring the four-store Gray Goat Bicycle Co. chain, two sources have told BRAIN.

Specialized and Gray Goat Bicycle Co. President/Owner Brian Gootee declined comment.

Tagged Mergers, Acquisitions & Investments
Photo from the grand opening of Decathlon's San Francisco store.

SAN FRANCISCO (BRAIN) — Decathlon says it will focus on its online business in the U.S., as well as sales through retail partners, after closing its two trial retail locations in the Bay Area.

ASHEVILLE, N.C. (BRAIN) — Kent Cranford, the owner of Motion Makers bike shop here, said the more he thinks about Specialized's new consumer-direct sales channel for bikes, the more accepting he is.

RIVERSIDE, Calif. (BRAIN) — Online retailer Jenson USA will provide suspension service, pledging factory-level repair for forks and shocks.

ARLINGTON, Va. (BRAIN) — Trek Bicycle is buying the Washington, D.C.-are retail chain Spokes, Etc., 

The store announced the purchase on its Facebook page this weekend.

DENVER (BRAIN) — Bikes — even, or especially, the cheapest ones — should be repairable, according to a petition to the industry being led by a group of nonprofit bike shop mechanics.

Jenny Moore

BOULDER, Colo. (BRAIN) — This month we introduce our brand new 2022 State of Retail panelists.

Tagged From the Magazine

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