Performance Bicycle
We have some bad news for all bicycle enthusiasts and cyclists out there. The biggest bicycle retailer in the country has decided to close for good. As of March 2, all 104 stores have shut down. Last fall, its mother company Advanced Sports Enterprises decided to file for bankruptcy. Initially, it wanted to save half of its locations by lease renegotiation. Sadly, the company eventually decided to close altogether.
Performance Bicycle
Sears
Sears Holdings, the very company that owns Kmart and Sears, announced that it planned to close about 90 stores by March. Its list of stores showed that locations all over the United States were going to be affected by the closure. Texas and Florida suffered the biggest impact with 7 shuttered stores in each.
Sears