Retail
Global Brand Closes Majority of Australian Stores
Melbourne, Victoria An international success story that originated in Melbourne, Reid Cycles, has announced it is closing several Australian stores in a restructuring of its retail network “in response to market conditions”. Reid closed its Adelaide shop about a month ago and outlets in Melbourne and Sydney are set to follow as the company aims…
Strathpine Cycle Preparing to Close for Business Consolidation
Brisbane, Queensland The owner of two Giant stores in Brisbane has revealed plans to consolidate their operations into one site and give increased focus to their prospering online sales. Mark Turvey plans to close the Giant Strathpine within the next two months and concentrate upon his Giant Redcliff business. Mark said the lease for the…
Trek Opens Full Online Sales Service in Australia
Sydney, NSW Trek stepped up its direct-to-consumer online sales in Australia last month, expanding its e-commerce across the full Trekbikes.com site. The US-based company launched an e-commerce compatibility across its website in October 2021, working in partnership with the brand’s retailers to allow customers to bikes close to them and purchase items from a local…
Shut Shop a Major Loss for Eaglehawk’s Cycling Lifeblood
Eaglehawk, Victoria Central Victorian town Eaglehawk lost an institution when Major’s Eaglehawk Sports & Cycles store officially closed its doors last week, after more than 50 years in business. The store’s owner operators, Norma Major and her son Peter, have decided they’re ready for a more relaxing life and the store – the only sports…
Bike Force Clarkson’s 300m Shift for 350m2 Floorspace
Scott Sports Buys Bicycle Superstore to Preserve Partnerships
Melbourne, Victoria Australasia’s largest bicycle company, Sheppard Cycles, is purchasing Victorian retailer Bicycle Superstore Group, to help secure Sheppard’s position in the market. “An opportunity arose to retain the Bicycle Superstore Group within our business while we find the right independent retailer to take the reins – one that we can partner with for the…
MTB Pioneer Selling Melbourne Store
Melbourne, Victoria Mountain bike pioneer Simon Jamison has enjoyed the spoils of taking an unorthodox path – in sport and in business – and now he’s put his Melbourne store on the market. He opened one of Australia’s first – if not the first – dedicated mountain bike stores in the late 1980s and, more…
Fortuna Farewells Retirement to Become Pushys & BikeBug CEO
Canberra, ACT Last year’s purchase of BikeBug by fellow online bicycle retailer Pushys has taken another twist, with former BikeBug owner Frank Fortuna this month appointed as the new CEO of both organisations. “I’ve stepped in to facilitate the retirement of the founders of Pushys.” The appointment was effective from the first day of the…
Decision Looming on Kitzuma Future
Melbourne, Victoria Online retailer BikeExchange has foreshadowed it will soon make an announcement on Kitzuma, the US bicycle delivery service it purchased in December 2022 in the hope their synergies would deliver rapid growth for both organisations. However, BikeExchange (BEX) executive have stated Kitzuma has been “burning a lot of cash” at a time when…
New Recycling Service for Sydney Bike Shops
Sydney, NSW A new recycling service for bicycle tyres, tubes, metal and e-waste has been launched in Sydney this month, with 10 retailers signed up as its initial customers. Revolve ReCYCLE started rolling out its collection bins in mid-January and is inviting other Sydney businesses to sign up to its bike shop waste minimisation service.…