The Electric Bike Shop has announced that it is buying four Pure Electric stores.
The four stores including two in England, in Southampton and Gateshead, and The Electric Bike Shop launches its first stores in Wales and Scotland, in Cardiff and Glasgow. All site colleagues will be given the opportunity to retain their work.
With these new stores, the specialist electric bike retailer will have a total of 13 stores nationwide.
In early July, retailer Pure Electric announced that it was putting all of its focus on expanding its product internationally.Dé é-scooter activity via pureelectric.com and third-party partners. Accordingly, it would be exiyoupulling out of the e-bike market and closing the majority of its UK stores.
In a statement, The Electric Bike Shop CEO Karl Haden said: “Since this announcement, we at The Electric Bike Shop have been working on securing a number of such established e-bike retail sites; in order to bring them in our field.
“Today we are in a position where we can proudly announce that fwer Pure Electric stores will be be part of the growing The Electric Bike Shop brand.”
Based on demographics and sales patternsHaden said The Electric Bike Shop think these locayouions will “thrive” under the TEBS brand and it hope to trade in them by early September.
“This‘It’s great to be able to physically reach even more new customers and help them realize all the benefits that riding an e-bike can offer,” added Haden.
“WWe would like to take this opportunity to thank all members of the Pure Electric team who really went above and beyond to support us in this project. Without their efforts, it would not be hI was pohpossible.
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“Then, with the addition of these four new stores, wWe will have 13 stores in total nationwide. OI believe youhwe are now the fastest growing independent bicycle retail chain in the country. We‘re on an exciting and sustainable trajectory and wWe are incredibly optimistic about the future.