On Wed, 31 Oct 2018 02:19:21 -0700 (PDT), wrote:

I know one bike shop owner and he is packing it in due to online sales and e-bay purchases mainly.
The High St is having a tough time at the moment with pubs, banks and small shops closing
as well as the big boys like American Golf, Toys R Us, Maplins and House of Fraser all vanishing.

The high street is indeed facing challenges, but the least able to
cope seem to be bike shops with rates of closure higher than both
restaurants and pubs, traditionally the most risky enterprises.
However, online bicycle sales are also in decline and overall 2017
bicycle sales were at their lowest for 17 years. The UK has seen a
greater fall than any other European country although those have also
all reported declining sales.

EBike sales increased, but they still remain a small market in the UK.
The biggest supplier of bicycles to the EU is now Cambodia.