Once-ritzy Peloton will hit Costco stores at a discount next month

The Peloton Bike+ will be sold at a discount online and in 300 Costco stores from November through mid-February.

NEW YORK — Peloton plans to sell its deluxe stationary bike at Costco this holiday season as the struggling connected-exercise company seeks to broaden its customer base.

The Peloton Bike+, a stationary bike that enables riders to participate in online classes and work out with a virtual community of friends, will be sold at a discount online and in 300 Costco stores from November through mid-February, the companies announced Tuesday.

The model will sell in Costco stores for $1,999 and will require self-assembly. That’s about $500 cheaper than

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