What do you think about the 13.9 billion loss of the U.S. fitness industry?

Affected by the epidemic, many industries around the world have been hit hard, including the fitness industry in the United States. According to reports, the fitness industry in the United States has also been hit by the epidemic and has suffered huge losses, with losses exceeding more than $10 billion so far. The fitness industry belongs to the real industry, and the loss of more than $10 billion is not a small amount for the real industry, and if no one intervenes in time to save it, then the fitness industry in the United States may collapse from now on.

No one in the gym wants to go to the epidemic, and local officials have advised everyone to stay at home as much as possible and not go out, and if the members of the gym follow this advice and choose to stay at home and no longer go to the gym, then the gym will no longer have income, which is an obvious blow to the gym. The gym itself is also a public place, and it is also a special public place, you can't always wear a mask in the gym to exercise, so instead of going to the gym in various ways, many people choose to exercise at home. <>

Gyms can't transform, some industries can be affected by the epidemic, they can make transformations or launch other services to obtain other income, but gyms can't do it, gyms only have one service: provide a venue for others to exercise. No one wants to go to this venue, and there is no need for a gym to exist.

Moreover, many people can choose to buy some equipment online to exercise at home on their own, which is another blow to the gym. In short, the inability to transform and rigid services make it difficult for the fitness industry in the United States to move forward. <>

Many people have called for a rescue After statistics, many gyms in the United States have announced their closure, and more than 2,000 physical stores have directly announced the closure of stores, including some old stores, which is certainly difficult for some people who love fitness to accept. Because of this, they have been calling for someone to inject funds to save the fitness industry that is in danger, because if this continues, even if the epidemic passes, many people will have no place to exercise for a while.

In line with the current development trend of the industry. Affected by the epidemic, many people choose to exercise at home, and the number of people who go to public gyms to consume has been greatly reduced, so the industry has suffered serious losses.

I think that under the influence of the epidemic, it is inevitable that the fitness industry will suffer losses, because fitness is a gathering activity, and of course it will be very affected during the epidemic.

This year's epidemic is more special, and it is forbidden to go out and operate gyms during the epidemic, resulting in no income, so it is normal to lose money this year.

The reason why gyms in the United States are not profitable is because of the fierce competition.

The U.S. has a lot of gyms and fitness centers, and the market is very competitive. This has led to competition and a struggle for market share. In order to attract customers, gyms have had to provide more services and facilities, increasing operating costs, but also reducing profit margins.

Gyms need to pay high operating costs such as rent, staff salaries, equipment maintenance, utilities, etc. In particular, the cost of purchasing, maintaining, and brightening up this new fitness equipment is higher.

It's normal for businesses to go bankrupt during the pandemic. During this critical period, everyone is afraid to go out, and they are very afraid of being infected, and going to the gym is even more luxurious.

The huge loss of $13.9 billion in the U.S. fitness industry is a loss, and it can be smooth sailing, and there are times when there are times to make money.

This is a normal situation, no one goes to the gym anymore due to the epidemic, and the loss is certain. This is normal, but if the epidemic cannot be controlled by next year. That may be the closure of many stores in the fitness industry.

In the case of the epidemic this year, it is also a very normal thing for the fitness industry to lose money, because during the epidemic, many people even faced difficulties in their normal lives, let alone going to the gym to work out.

In fact, it is very normal, because the pneumonia epidemic in the United States is still relatively serious, and many people do not go to fitness.

This has had a very bad impact on the local area, because the fitness industry in the United States is now becoming more and more depressed.

In this way, the United States has no taxes, and it cannot pay for urban maintenance, and it is difficult to pay for the management of the police, so the United States is in a dilemma.

The U.S. fitness industry has suffered a huge loss of $13.9 billion, which has caused a series of economic and even employment impacts on the local area, which is a very critical thing for people.

The U.S. fitness industry suffered a huge loss of $13.9 billion, which caused an increase in the number of local unemployed, damage to related industries, and strong dissatisfaction among the masses.

It must have had a big impact on some of the local people who work in gyms, and jobs may be lost as a result, and then family income will be cut off as a result.

The greatest threat to humanity is always disease, and this year's pandemic is an example of this, in which the fitness industry in the United States is one of the countless countries and industries affected by the epidemic. According to the local **, because of the epidemic, thousands of local gyms have been closed, and the financial loss has reached a staggering $13.9 billion, which is really heart-wrenching. Such a large number of gym closures will not only cause financial losses for the fitness industry, but also cause a series of related reactions such as increased unemployment and damage to related industries, in addition to causing strong dissatisfaction among the local people.

As we all know, once an industry is in trouble, it is not only the economic loss that is affected, but the fitness industry is no exception. As a once highly profitable industry, once a large number of gyms closed, it would cause a sharp increase in the number of local unemployedJudging by the current number of gym closures in the United States, the number of unemployed people could reach a terrifying number of tens to hundreds of thousands. This means that these people who used to work in the fitness industry will have nothing to do for a period of time, and this will directly lead to frequent dissatisfaction among this group, and in severe cases, some conflicts may erupt.

In addition, the loss of the fitness industry also means that the local related industries may be affected, such as protein powder and sports equipment manufacturers. As we all know, in the field of fitness, there are many people who choose to consume protein powder to gain muscleOnce the gym closes due to economic losses, exercisers will reduce the purchase of protein powder because they do not have high-intensity training, which directly leads to the economic damage of the protein powder industry. The same is true for sports equipment, in today's **, few people will open a new gym, and few people will naturally buy sports equipment.

To sum up, the economic loss of the fitness industry in the United States has directly led to an increase in the number of unemployed people in the local people, and indirectly led to the impact of gym-related industries, which can be said to be quite largeHowever, it is expected that after the epidemic, the United States will introduce relevant policies to restore the economy of gyms.

Yes, according to the International Federation of Health Sports and Clubs (IHRSA), as of September 1, 2020, 2,616 fitness venues in the United States have been permanently closed due to the epidemic. Cumulative revenue loss in the U.S. fitness industryIt has exceeded $13.9 billion.

However, the battle to save the battered U.S. health and fitness industry continues, with Mike Quigley and Brian Fitzpatrick introducing a new Health and Fitness Recovery Act of 2020 to help protect the U.S. fitness industry from the "devastating effects" of the pandemic.

The main element of the bill will be to establish a $30 billion recovery for the industry**. This will provide funding for businesses to cover losses of up to 10% of the previous year's revenue, or $10 million, whichever is less.

Grantees will be able to use the grant for salary costs, utility costs, maintenance costs, supplies, mortgage obligations, and rent.

According to the International Federation of Health Sports and Clubs (IHRSA) data: as of September 1, 2020,In the United States, 2,616 fitness venues have been closed due to the epidemic. As a result, the cumulative revenue loss of the U.S. fitness industry has exceeded $13.9 billion.

It is reported that during the epidemic, a number of American gym chains have declared bankruptcy or are considering bankruptcy or layoffs. GOLD, a 55-year-old American gym'S Gym filed for bankruptcy protection back in early May and permanently closed 32 of its stores. In a related bankruptcy document, its liabilities amounted to $100 million.

24 Hour Fitness, an American fitness organization, also suffered a serious financial hit, closing 130 of its directly operated gyms in the United States before being acquired by an Asian consortium. Town Sports International, a fitness giant that once owned 185 fitness clubs of different brands such as New York and Boston, with a total of more than 600,000 fitness members. also because of the rupture of the capital chain caused by the epidemic, he had no choice but to apply for bankruptcy protection on September 15.

According to reports, more than 2,000 gyms have closed down in the United States, and many owners are struggling to stay afloat because they are unable to repay their bank loans. But the United States** has also taken certain measures. But the best way is to get better about the epidemic in our country as soon as possible, otherwise it will not only affect the fitness industry, but also other industries, then at this time, the consequences will be unimaginable!

The above is the view, the impact of the new crown epidemic is very great, and what we should do is to face it positively and follow the command, so that we can effectively prevent and control it. And the current situation in the United States is also very complicated, and perhaps all walks of life will be affected! Do you think that's the reason?

Let me know what you think!

I think it's mainly because of the impact of the epidemic, because everyone can't go out, let alone go to the gym.

Ordinary people who originally exercised stopped coming to exercise, so in such a situation, it led to the loss of business, and naturally they were in a particularly loss-making situation.

The reason for the loss is mainly because of the epidemic, because many people can't go out during the epidemic, so the fitness industry will lose so much.

What else could it be, the epidemic is so serious this year, and no one goes to the gym, so the turnover has decreased and it is a loss.

According to the International Federation of Health Sports and Clubs (IHRSA):As of September 1, 2020, 2,616 fitness venues in the United States have been permanently closed due to the epidemic. The cumulative revenue loss of the U.S. fitness industry has exceeded $13.9 billion.

IHRSA had predicted that 25 percent of U.S. health clubs would face permanent closures by the end of 2020. It is reported that there were as many as 40,000 clubs in the heyday of the fitness industry in the United States, and now the huge losses can be called "catastrophe" for the industry.