Anybody heard about this?
Do you trust them to deliver the products?
Thanks!
I made an order from them (Planet Cyclery) last week - arrived fine. I poked around at the sites quite a bit - to my eye there was not much interesting inventory, and some of the ‘deals’ were not all that great. Cross check other vendors and Amazon before ordering there.
B. Riley Retail is facilitating the total liquidation of Planet Cyclery and Colorado Cyclist’s inventory, in connection with the executed General Assignment for the Benefit of Creditors (the “ABC”) of Velo.
Colorado Cyclist and Planet Cyclery promote ‘closing sale’ | Bicycle Retailer and Industry News
.
Private equity at it’s game. (again)
Disappointing.
Back in the 90’s I loved getting their catalogs in the mail.
They had high quality handbuilt wheels, and I’m still riding them 30 yrs later. Never had to adjust them, whereas other builders I’d have to adjust spike tension or dishing.
Bought a Litespeed frame from them 20 yrs ago that’s still going strong.
On the one hand, I feel badly for any employees left in the lurch, but… thinking back to the late 90s, an awful lot of local bike shops suffered at the hands of Colorado Cyclists’ pricing, which the small shops couldn’t compete with. There weren’t too many online retailers at the time, so it was all milk and honey for CC. The competitive landscape for online retailers is much broader, and apparently CC just couldn’t keep up. Shedding no tears for CC, the company.
Interesting point about impact of CC and similar back in the 1980’s on local shops. That was when mail order cycling was taking off. Colorado Cyclist was of the early national mail order companies, along with Performance, Nashbar, Supergo, and few others–pretty much all defunct now.