Halfords is set to axe its specialist cycling chain Cycle Republic following a strategic review and will instead rely on etail stablemate Tredz to appeal to bike enthusiasts.
The cycling and autocentre chain plans to shutter all 22 Cycle Republic stores and the Boardman Performance Centre outlet, with talks to sell the sites to a third-party buyer underway.
The closures, which will impact up to 226 jobs across the business, are expected to talk place in the latter half of 2020.
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