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/PRNewswire/ Gympass, the world s largest employee wellbeing platform, today announced Stronger U Nutrition as the newest addition to its roster of wellness. ....
Some operators wonât even say the word âbankruptcy.â Take Adam Zeitsiff, CEO of Goldâs Gym when it filed for Chapter 11 in May 2020. I donât use the B-word, he said at the time. His public relations firm preferred restructuring through the court process.â But can bankruptcy be a good thing? These five operators used the process to their advantage. 1. Diamonds in the rough. Chris Rowland, CEO of Pet Supplies Plus, moved quickly when news broke last November that Pet Valu was closing its 358 U.S. stores. âWe heard the announcement of them liquidating, so we reached out to their real estate department and had a conversation, and they were accommodating in terms of giving us information on stores we were specifically interested in.â ....
The largest yoga chain in the U.S. YogaWorks filed for Chapter 11 bankruptcy due to the pandemic and shuttered more than 60 studios. The company still offers online classes and teacher training courses. The Japanese retailer closed its doors in California, including Third Street Promenade, Hollywood, Santa Anita, Stanford, San Jose, Santa Monica and SOMA. The company announced in July that it was restructuring its U.S. operations due to the pandemic. Thank you for 8 wonderful years in California, the company said in a statement. We hope you will continue to shop with us online, our websites remain fully operational and our customer service experts are always available to answer any questions you may have. ....