iamrider65

It's clear that most of the commenters are missing the point that the local bike shop is going by the wayside. Rents keep Rising, incomes and salaries have been stagnant for 18 years in the middle income and lower middle income classes. Most people do not understand anything past basic economics and therefore are looking at it from only one standpoint. Retail in general is dying on the vine. Retail sales are stumbling and faltering every quarter. And all one has to do is look to brain to look at both retail and wholesale sales which are constantly declining and have been for the past 4-5 years. Most bike shops are doomed except huge Flagship stores and big brand name stores possibly surviving. You will see mobile repair shops and possibly some mobile showrooms as well but not many. Walmart sees what is happening in the retail sector, understands that small and mid-sized brick and mortar businesses have very little chance to survive and therefore can (and will) capitalize in this sector.