I spoke to one of my local bike shops, Walthamstow Cycles, about how things were going. The margins on selling bikes are tight, sales are down and are moving on line. They now concentrate on repairs , small part sales and keep small stock of bikes.
Looks like the end of the 2012 bike boom. It's lasted longer than the others , but like them it's ending with bike shops closing.
I spoke to one of my local bike shops, Walthamstow Cycles, about how things were going. The margins on selling bikes are tight, sales are down and are moving on line. They now concentrate on repairs , small part sales and keep small stock of bikes.
Looks like the end of the 2012 bike boom. It's lasted longer than the others , but like them it's ending with bike shops closing.