While exercise can help with that anxiety many are feeling, gyms have been shuttered across the country ever since numerous stay-at-home orders were put in place. Chris Rondeau, the CEO of Planet Fitness, told Cheddar, "All our gyms are closed throughout the entire country... we closed ours down about mid-March."
Gym-rats may be seeing a light at the end of the tunnel, however. On Thursday, President Trump unveiled his phased plan to reopen America, which could allow some gyms to return to business with strict physical distancing and sanitizing protocols.
What might that look like in practice? Rondeau told Cheddar that it may mean unplugging every other piece of cardio equipment, to ensure more space between users and a reiteration of its existing cleaning policies and procedures.
For those not eager to rush back into gyms that could become crowded, Planet Fitness is partnering with iFIT to launch at-home streaming workouts, a decision made before the pandemic,
"We realized that the trend is going to [digital fitness]. I don't see it as a way that it replaces a gym membership, but it enhances their ability to work out when they can't go to the gym that day," said Rondeau.
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With an increasing demand for mental health services, one person wanted to change the therapy game. In 2017, CEO Alex Katz founded Two Chairs, a company that uses technology to match patients with the right therapist.
Not only is April Financial Literacy Month, it’s also the kickoff of the spring homebuying season. So now is the time to make sure you have a financial plan in place – and why it might not be wise for that to include buying your first home.
While the U.S. may slowly be on the path to lowering inflation (and therefore interest rates), Europe has thoroughly trounced America, putting it on the path to lower rates by this summer.
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.