Available: https://www.statista.com/statistics/922841/us-health-clubs-by-revenue/, Health club industry companies by revenue in the United States in 2020, Available to download in PNG, PDF, XLS format, Total revenue of the global health club industry 2009-2019, Health club industry: Worldwide revenue by region 2009-2019, Health & fitness club companies by revenue worldwide 2020, Number of fitness and health clubs worldwide 2009-2019, Health clubs - total number by region worldwide 2009-2019, Countries with the highest number of health & fitness clubs 2019, Health & fitness club companies worldwide ranked by number of facilities 2020, Total number of members of health/fitness clubs worldwide 2009-2019, by region, Countries with the most health/fitness club memberships 2019, Health & fitness club companies by membership worldwide 2020, Total number of members of health/fitness clubs in North America 2009-2019, Boutique & high value low price gym membership in the United States 2010-2017, Total revenue of the North American health club industry 2009-2019, Health & fitness club companies by revenue in the United States 2020, Total number of health and fitness clubs in North America 2009-2019, Number of health clubs in the U.S. by state 2019, Fitness industry enterprises in the United States 2022, Fitness club employment in the United States 2012-2022, Hours per day spent on sports, exercise, and recreation in the U.S. 2009-2021, Share of U.S. civilians engaged in leisure and sport activities on weekdays/ends 2019, COVID-19: Share of people who would return to gym/exercise classes in the U.S. 2020, Comfort level with group fitness when COVID-19 improves in the U.S. 2020, COVID-19: estimate time for return to gym/exercise classes in the U.S. 2020, Market share of global health and fitness club industry 2021-2030, Gym, health & fitness club industry revenue in the United States 2012-2022, Gym, health & fitness club industry establishments in the United States 2007-2021, Gym, health & fitness club industry employment in the United States 2007-2021, Revenue share of fitness club companies in the United States 2015, Health/Fitness club companies - Healthtrax International revenue 2019, Health/Fitness club companies - Goodlife Fitness Canada revenue 2012-2014, Health/Fitness club companies - Qingdao Impulse Health Management revenue 2012-2017, Health/Fitness club companies - Goodlife Health Clubs Australia revenue 2012-2016, Health club industry revenue Australia 2013-2017, Health/Fitness club companies - Town Sports International Holdings revenue 2012-2017, Health/Fitness club companies - HSG Health Systems Group Limited revenue 2012-2017, Health & fitness clubs market size in the U.S. 2024, Health/Fitness club companies - Talwalkars Better Value Fitness revenue 2012-2016, How often people in the U.S. work out at their gym 2016, Reasons for not taking private fitness classes among Chinese HNWIs 2017, Frequency of going to the gym in Malaysia 2020, Health club industry companies by revenue in the United States in 2020 (in million U.S. dollars), Find your information in our database containing over 20,000 reports. . White House Requires Removal of TikTok App from FDA Withdraws Proposed Rule on General Principles for Food Standards New FAQs Dramatically Expand Scope of California Labor Contractor Today is the Day Dont Miss the Employer Deadline to Report to OSHA, PTO Seeks Comments on Role of Artificial Intelligence in Inventorship. LA Fitness owns and operates health and fitness clubs that provide gym, pool, aerobics, spa, sun beds, cafe bar and personal training services. Topics covered: e-commerce, payment technology, IT, in-store tech, cyber security, and more. How to File a Lawsuit Against LA Fitness. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Sign In. "Health Club Industry Companies by Revenue in The United States in 2020 (in Million U.S. Now the company's lenders are . Industry Revenue Plummeted by 58% in 2020. While millions have already been vaccinated, with the number jumping every day, millions more are still avoiding offices, parties, travel and all manner of other social events. Have buyer habits changed for good due to the Pandemic? LA Fitness's Profile, Revenue and Employees. Any legal analysis, legislative updates or other content and links should not be construed as legal or professional advice or a substitute for such advice. The Supreme Court Grants Petition to Decide Constitutionality of CFPB Understanding Your Law Firms Value Proposition, Spike in Migrants Crossing U.S.-Canada Border Raising Concerns, Bill to Amend the Gramm-Leach-Bliley Act Introduced to Congress, Energy & Sustainability Washington Update March 2023. AMC When Was the last Time You Went to the Movies? Employers Beware: Non-Disparagement and Confidentiality Covenants in Consultation Paper On Review of Corporate Governance Norms For A High Californias War On The Fast-Food Industry Continues. Despite the companys corner on the big and tall market, retail apparel is facing huge difficulties in the COVID-era. LA Fitness UK. Most Super Bowl wins by NFL team 1967-2023, Average ticket price in the NFL by team 2021, FIFA World Ranking: top male soccer teams 2022, Athletic footwear global market share by company 2015, Health & Fitness Clubs - Statistics & Facts, Sporting goods industry in the U.S. - statistics & facts, Research expert covering sports and video gaming, Profit from additional features with an Employee Account. Show publisher information Top editors give you the stories you want delivered right to your inbox each weekday. Gold's Gym filed for Chapter 11 bankruptcy protection in May, shortly after the company announced it would shutter 30 locations that had been temporarily closed early on in the pandemic. Although vaccines are expected before the end of the year, the distribution will not likely be available to everyone until at least mid-2021. According toCNN, the company continues to close stores due to little foot traffic closing 400 to 450 stores by the end of this year of its more than 5,000 stores globally. (if applicable) for The Wall Street Journal. The rise in streaming services, slow return of consumers to theaters, as well as a significant portion of their current debt being nonconvertible are all signs that there is a high likelihood of a bankruptcy filing to restructure the debt. statistic alerts) please log in with your personal account. dollars)." Why was HIVERY named in Fast Companys 2023 Worlds Most Innovative Companies? You need a Statista Account for unlimited access. 2,968. Bankruptcies were particularly high in September 2021, at 179, due to the impact from the fifth wave of the . The bankruptcy comes one day after the company said it will close 100 locations nationwide. Licenses for Exports to Are You Ready for the UPC? As EPA continues to move toward identifying PFAS as Hazardous Is an OSHA Workplace Violence Standard for the Healthcare Industry on Yellen Calls on World Bank to Take Decisive Action on Climate Change, To Volunteer or Not: The Role of Community Association Board Members. Retail companies are still under strain. In a recent LA Fitness employee lawsuit, the plaintiff argued that he suffered "permanent disability" due to the negligent actions of LA Fitness employees. Gold's Gym plans to permanently close around 30 company-owned gyms, but its franchised locations will reopen as coronavirus restrictions are lifted. Although it has used its good credit ratings and relatively little debt to stave off the filing, the question is how long can it endure. Delaware-based Cyc Holdings, the owner of the indoor cycling chain Cyc Fitness, filed for Chapter 11 bankruptcy protection on October 14. Unless otherwise noted, attorneys are not certified by the Texas Board of Legal Specialization, nor can NLR attest to the accuracy of any notation of Legal Specialization or other Professional Credentials. 50% off + free delivery on any order with DoorDash promo code, 60% off running shoes and apparel at Nike without a promo code, Score up to 50% off Nintendo Switch video games with GameStop coupon code, How Chilis Is Prepping for Tough Times, Starting With the Fries, The Tax Play That Saves Some Couples Big Bucks, Amazon Pausing Construction of Washington, D.C.-Area Second Headquarters. According toForbes, the 448 store, Minnesota-based company founded in 1956 has suffered significant damage, as its cash balanced dropped from $3.2 million to $183 thousand in just three months. No, You Cant Build Here, Opinion: About Those Free Tickets to Hong Kong, Opinion: Common Sense Points to a Lab Leak. The Childrens Place Losses keep Piling Up. . 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Cyc Fitness and YogaWorks just filed for bankruptcy here are the 7 fitness and sporting goods companies that have folded in 2020 as the pandemic upends how Americans exercise. Confidentiality and Non-Disparagement Agreements with Non-Supervisory USCIS Confirms It Will Accept Employment-Based I-485 Applications New Jersey Enacts Bill of Rights for Temporary Workers, DOJ Implements Nationwide Voluntary Self-Disclosure Program. The decline was largely driven by a roughly 31% fall in personal . The 56 oil and gas bankruptcies filed in 2021 was the lowest in four years and well below the six-year average of 81. Trends in the national Chapter 12 bankruptcy rates reflect a recent rise in farm financial stress. Text. Any legal analysis, legislative updates or other content and links should not be construed as legal or professional advice or a substitute for such advice. US Executive Branch Update March 2, 2023. Jo-Ann Stores Private Equity Debt. As part of the filing, the California-based company will permanently shutter all 55 of its locations nationwide. Dallas-based Tuesday Morning Corp. filed its Chapter 11 petition in the Northern District of Texas, listing assets and liabilities of $100 million to $500 million, in its . Dirty Steel-Toe Boots, Episode 16: Investigations and the OSH Acts DOE Issues FOA for Carbon Capture Large-Scale Pilots and Carbon A Forward Look at IRAs Sweeping Impact on the EV Sector [PODCAST]. Waters of the United States and Winston Churchill. According toShopping Center Business, Pet Valu announced a wind-down of its operations due to COVID-19. Retail companies are still under strain. 12. La Fitness. According to24/7WallSt.com, the company reported a second quarter net loss of $46.6 million. Unless otherwise noted, attorneys are not certified by the Texas Board of Legal Specialization, nor can NLR attest to the accuracy of any notation of Legal Specialization or other Professional Credentials. However, the bankruptcy rate remains lower than the rates observed throughout the 1980s and 1990s. According to theVariety, the theatre chain with 659 US locations is raising $47.7 million in cash. Bethany Biron. You will be notified in advance of any changes in rate or terms. Francescas An Imminent Filing? 2021 Turning Points: The Biggest Bankruptcies Thus Far. Bestseller selects Nedap for Vero Moda RFID roll-out, Interface Unveils New Brand Identity to Reinforce Customer-Focused Innovation, Only 12% of Merchants Achieve Consumer Financing Approval Rates of 80% or Above, By signing up to receive our newsletter, you agree to our. Ogletree, Deakins, Nash, Smoak & Stewart, P.C. To speak with someone regarding your membership status, please contact your local club. a ch H Lang District H Lang, Cao Bang S in thoi:. Europe: Is Eltif 2.0 a More Viable Structure for Long-Term Investment in the EU? Party City Social Distancing Celebrations. AMC Why Go to the Movies When You Can Stream? La Jolla, CA 92037; 641 S. Rancho Sante Fe Road, San Marcos, CA 92078; 324 Sycamore Avenue, Vista, CA 92083; Chains like 24 Hour Fitness, Gold's Gym, and the owner of New York Sports Clubs have already filed for bankruptcy and collectively laid off hundreds of employees. Around 18% and 20% owe $500-$1,000 and $2,500-$5,000 in medical bills, respectively. In these cases, many of them file jointly for bankruptcy, making the whole process a lot easier. Recent CFPB Actions Focus on Protecting Military Families, New and Updated Guidance on the Scope of the UK Plastic Packaging Tax. Good morning. However, it plans to focus on its IT services to consumers and business, noting that in three years, the retail arm may only account for 20% of its business. The Gap Fall Into Bankruptcy? Already this year, some companies have come up short, and more are likely to follow. L Brands Jettisoning Victorias Secret and Keeping Bath & Body Works? USA Todayreports that bedding-related products are hot sellers enjoying a year-over-year sales increase of more than 30%. 24 Hour Fitness said Monday in its Chapter 11 filing that it. Currently, you are using a shared account. Accessed March 04, 2023. https://www.statista.com/statistics/922841/us-health-clubs-by-revenue/, Club Industry. Words With Friends, Part 1: Insurance Requirements and Contracts, Legislator Proposes To Expand CFL To Encompass "Commercial CERCLA PFAS Scope May Broaden To Many More PFAS, AI Avatar App is the Latest Target of BIPA Class Action Litigation. House Energy & Commerce Subcommittee Holds Hearing on U.S. Hunton Andrews Kurths Privacy and Cybersecurity. This copy is for your personal, non-commercial use only. The fitness chain filed for bankruptcy on May 4. According toForbes, the Pandemic accelerated apparel filings. Town Sports International the parent company of New York Sports Clubs and Boston Sports Clubs, among a number of other fitness chains filed for Chapter 11 bankruptcy on September 14, citing pandemic-related difficulties. Recent CFPB Actions Focus on Protecting Military Families, New and Updated Guidance on the Scope of the UK Plastic Packaging Tax. The company now has an optimized cost structure and leaner balance sheet after eliminating $1.2 billion of funded debt, according to the announcement No attorney-client or confidential relationship is formed by the transmission of information between you and the National Law Review website or any of the law firms, attorneys or other professionals or organizations who include content on the National Law Review website. The National Law Review is a free to use, no-log in database of legal and business articles. Part 1 training plans. Retailers that might have chugged along for years filed as they ran into liquidity shortages or faced eviction over unpaid rent. GAP Avoiding Bankruptcy, While Closing its Flagship Store? Business.comnotes that the US pharmacy chain, with 2,500 stores in 19 states, had a rough go during the Pandemic, as fewer people came down with colds or coughs as they sheltered at home. You only have access to basic statistics. On April 30, 2021 (the "Petition Date") Burn Fitness, LLC filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code.The Debtor's case was assigned case no. Mattress Firm Still Too Many Stores? In, Club Industry. Good News for American Businesses: H1-B Denial Rates Plummet Under USCIS Extends Comment Period for Proposed Fee Increases, OFCCP Rescinds Trump-Era Religious Exemption Rule. CNBCreports that Regals re-opening of approximately 500 locations on April 2 to limited capacity was a significant decision for the theater chain. Stark & Starks Shopping Center and Retail Development Group can help. Business Solutions including all features. Other industries with the greatest volume of filings in 2021 included construction and supplies . When was the last time you attended (in-person) a graduations, wedding, birthday, and/or sports celebrations? White House Requires Removal of TikTok App from FDA Withdraws Proposed Rule on General Principles for Food Standards New FAQs Dramatically Expand Scope of California Labor Contractor Today is the Day Dont Miss the Employer Deadline to Report to OSHA, PTO Seeks Comments on Role of Artificial Intelligence in Inventorship. Visas for F and M Students Can Now Be Issued 365 Days Ahead of Program Start Date. The choice of a lawyer or other professional is an important decision and should not be based solely upon advertisements. The circumstances for membership freezes is largely different, and the duration is likely longer. A 2015 Kimco case study found that one year after the arrival of LA Fitness gyms at two shopping centers, six other tenants . This copy is for your personal, non-commercial use only. Good News for American Businesses: H1-B Denial Rates Plummet Under USCIS Extends Comment Period for Proposed Fee Increases, OFCCP Rescinds Trump-Era Religious Exemption Rule.