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CHICAGO -- One sector of the economy that skyrocketed as the pandemic hit is now seeing global shortages. Demand for bikes is nearing all-time highs. And if you’re in the market for a new two-wheeler, it may be months before you can wrap your fingers around some handlebars.Bicycles seem to be everywhere, unless you’re trying to buy one.At Edgebrook Cycle & Sport in Chicago, bikes have become a hot commodity during the pandemic.“It has been off the charts. It's unprecedented,” said owner Jim Kirsten.So much so that there’s a critical shortage, not just in the Windy City, but everywhere.“We have about 10% of our usual inventory and our service work which you see kind of surrounding me here is about 300% where it normally is,” said Kirsten.In fact, bike racks at retail giants like Walmart, Target and Dick’s Sport Goods are almost completely bare.Online vendors like Torrance, California-based Sixthreezero say demand for their bikes has jumped 800%. They’ve had to triple their staff to handle the increased interest.April sales for traditional bikes, indoor bikes, and other accessories grew by 75% compared to the same time last year and reached billion for the first time in a single month.Industry experts say commuters abandoning public transportation, gym closures and the search for socially distanced recreation created a perfect storm.Today’s bike boom, they say, is one not seen since the oil crisis of the early 1970s.“Mid to low price bicycles are just wiped out across the country,” said Jay Townley, a consultant with Human Powered Solutions. Townley spent much of his 60-year career at Schwinn and as president of Giant Bicycle Company.“Along with new bike sales, bicycle repair has skyrocketed. There are a lot of shops if you call around the shops in your area, you'll find a lot of them are weeks out for repair,” he said.Townley says the U.S. bicycle market is import dependent with more than 90% coming from China.Punitive trade tariffs, supply chain disruptions and lackluster 2019 sales caught manufacturers off guard and forecasts didn’t predict the increased demand accelerated by the pandemic.“Now, we're in a phase where we're trying to get that pipeline to replenish those inventories and that's going to be extremely difficult as we go forward,” said Townley.It could be late fall before supply catches up to demand. In the meantime, buying used may be the best way to pedal forward. 2431
Cannabis sales are expected to surge this holiday season.That's according to research from enterprise software company Akerna.The company projects that in the week leading up to Christmas Eve, cannabis sales will generate 0 million. Sales on New Year's Eve are expected to generate million.The company believes males will account for 64% of those sales, and females will generate 36%. The company also expects people between the ages of 30 and 40 to account for 30% of sales.According to Akerna, cannabis flower is expected to be the most popular item bought, followed by cartridges and pens, concentrates, and infused edibles. 642
CA?ON CITY, Co. -- The Royal Gorge Bridge and Park has been a place providing natural beauty and adrenaline rushing rides for 91 years.“It’s history,” said Chad Harris, who works at the admissions desk. “It’s one of the most iconic places in the United States, and I feel honored to work here.” Harris said the park has been a special part of his life. He was an intern at the park several years ago and then came back to work full-time.“My family worked here, my brother, my sister my mom,” Harris said. “I wanted to come back to this place and have a career here.” But seven years ago, Harris watched decades of memories go up in flames. The Royal Gorge Bridge and Park was destroyed by a wildfire. The bridge was nearly all that was left.The heartbreak of the fire—only preparing Harris and his team for the challenges that COVID-19 would bring.“I honestly thought the fire was the worst thing that could happen to us,” said Peggy Gair, who manages public relations for the park.Gair has been with the park for more than 20 years and said the virus was a new strain of devastation.“Never in my wildest dreams did I think we’d be closed for that many weeks, the two and a half months that we were,” Gair said. She said the fire was different—the park had insurance and was prepared to rebuild. No one could have prepared them for the pandemic.Just before the pandemic hit, employees spent dozens of hours and thousands of dollars hiring 30 new employees. Days later, they had to let everyone go, and now, the process to rehire is more complicated than ever before.Gair is signed up for a new way to find workers: a live, virtual job fair. She’s hoping to fill dozens of open positions around the park. Some of those jobs have been available since last year, and now, Gair believes the extra 0 a week in unemployment benefits is playing a role in keeping people from applying.“There’s jobs available,” Gair said. “People aren’t excited to go back to work. They want to wait.” Gair is hoping that after July 31, more people will come to her park looking for work.Despite the struggle, Gair said she looks at the park today like she did in 2013—as a beacon of hope. As long as this park stands, the people will follow.“We just have to tighten the belt, pull ourselves up by the bootstraps and keep going forward,” said Harris.If you'd like to work at Royal Gorge Bridge and Park, you can find information here. 2420
Buffy Wicks, a mom to a newborn and a Democratic California state assemblymember, brought her infant to the California Statehouse for a vote on Monday after a request to vote by proxy was denied, she confirmed on Twitter.Debating Senate Bill 1120 on Monday, Wicks held daughter Elly as she testified on a housing bill that ended up falling. 348
Carrie Underwood recently shared a photo of herself on social media rehearsing to gear up for her performance at the Academy of Country Music Awards.This will be her first performance since her nasty fall on the steps of her Nashville home in November. Underwood will be belting out her brand new single "Cry Pretty" released on April 11th.The return to the stage will be a big moment for one of the genre's leading female voices. She has stayed out of the public eye during much of her recovery. She told fans late last year that she required 40-50 stitches after the injury. Underwood is nominated for two ACM's this year: Female Vocalist of the Year and Vocal Event of the Year for her contributions to Keith Urban's "The Fighter".The ACMs air Sunday night live from Las Vegas at 7 p.m. CT. 817