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Local bike stores say ofo is having impact on business

(KBTX)
Published: Jul. 19, 2018 at 5:23 PM CDT
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The bike share company ofo is having an impact on some local bike retailers.

Some of the bike stores in town say they've seen less college-aged customers since the bike sharing company set up at Texas A&M. The owner of Cycles, Etc., Robert Rose, said it's difficult to say how much it's impacted his business. He believes another big challenge is people having less disposable income to spend hundreds or more than a thousand dollars on a bike.

"It's difficult at this point to pinpoint the effect of the bike share programs. It's difficult but it's hard to say and really the onus on us as business owners is to figure out how to adapt to changing times," said Rose.

ofo is planning to expand their service in town this fall.

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