The original 40 store sales, including those at the three Performance stores in Maryland and some sites in California, Florida, Texas and Colorado, will run through Jan. 27. The 62 other sales, including the stores in the Philadelphia area and in the Southeast, Midwest and West, will run through Feb. 28. The chain plans to cancel store leases and supplier contracts. Canceling supplier contracts could allow the company to sell its bike brands for higher prices, according to bankruptcy filings.