Thread: Bikespring defunct
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Old 01-01-08, 10:59 PM
  #8  
johnny99
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Here are a couple of articles on the store:
http://www.bicycleretailer.com/news/newsDetail/239.html
http://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.
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