Published 9 months ago

Bike shops boomed early in the pandemic. It’s been a bumpy ride for most ever since

Summary by Washington Top News

For the nation’s bicycle shops, the past few years have probably felt like the business version of the Tour de France. Early in the pandemic, a surge of interest in cycling pushed sales up 64% to $5.4 billion in 2020, according to the retail tracking service Circana. It wasn’t unheard of for some shops to sell 100 bikes or more in a couple of days. The boom didn’t last. Hobbled by pandemic-related supply chain issues, the shops sold all their b…

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year