A spate of lawsuits targeting gym chains over member charges is a bad sign for a huge industry that may have a hard time getting back into shape post-pandemic
Centers can be notoriously tough to keep clean: 63% of gym equipment is contaminated with viruses, especially rhinoviruses, which cause the common cold, according to a 2006 study by the“If there’s a downturn, you can bet decadent workout packages will be one of the first things people ditch,” wrote a
Opinion columnist in September 2019 before the pandemic, warning of trouble for expensive fitness boutiques like Barry’s Bootcamp and SoulCycle.he is optimistic that low-cost gym chain Planet Fitness will “emerge stronger” post-coronavirus pandemic due to its liquidity and brand positioning. There’s a widespread movement for at-home workout innovation, with Peloton’s revenue growing 98% year-over-year, though at $2,000-plus per bike,BIG NUMBER
$30 billion. That’s 2017 revenue from the 30,000-plus gyms and membership-based facilities in America, according toFitness centers have been deemed non-essential businesses in the stay-at-home orders mandated by governors across the country, causing gym chains like
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coronavirus Pandemic Crushed Chinese Smartphone Business, Slowly RecoveringThe coronavirus has had a devastating impact on the regularly thriving smartphone industry in China.
Read more »
Coronavirus Layoffs: Groupon, Dish Latest To Cut Jobs Amid PandemicThe national crisis, spurred by the spread of coronavirus, has impacted nearly every industry.
Read more »
Coronavirus Layoffs: Groupon, Dish Latest To Cut Jobs Amid PandemicThe latest on coronavirus layoffs: - Groupon will lay off or furlough around 2,800 employees - Satellite TV provider Dish is laying off an undisclosed number of its 16,000 employees by lisettevoytko
Read more »
Coronavirus Layoffs: Groupon, Dish Latest To Cut Jobs Amid PandemicThe national crisis, spurred by the spread of coronavirus, has impacted nearly every industry.
Read more »
Russia's coronavirus cases surpass 20,000 in record daily riseRussia on Tuesday reported 2,774 new cases of the coronavirus, a record daily rise, bringing its overall nationwide tally to 21,102, the country's coronavirus response centre said.
Read more »
L.A. voters lack confidence in Trump's coronavirus performance, give Newsom, Garcetti high marks, poll findsCoronavirus: L.A. voters lack confidence in Trump's coronavirus performance, give Newsom, Garcetti high marks
Read more »