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Richmond BizSense Reporting: Coqui Rebranding and Changing Focus

Cornerstone Cycle aka Coqui is expected to open in early June.




From Richmond

Kronenberger’s plan for Cornerstone is to focus on bike service and repairs rather than bike sales, which was the emphasis at Coqui.

The business model pivot, which Kronenberger said is in response to larger trends in the bicycle retail sector, comes in the wake of an unannounced and weekslong closure of Coqui that began in late 2023 and ran into January, frustrating customers who couldn’t gain access to their bikes in the shop at the time.

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Richard Hayes is the co-founder of RVAHub. When he isn't rounding up neighborhood news, he's likely watching soccer or chasing down the latest and greatest board game.