Nope. There too. It turns out that foot traffic and bike traffic do a lot more for small shops than cars do (because drivers go fast enough that they don't pay attention to 90% of the small shops).
Evidence for bike lanes in the US comes from very methodologically suspicious studies (e.g. the Portland State one) that were heavily influenced by hyper-local effects and neglected to look at nearby businesses.
Some of the more honest studies found the opposite effect. E.g. the LA study has shown that the non-sabotaged section had more revenue growth than the road-sabotaged section.
This would really be relative to what kinds of shops, and the layout of the street parking (if any) after the bike lane is put in place. You're assuming that bike traffic is sufficient to make up for car traffic. But if it's a market, a bicyclist or pedestrian might only buy one bag worth of goods, while someone driving up with a car might be there to buy three. Similarly, you're assuming there's increased foot traffic; but the foot traffic doesn't increase just because parking is replaced with a bike lane, so that's basically static.
