Banker Supply Expands Nationally, Opens New Cycling Lifestyle Store In Los Angeles
Urban cycling retailer’s first Los Angeles area store to open October 16 in Echo Park
Los Angeles - October 11, 2016 - Banker Supply, an innovative bicycle lifestyle retailer focused on urban cycling, today announced the opening of their first Los Angeles store. The brand is celebrating the event with a grand opening on Saturday, October 15 at the store located in the heart of Echo Park, and will open for business the next day on Sunday, October 16.
Founded by Nick Drombosky, cycling entrepreneur, and owner and founder of forward-thinking, start-up bicycle accessory brand Fiks:Reflective, Banker Supply has its roots in Pittsburgh, Pennsylvania, where Drombosky opened the brand’s first store in July 2014. The brand quickly became a regional phenomenon and is on a path of rapid growth as a rare national cycling lifestyle store chain. After opening their Los Angeles store, the brand will expand further with a new Chicago store scheduled to open in just two weeks, and two more stores planned to open in 2017, in different locations around the U.S.
An original company and brand built around a one-of-a-kind frame of mind, Banker Supply is just as focused on the urban lifestyle and culture of cycling as they are about bicycles. The company fulfills the demand for lifestyle-focused, one-stop shop cycling stores in urban environments by offering the leading, cutting-edge brands in bicycles, cycling gear and fashion along with a full-service bicycle shop, for a fair price, in an inclusive environment.
“We aren’t the typical bike shop that offers the same products from the same distributors as everyone else,” said Drombosky. We spend hundreds of hours seeking out the best and most-interesting products we can find so we can offer our customers brands and products they won’t find anywhere else.”
Drombosky and co-owner Julius Brenninkmeijer moved to Los Angeles earlier in 2016 to open the Los Angeles Banker Supply Store and chose the market because of its growing and diverse community of cyclists which fit in with the brand’s unique customer demographic. The brand skews from the industry norm as 70 percent of their sales come from women. Additionally, the in-store traffic demographic figures of their Pittsburgh store come within two percent of the racial demographic figures of the diverse neighborhood it calls home.
“We were attracted to the Los Angeles market not just because it is one of the fastest-growing cycling markets in the nation, but because its cycling community looks a lot different than that of other cities,” said Drombosky. “The cycling community in Los Angeles is maybe the most-varied in the country and much different than the mostly middle-aged, middle-class, white male dominated cycling communities you will find in many cities in the U.S.”
Selecting their products from sources as unique as Kickstarter, the Banker Supply Los Angeles Store offers a wide collection of brands including:
- Coast Cycles
- Brooklyn Bicycle Co.
- State Bicycle Co.
- Parker Dusseau
- Mission Workshop
- Green Oil
- And more
Banker Supply is celebrating their new Los Angeles store with a Grand Opening event Saturday, October 15 at 8pm which will feature a first look at the store along with beer from Angel City Brewery, a specialty cocktail and non-alcoholic beverages and snacks. Those interested in attending can RSVP via the Eventbrite: https://www.eventbrite.com/e/banker-supply-echo-park-grand-opening-tickets-28540058082.
The Los Angeles Banker Supply Co. Cycling Store will officially open for business on Sunday, October 16 and items will be for sale at the Grand Opening event as well.
About Banker Supply
Founded in Pittsburgh, Pennsylvania in 2014 by cycling entrepreneur Nick Drombosky, Banker Supply is a national chain of cycling lifestyle stores focused on urban cycling. Carrying a one-of-a-kind collection of bicycles, bicycle accessories and fashion-forward apparel and clothing, the store has locations in Chicago, Los Angeles and Pittsburgh, with two more locations to be added in the U.S. in 2017. For more information, please visit: https://bankersupply.co