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September 15, 2020

Another gym chain seeks bankruptcy

NEW YORK (AP) — The company that runs New York Sports Club and Lucille Roberts gyms filed for bankruptcy protection with COVID-19, still prevalent in many parts of the U.S., gutting membership rolls at fitness companies nationwide.

Gold's Gym sought bankruptcy protection in May and 24 Hour Fitness Worldwide filed for bankruptcy in June. Many companies, including Planet Fitness, furloughed workers in order to conserve cash.


 
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