About a week or two ago, a Performance bicycles outlet opened in Austin on Anderson near Stein Mart... I don't have the numeric address, but its between Shoal Creek and Burnet Road, across the street from a Payless Shoes.
Its a double-edged sword. I've yet to check it out, but it should have some cool stuff and upgrades are upgrades. The bad thing is that there are already enough bike shops in that area. In less than a 1000 foot radius, you have Performance, Discovery Cycles, Nelo's Pro Cycles, Sports Authority, and Sun & Ski... that area is absolutely packed with them. I just hope none of the old shops are impacted by this.