A New York Times article from this week highlights some of the challenges of the bike shops these days. I recently posted a call to the Hugga’ community to get out there and support your local shops. The article provides more insight into some of the struggles. The credit pinch certainly isn’t helping.
What’s hurting the Local Bike Shops?:
- Inventory costs
- Bad assumptions on the size of the Commuter market
- Tightened wallets
- Low gas prices (doh!)