A bike shop in Woodhaven, Michigan, says it will be closing after nearly 80 years of serving the Downriver community.

The Petri family said in a social media post on Saturday, and followed up with a press release, that Petri Bikes, also known as Al Petri and Sons Bicycles, will cease operations after Nov. 29. Al and Joyce Petri first opened the business in 1946. 

The family pointed to changes in the bicycle retail industry over the past few years and upcoming retirements among their team as their reasons for the decision. In their note, they spoke about the contributions the company made in promoting cycling in the Downriver community, along with supporting community events and bicycle safety initiatives.

"This isn't a story of loss, but one of gratitude," the family said. "We're deeply thankful for every customer, friend, and supporter who's been a part of our journey. The relationships we've built and the community we've been proud to serve mean more than words can express."