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A fitness industry hammered by the COVID-19 pandemic is facing a prolonged recovery that will take a year or more, one gym owner said recently, as she lamented government stimulus efforts that have been insufficient to help stave off disaster.
Gyms shut down quickly when the U.S. coronavirus outbreak began. The rationale was clear. People exercising indoors and breathing heavily could easily spread the virus. But as NPR's Will Stone reports, gyms are now pushing back... READ MORE @ NPR
As one of the leading franchisors and operators of fitness centers in the United States, Planet Fitness (NYSE:PLNT) had quite the run of success up until the coronavirus pandemic forced the stock to drop 25% year to date. The company's sales in Q2 2020 (ended June 30) were down 77.9% from the prior-year period as...
The Covid-19 crisis has brought with it a mental health crisis in the United States, and new data from the US Centers for Disease Control and Prevention show just how broad the pandemic's impact on mental health might be.
Pandemic has have wreaked havoc on fitness routines
Science so far tells us that the novel coronavirus doesn’t spread through sweat. And, a widely cited Norwegian study, well-conducted but published before peer review, found no increase in COVID infections among gymgoers who regularly washed their hands and followed social distancing measures.
Three in five Americans believe gyms will become a thing of the past due to the COVID-19 pandemic, according to new research.
Until or unless we get this virus under control — which it most certainly isn't now — "safe" reopening is never going to be completely safe. This seems especially true for businesses that push people together in enclosed spaces where they may be breathing heavily.
Demand for fitness isn’t going anywhere but up. In fact, the $30 billion fitness industry has been growing 3 – 4% annually for the last 10 years. How it is delivered, however, is changing before our eyes. The often quoted expression “Never let a good crisis go to waste” speaks perfectly to the opportunity in the industry...
One in four Americans will never be returning to gyms … even once the pandemic is over, according to new research.
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