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2 mins read
Gold’s Gym bankruptcy in the US won’t impact its centres in India
However, its India business remains safe and will have no impact from the financial restructurin…
2 mins read
Gold's Gym has filed for bankruptcy protection after closing locations amid coronavirus
Gold's Gym referenced coronavirus-related business disruptions in its announcement about its Chapte…
Madeline Stone
1 min read
These 5 fitness and sporting goods companies have filed for bankruptcy in 2020, as the coronavirus continues to dramatically change how Americans exercise
A growing number of fitness companies have filed for Chapter 7 or Chapter 11 bankruptcy in recent m…
Bethany Biron
2 mins read
24 Hour Fitness reportedly considers bankruptcy options as the coronavirus pandemic continues to squeeze gyms across the US
Gyms and fitness studios are suffering as the coronavirus lockdown keeps their businesses closed an…
Mary Hanbury
2 mins read
Parent of New York Sports Clubs and Boston Sports Clubs has filed for bankruptcy as the pandemic ravages gyms
Town Sports International, parent of New York Sports Clubs and others, filed for bankruptcy as many…
Madeline Stone
2 mins read
New York Sports Clubs and Lucille Roberts dealt restraining orders banning the gym chains from charging fees to select members
The New York Attorney General's office has received 1,848 consumer complaints about New York Sports…
Madeline Stone
2 mins read
24 Hour Fitness files for bankruptcy and closes over 130 gym locations across the US
"If it were not for COVID-19 and its devastating effects, we would not be filing for Chapter 11," 2…
Mary Hanbury
2 mins read
Peloton reports 66% increase in sales as coronavirus keeps consumers working out at home
Along with skyrocketing sales, Peloton saw app subscriptions up 64% by the end of the quarter versu…
Mary Hanbury
4 mins read
Flywheel Sports is filing for bankruptcy and closing all of its studios, becoming the latest fitness company to meet its demise as a result of the pandemic
The company joins a growing list of fitness chains that filed for bankruptcy in recent months, incl…
Bethany Biron
2 mins read
NY Attorney General Letitia James is suing New York Sports Clubs over complaints the chain charged membership fees while closed during the pandemic
The NY AG's office has received 1,848 consumer complaints about New York Sports Clubs and Lucille R…
Madeline Stone
3 mins read
The Drive-Thru: stores reopen, the pandemic bankruptcies start, and meat shortages plague fast food and retail
Some chains are reopening, some are filing for bankruptcy. Plus meat shortages plague retail. Read …
Shoshy Ciment
1 min read
Wreckage of missing airplane carrying German fitness mogul Rainer Schaller reportedly found off the coast of Costa Rica
The McFit founder's airplane went missing on Friday after departing the Mexican city of Palenque. H…
Bethany Biron
4 mins read
Insider Retail: The best retail stories of 2020 - and what to expect in 2021
A look at the year in retail, including winners and losers and the pandemic's impact on everything …
Shoshy Ciment,Bethany Biron
4 mins read
The Drive Thru: Whole Foods tracks union activity and everything else you need to know about coronavirus, restaurants, and retail
How do national chains qualify for small business loans? How is Whole Foods tracking union activity…
Shoshy Ciment
5 mins read
The real threat to Facebook and Twitter isn't a pandemic or a president
This week in Trending, we look at the latest round of problems involving social media companies as …