Bike Retailers Ride Inventory Glut As Demand Softens
June 5, 2023
As American consumers return to spending money on experiences post-pandemic, they’re not spending nearly as much at bike shops as they did during the COVID-19 outbreak.
Thus bike retailers that struggled to keep inventory in stock during the peak demand of the lockdowns and restrictions of 2020-2022 now have too much on hand, even though data shows participation in biking is still on the rise overall. The Daily Outdoor Retailer
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