Retail News

Howard Chung.

BOULDER, Colo. (BRAIN) — For our March magazine edition, we asked our State of Retail panel members: What are your hiring challenges, and how do you manage them? Are you re-evaluating hiring practices to attain more diversity?

Tagged From the Magazine

PITTSBURGH (BRAIN) — The Dick's Sporting Goods senior women's leaders announced an advertising campaign Thursday to showcase the company's efforts to assist women and girls on and off the field.

Tagged DEI and Sustainability
Bradley Knirnschild pleaded guilty to stealing more than $40,000 in bikes from retailers in multiple states.

BOISE, Idaho (BRAIN) — Prosecutors say Bradley Knirnschild had a bad habit of renting bikes and vans that he never returned. 

UPDATED: "Even in a bike drought, you have to keep doing the good work," CEO Ken Martin says.
Security video footage showed the thieves drive up, attach the trailer and drive off.

NOVATO, Calif. (BRAIN) — Police have recovered a 40-foot container full of donated used bikes that were stolen from Mike's Bikes' headquarters over a week ago. The bikes were collected by the Mike's Bikes Foundation and were to be shipped to Botswana, Africa. 

"Women of the Bicycle Industry" held in conjunction with International Women's Day.

IRVINE, Calif. (BRAIN) — The National Bicycle Dealers Association women's virtual networking event is scheduled for March 8 as part of International Women's Day.

Tagged DEI and Sustainability
Owner Peter Dorantes in front of his Storck store in Santa Clarita.

SANTA CLARITA, Calif. (BRAIN) — German brand Storck Bicycle GmbH is expanding its business in Northern America. With the help of a new exclusive partner, a Storck Concept Store has just opened here.

SEATTLE (BRAIN) — REI Co-op announced the location of its first corporate satellite office, five months after selling its newly constructed corporate campus and revealing plans to move to a modified remote work environment.

Photo by Paul Tolme/Cascade Bicycle Club

SEATTLE (BRAIN) — When the co-founder of the Seattle Pedaling Relief Project recently added up the weight of all the food and supplies the nonprofit initiative has delivered on behalf of food banks since last spring, he was stunned at the number: 88 tons. “I was blown away,” says Maxwell Burton.

Tagged Coronavirus / DEI and Sustainability

PORTLAND, Ore. (BRAIN) — Smash-and-grab thefts from bike shops have risen dramatically during the COVID-19 pandemic. But the phenomenon has led shop owners in several markets to start organizing and cooperating to share information. Some also are working more closely with local law enforcement, with mixed results.

BOULDER, Colo. (BRAIN) — For our February magazine edition, we asked our State of Retail panel members: "What would your dream bike shop be like, and where would you locate it?”

Tagged From the Magazine
Left to right: Dennis Uphoff, Gary Moore, Jim Burrus

MOUNTAIN VIEW, Calif. (BRAIN) — Longtime retailer Dennis Uphoff, the owner of The Off Ramp  — said to be the largest seller of bikes in NorCal for nearly 30 years — died Jan. 16th after sustaining an injury at home. He was 69.

CHICAGO (BRAIN) — Organizers of the CABDA Expo will unveil their newest event next week: CABDA Online. Taking the place of their usual, in-person first quarter events, the virtual B2B event hopes to offer some degree of normalcy for its attendees, show director Jim Kersten said.

Tagged CABDA

IRVINE, Calif. (BRAIN) — Heather Mason has been named president of the National Bike Dealers Association and officially will begin her new role at the nonprofit in February.

LAKEVILLE, Mass. (BRAIN) — Spark Bike Run Sports, a 10-year-old multi-sport retailer south of Boston, has announced on its website that the store has been purchased by Trek Bicycle.

Tagged Mergers, Acquisitions & Investments
Mike Olson

SAN DIEGO (BRAIN) - Trek has agreed to buy at least a dozen of Mike Olson's bike shops, including the six Trek Bicycle Superstore locations in the San Diego area and in Albuquerque, New Mexico, one Nytro Multisport store in Encinitas, California, and the six-store Bike Gallery chain in the Portland area.

Tagged Mergers, Acquisitions & Investments

WASHINGTON (BRAIN) — The Biden administration is working with the U.S. Small Business Administration to address eligibility, compliance, and integrity issues while promoting transparency in obtaining first-time Paycheck Protection Program loans.

Tagged Coronavirus
Sun & Ski Sports' location in Avon, Colorado.

HOUSTON (BRAIN) — Sun & Ski Sports, the Houston-based retailer with 30 stores, is giving its employees a thank you bonus of $250-$1,500 in recognition of their work in 2020 during the pandemic. 

WASHINGTON (BRAIN) — The U.S. Small Business Administration approved about 60,000 Paycheck Protection Program loans in the first week after being reimplemented in December.

Nearly 3,000 lenders submitted applications for more than $5 billion between Jan. 11-17.

Tagged Coronavirus
Muneer Radi

BOULDER, Colo. (BRAIN) — For the debut of our new State of Retail panel, we asked each panel member to describe their business and share some thoughts about the upcoming season.

Today: Dan Shuman of Salem Cycle in Massachusetts.
Dan Shuman, Salem Cycle, Salem, Mass.

BOULDER, Colo. (BRAIN) — We touched base with 16 retailers to get their take on the 2020 season and their predictions for 2021. We'll be sharing snapshots from those interviews online over the next two weeks.

Tagged Crystal Ball


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