The owner of my LBS told me that higher end schwinns and GT's will continue to be sold at shops like his. And the lower end models will be sold at the X-Mart stores. But he does not know what will happen to the other merchandise that has Schwinns name on it. Like computers, gloves and other items. He did tell me that some of the stuff is hard to come by right now because of the buy out by Pacific.
BTW the merchandise such as computers and gloves is probably not made by Schwinn, but rather with their permission by a another manufacturer and as a private label product. But Schwinn does pay for it. The owner of my LBS does not know if Pacific will continue to have the merchandise with Schwinn's name on it manufactured or not. In the mean time he has increased his inventory of other brands of merchandise. He is not to concerned with the buy out, even if he loses his Schwinn line he has plenty of other brands to more then make up for it.