More bike shop closures in Sydney!

Zippy7
Posts: 309
Joined: Sat May 10, 2014 8:33 am
Location: Sydney, NSW

More bike shop closures in Sydney!

Postby Zippy7 » Sun Jul 29, 2018 3:41 pm

Just happened to go to King St Cyclery website and saw that they are closing down.
http://www.kingstreetcyclery.com.au/
Last day is Sunday 5 August.

Noted that Two Monkeys Alexandria closed abruptly earlier this month.

Also saw an email overnight that Clarence St Cyclery is partnering with Trek (sounds like the Cook family has sold the business to Trek?)

Sounds like doom and gloom...

Shame I'm not in the market for a new bike.
Successful trades : Rheicel, Je, wgc138, 2ndeffort, celeste boy, rodneycc

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g-boaf
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Joined: Mon Sep 26, 2011 6:11 pm

Re: More bike shop closures in Sydney!

Postby g-boaf » Sun Jul 29, 2018 4:56 pm

Zippy7 wrote:Just happened to go to King St Cyclery website and saw that they are closing down.
http://www.kingstreetcyclery.com.au/
Last day is Sunday 5 August.

Noted that Two Monkeys Alexandria closed abruptly earlier this month.

Also saw an email overnight that Clarence St Cyclery is partnering with Trek (sounds like the Cook family has sold the business to Trek?)

Sounds like doom and gloom...

Shame I'm not in the market for a new bike.


I've previously purchased some hard to find tools from King Street Cyclery at reasonable price. I hope Clarence Street Cyclery doesn't change too much - they are a really excellent bunch of people, cannot rate them highly enough.

Jmuzz
Posts: 539
Joined: Mon Jan 29, 2018 1:42 pm

Re: More bike shop closures in Sydney!

Postby Jmuzz » Mon Jul 30, 2018 12:58 pm

Zippy7 wrote:Sounds like doom and gloom...
Shame I'm not in the market for a new bike.


Hard to compete with online and warehouse pickup business models.
Even for immediate pickup items the online ordering system let's warehouses be located in a cheap back alley or away from street level and fit a lot of stock in a compact shelving system.

I don't envy any traditional retail because the business model is surely dead besides some luxury items which people will splurge on vacation and big sales.

Trying on clothes and test riding is still important, but eBay plus and similar premium services now offer 30 day free return without reason so nothing can compete with that, people can try on item for hours and even in use and then decide it's not quite right.

Zippy7
Posts: 309
Joined: Sat May 10, 2014 8:33 am
Location: Sydney, NSW

Re: More bike shop closures in Sydney!

Postby Zippy7 » Thu Aug 02, 2018 9:17 pm

Clarence St is sold to Trek...
Thats why the Parlee were on sale earlier
Successful trades : Rheicel, Je, wgc138, 2ndeffort, celeste boy, rodneycc

tcdev
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Re: More bike shop closures in Sydney!

Postby tcdev » Thu Aug 02, 2018 9:30 pm

Heard tonight (second-hand) that Two Monkeys closed due to a dispute with the landlord...
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