According to the reporting agency, Gluskin Townley, bike shops in the USA have experienced a sharp decline of 17%, in the number of customer visits between 2012 and 2014.
In addition, the report also revealed that the number of consumers who visited bike shops, but instead decided to purchase a bike from a discount/mass merchant – increased by 117 percent.
The third annual American Bicyclist Study was conducted by the global research company, Toluna, wherein consumers responded to a nation-wide questionaire in April of this year.
Some details from the study:
More details about the report can be found here: http://www.gluskintownleygroup.com/#bicycleretailer
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