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May 20, 2024

Bike shops boomed early in the pandemic. It's been a bumpy ride for most ever since

By MAE ANDERSON
AP Business Writer

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Early in the pandemic, a surge of interest in cycling pushed sales up 64% to $5.4 billion in 2020, according to the retail tracking service Circana. The boom didn’t last.

For the nation's bicycle shops, the past few years have probably felt like the business version of the Tour de France, with numerous twists and turns testing their endurance.


 
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