Description: Charlie McCorkell supported New York’s Citi Bike program from the beginning, as one of the bicycle-sharing network’s founding members. But he’s also the owner of several local bike shops. This presents a problem.
Date: June 05, 2014
Questions for Discussions:
- How has the introduction of bike-sharing impacted small business bike shops?
- Explain the responses in the marketplace in terms of supply and demand forces.
- What is your forecast for these two business sectors of the biking industry?
- How should store managers respond?