Favorite Shop closed down.
#26
Descends Like Avalanche
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Rich as I am sure you remember there was always a Sat and Sun morning road ride that left from Rec Hall...in 2003 when Wheelworks opened they told those riders the rides now started from Wheelworks...then the Sun ride folded...and the Sat ride turned into what I went to...a buddy ride and if you aren't someone's buddy they could give a rats ass about you.
I am hoping the local road scene comes back together and drops the attitude that was prevalent at Wheelworks.
I am hoping the local road scene comes back together and drops the attitude that was prevalent at Wheelworks.
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#27
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I'm somewhat amazed that bike shops, after their phenomenal business last summer with the run-up in gas prices, haven't been able to hold on longer, especially in Los Angeles, where I live, and where the weather is almost always fine. I suppose, even with the drop in gas prices and severe winter weather over much of the country, it's not just a matter of people not wanting to spend money on bikes and bike repair during this recession/depression. It's that many people don't have any money to spend, like the 70,000+ laid off yesterday.
My friend, who works for Giant, tells me wholesale bike sales have been good - at least until now - that it's purchases of accessories and repairs that have taken a major nosedive.
Whenever I visit little Beverly Hills bike shop (which is across the street from the Beverly Hills city line), the two or three sales/repair people there are always friendly and helpful. While the prices are on the high side, I find their attitude is so much more welcoming than I've found at some of the larger shops in town, such as Performance, in Santa Monica, where customers are ignored unless they're bold enough to track down a salesperson. It'll be interesting to see which of my local shops survives, and of course I hope they all do.
My friend, who works for Giant, tells me wholesale bike sales have been good - at least until now - that it's purchases of accessories and repairs that have taken a major nosedive.
Whenever I visit little Beverly Hills bike shop (which is across the street from the Beverly Hills city line), the two or three sales/repair people there are always friendly and helpful. While the prices are on the high side, I find their attitude is so much more welcoming than I've found at some of the larger shops in town, such as Performance, in Santa Monica, where customers are ignored unless they're bold enough to track down a salesperson. It'll be interesting to see which of my local shops survives, and of course I hope they all do.
We had a thread about how to survive this for the LBS a long while back and I think everyone was in agreement that it is the shops that managed their inventory (have little of it now) and managed their cashflow that will survive this. Those with heavy amounts of inventory borrowed on credit will most assuredly die.
That actually means that shops that have been around longer who most likely have longer/better terms with more wholesalers are probably more likely to be overleveraged (subject to collapse) than newer shops who have yet to establish terms.
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#28
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Hey...while we're jabbering on this if there is anyone from the maufacturer's side looking for a kick-ass sales rep for multiple lines.....give me a pm.
I like to keep my options open.
I like to keep my options open.
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#29
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Just a thought.....
Think the Feds would throw a couple Billion $$$ to bail out the LBS ?
Gets my vote over giving out cash just to enhance executive pay bonus', etc.
Think the Feds would throw a couple Billion $$$ to bail out the LBS ?
Gets my vote over giving out cash just to enhance executive pay bonus', etc.
#30
Burning Matches.
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I agree, somewhat. Wasn't really where I expected a bike shop; that said, once you know it's there, it isn't very far, and was a close ride from campus. Putting it right next to the Bike Shop wouldn't have been a good idea, either, so I think they were thinking to just go North of Campus... seems like that area's been growing the last decade or so, anyway.
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#31
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Getting there was easy, it was riding back up that hill...
If I was running a ride out of a bike shop, it would definitely be a no-drop ride. That's just horrible advertising.
If I was running a ride out of a bike shop, it would definitely be a no-drop ride. That's just horrible advertising.
#32
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that does sound awesome. That would be nice if someone were to resurrect that. I see some people up there at 5:00 occasionally, but it's just a few people.
#34
He drop me
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Ok so I did some asking and got some additional info on this closing. Trek went in and closed them down...something about not paying their bills seems to have caught up with them. I was also told that for some time now they weren't even paying their employees rather giving them merchandise as payment. This is what happens when you don't know how to run a business.
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#35
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As a PSU alum, I'm sad that I wasn't into riding until after college so I never got to ride around the area. But on some of my visits back, I've stopped my Wheelworks and thought it was just an average store at best. I'm a Trek guy so I preferred Wheelworks over TBS. I wonder what they did with the inventory but maybe Trek took everything back for non-payment of bills.
#36
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I have relatives near Centre Hall and I may be visiting them when the weather warms up as I will be back in the US. Any idea which shops now do the group rides and what levels are they geared to? I'm sort of in the middle. Not a turtle, but not a rocket either...
#37
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Maybe PBK will step in to sponsor some local races.....
#38
He drop me
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https://www.thebicycleshopinc.com/00_...des-trails.htm
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#39
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See there is the issue...we don't have a lot of group rides. The best one for the level you refer to would be the Tuesday evening ride that alternated between the Military Museum in Boalsburg and Fairbrook park. When the time comes drop me a line and I will give you better details on where to meet. There are a bunch of informal get together rides as well but I haven't figured out a schedule to them...I think you basically have to get on the email list and hope you can go.
https://www.thebicycleshopinc.com/00_...des-trails.htm
https://www.thebicycleshopinc.com/00_...des-trails.htm
#40
Herasmus B Draggin
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Funny......and unlikely. They're cheap because all they do is move stuff. Actually supporting cycling takes a lot more effort......and money.
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#41
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Not so fast.
This is more likely what happens when you have a few good years and are growing. You buy more to take advantage of better pricing in the fall because every previous year you've sold more than the preceding years at Christmas. Few expected the markets to crash. When it did, most shops (including mine) lost their bank lines of credit due to "market conditions" and in spite of the billions we've thrown at the banks, refuse to reopen them. Suddenly your capital stream is cutoff and the bills keep coming, and now, to top it all off, no one is buying!
Don't automatically blame the owner just because he or she isn't sitting on a pile of extra cash. It's bad out there right now. I'm working an extra job outside the shop and have cut everything back to the nub just trying to get through the winter.
This is more likely what happens when you have a few good years and are growing. You buy more to take advantage of better pricing in the fall because every previous year you've sold more than the preceding years at Christmas. Few expected the markets to crash. When it did, most shops (including mine) lost their bank lines of credit due to "market conditions" and in spite of the billions we've thrown at the banks, refuse to reopen them. Suddenly your capital stream is cutoff and the bills keep coming, and now, to top it all off, no one is buying!
Don't automatically blame the owner just because he or she isn't sitting on a pile of extra cash. It's bad out there right now. I'm working an extra job outside the shop and have cut everything back to the nub just trying to get through the winter.
#42
Senior Member
One recent story I have is a female friend of mine who was looking for her her first real road bike....they told her she needed a $4500 Madone but they didn't have one in her size...they would order it for her with a 20% deposit....yea $4500 Madone as a first road bike with no test ride....sure.
Last edited by sunburst; 02-08-09 at 01:36 AM.
#43
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Is this a Trek thing in general? I wanted to test ride a Pilot (if I remember right) and the local Trek dealer didn't have one on the floor in my size. They wanted a refundable deposit just to build one for me to test ride. And it was sitting in a box in the back. I figured if they had it, why didn't they build it anyway. I take a very common 56cm, in standard geometry, and the Pilot's compact geometry means they can stock even fewer sizes. That's partly why I ended up with a Giant - it seemed cheap and unreasonable of the Trek dealer.
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#44
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I think many bike shops are in for trouble. . .sad, but I often wonder about their business model. I recently went in to my LBS to look for some PI bib shorts (microsensor 3d) that retail for $149. I knew I could get them at Performance for 124.99 less the 20% special they were running for a total price $95.97 each but would prefer to buy them locally. This is the store that I have bought six bikes at in the last 4 years - me, wife, kids. For me and the wife they were high end expensive bikes (2 each). I have also bought parts, helmets, etc...
So I am looking and the manager comes out who I know. I told him I need 3 pair and what can he do on price and/or when will they go on sale? His answer - that is the price and I don't know when they will go on sale. I ask if he can knock of a bit so I can get them here - nope. After a few minutes I leave and go home and order 3 pair from Performance saving myself $54 per pair.
I don't get it. I am a good long term customer, have bought thousands of dollars with of bikes, parts, gear and willing to pay over Performance - I wasn't asking him to match Performance just drop a little or let me know when the next sale would be but there was no give. Had he dropped the price $20 a pair I would have bought them but I cannot justify paying $54 MORE per pair.
In today's economy $54/pair is real money and I don't believe that at $20 off per pair they weren't still making money.
So I am looking and the manager comes out who I know. I told him I need 3 pair and what can he do on price and/or when will they go on sale? His answer - that is the price and I don't know when they will go on sale. I ask if he can knock of a bit so I can get them here - nope. After a few minutes I leave and go home and order 3 pair from Performance saving myself $54 per pair.
I don't get it. I am a good long term customer, have bought thousands of dollars with of bikes, parts, gear and willing to pay over Performance - I wasn't asking him to match Performance just drop a little or let me know when the next sale would be but there was no give. Had he dropped the price $20 a pair I would have bought them but I cannot justify paying $54 MORE per pair.
In today's economy $54/pair is real money and I don't believe that at $20 off per pair they weren't still making money.
#45
Big Ring Masher
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The business model is the problem, for almost all bike shops that is. The Shop I work for has been changing the culture of wheeling and dealing for the last year. We arnt offering tons of discounts anymore, and we actually havent seen any drop in sales. Last month we were actually way up.
That along with increasing pricing by a buck on some consumable items has driven our profit up.
Shops around us are shutting down, yet we are about to open our eighth location, yes thats right we are expanding!
We all still laugh when people come in and tell us that we should be giving everyone discounts due to the economic climate.
The culture of giving discounts to people that dont do anything for the shop is what is killing these shops. I am sorry to see them go. Alot of good people work for these shops, but we cant keep doing this as an industry. What can be measured will be the key to success. Shops need to doa better job of selling lube, accessories, and service plans.
Sponsorships are gonna start going away, and more is going to be expected of sponsored riders. I would suggest to those of you in clubs or are sponsored riders, offer to help the shop. Have someone volunteer during the busy times on the weekends help with flats and baskets, do a outreach maintenance clinic, or offer to do a beginners ride once a month. These things will help the ownership of the shop realize how much you all do for the shop
That along with increasing pricing by a buck on some consumable items has driven our profit up.
Shops around us are shutting down, yet we are about to open our eighth location, yes thats right we are expanding!
We all still laugh when people come in and tell us that we should be giving everyone discounts due to the economic climate.
The culture of giving discounts to people that dont do anything for the shop is what is killing these shops. I am sorry to see them go. Alot of good people work for these shops, but we cant keep doing this as an industry. What can be measured will be the key to success. Shops need to doa better job of selling lube, accessories, and service plans.
Sponsorships are gonna start going away, and more is going to be expected of sponsored riders. I would suggest to those of you in clubs or are sponsored riders, offer to help the shop. Have someone volunteer during the busy times on the weekends help with flats and baskets, do a outreach maintenance clinic, or offer to do a beginners ride once a month. These things will help the ownership of the shop realize how much you all do for the shop
#46
not a role model
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I think many bike shops are in for trouble. . .sad, but I often wonder about their business model. I recently went in to my LBS to look for some PI bib shorts (microsensor 3d) that retail for $149. I knew I could get them at Performance for 124.99 less the 20% special they were running for a total price $95.97 each but would prefer to buy them locally. This is the store that I have bought six bikes at in the last 4 years - me, wife, kids. For me and the wife they were high end expensive bikes (2 each). I have also bought parts, helmets, etc...
So I am looking and the manager comes out who I know. I told him I need 3 pair and what can he do on price and/or when will they go on sale? His answer - that is the price and I don't know when they will go on sale. I ask if he can knock of a bit so I can get them here - nope. After a few minutes I leave and go home and order 3 pair from Performance saving myself $54 per pair.
I don't get it. I am a good long term customer, have bought thousands of dollars with of bikes, parts, gear and willing to pay over Performance - I wasn't asking him to match Performance just drop a little or let me know when the next sale would be but there was no give. Had he dropped the price $20 a pair I would have bought them but I cannot justify paying $54 MORE per pair.
In today's economy $54/pair is real money and I don't believe that at $20 off per pair they weren't still making money.
So I am looking and the manager comes out who I know. I told him I need 3 pair and what can he do on price and/or when will they go on sale? His answer - that is the price and I don't know when they will go on sale. I ask if he can knock of a bit so I can get them here - nope. After a few minutes I leave and go home and order 3 pair from Performance saving myself $54 per pair.
I don't get it. I am a good long term customer, have bought thousands of dollars with of bikes, parts, gear and willing to pay over Performance - I wasn't asking him to match Performance just drop a little or let me know when the next sale would be but there was no give. Had he dropped the price $20 a pair I would have bought them but I cannot justify paying $54 MORE per pair.
In today's economy $54/pair is real money and I don't believe that at $20 off per pair they weren't still making money.
Do you haggle when you go into Foot Locker at the mall? How about when you buy your dress shirts?
Maybe they just don't want to be in the business of haggling every sale on every item they have. I know I certainly wouldn't.
#47
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Oh well. . .it will be interesting to see how the year pans out in general for LBS. .
#49
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I don't want them to haggle every sale and every item - I wasn't buying a water bottle. I was buying three pair of $150 shorts that are readily available elsewhere for 30% less. I asked when the spring sale was going to occur and got no answer. Clearly they can decide how they want to sell stuff and what, if any discounts. I can decide where to spend my money.
Oh well. . .it will be interesting to see how the year pans out in general for LBS. .
Oh well. . .it will be interesting to see how the year pans out in general for LBS. .
Clearly you are not the type of customer that your LBS wants. NOBODY should ever tell a customer about an upcoming sale. That is right down stupid. So tell the person when it is so they dont spend as much or as little today? Comeon, thats rediculous.
#50
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Is this a Trek thing in general? I wanted to test ride a Pilot (if I remember right) and the local Trek dealer didn't have one on the floor in my size. They wanted a refundable deposit just to build one for me to test ride. And it was sitting in a box in the back. I figured if they had it, why didn't they build it anyway. I take a very common 56cm, in standard geometry, and the Pilot's compact geometry means they can stock even fewer sizes. That's partly why I ended up with a Giant - it seemed cheap and unreasonable of the Trek dealer.
If you have a Trek that doesn't sell, but it is still in the box unbuilt, Trek will generally take it back for credit with the dealer paying the $40 to send it back. Once it's built though, the shop is stuck with it.
I'm about ready to dump all clothing and shoe sales. Everyone wants a deal anyway, which you will always find somewhere if you look online. I predict we will end up a repair only + a few mid-level bikes + full custom bikes before it's over. Maybe I'm wrong....