Bikespring defunct
#1
Spinning like a gerbel
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Bikespring defunct
Passed through Castro St in Mountain View and saw a "For Lease" sign in the Bikespring" window. Nothing inside either. I guess it comes as no surprise.
#2
I ride red bikes
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It's been interesting watching that store for the last few months - did I mention I live across the street? - as they were closed with all of the inventory still around and then closed but with that hot S-Works Langster in the window gone and such.
I think it was about two weeks ago that I walked by and saw them loading all of the remaining inventory in to a truck, but it's been closed for a month or two.
I say good riddance to bad rubbish.
I think it was about two weeks ago that I walked by and saw them loading all of the remaining inventory in to a truck, but it's been closed for a month or two.
I say good riddance to bad rubbish.
__________________
Originally Posted by patentcad
[Biking] beats smoking crack. But smoking crack is cheaper.
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I bought an Alias 143mm saddle there but that was about it. I didn't care for the guy working there trying to suggestive sell me a new Specialized bike to go with it.
#4
Spinning like a gerbel
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Yea, I only bought some gloves, tadpole blinkers, and the same Alias saddle. Just didn't get the warm and fuzzy from them. When I saw them first open, I thought about how will this store last. It actually lasted longer than I first thought ... but not for the same reasons I would have thought.
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They were a Specialized concept store, but didn't feel the warm and fuzzy with these guys. I heard that they owed Specialized a bunch of money, and were actually sued by Specialized for about $16,000 of unpaid dues (or something like that).
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Cyclepath Hayward used to be a Specialized shop, but not anymore. apparently, they had a falling out w/ them too, apparently Specialized gave them the impression that the line was too good for them. Not sure why, but either Specialized is alienating people/shops on purpose, or they just have bad luck with shops.
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Here are a couple of articles on the store:
https://www.bicycleretailer.com/news/newsDetail/239.html
https://www.bicycleretailer.com/news/newsDetail/452.html
Sounds like they were $1 million in debt after only 6 months of operation. Creditors wanted their money and they declared bankruptcy in October 2007. Bike shops are a tough business.
https://www.bicycleretailer.com/news/newsDetail/239.html
https://www.bicycleretailer.com/news/newsDetail/452.html
Sounds like they were $1 million in debt after only 6 months of operation. Creditors wanted their money and they declared bankruptcy in October 2007. Bike shops are a tough business.
#9
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Any retail shop that uses craigslist for advertising gets a red flag from me. I'm glad their spam will be absent.
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My understanding is that the owner was never around. Just kinda left the employees to handle things. Im not positive, but I think I remember hearing something about an employee embezzling money, and since the owner was'nt around, by the time he figured it out it was too late. Lets face it, Specialized has a great product line, but if ya dont have good people there will be little to no business.
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I was driving with the family on Sunday when I saw "KINETIC CYCLES" at this new strip mall on Elk Grove Blvd right off of I-5. Seeing that I have to drive into town (Sacramento) whenever I need something for my bike I was doing the happy dance that there's finally going to be a shop in my "little" town of 140,000. Well there is another on the east side but it's the worst shop I've ever been to so I don't count it. I pulled up and it's just about ready to open. I put it in this thread because I didn't want to start a new one, but it relates in that every bike they have so far is Specialized. I was talking to another cyclist and it is supposedly going to have Specialized-only. I googled it and there is nothing about Kinetic Cycles. Does anyone know anything about them or this? Are they related to Bikespring? Just curious.
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I was driving with the family on Sunday when I saw "KINETIC CYCLES" at this new strip mall on Elk Grove Blvd right off of I-5. Seeing that I have to drive into town (Sacramento) whenever I need something for my bike I was doing the happy dance that there's finally going to be a shop in my "little" town of 140,000. Well there is another on the east side but it's the worst shop I've ever been to so I don't count it. I pulled up and it's just about ready to open. I put it in this thread because I didn't want to start a new one, but it relates in that every bike they have so far is Specialized. I was talking to another cyclist and it is supposedly going to have Specialized-only. I googled it and there is nothing about Kinetic Cycles. Does anyone know anything about them or this? Are they related to Bikespring? Just curious.
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Never mind the previous thread... I googled again and they have put up a website within the past 48 hours. D'oh!
For anyone that cares...
https://www.kineticcycles.com/Store_Location.html
For anyone that cares...
https://www.kineticcycles.com/Store_Location.html
#16
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The specialized website for a long time had a job posting regarding liason positions between the company and concept store owners. I wonder if that has anything to do with the trouble some of these stores are having. I know its not competition from a Trek store, since there is only one and the inventory is suprisingly limited.
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The specialized website for a long time had a job posting regarding liason positions between the company and concept store owners. I wonder if that has anything to do with the trouble some of these stores are having. I know its not competition from a Trek store, since there is only one and the inventory is suprisingly limited.