Retail
BOULDER, CO (BRAIN)—Leisure Trends Group (LTG) now has open enrollment for independent bicycle stores that want to join the nearly 200 dealers that have signed up for the new information service, which will begin publishing reports this summer based on point-of-sale transactional information beginning in June.
NEW YORK, NY (BRAIN)—Cadence Cycling & Multisport will close its Manhattan studio on May 17, citing slow sales due to the fall of the financial sector in the city.
TORONTO, Ontario (BRAIN)—More than a year after Canada’s Mountain Equipment Co-op announced its intentions to enter the bicycle business, tensions continue to mount between the co-op and the country’s independent bicycle retailers.
PETERBOROUGH, N.H. (BRAIN)—Eastern Mountain Sports has opened a new store in SoHo at the corner of Spring and Broadway.
MYRTLE BEACH, SC (BRAIN)—The fires that have ravaged more than 30 square miles of land have not affected local retailers.
FORT WAYNE, IN (BRAIN)—After 96 years in business, longtime Indiana retailer Koehlingers Cycling and Fitness has closed its doors.
LADERA RANCH, CA (BRAIN)—Ladera Cyclery closed its doors on Sunday after more than four years in business. The Orange County, California, shop fell victim to a combination of factors including plummeting sales in February and March, low cash flow and sky-high rent.
PORTLAND, ME (BRAIN)—The newest Giant Retail Partner Podium store, Gorham Bike and Ski in Portland, Maine, celebrated its official grand opening this past Saturday.
HUTCHINSON, KS (BRAIN)—Kansas felt more like Chicago this past weekend, burying parts of the Jayhawk State in more than two feet of snow and knocking out power to at least 17,000 homes and businesses.
GREENWICH, CT (BRAIN)—A group of high-end retailers with expertise in fit techniques have formed an association to more effectively advertise their services.
BAY SHORE, NY (BRAIN)—In keeping with a 20-year tradition of creating innovative marketing tools to support the efforts of its retailers, Finish Line now offers free-to-dealer hang tags like the one included in the March 15 edition of Bicycle Retailer and Industry News.
CORONA, CA (BRAIN)—The Corona, California Jenson USA shop lost nearly $27,000 worth of high-end bikes in a burglary last week.
ST. LOUIS, MO (BRAIN)—Retailers probably won't mind the dark morning rides into work if it means the extra daylight (DST starts this Sunday) translates into more cash in their registers.
DENVER, CO (BRAIN)—Rudy Project will launch the “Rudy Project Gear Deal” this month. The innovative promotion will give dealers the opportunity to offer a $220 package that holds over $450 in value, making it an attractive deal for consumers in today’s economy.
BERKELEY, CA (BRAIN)—Qualified transportation fringe benefits has expanded to allow up to $20 per month for bicycle commuters to spend on everything from new or used bicycles, to accessories such as lights and helmets to the monthly cost of a bicycle storage unit.
BURLINGTON, MA (BRAIN)—Parlee Cycles and The Cycle Loft have formed an exclusive relationship offering high quality hand-built carbon fiber bicycle frames to the northwest of Boston and beyond.
SANTA MONICA, CA (BRAIN)—Cynergy Cycles, a Specialized Concept Store in Santa Monica, California, has been sold to Sean Flynn, owner of Surf City Cyclery in Huntington Beach, California.
ATHENS, GA (BRAIN)—Specialized has launched its first Georgia concept store with the opening of Cycle Sport Concepts.
NEW YORK, NY (BRAIN)—This May Eastern Mountain Sports will open a new store in SoHo at the corner of Spring and Broadway that triples the size of its current Manhattan location, featuring an urban loft feel and green design aspects.
BROOKLYN, NY (BRAIN)—The Trek Bicycle Store of Brooklyn, New York shut its doors on December 31, according to owner Joe Dweck.
"The economy tanked us," said Dweck, adding that people weren't buying bikes. The store had been open for a year.
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