BROOKLYN, NY (BRAIN)—The Trek Bicycle Store of Brooklyn, New York shut its doors on December 31, according to owner Joe Dweck.
"The economy tanked us," said Dweck, adding that people weren't buying bikes. The store had been open for a year.
The Brooklyn store was Trek's first concept store in the state of New York. The store carried more than 300 bikes from Trek, Gary Fisher, Lemond and Mirraco, featuring 6,000 square feet of retail space.
Trek's official statement is that the company doesn't comment on store closings.