fitness: May 2009 Archives

Crunch Fitness bankrupt, hoping for sale

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Hip gym chain Crunch Fitness filed for bankruptcy protection and announced the closing of one of its 25 locations. The company cited slow membership activity and high leases as causing a credit, er, crunch.

Crunch hopes to sell its assets/be acquired by its major lender in a new joint venture; a deal is expected to close in July.

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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

About this Archive

This page is a archive of entries in the fitness category from May 2009.

fitness: December 2008 is the previous archive.

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