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17 Sep 2024

UK Finance and others who form the Cash Industry Environment Charter have been discussing best practices when it comes to cash deposits, and as a result have produced a short guide on reducing...

9 Sep 2024

It is with great sadness that we bring news that Peter Stow of Stows Cycles has sadly passed away on 14th August 2024 at the age of 80.

9 Sep 2024

A new community bike partnership initiative in North Lanarkshire is aiming to help keep more people moving.

9 Sep 2024

The Association of Cycle Traders (ACT) has revealed a strategic partnership with Bikebook. Aimed at driving more business to ACT members, the partnership is also designed to equip them with...

9 Sep 2024

A bike shop, where prisoners and prison leavers can learn skills which will help them find work, has opened for business.

9 Sep 2024

Demand for bikes has soared following Britain’s strong performance in the Olympic cycling events in Paris, new research suggests.

3 Sep 2024

The British Independent Retailers Association (Bira) has responded to the BRC-KPMG Retail Sales Monitor for August 2024. The report, which can be downloaded here, has highlighted: 

28 Aug 2024

Bikmo, a leading cycling insurtech, and the Association of Cycle Traders (ACT), the UK’s largest and most established cycle trade membership organisation, have announced they are entering...

28 Aug 2024

E-Bike Positive, a new initiative with support from across the cycling industry, is set to equip the public with the information needed to buy safe, ride safe and charge safe while promoting and...

28 Aug 2024

Cycling Weekly has reported independent bike shops across the country continuing the call for reform of the Cycle to Work schemes in their current format and encouraged the government to help...

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Retailer Spotlight - Elmy Cycles Ipswich

Posted on in Business News , Cycles News

For our latest retailer spotlight, we spoke with Steven Grimwood from the brilliant Elmy Cycles in Ipswich, who has been working in the cycle trade since he was 14 years old.

Elmy

Last year the business, which is an ACT member, marked its 100-year anniversary, with Steve spearheading the company for over 30 years, having taken over from Mr Elmy in 1992.

Steve explains, “I think the future looks great for independent bike shops - just in the way we are starting to see the resurgence of local book shops and local coffee shops, customers can get tired of the big corporate machine and drift away, looking for something more personal.

“Us indies have a great opportunity to curate interesting product lines, individual niches and react quickly to new products and trends. There are still a lot of questions for the future, like how suppliers can work with our market, perhaps by offering more indie-focused product lines or rotating stock to ensure the right models are on the shop floors. And of course, supporting dealer initiatives.

“One of the biggest mistakes suppliers sometimes make is treating retailers as a customer and not a partner. If they viewed their dealer network as their showrooms to the public, they could make much better use of us and our expertise.”

The Elmy team regularly attends and supports events such as a recent local Cyclo Cross which had over 300 riders present. An Elmy team took part in the ride last month, with Steve dressed as Santa to add to the fun!

“We have just completed a renovation of the store, with a new coffee shop area, function space and showroom. Just last month we hosted an open day with Oliver Bridgewood from Global Cycling Network, with over 90 customers attending a film night at a local cinema and a shop ride the next day.

“The future looks bright; despite the tough times the trade is in right now we have been here before - and it will go full cycle - we will get over this hill.”

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