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Can we sustain the bike boom when the pandemic is over? Based onhistory, probably not.
Can we sustain the bike boom when the pandemic is over? Based on
history, probably not. While a lot of businesses are suffering greatly due to Covid-19, a few are doing better than ever. Amazon, Walmart, and Costco of course, but an unexpected beneficiary has been bicycle shops. I thought bicycle shops would suffer greatly, but because many governments classified them as essential businesses, and because gyms are closed, bicycle shops have been doing a booming business both in sales and service. Can this be sustained? Probably not: https://www.forbes.com/sites/carltonreid/2020/05/01/bicycling-booms-during-lockdown-but-theres-a-warning-from-history/#3adf8c8f41cf Some other articles on the boom in cycling: https://www.8newsnow.com/news/local-news/local-bike-shop-sees-boom-in-business-as-more-las-vegans-turn-to-cycling/ https://www.timesunion.com/news/article/As-COVID-19-spreads-bike-sales-boom-15248527.php https://www.slowtwitch.com/News/The_Covid-19_Bike_Boom_7665.html The downside for shops is that even though they're selling a lot more units, it's not the high-cost bicycles that are selling well. "Bikes at $500 and under, they’re selling like toilet paper. In fact, the scarcity of these bikes has forced the price points higher." Service departments are also very busy, even doing shifts. Another upside is that while bicycle shops can be open, some of their competitors, stores for whom bicycles are just one product line (REI, Sports Basement, Dick's) cannot be open. OTOH, online bicycle sales are booming. My next door neighbor has bought two Linus bicycles online and brought them over to me for free assembly. Could it be that some of the entities advocating for a premature end to shelter-in-place, and reopening everything even though all the medical experts have stated that doing so will cause a second wave of infections and deaths, are seeking to benefit financially from the second wave? Hopefully not. |
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