Local bike shop bike shops have begun themselves to sell products online. A recent development is the introduction of brand specific stores from bicycle manufacturers such as Trek Bicycle Corporation. Other manufacturers, such as Specialized are strengthening their channels with "concept stores". According to the National Bicycle Dealers Association, in 2007 there were approximately 4,400 "specialty bicycle retailers" in the USA; down from 4,800 in 2005. Although they sold only 17% of the bikes, up from 16% in 2005, they collected 49% of the dollars, up from 47% in 2005. In 2004, the average specialty bicycle retailer had gross sales of $550,000 per
Trek Bicycle Corporation American team riding an American made bicycle. Armstrong went on to win a record-setting seven-consecutive Tours de France, all of them aboard Trek bicycles. He did at some points ride a Litespeed bike, painted and badged as a Trek. In 2012, all of Armstrong's Tour victories were rescinded after Armstrong was found to have violated anti-doping regulations. In 1998, Trek established its Advanced Concepts Group (ACG), a collection of engineers and technicians dedicated to technologies development. The leading edge of Trek's design and engineering efforts, ACG is perhaps best known for a number of products introduced and used by Lance