Staff Analysis: Recent layoffs reveal shifting priorities as well as cost cutting

By Stephen Frothingham

Soft market and mergers contribute to industry layoffs, but companies continue to invest in e-commerce.

LONGMONT, Colo. (BRAIN) — A recent spate of layoffs across the U.S. bike industry in the first half of this year, preceded by a substantial number last year, is partly the result of a perfect storm of short-term effects: high supplier inventory, missed bets on category growth, challenging winter and spring weather for some regions, post-merger and acquisition consolidation, and …read more

Via:: Bicycle Retailer and Industry News