Tag Archives: retail

Helping bike shops in a busy time for the cycling industry

Schwalbe recently launched a volunteer programme to assist retailers experiencing a surge in business – particularly with services and repairs. Rebecca Morley finds out how it has helped stores during a busy period for the cycling industry

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UK footfall decreases by 30% in September

UK footfall decreased by 30.1% year-on-year in September, according to BRC-ShopperTrak data. This was only a 4.7 percentage point improvement from August and remains below the longer-term 12-month average decline of 30.3%. Footfall on high streets declined by 36.9% year-on-year. They were the most negatively affected location in September, again …

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Pearson moves all operations to Sheen, Balfe’s Bikes now occupying Sutton site

Pearson has moved all operations to its Sheen store in west London, after more than a century and a half in Sutton. Supported by its expanding online store, pearson1860.com, this will allow the company to focus on its own high-performance bikes and clothing, it said, as well as premium bike …

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Halfords forecasts H1 pre-tax profits of £55 million as cycling momentum continues

Halfords has reported continued growth in cycling, up 46% like-for-like in the five-week period to 25th September. H1 profit before tax is expected to be in excess of £55 million, as a result of the momentum in cycling and motoring products and services. The retailer’s 20-week trading update on 8th …

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Small Business Saturday launches new virtual roadshow

Small businesses across the UK are being offered a new package of support and mentoring, as Small Business Saturday UK launches an online roadshow for towns and cities affected by the pandemic. Launching on 2nd November with daily ‘virtual visits’ to small businesses and communities in over 30 locations across …

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Cyclescheme reduces commission to 8.33% excluding VAT

Cyclescheme has announced a reduction in retailer commission rates. Effective from today, 28th September, on any unredeemed e-certificate, Cyclescheme commission has been reduced to 8.33%, excluding VAT, for all bikes, accessories and helmets. From the beginning of November, a commission cap will be introduced on Cyclescheme e-certificates above £3,000 RRP, …

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Sigma Sports opens new store in Oakham

Sigma Sports has today opened a new store on Oakham’s South Street. Occupying 4,000 sq ft spread across two floors, the store offers a range of premium brands from across the road cycling, MTB, triathlon and run categories, including Specialized S-Works, Pinarello, Cannondale, Trek, Castelli, Assos, Wahoo and On Running. …

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Local Bike Shop Day 2020 sees record number of bike shops and customers across UK

This year’s Local Bike Shop Day was the “most successful date yet”, with a record number of bike shops and customers celebrating across the UK, organisers have said. The number of bike shops registered on the Local Bike Shop Day website rose by 77%. During the day, the hashtag #supportyourlocalbikeshop had …

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Nominate now for Best Omnichannel Retailer

Following the commencement of the nominations process for the BikeBiz Awards earlier this week, we’ll be highlighting each and every category from our list of expertly-curated accolades, designed to reflect the varied and vibrant nature of the sector: from prizes that honour local independents and distribution giants through to awards for …

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