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Evanston’s long-time bicycle shop, Ten 27 Cycles, originally Turin, will close its doors after more than 40 years at 1027 Davis St. A storewide clearance event will give customers the opportunity to get deals for early holiday shopping and any of their cycling needs.

“Unfortunately, several factors have made this closure necessary,” said owner Chris Mailing. “The name change we executed last spring has not gone as planned. In the context of a soft economy, the expense and difficulties of that name change have been too great to bear. We sincerely regret disappointing our loyal customers. That our store has served the cycling community for so long is a testament to our devoted staff and the enthusiasm of our customers.”

All merchandise is currently discounted 15 to 40 percent, with additional deep markdowns to be taken on any remaining items over the next few weeks. The sale will continue until everything is sold. More information is available at www.ten27cycles.com.