New York-based rowing studio CityRow has plans to expand.
Founder and CEO Helaine Knapp told Cheddar she is considering bringing its machines into your home.
“When I think about what a holistic platform would be, for a consumer in New York City, in Seattle, in San Fran, or maybe it’s 35 or 45 [miles] outside of a city, it combines both the physical experience as well as at-home,” she said in an interview Friday. “It’ll be a cornerstone of our fundraising.”
Boutique fitness studios like Peloton and SoulCycle have already moved beyond buildings into at-home products. Knapp hopes to secure new funding in the next two to three months to finance her own company’s move into that market.
She says she’ll also look for opportunities to franchise. The company, which currently has two locations in Manhattan, will open a new studio in Ann Arbor, Michigan early this year.
For full interview [click here](https://cheddar.com/videos/boutique-fitness-studio-cityrow-on-plans-for-expansion).
Apple is leading Wall Street toward its biggest rally in nearly four months Friday after the market's most influential company reported a better profit than feared.
Apple once again posted an, until now, rare revenue decline in its latest fiscal quarter, but said its overall business improved from the December quarter and sales of its iPhones were solid.
America’s employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising strength despite rising interest rates, chronically high inflation and a banking crisis that could weaken the economy.
Danny Taing, founder and CEO of Bokksu, joined Cheddar News to discuss his path on how he became an entrepreneur to launch a company that delivers artisanal Japanese snacks. "When I moved back from Japan to New York, I had this bit of reverse culture shock ... a lot of people had somewhat of a one-dimensional view of Japan ... they saw this country where people ate sushi every day ... none of that is true," he said.
Will Rhind, CEO of GraniteShares, joined Cheddar News to discuss Thursday's trading session amid renewed fears over the regional banking crisis as well as concerns over the debt ceiling debate.
The United Food and Commercial Workers union, one of the country's largest, opposed the planned merger between grocery chains Kroger and Albertson's, according to The Wall Street Journal, citing concerns about lack of information and the potential viability of stores upon closing.
Johnson & Johnson's consumer-health unit Kenvue made its debut on the New York Stock Exchange and jumped about 20% on Thursday. Thibaut Mongon, CEO of Kenvue, joined Cheddar News to discuss business growth goals and what lies ahead for its well-known pipeline of products, including Band-Aid, Neutrogena, Tylenol, among others.
