The retail apocalypse has caught up with local cyclists. All of the Performance Bicycle shops in the United States are in the midst of store-closing sales. The San Diego region had six stores between ...

A bid by European sports company Head Sport to buy most of the assets of the bankrupt retailer Performance Bicycle has hit a snag, after the two parties disagreed on which assets were actually part of ...

Advanced Sports Enterprises, the parent company of bicycle retailer Performance Bicycle, plans to eliminate 200 jobs at Performance Bicycle’s corporate office in Chatham County, according to a notice ...

Like golfers, many cyclists tend to think they’re just one piece of new equipment away from real success. Electronic shifters. A lighter carbon frame. Aerodynamic carbon wheels. “If I just had (that), ...

North Castle Partners has been wheeling and dealing: The private equity investor announced on July 3 it bought Performance Bicycle. Terms of the deal were not disclosed. In addition to the flagship ...

After a bumpy bankruptcy process, the parent company of Chapel Hill-based Performance Bicycle found a buyer. But the new owner will close all of the stores, resulting in close to 2,000 layoffs across ...