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British Business Bank launches new ‘Making business finance work.

21 Nov 2023

The British Business Bank has launched a new guide aimed at smaller businesses to help them understand how different financial products can support them at all stages of their development.
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Indie Shops to Boycott Black Friday

21 Nov 2023

Independent retailers across the UK are set to defy the Black Friday sales frenzy for the third year running, according to a survey conducted by Bira, the British Independent Retailers... Read more…

Indie shops key to reversing fortunes of struggling high streets, new study shows.

20 Nov 2023

A focus on independent stores and ‘browse-only’ shops can help to reverse the fortunes of the struggling high street, new research shows.
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Bira sets out expectations for this month’s Budget.

15 Nov 2023

The British Independent Retailers Association (BIRA), which works with over 6,000 independent businesses of all sizes across the UK, has outlined its expectations from the government... Read more…

Mixed picture on consumer spending plans for Christmas

7 Nov 2023

New survey data from Deloitte has shown a seven percentage-point rise in the number of UK consumers - from 19% in 2022 to 26% in 2023 - who intend to spend more in the last three months of 2023,... Read more…

Grants of up to £100,000 made available to boost Cornish High Streets

7 Nov 2023

Communities across Cornwall can now apply for grants of up to £100,000 to improve High Streets, the council has said.
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Warwickshire County Council launches campaign to promote Christmas shopping at independent businesses

6 Nov 2023

A Christmas campaign encouraging Warwickshire’s independent town businesses to shout about why shoppers should buy from them this year is making a comeback.
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The Times names prettiest towns for indie Christmas shopping

6 Nov 2023

With just over six weeks until Christmas, The Times has named what it says are the seven prettiest towns in the UK for Christmas shopping, making special mention of the presence of independent... Read more…

Cardmitment campaign launched to remind people of the power of sending greetings cards

23 Oct 2023

Cardmitment campaign launched to remind people of the power of sending greetings cards
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New guides welcome on how to make shops more accessible for the elderly

23 Oct 2023

The International Longevity Centre has released new guides to show the steps retailers need to take to make their shops more accessible for the elderly.
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Local Bike Shop Day 2020 new date confirmed as Saturday 5th September

Posted on in Business News, Cycles News

 
The first 6 months of 2020 have so far seen the cycling industry get shaken up like never before. Initially the announcement of a nation-wide lockdown invoked worry upon the industry: it was uncertain as to whether bicycle shops would fall into the ‘essential retailers' category announced by the Prime Minister on the 23rd March. However, since then the lockdown has proven just how ‘essential' bicycle retailers are.
 
For the first time in decades the supply of bicycles is struggling to match the ever-increasing consumer demand. Urgent pleas have been made for bike builders, retail finance has reached record-breaking highs in the industry and ‘once in a generation' government investment has been pledged, all of which has contributed to what has now been named as the cycling industry ‘boom'.
 
Given the success that 2020 has seen thus-far for the cycling industry, the ACT believes that it is pivotal to keep the momentum rolling and continue to encourage as many people as possible to get on their bikes. Local Bike Shop Day is the ideal way to make this happen.

 

Local Bike Shop Day 2020 participating retailers poll

A poll among participating retailers of Local Bike Shop Day has confirmed a new date to celebrate bike shops across the nation.

Following the recent possible postponement survey that took place in March there was an overwhelming vote (94%) in favour of deferring the day to a later date than the originally planned 2nd May. The two most popular postponement months among participating retailers proved to be September (43% of votes) and October (16% of votes).

Participating retailers were then asked their opinion as to what specific date in September or October would be most preferable for them as a cycling retailer and key member of the industry.

Feedback that the ACT have attained from retailers over previous years has proved Saturday to be a popular day for the event to occur, as it enables more customers to be able to get out and visit their local bike shops. With this in mind, retailers partaking in the Local Bike Shop Day 2020 New Date survey were given 9 dates to choose from- each Saturday in September and October.

The most popular date chosen was Saturday 5th September, with 30% of the total vote. Reasons behind retailers favouring this date over others included it being the start of the new school term, normality being likely to have restored by then and the weather generally still being pleasant in September.

The second most popular dates were Saturday 26th September and Saturday 12th September, each receiving 22% of votes. As Local Bike Shop Day is a day for the trade, the majority voted for date is the one that will be going ahead.
With this in mind, it is hard to predict the state in which retail will be operating by September 2020 due to the ongoing situation with COVID-19. If in the case that we are forced to cancel this year's Local Bike Shop Day, we may then have to wait until 2021 for another viable date. In the meantime we will be going ahead with new date with every intention of making it a success.

 

Local Bike Shop Day 2020 to be ‘bigger and better than ever'

Following this current cycling-industry-high, all signs are pointing towards this year being highly successful for cycling retailers across the country. However, the ACT want to ensure that much of this success is reflected directly in the footfall and profits of the IBD, something that can be very much encouraged on the 5th September.

This new date ties in perfectly with kids returning to school, giving parents the perfect incentive to equip their children with a set of wheels for the school year. Child cycling has long-since been a lost sector to the IBD, but with the help of Local Bike Shop Day uniting bike shops, suppliers and customers alike we can motivate a return of shopping for children's bikes at local bike shops.

The ACT have worked hard over the last few years to make Local Bike Shop Day a success for bike shops across the country. This has included implementing campaigns, investing in promotional materials and partnering with a number of supporting organisations, all of which has been done to benefit IBDs and spread the word of this day to as many customers and potential customers as possible.

We are now committed towards making the new Local Bike Shop Day 2020 date of Saturday 5th September bigger and better than ever! Retailers are still able to sign up for the postponed date on the Local Bike Shop Day website here.

 

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