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It sounds like the bike shops were struggling due to low inventory, not low demand. Anecdotally, that was the case at the bike shops near me in Chicago, which h
by jetrink 5y ago
It sounds like the bike shops were struggling due to low inventory, not low demand. Anecdotally, that was the case at the bike shops near me in Chicago, which had empty shelves, but also months-long wait lists for their tuneup and repair services. Unfortunately, bike sales are a large part of their revenue.
- lmm 5y agoThere's long been a mismatch in the bike shop revenue model, where most of the value they add comes from labour but they charge a lot of that via markup on parts rather than directly.