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Retro Fitness has plans to open 500 gyms over five years following an investment from BlackRock Impact Opportunities.
Retro Fitness currently has around 200 gyms open or in development, and it's eyeing at least 1,000 following a full-scale rebrand.
Under Alfano's watch, Retro Fitness has undergone a massive rebrand and struck an agreement that will see BlackRock open at least 80 gyms.
Project LIFT by Retro Fitness will enable African-American and non-Black Hispanic citizens to enjoy greater access at low prices.
Retro CEO Andrew Alfano says Project LIFT will enable the fitness company to give money back to organizations within communities across the US
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