Peloton, a four-year-old startup that sells exercise bikes tied to a live-streamed workout experience, is revving up for expansion armed with fresh capital.
The company sells its product through its website and its network of showrooms. It currently has 22 retail stores around the nation, including locations at such premium malls as The Mall at Short Hills, Short Hills, New Jersey; The Westchester, White Plains, New York; and The Galleria, Houston. It is set to open a store at Bellevue Square Mall, Seattle, at the beginning of June. The brand hopes to have 40 stores by year-end, according to Business Insider.. . . more