gyms

Planet Fitness Reopening Harford Gyms On June 19

TIMONIUM, Md. – Planet Fitness, one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, will reopen its Harford County locations, Friday, June 19.

As an industry leader, the health and safety of Planet Fitness’ members and team members is a top priority. In preparation for reopening clubs and welcoming members back to the Judgement Free Zone® in a safe and responsible way, Planet Fitness has taken several steps to strengthen existing cleanliness policies and procedures, in an effort to protect the health and well-being of members, team members and the local community.

Some changes include:

· All team members will have completed extensive training related to our enhanced cleanliness and sanitization policies and procedures.

· Team members will receive daily temperature checks when they arrive to work each day.

· Increased, thorough cleaning will be conducted using

Read More

24 Hour Fitness files for bankruptcy, closes over 130 gyms amid coronavirus pandemic

24 Hour Fitness announced Monday the company is filing for Chapter 11 bankruptcy after having to close more than 130 gym locations around the country amid the coronavirus pandemic.

“If it were not for COVID-19 and its devastating effects, we would not be filing for Chapter 11. With that said, we intend to use the process to strengthen the future of 24 Hour Fitness for our team and club members, as well as our stakeholders,” Chief Executive Officer Tony Ueber said in a statement.

Once approved in court, the company expects to secure approximately $250 million in debtor-in-possession (DIP) financing, which along with its cash from operations, will allow 24 Hour Fitness to continue operations and reopen its remaining clubs.

RETAIL INVESTORS TOP WALL STREET PROS AS STOCK MARKET RECOVERS FROM CORONAVIRUS SELLOFF

24 Hour Fitness, an industry leader for more than 30 years, said Sunday it’s permanently closing

Read More