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Our industry is awash in bad news. As we publish this in December, and Christmas layaways already a distant memory, it's certain that 2023 will turn out to be the worst sales year this century when corrected for inflation.
Sure, bike shops are going out of business, but new ones are stepping up to take their place at an equal or greater rate.
The Quadrumvirate members may remain constant, but there's plenty of change in the rest of the top ten over the last 13 years.
Staying small and lean seems to work, at least for some non-aligned dealers.
The IBD isn't dead, but it definitely ain't what it used to be. Suppliers, too. In fact, the entire specialty retail channel is adapting to a new way of doing business.