Image: Peloton
The connected fitness company inked a partnership to sell its equipment through Dick’s Sporting Goods, the two companies announced yesterday.
Which means once everything is up-and-running, anyone can stroll right into a Dick’s Sporting Goods store and buy a hangar for their clothes Peloton Bike, Bike Plus, Tread, Guide, and/or other accessories.
🚲 More deets… We should probably rename this section to “not-so-many deets,” because they’re pretty sparse. But we do know:
📸 Big picture: After enjoying a surge in demand during the pandemic, Peloton has been fighting more recently to stem its losses and expand its monthly subscriber base.
🌱🥩 When plant-based meat manufacturer Beyond Meat IPO’d in May 2019, the market said “nice to meat you.” Its shares jumped 163% on the first day of trading – but things have changed since then.
🔥📈 US heating costs are expected to increase by 17% this upcoming winter to reach their highest level in ten years, largely due to sky-high prices for natural gas amidst a global shortage.
🙅♀️🧈 Forget cuffing season — it’s about to be baking season. And this year, we may have to go through it a little short on one key ingredient: butter.
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