Reputable UK bike industry news source,
BikeBiz, believe that mail order giant Wiggle is on the verge of absorbing its main rival, Chain Reaction Cycles. It's said to be highly likely that the sale will go through next week, according to multiple sources.
"Founded in 2009 as an offshoot from a Portsmouth bike shop, Wiggle grew and grew and was sold to Bridgeport Capital for GBP180m in 2011.
Chain Reaction Cycles sprang from a small bike shop in the tiny town of Ballyclare in 1989. The shop is now a barber's shop, a very small barber's shop. This was the second shop. The first, started in 1984, was Ballynure Cycles an even smaller operation. The business was founded by George and Janice Watson - their first sale was a chain link costing 11p.
When, in 1998, the business moved to Ballyclare the decision was made to change the firm’s name, and Chain Reaction Cycles was born. The website was launched the following year.
Almost 40 percent of CRC's sales come from outside the EU, as dealers in Australia and America know only too well. Wiggle and Chain Reaction have been fighting head to head for many years, with Wiggle moving ahead of Chain Reaction in 2013 when sales at the family-owned firm dropped six percent to GBP145m. The Watson family is said to have a personal fortune of GBP200m." -
BikeBiz
MENTIONS:
@ChainReactionCycles
In the end I am pro online shops though, since my experience is that most bike shops simply fail to offer the knowledge and service they claim to have, what you apparently pay extra for. Also, if you're in that small percentage of people who know more about bikes than most bike shops, why would you pay them for something you know / can do just as well, or here in The Netherlands, many times better? I also really hate it when I do feel generous and go into the lbs to support them, to find out they never have the exact part I need in stock and they tell me it will either takes months before the next shipment from the distributor where tthey can include my order, or I will have to pay €20 extra worth of shipping costs AND pay full retail price AND wait one or two weeks for the package to arrive to their shop. While I can order the same part from the UK for cheaper, plus I save €16 on shipping costs (WTF?) plus I have it delivered to my house within 3 days. I'm sorry LBS' you need to step up your game because times are changing and you guys are the grumpy CD-stores who go bankrupt one by one complaining about the world, instead of stepping up your game and see this pressure a reason to get out of your comfort zone and create something unique and become better than you've ever been.
However, when someone comes in and asks for something we can't get quickly we do recommend a few places to them. Sounds counter productive since someone is taking money away from us since we don't have it, but they come back to us. So we get future sales. A little loss for a customer who then spends more.
Although the difference CRC, Wiggle etc has made on sales of small products (lights etc) is massive. We are pretty lucky with bikes though, since we stock Trek, Whyte and Electra as our main brands you have to come instore to buy one. Something I respect those companies for. You still can't get a bike serviced through the internet though
I don't want to name bike shops I had bad experiences with, but I had salesman trying to sell me a semi-integrated headset because I was looking for an a-head style headset with a low stack, once ordered a 160mm disc adapter for the rear and they ordered me a 160mm disc adapter for the front and had no clue there was a difference between them when I told him it's the wrong one, even though the packaging said 160F/140R. And this isn't even 10% of my list, and this actually happened in a bike shop which claimed they are specialized in MTB and road bikes.
The problem I think is that these shops will hire anyone, also people who don't ride mtb / road bikes. Just random folks who learned from their heads that this Cube costs €999 and has an XT derailleur.
The small amount of bike shops that are actually really good, are the small ones from very passionate cyclists. Good examples are you WECB, Soulcycle, Meesterknecht and shops like that. These are the only kind of bike shops I still go to. The big known shops which have over 100 bikes in their store generally do lack knowledge and service.
And @Mattin, spot on. Most of the stores I've had issues with have nearly always been the large bike chain stores. Evan's Cycles, Halfrauds etc....
I need a change of career I guess.
I have an lbs but they're primarily XC, road an commuter. I've had brakes bled an a wheel trued by them. I felt no difference in the brake an the wheel was loose as hell after one ride. My nearest GOOD shop is an hours drive away
Petrol is very expensive!!!
I have even heard an admission from another lbs owner of ordering from CRC cos it's cheaper an faster than his supplier!!!
Fingers X'ed as I'm a sale rail shopper that lives on CRC's bargains.....
An wiggle sucks
I also agree CRC is great
wiggle just isn't very user friendly (and its compulsory on here to hate anything roadie orientated)
@nojzilla As for stuff being ordered from CRC by shops.... You would be silly not to if this was your business. We get stuff from them all the time. The amount of times I've phoned suppliers asking them to match a company online. I do feel sorry for them though, having to deal with us
I'll miss CRC if they go though. Amazing selection, great prices and fast, cheap shipping to Canada, couldn't ask for more.
Too often the over-priced, low-quality work, that takes too long, and over priced parts just aren't worth the cost. Not to mention the opportunity cost of actually getting yourself to the shop and hoping to deal with a competent employee. Let's be honest, retail shops in just about all industries are nearly obsolete (see Amazon.com).
Internet business is faster, more convenient and cheaper than a brick and mortar shop almost every industry. And yes, I order from CRC because their parts are often cheaper than my local distributor and most times faster (and I'm on the west coast of the US!!). We don't go to a artisan shoe maker for our boots, or to a custom tailor for all our clothes. Retail is dead. You have to adapt to survive in any industry as they're constantly evolving.
LBS need to focus on the non-tangible goods that create a positive experience... atmosphere, camaraderie, knowledgable-passionate employees, quick turn around on service, guided shop rides, skills clinics, repair clinics, custom bike build consultations, bike fits.... the kinds of things you can't buy on the internet or take too much time/work for the average customer to research.
I also agree with a few others above, you have to appeal to the types of riders in your specific area; create a niche, but be flexible. We work on and sell all bikes at our shop. But we happen to be on a massive bike commuting corridor; so what do we stock and sell mostly? Racks, fenders, bags, tubes, tires, tune ups, shitty $500 commuter bikes. I went through five other shops before where I'm at for the same reason you all hate most LBS... slow service, clumsy employees, and mostly the prevailing idea that bike shops are some kind of charity case that deserves life support. And every I check out another shop, or give them a chance it reminds me why I hate most bike shops; I could have just done it faster and cheaper online.
No you're not a bad person for ordering online, you're smart. No your LBS doesn't deserve your charity, they have to earn it. Maybe I rambled a bit there...
On the other hand, I have purchased 3 bikes from from local shops in the last 2 years. ALL of them have had warranty issues with 3rd party components where I was happy to have my shop on the phone with the rep. It was during those experiences that my shop earned my business.
I recently bought 3T Team stem and 3T team bars for my new 29'er and Wiggle were £12 cheaper on stem and £15 cheaper on the bars.
I shop with both Wiggle and CRC, choose the best price or stock availability, no real difference in shipping times, both very easy to use and cheaper than buying products through our trade suppliers in the bikeshop I work in.
Recently I bought some Shimano road wheels for my road bike, £100 cheaper from Wiggle than using our trade supplier (Madison a.k.a. Shimano UK)
internet has changed the game - our shop focuses on bike fitting, bike servicing, expert customer service, selling protected bike brands and soon offering training, yoga, pilates, wattbike studio, coffee shop, etc. adapt and survive!
Chainreaction was a dream when they shipped via mail and the Canadian dollar was at par or better than the Yankee greenback.
There are a few local shops doing well such as Dunbar who have also got an online presence and were smart enough to start servicing suspension a few years back. Not rocket science. Sort of what I would expect any shop should be capable of. Why do I have to get my Reverb sent out? Why would you want to refer out that high dollar work? Pay your mechanics well to keep them long term and offer them overtime when things are busy. People are wiling to pay a bit more for quick turn around and quality work. Enough of this "We are booking next week" crap. Big reason I do most of my repairs now up to even doing bearing replacement. Tired of being sidelined mid season. Whistler shops have the quick turn around dialed. Why haven't other shops learned from them.
What are full suspension mountain bikes?
Why are full suspension mountain bikes good?
How do I choose a full suspension mountain bike?
Um, yah...won't be shopping on this site. Average Pinkbike user is apparently not the target demographic.
seriously its sad...
The first time I visited my only local bike shop 'Arrowhead Cycles'. I asked if they knew of any Downhill trails in Bishop CA... They responded with, "downhill mountain biking isn't an endurance sport, and we dont really suport it.", and that, "the nearest trails were all the way in mammoth....."
You could imagine how pissed off I was being a DH rider, especially sence I had just finished riding a Downhill trail in Bishop, called 'Break Burner.'
Not sure how this business move's gonna affect us, though.
p.s. never been a fan of Wiggle, which I always found more expensive than CRC.
CRC on the other hand has great stock, great website - really good customer service as well, but their prices fluctuate a bit, although still lower than wiggle I think (mostly)
If I had to say which one was bigger my opinion would have been CRC, had no idea wiggle was actually a bigger company and so not doing a partnership, but taking over CRC.
CRC is so much better than wiggle - hardly ever buy from Wiggle unless I have to.
I would have expected that it would more likely have been the other way around with so many people using CRC.
I like so many left crc many years ago after shite service, I do believe they try at times maybe still even.
I tried wiggle of late and not impressed having spent a huge wedge for it to turn out to be 2 yrs older model frame which had suffered damage to hanger due to no real packaging in a big bike box to then have only £50 reduced on an expensive frame.
All I now take away from those kind of experiences are not to go back unless there's a small item cheap instock compared with comp.
THAT IS WHAT IT BOILS DOWN TO at end of the day.
Overpriced metal we're all falling head over heals to have but to have on mass scale and cheaper prices.
There are pros and cons to wiggle taking ownership of crc and that's what an individual customer may or may not want to consider...
I moved my business to bike-discount.de and bike24.de this year however, so far so good.
Come on, Pinkbike.
I'm done with Merlin though. I bought two Schwalbe Racing Ralph tires. The two tires arrived with different SKU's. One tubeless ready, one older, non-tubless ready version. I contacted Merlin and they said "The description doesn't tell you which sku you will be getting. You got two Schwalbe Racing Ralph EVO tires, exactly as the description, so your order was sent to you correctly". They are technically right, but it's inexcusable to send two different SKU's when I ordered one part number (x2 qty) from them. At least have the quality assurance in your processes to ensure customer gets the same SKU, eventhough another customer gets a different two SKU's. Every since that experience, I have refused to buy from Merlin.
Oh' and Wiggle's delivery is a joke