Photo by Danielle Cerullo on Unsplash BIZ Gyms Became More Innovative Since Pandemic by Katie Malespina March 9, 2021 A New Way Of Working Out at the Gyms: Covid-19 has taken the world by storm, and the fitness industry was forced to change the way they run. The whole fitness industry has changed, and some not for the better. Many gyms closed from the pandemic and now suffer the consequences. People have switched to at-home gym equipment, and no longer need to go to the gym. The problem with this is now gyms are opening back up, and their customers have adjusted to the change. Gyms are opening back up but this time it’s outdoors. The fitness industry has to create ways to be safe and keep their customers socially distant from each other. The workouts are going outside from; mall parking lots, to parks, and now at-home! Outside people are able to stay apart while also being able to work out at their gym. At-Home Exercise has Taken Over the Fitness Industry: Peloton, which is at-home exercise equipment that has been doing very well since the pandemic. Users get a bike that is in their homes and can follow a workout with a trainer. Now there isn’t any need to go out. CNBC states, “According to its second-quarter earnings release, Peloton reported more than two million members as of the end of its second fiscal quarter on Dec. 31, and its quarterly revenue grew 77% to $466.3 million.” The peloton was able to use the at-home policy to its advantage, and the industry is expected to be booming in the coming years. Companies like Peloton have been hurting the gyms because people want to be safe, and if they have the option to work out at home they would. According to RunRepeat, “More than 38,000 gyms and health clubs have been closed down because of the virus as of May 2020 [Harrison Co., May 2020].” A lot of gyms have been shutting down because of the virus, and many people have canceled memberships. The future for the fitness business might be from home, so industries must come up with ways to keep customers coming. Post Views: 835 The following two tabs change content below.BioLatest Posts Katie Malespina Latest posts by Katie Malespina (see all) Hideki Matsuyama Becomes First Japanese Man to Win The Masters 2021 - April 13, 2021 NFL Legend Drew Brees Takes on a New Hobby After Retirement - April 7, 2021 Will Michael Jordan’s Exclusive Golf Course Enable Him To Take On The Pros? - March 30, 2021 Tim Peel is Discharged After Caught on Hot Mic - March 25, 2021 Related Topics#Coronagymspelotonworking out Newsletter Subscription Can't Miss Posts! Women in Sports: NHL Network Host, Jackie Redmond by Nicholas Durst | posted on March 4, 2019 How To Avoid Scams When Purchasing Football Tickets Online by Guest | posted on July 23, 2020 XFL Co-Owner Dany Garcia Talks Business, Serving Others at espnW Women + Sports Summit by Candace Cordelia | posted on October 23, 2020 Women in Sports: Ariel Epstein, On-Air Host at SportsGrid (VIDEO) by Anthony Paradiso | posted on March 12, 2021 A Look at Paternity Leave in MLB as Trout Becomes a Dad by Elizabeth DiPietro | posted on August 5, 2020 More in BIZ You Know I’m Right, Episode 113: New York Post Columnist Phil Mushnick (Audio/Video) On the 113th episode of You Know I’m Right, Nick Durst and Joe Calabrese are joined by... You Know I’m Right, Episode 112: New York Jets’ Insider Brian Costello (Audio/Video) On the 112th episode of You Know I’m Right, Nick Durst and Joe Calabrese are joined by... How the You Know I’m Right Podcast Reached 100 Episodes On March 29, 2021, the You Know I’m Right Podcast published it’s 100th episode... You Know I’m Right, Episode 111: New York Giants’ Insider John Schmeelk (Audio/Video) On the 111th episode of You Know I’m Right, Nick Durst and Joe Calabrese are joined by... You Know I’m Right, Episode 92: Fox’s Tina Cervasio (Audio/Video) You Know I’m Right, Episode 93: Jenny Dell of CBS Sports