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
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