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If they are so are Halfords. I'd be interested to know if independent bike shops are experiencing a slow down. Very much not the case at my LBS - they can barely cope with all their customers - but they are very good so perhaps not typical.
I suspect the market is maturing and even more recent converts to cycling are going for fancier bikes from independents or custom options and this might be why Evans et al are suffering. But I have no evidence for that.
Fox-
Evans don't sell much that can't be had online.
Any buying the big ticket items from them gives you only a scant advantage, in terms of support, over buying online.
To add insult to injury, I can buy a cannondale bike dirt cheap from a shop in Norfolk, have it shipped to me in London, then get Evans to deal with the warranty issues when it breaks.
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Is your LBS Hub Velo or the one on Chatsworth Road?
Howard
tbc
A slowdown in bicycle sales?
I think they're doing something wrong.