Originally Posted by
livedarklions
I think a better description of what's happened in the past couple decades is that LBS can no longer mark up their parts and accessories because they are competing with online retail.
And yet many bike shops do mark up their prices and sell their stock at higher prices than what you can get online and their business is thriving...and people still go there and buy stuff from them. Majority of people still prefer in - store shopping instead of shopping online. A couple of regulars here on this list who prefer online shopping don't represent the shopping preferences of majority of consumers out there.