US bike shops boomed early in pandemic, now facing bumpy ride

For the nation's bicycle shops, the past few years have probably felt like the business version of the Tour de France, with numerous twists and turns testing their endurance.

Early in the pandemic, a surge of interest in cycling pushed sales up 64% to $5.4 billion in 2020, according to the retail tracking service Circana. It wasn't unheard of for some shops to sell 100 bikes or more in a couple of days.

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